Impact of revision items

Year ended December 31, 2023

As previously reported

Adjustments

As revised

Cost of goods sold

$47,831,980  

$559,744  

$48,391,724  

Gross margin

$2,889,909  

$(559,744) 

$2,340,165  

General and administrative

$3,068,368  

$634,783  

$3,702,743  

Depreciation and amortization

$564,639  

$(559,744) 

$5,303  

Share-based compensation

$634,783  

$(634,783) 

$-  

Loss from operations

$(1,367,881) 

$-  

$(1,367,881) 

Impact of revision items

Six months ended June 30, 2024

As previously reported

Adjustments

As revised

Cost of goods sold

$13,877,138  

$336,576  

$14,243,714  

Gross margin

$450,436  

$(366,576) 

$86,860  

General and administrative

$2,119,294  

$459,968  

$2,579,262  

Depreciation and amortization

$369,521  

$(336,576) 

$2,945  

Share-based compensation

$459,968  

$(459,968) 

$-  

Loss from operations

$(2,498,347) 

$-  

$(2,498,347) 

Impact of revision items

Nine months ended September 30, 2024

As previously reported

Adjustments

As revised

Cost of goods sold

$18,409,703  

$584,850  

$18,994,553  

Gross margin

$764,666  

$(584,850) 

$179,816  

General and administrative

$3,322,846  

$534,572  

$3,857,418  

Depreciation and amortization

$589,267  

$(584,850) 

$4,417  

Share-based compensation

$534,572  

$(534,572) 

$-  

Loss from operations

$(3,682,019) 

$-  

$(3,682,019) 

Impact of revision items

Three months ended September 30, 2024

As previously reported

Adjustments

As revised

Cost of goods sold

$4,532,565  

$218,174  

$4,750,839  

Gross margin

$314,230  

$(218,274) 

$95,956  

General and administrative

$1,205,032  

$74,604  

$1,279,636  

Depreciation and amortization

$219,746  

$(218,274) 

$1,472  

Share-based compensation

$74,604  

$(74,604) 

$-  

Loss from operations

$(1,185,152) 

$-  

$(1,185,152)