| Schedule of Net Income or Loss, total Assets and total Liabilities |
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key
metrics included in net income or loss, total assets and total liabilities, which include the following:
| | |
June 30, | | |
December 31, | |
| | |
2025 | | |
2024, | |
| | |
| | |
| |
| Inventory | |
$ | 7,918,552 | | |
$ | 11,181,806 | |
| Deferred revenue | |
$ | (8,969,670 | ) | |
$ | (11,802,825 | ) |
|
When evaluating
the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included
in net income or loss, total assets and total liabilities, which include the following:
| | |
December 31, | | |
December 31, | |
| | |
2024 | | |
2023, | |
| | |
| | |
As Restated | |
| Inventory | |
$ | 11,181,806 | | |
$ | 9,607,766 | |
| Deferred revenue | |
$ | 11,802,825 | | |
$ | 16,190,861 | |
|
| Schedule of Operation |
| | |
Three
Months Ended June
30, | | |
Six
Months Ended June
30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
| | |
| | |
| | |
| |
| Revenue, net | |
$ | 7,015,892 | | |
$ | 6,454,418 | | |
$ | 13,437,263 | | |
$ | 13,444,164 | |
| Less: Cost of goods sold | |
$ | 5,627,448 | | |
$ | 4,399,575 | | |
$ | 10,284,247 | | |
$ | 9,863,688 | |
| Gross Profit | |
$ | 1,388,444 | | |
$ | 2,054,843 | | |
$ | 3,153,016 | | |
$ | 3,580,476 | |
|
| | |
Year Ended December 31, | |
| | |
2024 | | |
2023, | |
| | |
| | |
As Restated | |
| Revenue, net | |
$ | 25,165,733 | | |
$ | 19,492,606 | |
| Less: Cost of goods sold | |
| 19,277,786 | | |
| 14,969,683 | |
| Gross Profit | |
| 5,887,947 | | |
| 4,522,923 | |
|