| SCHEDULE OF REVENUE RECOGNIZED |
The
following table summarizes the Company’s revenue recognized in its unaudited condensed consolidated statements of operations:
SCHEDULE
OF REVENUE RECOGNIZED
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
For the Three Months Ended | | |
For the Nine Months Ended | |
| | |
September 30, | | |
September 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Product revenue | |
$ | - | | |
$ | 230,700 | | |
$ | 300,000 | | |
$ | 300,000 | |
| Royalty revenue | |
| 11,800 | | |
| 2,900 | | |
| 40,100 | | |
| 57,700 | |
| Revenue | |
$ | 11,800 | | |
$ | 233,600 | | |
$ | 340,100 | | |
$ | 357,700 | |
|
SCHEDULE
OF REVENUE RECOGNIZED
| | |
2024 | | |
2023 | |
| | |
For the Years Ended | |
| | |
December 31, | |
| | |
2024 | | |
2023 | |
| Product revenue | |
$ | 300,000 | | |
$ | - | |
| Royalty revenue | |
| 101,000 | | |
| 145,800 | |
| Revenues | |
$ | 401,000 | | |
$ | 145,800 | |
|
| SCHEDULE OF WEIGHTED AVERAGE DILUTIVE COMMON SHARES |
The
following table summarizes the securities that were excluded from the diluted per share calculation because the effect of including these
potential shares was antidilutive due to the Company’s net loss position even though the exercise or conversion price could be
less than the average market price of the common shares:
SCHEDULE
OF WEIGHTED AVERAGE DILUTIVE COMMON SHARES
| | |
For the Three and Nine Months Ended | |
| | |
September 30, | |
| | |
2025 | | |
2024 | |
| Stock options | |
| 5,262,973 | | |
| 3,401,608 | |
| Warrants | |
| 3,951,384 | | |
| 3,952,504 | |
| Convertible Preferred Stock | |
| 1,398,158 | | |
| 1,398,158 | |
| | |
| 10,612,515 | | |
| 8,752,270 | |
|
The
following table summarizes the securities that were excluded from the diluted per share calculation because the effect of including these
potential shares was antidilutive due to the Company’s net loss position even though the exercise or conversion price could be
less than the average market price of the common shares:
SCHEDULE
OF WEIGHTED AVERAGE DILUTIVE COMMON SHARES
| | |
For the Years Ended | |
| | |
December 31, | |
| | |
2024 | | |
2023 | |
| Stock options | |
| 3,263,467 | | |
| 1,466,892 | |
| Warrants | |
| 3,951,634 | | |
| 4,791,019 | |
| Unvested RSUs | |
| - | | |
| 97,827 | |
| Convertible Preferred Stock | |
| 1,398,158 | | |
| 1,398,158 | |
| | |
| 8,613,259 | | |
| 7,753,896 | |
|