2025

2024

For the Years Ended

December 31,

2025

2024

United States operations segment sales

$

13,724,563

$

6,434,514

Latin American operations segment cost of goods sold

$

8,239,306

$

-

United States operations segment cost of goods sold

2,834,229

5,480,874

United States operations segment expenses:

General and administrative

2,312,198

1,285,245

Rent

49,590

52,727

Salaries and wages

1,027,351

975,647

Professional fees

960,855

800,564

Total United States operating expenses

$

4,349,994

$

3,114,183

United States operations segment EBITDA

$

6,540,340

$

(2,160,543

)

Latin American operations segment cost of goods sold

$

8,239,306

$

-

Latin American operations segment expenses:

General and administrative

1,710,708

263,438

Rent

158,826

187,486

Salaries and wages

349,798

213,940

Professional fees

181,657

200,493

Total Latin American operating expenses

2,400,989

865,357

Operating expenses

2,400,989

865,357

Latin American operations segment EBITDA

$

(10,640,295

)

$

865,357

Consolidated EBITDA

$

(4,099,955

)

$

(3,025,900

)

Reconciliation of net earnings before income tax expense:

Consolidated EBITDA

$

(4,099,955

)

$

(3,025,900

)

EBITDA

$

(4,099,955

)

$

(3,025,900

)

Depreciation

(616,581

)

(171,843

)

Interest income

19,400

14,156

Interest expense

(780,595

)

(863,231

)

Stock compensation expense

(245,419

)

(704,698

)

Impairment of note receivable

(401,522

)

-

Consolidated net loss before income tax expense

$

(6,124,672

)

$

(4,751,516

)