Segments (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Segments [Abstract] |
|
| Schedule of Long-Lived Assets (Net) Attributable to Operations |
Net sales attributed to customers in the United
States and foreign countries for the three months ended March 31, 2026 and 2025 were as follows:
| | |
March 31,
2026 | | |
March 31,
2025 | |
| United States | |
$ | 5,221,880 | | |
$ | 7,454,724 | |
| Canada | |
| 227,580 | | |
| 656,877 | |
| Mexico | |
| 42,831 | | |
| 1,320 | |
| Other | |
| 414 | | |
| 57,613 | |
| | |
$ | 5,492,705 | | |
$ | 8,170,534 | |
|
| Schedule of Net sales by Product Group |
The Company’s net sales by product group
for the three months ended March 31, 2026 and 2025 were as follows:
| | |
March 31,
2026 | | |
March 31,
2025 | |
| Nutraceuticals | |
$ | 4,824,763 | | |
$ | 6,639,564 | |
| Beverages | |
| 667,942 | | |
| 30,970 | |
| License Revenue | |
| - | | |
| 1,500,000 | |
| | |
$ | 5,492,705 | | |
$ | 8,170,534 | |
|
| Schedule of Net Sales by Major Sales Channel |
The Company’s net sales by major sales channel
for the three months ended March 31, 2026 and 2025 were as follows:
| | |
March 31,
2026 | | |
March 31,
2025 | |
| Online | |
$ | 1,787,085 | | |
$ | 2,761,845 | |
| Retail | |
| 3,705,620 | | |
| 5,408,689 | |
| | |
$ | 5,492,705 | | |
$ | 8,170,534 | |
|
| Schedule of Significant Segment Expenses |
The Company’s significant segment expenses
for the three months ended March 31, 2026 and 2025 were as follows:
| | |
March 31,
2026 | | |
March 31,
2025 | |
| Retailer promotions | |
$ | 689,381 | | |
$ | 939,453 | |
| Freight and fulfillment | |
| 341,919 | | |
| 497,748 | |
| Online marketing | |
| 900,722 | | |
| 931,827 | |
| Salaries and benefits, marketing | |
| 432,559 | | |
| 328,174 | |
| Other selling and marketing | |
| 91,491 | | |
| 179,069 | |
| IT expenses | |
| 144,704 | | |
| 140,576 | |
| Salaries and benefits, non-marketing | |
| 1,059,304 | | |
| 567,993 | |
| Professional fees | |
| 254,270 | | |
| 163,768 | |
| Travel | |
| 160,733 | | |
| 155,120 | |
| Stock based compensation | |
| 160,057 | | |
| - | |
| Board of Directors compensation | |
| 31,250 | | |
| - | |
| Other general and administrative expenses | |
| 238,192 | | |
| 279,257 | |
| Amortization | |
| 33,333 | | |
| 33,333 | |
| | |
$ | 4,537,915 | | |
$ | 4,216,318 | |
|
| Schedule of Long-Lived Assets (Net) Attributable to Operations |
Long-lived assets (net) attributable to operations
in the United States and foreign countries as of March 31, 2026 and December 31, 2025 were as follows:
| | |
March 31,
2026 | | |
December 31,
2025 | |
| United States | |
$ | 116,667 | | |
$ | 150,000 | |
| Foreign countries | |
| - | | |
| - | |
| | |
$ | 116,667 | | |
$ | 150,000 | |
|