v3.26.1
Segment Reporting and Major Customers (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Focusing on Revenue, Gross Margin and Certain Operating Expenses The Chief Executive Officer reviews the consolidated balance sheet with relation to consolidated Assets. The Chief Executive Officer does not review any additional or more disaggregated level.

 

 

 

Three Months Ended

For The Six Months Ended

 

 

 

June 30,

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

11,704,565

 

 

$

9,652,234

 

 

$

21,817,853

 

 

$

19,484,048

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

 

3,262,017

 

 

 

3,600,061

 

 

 

6,473,698

 

 

 

6,822,246

 

Gross profit

 

 

8,442,548

 

 

 

6,052,173

 

 

 

15,344,155

 

 

 

12,661,802

 

Gross margin

 

 

72.1

%

 

 

62.7

%

 

 

70.3

%

 

 

65.0

%

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Payroll and benefits expense

 

 

7,138,891

 

 

 

7,663,736

 

 

 

14,354,651

 

 

 

14,441,271

 

Advertising

 

 

2,050,276

 

 

 

2,229,940

 

 

 

3,893,966

 

 

 

3,839,629

 

All other segment operating expenses

 

 

2,845,951

 

 

 

2,536,971

 

 

 

5,236,258

 

 

 

5,816,202

 

Payroll and benefits expense in cost of revenue

 

 

(1,338,084

)

 

 

(1,788,154

)

 

 

(2,729,182

)

 

 

(3,324,726

)

 

 

 

10,697,034

 

 

 

10,642,493

 

 

 

20,755,693

 

 

 

20,772,376

 

Loss from operations

 

$

(2,254,486

)

 

$

(4,590,320

)

 

$

(5,411,538

)

 

$

(8,110,574

)

Other expense (income)

 

 

535,744

 

 

 

(106,549

)

 

 

1,040,440

 

 

 

(298,540

)

Change in fair value of derivatives liabilities

 

 

1,199,726

 

 

-

 

 

 

360,662

 

 

-

 

Tax Expense

 

 

31,404

 

 

 

148,201

 

 

 

218,119

 

 

 

284,996

 

Net Loss

 

$

(4,021,360

)

 

$

(4,631,972

)

 

$

(7,030,759

)

 

$

(8,097,030

)