| SCHEDULE OF CONSOLIDATED EBITDA FOR REPORTABLE SEGMENT |
The following table presents consolidated EBITDA for our single reportable segment:
|
|
|
|
|
|
|
|
|
|
|
For the three months ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
|
|
|
|
|
|
Net revenues |
|
$ |
14,480,654 |
|
|
$ |
11,857,376 |
|
Cost of revenues |
|
|
(2,237,828 |
) |
|
|
(1,522,398 |
) |
Selling and marketing |
|
|
(28,693 |
) |
|
|
(56,531 |
) |
Corporate and administrative |
|
|
(2,891,091 |
) |
|
|
(7,337,936 |
) |
Employee salaries and related expenses |
|
|
(2,313,283 |
) |
|
|
(5,441,165 |
) |
Consolidated EBITDA |
|
|
7,009,759 |
|
|
|
(2,500,654 |
) |
Adjustments and reconciling items: |
|
|
|
|
|
|
Depreciation and amortization |
|
|
(3,713,954 |
) |
|
|
(3,510,021 |
) |
Other income |
|
|
559,334 |
|
|
|
496,312 |
|
Interest expense |
|
|
(244,363 |
) |
|
|
(348,330 |
) |
Gain on the extinguishment of debt |
|
|
— |
|
|
|
— |
|
Provision for income taxes |
|
|
(36,715 |
) |
|
|
— |
|
Net income (loss) from continuing operations |
|
$ |
3,574,061 |
|
|
$ |
(5,862,693 |
) |
|