| Schedule of Reconciles the Company’s Net Sales and Operating Loss |
The
following reconciles the reportable segment net sales and operating loss to the Company’s reported net loss:
Schedule
of Reconciles the Company’s Net Sales and Operating Loss
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three months ended June 30, | | |
Six months ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Net Sales | |
$ | 1,928,695 | | |
$ | 894,086 | | |
$ | 3,536,578 | | |
$ | 1,789,741 | |
| COGS | |
| 272,573 | | |
| 146,643 | | |
| 490,939 | | |
| 286,118 | |
| Gross Profit | |
| 1,656,122 | | |
| 747,443 | | |
| 3,045,639 | | |
| 1,503,623 | |
| Selling Expenses (a) | |
| 861,387 | | |
| 534,013 | | |
| 1,685,724 | | |
| 1,034,131 | |
| Research & Development (a) | |
| 274,344 | | |
| 115,197 | | |
| 373,911 | | |
| 222,201 | |
| Compensation and Benefits (a) | |
| 1,798,108 | | |
| 1,161,026 | | |
| 3,210,773 | | |
| 2,235,013 | |
| Professional Services (a) (b) | |
| 462,286 | | |
| 283,730 | | |
| 898,589 | | |
| 701,308 | |
| Legal Settlement | |
| - | | |
| 11,471 | | |
| - | | |
| 630,568 | |
| Depreciation | |
| 8,370 | | |
| 10,264 | | |
| 16,404 | | |
| 13,998 | |
| Amortization | |
| 8,280 | | |
| 2,621 | | |
| 16,564 | | |
| 5,243 | |
| Other Operating Expenses (a) (c) | |
| 368,059 | | |
| 346,979 | | |
| 709,065 | | |
| 674,116 | |
| Segment Operating Loss | |
| (2,124,712 | ) | |
| (1,717,858 | ) | |
| (3,865,391 | ) | |
| (4,012,955 | ) |
| Interest Expense | |
| (19,794 | ) | |
| (13,434 | ) | |
| (45,983 | ) | |
| (15,672 | ) |
| Change in Fair Value of Warrant Liability | |
| 2,449 | | |
| (119 | ) | |
| (29,057 | ) | |
| 1,712 | |
| Other Income | |
| 56,311 | | |
| 40,993 | | |
| 93,253 | | |
| 57,813 | |
| Total Other Income, Net | |
| 38,966 | | |
| 27,440 | | |
| 18,213 | | |
| 43,853 | |
| Net Loss | |
$ | (2,085,746 | ) | |
$ | (1,690,418 | ) | |
$ | (3,847,178 | ) | |
$ | (3,969,102 | ) |
| |
(a) |
The
significant expense categories and amounts align with the segment-level information provided on a regular basis to the CODM. |
| |
(b) |
Professional services include legal, audit, market access
and investor relations expenses. |
| |
(c) |
Other
operating expenses include rent and utilities, insurance, travel, software subscription fees, board fees and bad debt expense. |
|