| Segment and geographic information |
| | For the Three Months Ended June 30, 2026 | | | For the Three Months Ended June 30, 2025 | | | For the Six Months Ended June 30, 2026 | | | For the Six Months Ended June 30, 2025 | | | | | | | | | | | | | | | Material sales | | | 3,466,203 | | | | 3,244,446 | | | | 7,654,123 | | | | 5,921,430 | | License fees | | | - | | | | - | | | | - | | | | 525,000 | | Other revenues | | | 324,449 | | | | 9,465 | | | | 376,463 | | | | 28,492 | | Total revenues | | $ | 3,790,652 | | | $ | 3,253,911 | | | $ | 8,030,586 | | | $ | 6,474,922 | | | | | | | | | | | | | | | | | | | Material costs | | | (1,916,042 | ) | | | (1,728,988 | ) | | | (4,097,164 | ) | | | (3,178,145 | ) | Blending and milling | | | (81,834 | ) | | | (92,747 | ) | | | (208,027 | ) | | | (158,125 | ) | Shipping | | | (286,438 | ) | | | (275,633 | ) | | | (538,014 | ) | | | (481,321 | ) | Other cost of goods sold | | | (360,882 | ) | | | (90,041 | ) | | | (536,720 | ) | | | (254,651 | ) | Compensation and benefits | | | (1,227,099 | ) | | | (1,378,101 | ) | | | (2,455,370 | ) | | | (2,445,257 | ) | Stock-based compensation | | | - | | | | (19,428 | ) | | | (427 | ) | | | (79,955 | ) | Amortization and depreciation | | | (31,090 | ) | | | (103,664 | ) | | | (137,327 | ) | | | (176,129 | ) | Consulting fees | | | (17,869 | ) | | | (306,516 | ) | | | (535,964 | ) | | | (566,974 | ) | Professional fees | | | (570,114 | ) | | | (126,737 | ) | | | (1,038,536 | ) | | | (1,022,452 | ) | General and administrative | | | (179,124 | ) | | | (205,530 | ) | | | (467,490 | ) | | | (528,340 | ) | Change in fair value of profit share | | | (257,323 | ) | | | (375,697 | ) | | | (503,004 | ) | | | (729,048 | ) | Interest expense | | | - | | | | - | | | | - | | | | (54 | ) | License fees | | | (1,250,000 | ) | | | - | | | | (1,250,000 | ) | | | - | | Bad debt expense | | | - | | | | - | | | | - | | | | - | | Taxes | | | (83,178 | ) | | | (21,645 | ) | | | (83,535 | ) | | | (35,780 | ) | Research and development | | | (663,043 | ) | | | (90,637 | ) | | | (707,775 | ) | | | (90,637 | ) | Interest income | | | 115,928 | | | | 19,537 | | | | 165,768 | | | | 50,810 | | Segment net loss | | | (3,017,456 | ) | | | (1,541,916 | ) | | | (4,362,999 | ) | | | (3,221,136 | ) | Reconciliation of profit or loss | | | | | | | | | | | | | | | | | Adjustments and reconciling items | | | - | | | | - | | | | - | | | | - | | | | | | | | | | | | | | | | | | | Consolidated net loss | | $ | (3,017,456 | ) | | $ | (1,541,916 | ) | | $ | (4,362,999 | ) | | $ | (3,221,136 | ) |
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