| SCHEDULE OF DISAGGREGATION OF REVENUE |
The
following table summarizes manufacturing fees by sales channel and revenues from licensing fees for the three months ended June 30, 2026
and 2025:
SCHEDULE OF DISAGGREGATION OF REVENUE
| | |
2026 | | |
2025 | |
| | |
For the Three Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Direct sales to Wholesalers | |
$ | 16,403,265 | | |
$ | 19,032,232 | |
| Indirect sales to Wholesalers | |
| 15,731,055 | | |
| 20,745,531 | |
| Total ANDA revenue | |
| 32,134,320 | | |
| 39,777,763 | |
| Licensing Fees | |
| 220,963 | | |
| 433,334 | |
| Total revenue | |
$ | 32,355,283 | | |
$ | 40,211,097 | |
| | |
2026 | | |
2025 | |
| | |
For the Three Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Scheduled Products - Manufacturing Fees | |
$ | 27,809,738 | | |
$ | 38,913,885 | |
| Scheduled Products - Licensing Fees | |
| 220,963 | | |
| - | |
| Unscheduled Products - Manufacturing Fees | |
| 4,324,582 | | |
| 863,878 | |
| Unscheduled Products - Licensing Fees | |
| - | | |
| 433,334 | |
| Total Revenue | |
$ | 32,355,283 | | |
$ | 40,211,097 | |
|
| SCHEDULE OF EARNINGS (LOSS) PER SHARE APPLICABLE TO COMMON SHAREHOLDERS |
The
following is the computation of net income (loss) per share applicable to common shareholders for the periods indicated:
SCHEDULE OF EARNINGS (LOSS) PER SHARE APPLICABLE TO COMMON SHAREHOLDERS
| | |
2026 | | |
2025 | |
| | |
For the Three Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Numerator | |
| | | |
| | |
| Net income (loss) - basic | |
$ | 5,910,565 | | |
$ | (5,884,715 | ) |
| Effect of dilutive instrument on net income | |
| (94,247 | ) | |
| — | |
| Net income (loss) - diluted | |
$ | 5,816,318 | | |
$ | (5,884,715 | ) |
| | |
| | | |
| | |
| Denominator | |
| | | |
| | |
| Weighted average shares of Common Stock outstanding - basic | |
| 1,077,236,002 | | |
| 1,068,363,108 | |
| Dilutive effect of stock options and convertible securities | |
| 51,425,495 | | |
| — | |
| Weighted average shares of Common Stock outstanding - diluted | |
| 1,128,661,497 | | |
| 1,068,363,108 | |
| | |
| | | |
| | |
| Net income (loss) per share | |
| | | |
| | |
| Basic | |
$ | 0.01 | | |
$ | (0.01 | ) |
| Diluted | |
$ | 0.01 | | |
$ | (0.01 | ) |
|