| Schedule of Information About the Assets and Liabilities |
Set out below is information about the assets
and liabilities as at June 30, 2026 and December 31, 2025 and profit or loss from each segment for the six months ended June 30, 2026
and 2025.
| | |
June 30, 2026 | | |
December 31, 2025 | |
| Financial statement line item: | |
| | |
| |
| Reportable segment assets | |
$ | 7,393,201 | | |
$ | 9,531,410 | |
| Reportable segment liabilities | |
| 5,656,821 | | |
| 6,443,179 | |
| | |
Six Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Financial statement line item: | |
| | |
| |
| Revenues from external customers | |
$ | 307,949 | | |
$ | 1,770,645 | |
| Less: | |
| | | |
| | |
| Cost of revenue, excluding amortization | |
| 167,700 | | |
| 1,005,679 | |
| Technology expenses, excluding amortization | |
| 222,004 | | |
| 346,242 | |
| Sales and marketing expenses | |
| 2,086,762 | | |
| 605,522 | |
| Supply development expenses | |
| 71,528 | | |
| 192,771 | |
| Fulfillment expenses | |
| 222,646 | | |
| 541,991 | |
| Other segment items (a) | |
| 837,238 | | |
| 910,958 | |
| Depreciation and amortization expense | |
| 337,411 | | |
| 865,441 | |
| Interest expense | |
| — | | |
| 1,946 | |
| Interest income | |
| (561 | ) | |
| (3,186 | ) |
| Interest and penalties on sales tax liability | |
| 1,253 | | |
| 8,920 | |
| Income tax expense | |
| — | | |
| — | |
| Reportable segment loss | |
$ | (3,638,032 | ) | |
$ | (2,705,639 | ) |
| (a) | Other segment items included in reportable segment net loss consists mainly of general and administrative expenses for corporate functions, such as insurance expenses, associated software licenses, other payroll and related expenses for human resources, legal, finance and executive teams, other consulting and professional fees for corporate services rendered, other marketing expenses, franchise tax, other gains and losses, and other overhead expense. |
|
| Schedule of Percentage of Total Revenue By Geographic Area |
The following table represents the percentage
of total revenue by geographic area, based on the location of the customer for the six months ended June 30, 2026 and 2025, respectively.
| | |
2026 | | |
2025 | |
| Americas | |
| 72.80 | % | |
| 94.93 | % |
| Europe, Middle East and Africa | |
| 9.07 | % | |
| 2.47 | % |
| Asia Pacific | |
| 18.13 | % | |
| 2.60 | % |
|