v3.26.1
REPORTABLE SEGMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SCHEDULE OF REPORTABLE SEGMENTS INFORMATION

The following table presents the reportable segments information for the six months ended June 30, 2026:

  

   DTC   OEM   Other   Total 
                 
Net Sales  $8,179   $14,184   $500(1)  $22,863 
                     
Reconciliation of Net Sales                    
Reconciling items                  - 
Consolidated Net Sales                 $22,863 
                     
Direct material   5,235    8,401    -    13,636 
Direct labor   707    809    -    1,516 
Direct overhead and depreciation   773    885    -    1,658 
                     
Total Cost of Goods Sold   6,715    10,095    -    16,810 
                     
Gross profit   1,464    4,089    500    6,053 
                     
Operating Expenses                    
Research & development   -    -    1,628(2)   1,628 
Sales tax adjustment   3    -    -    3 
Credit card & amazon transaction fees   166    -    -    166 
Other general & administrative   -    -    8,930(3)   8,930 
Shipping   698    332    -    1,030 
Sales and marketing stock compensation   15    111    -    126 
Sales and marketing wages   347    555    -    902 
Marketing spend   1,086    120    -    1,206 
Rent   29    9    -    38 
Unallocated sales and marketing stock compensation   -    -    50(4)   50 
Unallocated sales and marketing wages   -    -    381(4)   381 
Other sales & marketing   -    -    219(4)   219 
                     
Total Operating Expenses   2,344    1,127    11,208    14,679 
                     
Loss from operations   (880)   2,962    (10,708)   (8,626)
                     
Interest expense, net   -    -    (3,001)   (3,001)
Other income   -    -    123    123 
Change in fair market value (“FMV”) of warrant liability   -    -    493    493 
                     
Total Other Income (Expense)   -    -    (2,385)(5)   (2,385)
                     
Net Loss Before Taxes   (880)   2,962    (13,093)   (11,011)
                     
Income Tax Benefit   -    -    -    - 
                     
Net Income (Loss)  $(880)  $2,962   $(13,093)  $(11,011)
                     
Reconciliation of net loss                    
Reconciling items                  - 
Consolidated net loss                 $(11,011)

 

(1)Licensing Revenue which is not considered a segment as it is currently immaterial
(2)Research and Development expenses including employee costs related to new products
(3)Administrative and Engineering employee costs along with legal, insurance, professional fees related to administration and other general office expenses
(4)General sales and marketing employee cost and other marketing expenses
(5)Interest expense related to debt and change in fair market value of warrant liability
The following table presents the reportable segments information for the six months ended June 30, 2025:

 

   DTC   OEM   Other   Total 
                 
Net Sales  $10,963   $18,141   $500(1)  $29,604 
                     
Reconciliation of Net Sales                    
Reconciling items                  - 
Consolidated Net Sales                 $29,604 
                     
Direct material   6,488    10,752    -    17,240 
Direct labor   691    988    -    1,679 
Direct overhead and depreciation   886    1,266    -    2,152 
                     
Total Cost of Goods Sold   8,065    13,006    -    21,071 
                     
Gross profit   2,898    5,135    500    8,533 
                     
Operating Expenses                    
Research & development   -    -    1,692(2)   1,692 
Sales tax adjustment   2    -    -    2 
Credit card & amazon transaction fees   258    -    -    258 
Other general & administrative   -    -    10,716(3)   10,716 
Shipping   810    579    -    1,389 
Sales and marketing stock compensation   18    75    -    93 
Sales and marketing wages   375    665    -    1,040 
Marketing spend   1,323    120    -    1,443 
Rent   27    9    -    36 
Unallocated sales and marketing stock compensation   -    -    31(4)   31 
Unallocated sales and marketing wages   -    -    624(4)   624 
Other sales & marketing   -    -    404(4)   404 
                     
Total Operating Expenses   2,813    1,448    13,467    17,728 
                     
Loss from operations   85    3,687    (12,967)   (9,195)
                     
Interest expense, net   -    -    (10,143)   (10,143)
Change in FMV of warrant liability   -    -    5,507    5,507 
                     
Total Other Income (Expense)   -    -    (4,636)(5)   (4,636)
                     
Net Loss Before Taxes   85    3,687    (17,603)   (13,831)
                     
Income Tax Benefit   -    -    -    - 
                     
Net Income (Loss)  $85   $3,687   $(17,603)  $(13,831)
                     
Reconciliation of net loss                    
Reconciling items                  - 
Consolidated net loss                 $(13,831)

 

(1)Licensing Revenue which is not considered a segment as it is currently immaterial
(2)Research and Development expenses including employee costs related to new products
(3)Administrative and Engineering employee costs along with legal, insurance, professional fees related to administration and other general office expenses
(4)General sales and marketing employee cost and other marketing expenses
(5)Interest expense related to debt and change in fair market value of warrant liability
 The following table presents the reportable segments information for the three months ended June 30, 2026:

 

   DTC   OEM   Other   Total 
                 
Net Sales  $4,477   $8,432   $250(1)  $13,159 
                     
Reconciliation of Net Sales                    
Reconciling items                  - 
Consolidated Net Sales                 $13,159 
                     
Direct material   2,733    4,856    -    7,589 
Direct labor   322    367    -    689 
Direct overhead and depreciation   252    286    -    538 
                     
Total Cost of Goods Sold   3,307    5,509    -    8,816 
                     
Gross profit   1,170    2,923    250    4,343 
                     
Operating Expenses                    
Research & development   -    -    648(2)   648 
Sales tax adjustment   3    -    -    3 
Credit card & amazon transaction fees   84    -    -    84 
Other general & administrative   -    -    4,530(3)   4,530 
Shipping   470    196    -    666 
Sales and marketing stock compensation   13    98    -    111 
Sales and marketing wages   147    262    -    409 
Marketing spend   439    51    -    490 
Rent   14    4    -    18 
Unallocated sales and marketing stock compensation   -    -    45(4)   45 
Unallocated sales and marketing wages   -    -    137(4)   137 
Other sales & marketing   -    -    101(4)   101 
                     
Total Operating Expenses   1,170    611    5,461    7,242 
                     
Loss from operations   -    2,312    (5,211)   (2,899)
                     
Interest expense, net   -    -    (1,536)   (1,536)
Other income   -    -    62    62 
Change in FMV of warrant liability   -    -    (13)   (13)
                     
Total Other Income (Expense)   -    -    (1,487)(5)   (1,487)
                     
Net Loss Before Taxes   -    2,312    (6,698)   (4,386)
                     
Income Tax Benefit   -    -    -    - 
                     
Net Income (Loss)  $-   $2,312   $(6,698)  $(4,386)
                     
Reconciliation of net loss                    
Reconciling items                  - 
Consolidated net loss                 $(4,386)

 

(1)Licensing Revenue which is not considered a segment as it is currently immaterial
(2)Research and Development expenses including employee costs related to new products
(3)Administrative and Engineering employee costs along with legal, insurance, professional fees related to administration and other general office expenses
(4)General sales and marketing employee cost and other marketing expenses
(5)Interest expense related to debt and change in fair market value of warrant liability
 The following table presents the reportable segments information for the three months ended June 30, 2025:

 

   DTC   OEM   Other   Total 
                 
Net Sales  $5,947   $10,051   $250(1)  $16,248 
                     
Reconciliation of Net Sales                    
Reconciling items                  - 
Consolidated Net Sales                 $16,248 
                     
Direct material   3,599    6,093    -    9,692 
Direct labor   370    504    -    874 
Direct overhead and depreciation   457    620    -    1,077 
                     
Total Cost of Goods Sold   4,426    7,217    -    11,643 
                     
Gross profit   1,521    2,834    250    4,605 
                     
Operating Expenses                    
Research & development   -    -    692(2)   692 
Sales tax adjustment   -    -    -    - 
Credit card & amazon transaction fees   144    -    -    144 
Other general & administrative   -    -    4,475(3)   4,475 
Shipping   472    292    -    764 
Sales and marketing stock compensation   8    37    -    45 
Sales and marketing wages   178    354    -    532 
Marketing spend   648    49    -    697 
Rent   13    5    -    18 
Unallocated sales and marketing stock compensation   -    -    332(4)   332 
Unallocated sales and marketing wages   -    -    17(4)   17 
Other sales & marketing   -    -    170(4)   170 
                     
Total Operating Expenses   1,463    737    5,686    7,886 
                     
Loss from Operations   58    2,097    (5,436)   (3,281)
                     
Interest expense, net   -    -    (5,442)(5)   (5,442)
Change in FMV of warrant liability   -    -    1,689(5)   1,689 
                     
Total Other Income (Expense)   -    -    (3,753)   (3,753)
                     
Net Loss before taxes   58    2,097    (9,189)   (7,034)
                     
Income Tax Benefit   -    -    -    - 
                     
Net Income (Loss)  $58   $2,097   $(9,189)  $(7,034)
                     
Reconciliation of net loss                    
Reconciling items                  - 
Consolidated net loss                 $(7,034)

 

(1)Licensing Revenue which is not considered a segment as it is currently immaterial
(2)Research and Development expenses including employee costs related to new products
(3)Administrative and Engineering employee costs along with legal, insurance, professional fees related to administration and other general office expenses
(4)General sales and marketing employee cost and other marketing expenses
(5)Interest expense related to debt and change in fair market value of warrant liability