| Summary of Operating Financial Results of Our Freeze-dried Candy Segment |
The following table provides the operating financial
results of our freeze-dried candy segment for the three months ended June 30, 2026 and 2025:
| | |
Three Months Ended | | |
Six Months Ended | |
| | |
June 30, | | |
June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Revenues | |
$ | - | | |
$ | 1,856,312 | | |
$ | - | | |
$ | 4,333,234 | |
| Less: Significant other segment expenses | |
| | | |
| | | |
| | | |
| | |
| Cost of goods sold | |
| - | | |
| 1,986,021 | | |
| - | | |
| 3,360,220 | |
| Salaries and benefits | |
| 1,840,114 | | |
| 1,931,713 | | |
| 2,135,706 | | |
| 3,874,269 | |
| Professional services | |
| 1,666,285 | | |
| 258,230 | | |
| 2,791,425 | | |
| 450,553 | |
| Other general and administrative expenses | |
| 268,798 | | |
| 1,745,670 | | |
| 532,008 | | |
| 3,120,118 | |
| Depreciation and amortization | |
| 19,167 | | |
| 8,583 | | |
| 21,667 | | |
| 17,167 | |
| Interest expense, net | |
| 105,220 | | |
| 112,607 | | |
| 348,814 | | |
| 268,473 | |
| Segment net (loss) | |
$ | (3,855,712 | ) | |
$ | (4,186,512 | ) | |
$ | (5,785,748 | ) | |
$ | (6,757,566 | ) |
|