| Schedule of Revenue and Expense Categories of the Company’s Single Operating Segment |
The following table presents the significant revenue and expense categories of the Company’s single operating segment: | | | For The Years Ended | | | | | June 30, | | | June 30, | | | | | 2026 | | | 2025 | | | | | | | | | | | Revenues, net | | $ | 52,584,432 | | | $ | 65,919,166 | | | Less cost of goods sold | | | 50,893,464 | | | | 61,144,561 | | | Less significant segment expenses: | | | | | | | | | | Commission expenses | | | 347,768 | | | | 598,971 | | | Marketing consulting expenses | | | 719,031 | | | | 1,458,879 | | | Products testing and certification expenses | | | 460,774 | | | | 555,401 | | | Warranty expenses | | | 159,463 | | | | 315,873 | | | Marketing and advertising expenses | | | 995,486 | | | | 368,189 | | | Other selling and marketing expenses | | | 313,193 | | | | 107,569 | | | Payroll and payroll tax expenses | | | 3,786,578 | | | | 4,310,049 | | | Professional expenses | | | 2,395,481 | | | | 1,953,380 | | | Insurance expenses | | | 668,686 | | | | 622,179 | | | Credit losses | | | 1,811,876 | | | | 913,190 | | | Office expenses | | | 314,322 | | | | 329,571 | | | Rent expenses | | | 3,822,318 | | | | 260,527 | | | Travel expenses | | | 114,838 | | | | 239,999 | | | Impairments of right-of-use assets | | | 25,855,427 | | | | - | | | Other general and administrative | | | 185,642 | | | | 178,202 | | | Other research and development expenses | | | 2,375,385 | | | | 1,308,130 | | | Research and development expenses-related party | | | - | | | | 136,752 | | | Stock-based compensation expenses | | | 1,261,554 | | | | 815,678 | | | Other segment items: | | | | | | | | | | Interest expense | | | 8,758,798 | | | | 4,959,055 | | | Other expense (income), net | | | 23,984 | | | | (25,589 | ) | | Change in fair value of earnout liabilities | | | - | | | | (5,688,007 | ) | | Provision for income taxes | | | 10,302 | | | | 76,743 | | | Segment net loss | | $ | (52,689,938 | ) | | $ | (9,020,136 | ) |
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