| Schedule of Segment Reporting Information |
The
following table presents the significant segment expenses and other segment items regularly reviewed by our CODM:
Schedule
of Segment Reporting Information
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three Months Ended September 30, | | |
Nine Months Ended September 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
| | |
| | |
| | |
| |
| Net Sales | |
$ | 22,323,212 | | |
$ | 18,783,908 | | |
$ | 65,427,640 | | |
$ | 61,961,652 | |
| Cost of sales | |
| 17,951,295 | | |
| 15,036,367 | | |
| 52,406,840 | | |
| 50,776,850 | |
| Gross profit | |
| 4,371,917 | | |
| 3,747,541 | | |
| 13,020,800 | | |
| 11,184,802 | |
| | |
| | | |
| | | |
| | | |
| | |
| Operating expenses | |
| | | |
| | | |
| | | |
| | |
| Employee compensation and benefits | |
| 1,557,870 | | |
| 1,624,149 | | |
| 5,199,679 | | |
| 4,813,631 | |
| Stock-based compensation expense | |
| 849,030 | | |
| 1,473,065 | | |
| 2,745,256 | | |
| 4,879,170 | |
| Merchant and bank fees | |
| 1,188,715 | | |
| 1,009,251 | | |
| 3,680,255 | | |
| 3,120,256 | |
| Facility costs | |
| 128,307 | | |
| 144,827 | | |
| 387,871 | | |
| 454,706 | |
| Consulting and outside provider costs | |
| 766,107 | | |
| 298,683 | | |
| 1,998,914 | | |
| 1,493,001 | |
| Sales and marketing costs | |
| 616,141 | | |
| 556,914 | | |
| 1,727,712 | | |
| 1,560,971 | |
| Amortization of capitalized software costs | |
| 78,170 | | |
| 160,745 | | |
| 367,907 | | |
| 483,832 | |
| Amortization of intangible assets | |
| 563,847 | | |
| 585,349 | | |
| 1,692,037 | | |
| 1,686,328 | |
| Other operating expenses | |
| 217,161 | | |
| 382,226 | | |
| 735,553 | | |
| 925,764 | |
| Total operating expenses | |
| 5,965,348 | | |
| 6,235,209 | | |
| 18,535,184 | | |
| 19,417,659 | |
| Loss from operations | |
$ | (1,593,431 | ) | |
$ | (2,487,668 | ) | |
$ | (5,514,384 | ) | |
$ | (8,232,857 | ) |
|