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SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

SCHEDULE OF OPERATIONS, ASSETS AND CAPITAL EXPENDITURES FOR OUR BUSINESS SEGMENTS

The following table reflects results of operations including significant segment expenses that are regularly provided to the CODM for the Company’s reportable segment and Adjusted EBITDA for the periods indicated below:

 SCHEDULE OF OPERATIONS, ASSETS AND CAPITAL EXPENDITURES FOR OUR BUSINESS SEGMENTS

		2025				2024				2025				2024
		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Net revenue		$	26,333,819			$	21,671,599			$	75,572,167			$	60,367,060
Cost of goods sold			1,874,214				1,991,987				5,646,463				5,890,719
Selling, general and administrative			19,877,875				17,420,347				58,641,402				51,453,311
Research and development			1,029,591				783,840				3,036,746				1,945,263
Depreciation and amortization			610,899				696,888				1,993,477				2,093,797
Change in fair value of earnout liabilities			-				-				-				(14,451	)
Other expense (1)			2,106,747				959,025				5,539,893				1,870,707
Net income (loss) from continuing operations		$	834,493			$	(180,488	)		$	714,186			$	(2,872,286	)
Adjusted EBITDA		$	4,908,257			$	2,563,521			$	12,323,142			$	5,095,670

(1) For the three and nine months ended September 30, 2025 and 2024, other expense included interest expense and share of losses from equity method investments, offset by interest income and gain on disposal of property and equipment.

SCHEDULE OF RECONCILIATION OF NET INCOME (LOSS) FROM CONTINUING OPERATIONS TO ADJUSTED EBITDA

The following table provides a reconciliation of net income (loss) from continuing operations to Adjusted EBITDA for the periods indicated below:

 SCHEDULE OF RECONCILIATION OF NET INCOME (LOSS) FROM CONTINUING OPERATIONS TO ADJUSTED EBITDA

		2025				2024				2025				2024
		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Net income (loss) from continuing operations		$	834,493			$	(180,488	)		$	714,186			$	(2,872,286	)
Adjustments:
Interest expense			1,818,105				927,577				4,926,765				1,839,259
Depreciation and amortization			610,899				696,888				1,993,477				2,093,797
Noncash share-based compensation			1,164,070				1,003,599				3,618,437				2,803,536
Change in fair value of earnout liabilities			-				-				-				(14,451	)
Share of losses from equity method investments			288,642				31,448				627,732				31,448
Gain on disposal of property and equipment			-				-				(10,932	)			-
Interest income			-				-				(3,672	)			-
Executive separation costs (1)			172,048				59,685				432,323				964,466
Acquisition costs (2)			20,000				24,812				24,826				249,901
Adjusted EBITDA		$	4,908,257			$	2,563,521			$	12,323,142			$	5,095,670

(1) Includes $41,948 and zero of share-based compensation related to executive separation costs for the three months ended September 30, 2025 and 2024, respectively, and $172,122 and $328,795 of share-based compensation related to executive separation costs for the nine months ended September 30, 2025 and 2024, respectively.

(2) Acquisition costs include legal, tax, accounting and other contract services related to prospective acquisitions.

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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-Name Accounting Standards Codification
-Topic 280
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-Publisher FASB
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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

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