XML 103 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2023
Dec. 31, 2024
Net Sales $ 2,716,000 $ 2,440,000 $ 4,709,000 $ 4,866,000    
Cost of Goods Sold 1,762,000 2,116,000 3,255,000 4,040,000    
Gross Profit 954,000 324,000 1,454,000 826,000    
Operating Expenses            
Selling expenses 234,000 547,000 998,000 1,177,000    
General and administrative expenses 1,502,000 2,053,000 4,048,000 4,212,000    
Operating lease impairment expense 3,878,000 3,878,000    
Impairment of goodwill          
Total Operating Expenses 1,736,000 6,478,000 5,046,000 9,267,000    
Loss from Operations (782,000) (6,154,000) (3,592,000) (8,441,000)    
Other (Expense) Income            
Change in fair value of warrant liability (6,468,000)    
Interest expense (27,000) (17,000) (43,000) (45,000)    
Total Other Expense (27,000) (17,000) (6,511,000) (45,000)    
Loss Before Income Tax Benefit (809,000) (6,171,000) (10,103,000) (8,486,000)    
Income Tax Provision 52,000    
Net Loss (809,000) (6,119,000) (10,103,000) (8,486,000)    
Net Loss Attributable to Non-controlling Interest 224,000 327,000    
Net Loss Available to Common Stockholders $ (585,000) $ (6,119,000) $ (9,776,000) $ (8,486,000)    
Loss per Common Share Basic $ (0.24) $ (190.68) $ (4.40) $ (264.44)    
Loss per Common Share Diluted $ (0.24) $ (190.68) $ (4.40) $ (264.44)    
Weighted Average Common and Common Equivalent Shares: Basic 2,472,464 32,090 2,224,047 32,090    
Weighted Average Common and Common Equivalent Shares: Diluted 2,472,464 32,090 2,224,047 32,090    
Previously Reported [Member]            
Net Sales         $ 29,198,000 $ 23,494,000
Cost of Goods Sold         23,008,000 18,713,000
Gross Profit         6,190,000 4,781,000
Operating Expenses            
Selling expenses         3,717,000 2,874,000
General and administrative expenses         8,616,000 12,240,000
Impairment of goodwill         3,592,000
Total Operating Expenses         12,333,000 18,706,000
Loss from Operations         (6,143,000) (13,925,000)
Other (Expense) Income            
Change in fair value of warrant liability         334,000
Loss on issuance of warrants         (8,889,000)
Interest expense         (299,000) (1,887,000)
Other income         44,000
Total Other Expense         (255,000) (10,442,000)
Loss Before Income Tax Benefit         (6,398,000) (24,367,000)
Income Tax Provision        
Net Loss         (6,398,000) (24,367,000)
Net Loss Attributable to Non-controlling Interest         1,110,000
Net Loss Available to Common Stockholders         $ (6,398,000) $ (23,257,000)
Loss per Common Share Basic         $ (263.04) $ (353.87)
Loss per Common Share Diluted         $ (263.04) $ (353.87)
Weighted Average Common and Common Equivalent Shares: Basic         24,323 65,722
Weighted Average Common and Common Equivalent Shares: Diluted         24,323 65,722