XML 87 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Consolidated Statements of Operations (Unaudited)    
Revenue, services $ 1,796,595 $ 723,551
Revenue, product sales 1,015,348 863,351
Total Revenue 2,811,943 1,586,902
Cost of revenue, services 1,016,860 366,706
Cost of revenue, product sales 87,963 215,860
Total cost of revenue 1,104,823 582,566
Gross profit 1,707,120 1,004,336
Operating expenses    
Selling, general and administrative 2,221,346 1,185,184
Professional fees 237,905 180,190
Acquisition costs 33,410 94,341
Total operating expenses 2,492,661 1,459,715
Loss from operations (785,541) (455,379)
Other income (expense)    
Equity method income (loss) 909 (5,154)
Dividend income 2,250 0
Interest income (expense), net (100,720) (17,720)
Other income 4,983 427
Change in fair value of contingent consideration 54,173 0
Total other income (expense) (38,405) (22,447)
Loss before income taxes (823,946) (477,826)
Income tax (provision) benefit 17,518 0
Net loss (806,428) (477,826)
Net loss attributable to noncontrolling interest 12,041 664
Net loss attributable to Onfolio Holdings Inc. (794,387) (477,162)
Preferred Dividends (103,921) (81,645)
Net loss to common shareholders $ (898,308) $ (558,807)
Net loss per common shareholder    
Basic and diluted $ (0.18) $ (0.11)
Weighted average shares outstanding    
Basic and diluted 5,127,395 5,107,395