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Segment Information
9 Months Ended
Sep. 30, 2025
Segment Information [Abstract]  
Segment Information

Note 15 – Segment Information

 

The Company conducts its business activities and reports financial results as one business segment. The presentation of financial results as one reportable segment is consistent with the way the Company operates its business and is consistent with the manner in which the Chief Operating Decision Maker (“CODM”) evaluates performance and makes resource and operating decisions for the business. The Company’s CODM is the Chief Executive Officer. Furthermore, the Company notes that monitoring financial results as one reportable segment helps the CODM manage costs on a consolidated basis, consistent with the integrated nature of the operations. The CODM uses net loss, as reported on the Consolidated Statements of Operations and Comprehensive Loss, in evaluating performance of the Company and determining how to allocate resources of the Company as a whole. As the CODM evaluates performance on a consolidated basis, all required financial segment information is included in the consolidated financial statements.

 

Geographic Information

 

The distribution of revenue by geographical area was as follows:

 

   Three Months Ended
September 30,
 
   2025   2024 
United States  $
   $
 
United Kingdom   7,382    1,789 
Switzerland   296,269    405,070 
Total  $303,651   $406,859 

 

   Nine Months Ended
September 30,
 
   2025   2024 
United States  $
   $66,730 
United Kingdom   16,396    12,711 
Switzerland   495,379    1,732,699 
Total  $511,775   $1,812,140