XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Total revenue $ 5,632,039 $ 5,616,235 $ 10,107,303 $ 11,145,586
Cost of revenue:        
Total cost of revenue 6,264,664 5,373,843 9,138,429 9,381,756
Gross profit (loss) (632,625) 242,392 968,874 1,763,830
Selling, general and administrative expenses:        
Research and development expense 183,811 545,776 268,228 1,033,242
Selling, advertising and promotional expense 283,137 728,906 391,178 1,487,762
General and administrative expense 2,995,500 2,881,931 5,379,221 6,796,019
Total selling, general and administrative expenses 3,462,448 4,156,613 6,038,627 9,317,023
Operating loss (4,095,073) (3,914,221) (5,069,753) (7,553,193)
Other income (expense):        
Interest income 45,946 29,933 77,921 49,289
Interest expense (77,280) (1,085,063) (869,553) (1,733,690)
Other income (expense) 18,767 30,445 35,467 58,046
Loss on extinguishment of debt – related party (1,249,372)
Loss on extinguishment of debt (68,827) (68,827)
Change in fair value of warrant derivative liabilities 857,189 (2,818) 3,373,080 (351,710)
Gain on extinguishment of liabilities 10,619 2,230,716 682,345
Gain on sale of intangibles 5,582
Gain (loss) on sale of property, plant and equipment (41,661)
Total other income (expense) (394,131) (1,096,330) 4,847,631 (1,400,626)
Loss before income tax benefit (4,489,204) (5,010,551) (222,122) (8,953,819)
Income tax benefit
Net loss (4,489,204) (5,010,551) (222,122) (8,953,819)
Net (income) attributable to noncontrolling interests of consolidated subsidiary (55,997) (73,310) (59,608) (61,063)
Net loss attributable to common stockholders $ (4,545,201) $ (5,083,861) $ (281,730) $ (9,014,882)
Net loss per share information:        
Basic $ (3.21) $ (3,479.71) $ (0.54) $ (6,234.36)
Diluted $ (3.21) $ (3,479.71) $ (0.54) $ (6,234.36)
Weighted average shares outstanding:        
Basic 1,025,849 1,461 523,012 1,446
Diluted 1,025,849 1,461 523,012 1,446
Product [Member]        
Revenue:        
Total revenue $ 2,178,960 $ 2,207,601 $ 2,937,780 $ 3,773,447
Cost of revenue:        
Total cost of revenue 3,901,864 3,419,254 4,577,503 4,986,647
Service, Other [Member]        
Revenue:        
Total revenue 3,453,079 3,408,634 7,169,523 7,372,139
Cost of revenue:        
Total cost of revenue $ 2,362,800 $ 1,954,589 $ 4,560,926 $ 4,395,109