v3.25.1
Consolidated Statement of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
NET SALES    
Total Net Sales $ 8,402,488 $ 7,971,224
COST OF SALES    
Total Cost of Sales 6,276,641 5,820,183
Gross Profit 2,125,847 2,151,041
OPERATING EXPENSES    
Sales and Marketing 6,038,636 5,938,315
General and Administrative 11,006,021 7,477,285
Total Operating Expenses 17,044,657 13,415,600
Operating Loss (14,918,810) (11,264,559)
OTHER INCOME / (EXPENSE)    
Interest Expense (2,535,701) (2,526,740)
Gain on Investment 3,421,222 0
Change in Fair Value of Convertible Notes 14,028,067 (22,764,854)
Change in Fair Value of Warrant Liabilities 736,580 (240,159)
Other Income / (Expense) (11,750) 4,893
Total Other Income / (Expense) 15,638,418 (25,526,860)
Income / (Loss) Before Income Taxes 719,608 (36,791,419)
Income Taxes (9,150) (7,000)
Net Income / (Loss) $ 710,458 $ (36,798,419)
Net Income / (Loss) Per Share, Basic (in dollars per share) $ 0.05 $ (96.45)
Weighted Average Common Shares Outstanding, Basic (in shares) 1,281,339 381,543
Net Income / (Loss) Per Share, Diluted (in dollars per share) $ (1.97) $ (96.45)
Weighted Average Common Shares Outstanding, Diluted (in shares) 7,077,759 381,543
Products    
NET SALES    
Total Net Sales $ 6,614,933 $ 5,136,482
COST OF SALES    
Total Cost of Sales 6,173,189 4,963,176
Services    
NET SALES    
Total Net Sales 1,787,555 2,834,742
COST OF SALES    
Total Cost of Sales $ 103,452 $ 857,007

Source