| Schedule of Operating Segment |
The
following table presents selected financial information with respect to the Company’s single operating segment for the three months
ended March 31, 2025 and 2024:
Schedule
of Operating Segment
| |
|
2025 |
|
|
2024 |
|
|
Change |
|
|
% |
|
| |
|
Three Months Ended |
|
|
|
|
|
|
|
| |
|
March 31, |
|
|
|
|
|
|
|
| |
|
2025 |
|
|
2024 |
|
|
Change |
|
|
% |
|
| Revenue |
|
$ |
238,494 |
|
|
$ |
1,050,155 |
|
|
$ |
(811,661 |
) |
|
|
(77 |
)% |
| Cost of revenue |
|
|
1,866,972 |
|
|
|
966,091 |
|
|
|
900,881 |
|
|
|
93 |
% |
| Gross Profit (Loss) |
|
|
(1,628,478 |
) |
|
|
84,064 |
|
|
|
(1,712,542 |
) |
|
|
(2037 |
)% |
| Gross Profit Percentage |
|
|
(683 |
)% |
|
|
8 |
% |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating expense |
|
|
4,444,442 |
|
|
|
3,645,583 |
|
|
|
798,859 |
|
|
|
22 |
% |
| Other expense |
|
|
(341,707 |
) |
|
|
(248,981 |
) |
|
|
(92,726 |
) |
|
|
37 |
% |
| Net loss |
|
$ |
(6,414,627 |
) |
|
$ |
(3,810,500 |
) |
|
$ |
(2,604,127 |
) |
|
|
68 |
% |
| |
|
2025 |
|
|
2024 |
|
|
Change |
|
|
% |
|
| |
|
Three Months Ended |
|
|
|
|
|
|
|
| |
|
March 31, |
|
|
|
|
|
|
|
| |
|
2025 |
|
|
2024 |
|
|
Change |
|
|
% |
|
| Selling, General & Administrative expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Payroll expenses |
|
$ |
2,508,800 |
|
|
$ |
1,505,298 |
|
|
$ |
1,003,502 |
|
|
|
67 |
% |
| Sales and marketing expenses |
|
|
54,088 |
|
|
|
35,418 |
|
|
|
18,670 |
|
|
|
53 |
% |
| Lease expense |
|
|
101,442 |
|
|
|
92,204 |
|
|
|
9,238 |
|
|
|
10 |
% |
| Professional fees |
|
|
208,475 |
|
|
|
448,077 |
|
|
|
(239,602 |
) |
|
|
(53 |
)% |
| General and administrative expense |
|
|
1,571,637 |
|
|
|
1,564,586 |
|
|
|
7,051 |
|
|
|
0 |
% |
| Total |
|
$ |
4,444,442 |
|
|
$ |
3,645,583 |
|
|
$ |
798,859 |
|
|
|
22 |
% |
|