| Schedule of Operating Segment |
The
following table presents selected financial information with respect to the Company’s single operating segment for the years ended
December 31, 2025 and 2024:
Schedule
of Operating Segment
| |
|
2025 |
|
|
2024 |
|
|
Change |
|
|
% |
|
| |
|
Years Ended |
|
|
|
|
|
|
|
| |
|
December 31, |
|
|
|
|
|
|
|
| |
|
2025 |
|
|
2024 |
|
|
Change |
|
|
% |
|
| Revenue |
|
$ |
3,383,878 |
|
|
$ |
4,672,646 |
|
|
$ |
(1,288,768 |
) |
|
|
(28 |
)% |
| Cost of revenue |
|
|
9,076,445 |
|
|
|
6,141,657 |
|
|
|
2,934,788 |
|
|
|
48 |
% |
| Gross Profit (Loss) |
|
|
(5,692,567 |
) |
|
|
(1,469,011 |
) |
|
|
(4,223,556 |
) |
|
|
288 |
% |
| Gross Profit Percentage |
|
|
(168 |
)% |
|
|
(31 |
)% |
|
|
(137 |
)% |
|
|
435 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating expense |
|
|
22,315,569 |
|
|
|
14,249,870 |
|
|
|
8,065,699 |
|
|
|
57 |
% |
| Other expense |
|
|
(1,466,168 |
) |
|
|
(1,805,175 |
) |
|
|
339,007 |
|
|
|
(19 |
)% |
| Net loss |
|
$ |
(29,474,304 |
) |
|
$ |
(17,524,056 |
) |
|
$ |
(11,950,248 |
) |
|
|
68 |
% |
| |
|
2025 |
|
|
2024 |
|
|
Change |
|
|
% |
|
| |
|
Years Ended |
|
|
|
|
|
|
|
| |
|
December 31, |
|
|
|
|
|
|
|
| |
|
2025 |
|
|
2024 |
|
|
Change |
|
|
% |
|
| Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Payroll expenses |
|
$ |
9,967,506 |
|
|
$ |
6,978,930 |
|
|
$ |
2,988,576 |
|
|
|
43 |
% |
| Sales and marketing expenses |
|
|
160,426 |
|
|
|
193,942 |
|
|
|
(33,516 |
) |
|
|
(17 |
)% |
| Lease expense |
|
|
423,409 |
|
|
|
386,520 |
|
|
|
36,889 |
|
|
|
10 |
% |
| Professional fees |
|
|
737,401 |
|
|
|
1,105,930 |
|
|
|
(368,529 |
) |
|
|
(33 |
)% |
| General and administrative expense |
|
|
6,516,147 |
|
|
|
5,584,548 |
|
|
|
931,599 |
|
|
|
17 |
% |
| Impairment loss on property and equipment |
|
|
4,510,680 |
|
|
|
- |
|
|
|
4,510,680 |
|
|
|
- |
|
| Total |
|
$ |
22,315,569 |
|
|
$ |
14,249,870 |
|
|
$ |
8,065,699 |
|
|
|
57 |
% |
| Operating expenses |
|
$ |
22,315,569 |
|
|
$ |
14,249,870 |
|
|
$ |
8,065,699 |
|
|
|
57 |
% |
|