Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
REVENUES:    
 Total Revenues $ 7,280,885 $ 7,471,198
 COST OF REVENUES:    
 Total Cost of Revenues 6,811,670 6,162,317
 GROSS MARGIN 469,215 1,308,881
 OPERATING EXPENSES:    
 Sales and marketing 2,138,431 1,493,309
 Research and development 1,531,390 1,812,951
 General and administration 7,782,920 9,449,187
 Total Operating Expenses 11,452,741 12,755,447
 LOSS FROM OPERATIONS (10,983,526) (11,446,566)
 OTHER INCOME (EXPENSES):    
    Interest expense (286,114) (7,159)
    Change in fair value of warrant liabilities 245,980
    Gain on extinguishment of warrant liabilities 379,626
    Other income, net (120,423) 212,007
 Total Other Income (Expenses), net 219,069 204,848
 NET LOSS $ (10,764,457) $ (11,241,718)
Basic Net Loss Per Share $ (1.39) $ (1.56)
Diluted Net Loss Per Share $ (1.39) $ (1.56)
Weighted Average Shares-Basic 7,736,281 7,204,177
Weighted Average Shares-Diluted 7,736,281 7,204,177
Technology Service [Member]    
REVENUES:    
 Total Revenues $ 2,252,357 $ 3,618,022
 COST OF REVENUES:    
 Total Cost of Revenues 2,818,078 4,352,247
Service, Other [Member]    
REVENUES:    
 Total Revenues 5,028,528 3,853,176
 COST OF REVENUES:    
 Total Cost of Revenues $ 3,993,592 $ 1,810,070