Quarterly report [Sections 13 or 15(d)]

SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.25.1
SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2025
SIGNIFICANT ACCOUNTING POLICIES  
Schedule of net sales

 

 

Three Months Ended

March 31,

 

 

 

2025

 

 

2024

 

Sales/access fees

 

$ -

 

 

$ 2,205

 

Membership/program fees

 

 

-

 

 

 

1,415

 

Supply and distribution sales

 

 

134,899

 

 

 

-

 

Net sales

 

$ 134,899

 

 

$ 3,620

 

Schedule of Utility Inventory

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Raw materials

 

$ -

 

 

$ -

 

Work-in-progress

 

 

-

 

 

 

-

 

Finished goods

 

 

133,597

 

 

 

-

 

 

 

$ 133,597

 

 

$ -

 

Schedule of computations of weighted average shares outstanding

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2025

 

 

2024

 

Shares underlying options outstanding

 

 

1,446,406

 

 

 

935,068

 

Shares underlying warrants outstanding

 

 

1,865,856

 

 

 

1,765,856

 

Convertible preferred stock outstanding

 

 

240,000

 

 

 

240,000

 

 

 

 

3,552,262

 

 

 

2,940,924