XML 12 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 15,648,046 $ 1,315,346 $ 27,054,369 $ 1,514,277
Cost of goods sold 6,640,917 2,896,259 13,417,798 2,980,262
Gross profit 9,007,129 (1,580,913) 13,636,571 (1,465,985)
Operating expenses:        
Salaries and benefits 2,123,572 319,608 4,474,130 831,197
Professional services 594,278 63,330 1,062,104 109,535
Other general and administrative expenses 1,399,244 500,381 2,271,507 884,491
Total general and administrative expenses 4,117,094 883,319 7,807,741 1,825,223
Depreciation and amortization 4,939 9,159 14,477 85,377
Total operating expenses 4,122,033 892,478 7,822,218 1,910,600
Net operating income (loss) 4,885,096 (2,473,391) 5,814,353 (3,376,585)
Other income (expense):        
Interest income 4,130 0 4,130 0
Interest expense (599,664) (847,509) (1,018,333) (1,345,845)
Loss on early extinguishment of debt (696,502)   (696,502) 0
Total other income (expense) (1,292,036) (847,509) (1,710,705) (1,345,845)
Income (loss) before income tax 3,593,060 (3,320,900) 4,103,648 (4,722,430)
Provision (benefit) for income tax (257,918) 0 (257,918) 0
Net income (loss) $ 3,335,142 $ (3,320,900) $ 3,845,730 $ (4,722,430)
Basic weighted average shares 9,624,999 4,854,208 7,845,382 4,850,815
Basic income (loss) per share $ 0.35 $ (0.68) $ 0.49 $ (0.97)
Weighted average common shares outstanding - diluted 11,385,708 4,854,208 9,408,247 4,850,815
Net income (loss) per common share - diluted $ 0.29 $ (0.68) $ 0.41 $ (0.97)