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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Revenues $ 133,368 $ 245,160 $ 510,626 $ 487,119
Cost of revenues 21,505 52,193 71,965 101,538
Cost of revenues - related party 29,192 48,378 138,800 96,663
Gross profit 82,671 144,589 299,861 288,918
Operating expenses        
General and administrative expenses 523,855 544,960 2,146,517 2,496,574
Salary and benefits 242,941 271,466 795,255 667,560
Advertising and marketing 251,330 720,531 1,332,957 1,633,528
Investor relations 255,000 255,500 438,000 774,965
Stock based compensation 567,619 151,592 1,881,464 1,367,134
Total operating expenses 1,840,745 1,944,049 6,594,193 6,939,761
Loss from operations (1,758,074) (1,799,460) (6,294,332) (6,650,843)
Other expense        
Imputed interest - related party (6,473)
Interest expense - amortization on discount 241,620 464,298
Total other expense 241,620 464,298 (6,473)
Loss before income taxes (1,999,694) (1,799,460) (6,758,630) (6,644,370)
Income taxes
Net loss (1,999,694) (1,799,460) (6,758,630) (6,644,370)
Net loss attributed to non-controlling interest (461) (837)
Net loss attributed to Mangoceuticals, Inc. $ (1,999,233) $ (1,799,460) $ (6,757,793) $ (6,644,370)
Basic and diluted loss per share        
Basic loss per share $ (0.99) $ (1.70) $ (3.83) $ (6.68)
Diluted loss per share $ (0.99) $ (1.70) $ (3.83) $ (6.68)
Weighted average number of shares *        
Basic [1] 2,013,848 1,061,572 1,765,051 994,897
Diluted [1] 2,013,848 1,061,572 1,765,051 994,897
[1] Shares and per share amount have been retroactively adjusted to reflect the decreased number of shares resulting from a 1 for 15 reverse stock split