SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

SCHEDULE OF OPERATIONS, ASSETS AND CAPITAL EXPENDITURES FOR OUR BUSINESS SEGMENTS

The following table reflects results of operations including significant segment expenses that are regularly provided to the CODM for the Company’s reportable segments and Segment Adjusted EBITDA for the periods indicated below:

	Three Months Ended March 31,
	2025									2024
	Sanara Surgical			THP			Total			Sanara Surgical			THP			Total
Net revenue	$	23,434,096		$	-		$	23,434,096		$	18,536,638		$	-		$	18,536,638
Cost of goods sold		1,834,967			-			1,834,967			1,890,046			-			1,890,046
Selling, general and administrative		19,129,208			2,311,402			21,440,610			15,592,747			599,512			16,192,259
Research and development		950,359			163,779			1,114,138			578,980			367,318			946,298
Depreciation and amortization		688,571			435,839			1,124,410			698,502			406,918			1,105,420
Change in fair value of earnout liabilities		-			-			-			(103,782	)		38,104			(65,678	)
Other expense (1)		1,446,096			1,258			1,447,354			267,336			-			267,336
Net loss	$	(615,105	)	$	(2,912,278	)	$	(3,527,383	)	$	(387,191	)	$	(1,411,852	)	$	(1,799,043	)
Segment Adjusted EBITDA	$	2,695,058		$	(2,037,089	)	$	657,969		$	1,228,480		$	(917,059	)	$	311,421

(1) For the three months ended March 31, 2025, other expense included interest expense, share of losses from equity method investments offset by interest income and gain on disposal of property and equipment. For the three months ended March 31, 2024, other expense included interest expense.

SCHEDULE OF RECONCILIATION OF NET INCOME (LOSS) TO SEGMENT EBITDA FOR REPORTABLE SEGMENTS

The following table provides a reconciliation of net loss to Segment Adjusted EBITDA for the Company’s reportable segments for the periods indicated below:

	Three Months Ended March 31,
	2025									2024
	Sanara Surgical			THP			Total			Sanara Surgical			THP			Total
Net Loss	$	(615,105	)	$	(2,912,278	)	$	(3,527,383	)	$	(387,191	)	$	(1,411,852	)	$	(1,799,043	)
Adjustments:
Interest expense		1,317,092			-			1,317,092			267,336			-			267,336
Depreciation and amortization		688,571			435,839			1,124,410			698,502			406,918			1,105,420
Noncash share-based compensation		1,175,496			129,408			1,304,904			753,615			49,771			803,386
Change in fair value of earnout liabilities		-			-			-			(103,782	)		38,104			(65,678	)
Share of losses from equity method investments		143,608			-			143,608			-			-			-
Gain on disposal of property and equipment		(10,932	)		1,258			(9,674	)		-			-			-
Interest income		(3,672	)		-			(3,672	)		-			-			-
Acquisition costs (1)		-			308,684			308,684			-			-			-
Segment Adjusted EBITDA	$	2,695,058		$	(2,037,089	)	$	657,969		$	1,228,480		$	(917,059	)	$	311,421

(1) Acquisition costs include legal, tax and accounting services related to prospective acquisitions.