XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited)        
Net revenue $ 22,671,333 $ 18,209,005 $ 49,379,365 $ 35,232,782
Cost of revenue 5,576,545 2,906,188 11,197,486 5,005,230
Gross profit 17,094,788 15,302,817 38,181,879 30,227,552
Operating expenses        
Marketing costs 14,138,328 12,431,580 31,651,322 25,534,224
Compensation 3,201,006 3,031,231 6,800,327 6,256,090
General and administrative 1,799,011 1,539,393 3,543,574 2,227,903
Total operating expenses 19,138,345 17,002,204 41,995,223 34,018,217
Operating loss (2,043,557) (1,699,387) (3,813,344) (3,790,665)
Financing expense, net (17,697) (42,451) (45,626) (62,831)
Other income, net 559,991 0 1,100,562 0
Income tax expense 0 (5,353) (2,676) (5,353)
Net loss $ (1,501,263) $ (1,747,191) $ (2,761,084) $ (3,858,849)
Per common share data        
Basic and diluted $ (0.10) $ (0.12) $ (0.19) $ (0.28)
Weighted average shares        
Basic 14,450,640 14,011,853 14,361,782 13,945,396
Diluted 14,450,640 14,011,853 14,361,782 13,945,396