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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Product sales, net $ 8,805,906 $ 10,304,711
Cost of products sold 3,905,092 3,992,811
Gross profit 4,900,814 6,311,900
Selling, general and administrative expenses 12,514,323 12,738,362
Research and development expenses 1,150,209 878,210
Depreciation and amortization expense 63,755 73,836
Total operating expenses 13,728,287 13,690,408
Loss from operations (8,827,473) (7,378,508)
Interest income (expense) 54,607 (16,360)
Gain on debt extinguishment-PPP 0 276,180
Loss before provision for income taxes and equity investments (8,772,866) (7,118,688)
Provision for income taxes 0 (333)
Loss before equity investment (8,772,866) (7,119,021)
Deferred profit and divesture-equity investment (See Note F) 0 242,589
Net loss (8,772,866) (6,876,432)
Net loss attributable to noncontrolling interests 66,735 58,115
Net loss attributable to Milestone Scientific Inc. $ (8,706,131) $ (6,818,317)
Net loss per share applicable to common stockholders—    
Basic and Diluted (in dollars per share) $ (0.12) $ (0.10)
Weighted average shares outstanding and to be issued—    
Basic and Diluted (in shares) 70,607,338 68,829,860