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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Product sales, net $ 9,827,444 $ 8,805,906
Cost of products sold 3,034,832 3,905,092
Gross profit 6,792,612 4,900,814
Selling, general and administrative expenses 13,135,796 12,514,323
Research and development expenses 701,378 1,150,209
Depreciation and amortization expense 61,912 63,755
Total operating expenses 13,899,086 13,728,287
Loss from operations (7,106,474) (8,827,473)
Interest income (expense) 125,527 54,607
Provision for income Taxes 0 0
Loss before provision for income taxes (6,980,947) (8,772,866)
Net loss (6,980,947) (8,772,866)
Net loss attributable to noncontrolling interests (51,843) (66,735)
Net loss attributable to Milestone Scientific Inc. $ (6,929,104) $ (8,706,131)
Net loss per share applicable to common stockholders—    
Basic and Diluted (in dollars per share) $ (0.1) $ (0.12)
Weighted average shares outstanding and to be issued—    
Basic and Diluted (in shares) 72,775,781 70,607,338