| Summary of Segment Expense Activity |
A summary of segment expense activity is as follows:
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For Three Months Ended September 30, |
For Nine Months Ended September 30, |
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2025 |
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2024 |
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2025 |
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2024 |
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Revenue: |
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Total Core Revenue |
$ |
4,519,799 |
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$ |
5,129,560 |
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$ |
14,230,307 |
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$ |
16,507,743 |
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Total Digital Revenue |
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2,805,343 |
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2,516,738 |
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8,407,459 |
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7,662,123 |
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Consolidated Revenue |
$ |
7,325,142 |
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$ |
7,646,298 |
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$ |
22,637,766 |
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$ |
24,169,866 |
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Cost and expenses |
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Cost of ancillary products and assembled components |
$ |
241,139 |
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$ |
342,865 |
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$ |
617,152 |
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$ |
1,347,941 |
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Selling, general and administrative |
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2,340,456 |
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4,570,659 |
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7,017,074 |
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9,706,429 |
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Compensation and related expenses |
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1,893,856 |
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1,898,447 |
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6,248,036 |
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5,804,754 |
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Research and development |
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17,354 |
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52,670 |
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118,745 |
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150,519 |
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Depreciation and amortization |
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806,483 |
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701,127 |
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2,372,215 |
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2,089,317 |
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Stock-based compensation |
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122,202 |
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204,467 |
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441,605 |
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540,322 |
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Total costs and expenses |
$ |
5,421,490 |
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$ |
7,770,235 |
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$ |
16,814,827 |
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$ |
19,639,282 |
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Net income (loss) |
$ |
1,039,139 |
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$ |
(2,197,914 |
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$ |
(31,786 |
) |
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$ |
(1,746,309 |
) |
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