| Summary of Segment Expense Activity |
A summary of segment expense activity is as follows:
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|
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|
|
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For the Year Ended December 31, |
|
2024 |
|
|
2023 |
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|
Revenue: |
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|
|
|
|
Total Core Revenue |
$ |
21,387,092 |
|
|
$ |
19,356,289 |
|
|
Total Digital Revenue |
|
10,350,374 |
|
|
|
8,432,795 |
|
|
Consolidated Revenue |
$ |
31,737,466 |
|
|
$ |
27,789,084 |
|
|
|
|
|
|
|
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Cost and expenses |
|
|
|
|
|
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Cost of ancillary products and assembled components |
$ |
1,509,776 |
|
|
$ |
1,263,271 |
|
|
Selling, general and administrative |
|
12,057,139 |
|
|
|
9,251,983 |
|
|
Compensation and related expenses |
|
8,454,485 |
|
|
|
7,068,118 |
|
|
Research and development |
|
231,016 |
|
|
|
179,716 |
|
|
Depreciation and amortization |
|
2,863,507 |
|
|
|
2,274,461 |
|
|
Stock-based compensation |
|
919,649 |
|
|
|
1,021,953 |
|
|
Total costs and expenses |
$ |
26,035,572 |
|
|
$ |
21,059,502 |
|
|
|
|
|
|
|
|
|
Net loss |
$ |
(2,627,110 |
) |
|
$ |
(1,807,586 |
) |
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|