| Schedule of Consolidated Statement of Operations |
The following table sets forth our condensed consolidated statements of comprehensive income (loss) used by the CODM: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | (in thousands) | 2025 | | 2024 | | 2025 | | 2024 | | Revenue | $ | 11,451 | | | $ | 9,360 | | | $ | 30,957 | | | $ | 22,308 | | | Cost of Revenues | 2,526 | | | 2,293 | | | 6,690 | | | 5,799 | | | Gross Margin | 8,925 | | | 7,067 | | | 24,267 | | | 16,509 | | | Operating Expenses: | | | | | | | | | General and administrative | 4,810 | | | 2,545 | | | 13,316 | | | 8,059 | | | Selling and marketing | 2,081 | | | 2,202 | | | 5,286 | | | 4,468 | | | Research and development | 345 | | | 161 | | | 747 | | | 519 | | | Depreciation and amortization | 222 | | | 206 | | | 588 | | | 568 | | | Operating Income | 1,467 | | | 1,953 | | | 4,330 | | | 2,895 | | | Total Other Income (Expense) | 8,858 | | | (22,610) | | | 1,374 | | | (21,519) | | | | | | | | | | | Net Income (Loss) | $ | 10,325 | | | $ | (20,657) | | | $ | 5,704 | | | $ | (18,624) | |
|