Company: VYND
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001079973-25-000779
Chunk: 16

Company: Vynleads, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 8
Chunk 16
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    Exercise
    Price

    Number
    Outstanding

    Remaining
    Average
    Contractual
    Life
    (In Years)

    Weighted
    Average
    Exercise
    Price

    Number
    Exercisable

    Weighted
    Average
    Exercise
    Price

    $0.225

    100,000

    3.21

    $0.225

    100,000

    $0.225

As of December 31, 2024

    Options Outstanding
     
    Options Exercisable

    Range of
    Exercise Price

    Number
    Outstanding

    Remaining
    Average
    Contractual
    Life (In Years)

    Weighted
    Average
    Exercise Price

    Number
    Exercisable

    Weighted
    Average
    Exercise Price

    $0.225

    100,000

    3.45

    $0.225

    100,000

    $0.225

    15 
    VYNLEADS, INC.NOTES TO CONDENSED FINANCIAL STATEMENTSMarch 31, 2025(UNAUDITED) 

11. Segments

The Company’s Chief Executive Officer,
Alex Mannine, serves as the Chief Operating Decision Maker (“CODM”) and evaluates the financial performance of the business
and makes resource allocation decisions on a consolidated basis. As a result, the Company operates as a single reportable segment under
ASC 280, Segment Reporting, defined by the CODM as Consumer Goods. The Company's operations include marketing, e-commerce expenses, and
purchasing and procurement, all of which are managed centrally. The CODM assesses financial performance based on revenue, operating profit,
and key operating expenses as detailed below.

    Schedule of operating profit and key operating expenses 

    March 31, 2025  
    March 31, 2024 
  
    Revenue, net 
    $—  
    $— 
  
    Less: Cost of goods sold 
     4,718  
     4,235 
  
    Less: 

              Salaries, benefits and consultants 
     32,500  
     32,500 
  
              Other
    segment expenses (1) 
     43,752  
     43,881 
  
    Segment net loss