Company: SINT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010496
Chunk: 42

Company: Sintx Technologies, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 2
Chunk 42
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378  
     (300) 
     -79%
  
    Total revenue 
     369  
     687  
     (318) 
     -46%
  
    Costs of revenue 
     246  
     223  
     23  
     10%
  
    Gross profit 
     123  
     464  
     (341) 
     -73%
  
    Operating expenses: 

    Research and development 
     1,116  
     2,019  
     (903) 
     -45%
  
    General and administrative 
     1,160  
     1,123  
     37  
     3%
  
    Sales and marketing 
     179  
     246  
     (67) 
     -27%
  
    Grant and contract expenses 
     51  
     273  
     (222) 
     -81%
  
    Total operating expenses 
     2,506  
     3,661  
     (1,155) 
     -32%
  
    Loss from operations 
     (2,383) 
     (3,197) 
     814  
     -25%
  
    Other income, net 
     91  
     2,311  
     (2,220) 
     -96%
  
    Net income (loss) before income taxes 
     (2,292) 
     (886) 
     (1,406) 
     159%
  
    Provision for income taxes 
     -  
     -  
     -  

    Net income (loss) 
    $(2,292) 
    $(886) 
    $(1,406) 
     159%

Revenue

For the three months ended March 31, 2025, total product
revenue remained relatively unchanged when compared to the same period in 2024. During the quarter ended March 31, 2025, grant and contract
revenue decreased $0.3 million, or 79% as compared to the same period in 2024. The decrease was primarily due to the disposition of TA&T
(as further explained in the liquidity and capital resources section below).

Cost of Revenue and Gross Profit

For the three months ended March 31,