Company: MLSS
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022276
Chunk: 39

Company: MILESTONE SCIENTIFIC INC.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 39
---
 28,735 
  
    Total operating expenses 
     2,775,341  
     3,305,399  
     9,522,866  
     9,638,196 
  
    Loss from operations 
     (1,134,471) 
     (1,469,179) 
     (4,616,955) 
     (4,714,670)
  
    Gain on sale of net operating losses 
     -  
     -  
        
     1,983,095 
  
    Interest income 
     (19,488) 
     8,008  
     (14,700) 
     53,513 
  
    Net loss 
     (1,153,959) 
     (1,461,171) 
     (4,631,655) 
     (2,678,062)

Three
months ended September 30, 2025, compared to three months ended September 30, 2024

Net
sales for 2025 and 2024 were as follows: 

    2025  
    2024  
    Change 
  
    Dental 
    $2,318,993  
    $2,468,205  
    $(149,212)
  
    Medical 
     41,124  
     45,600  
     (4,476)
  
    Total sales, net 
    $2,360,117  
    $2,513,805  
    $(153,688)

Consolidated revenue for the three months ended September 30, 2025, was
approximately $2.4 million, compared to $2.5 million for the same period in 2024, representing a decrease of approximately $154,000, or
6%. The decline in total revenue was primarily attributable to lower international and e-commerce dental sales, partially offset by new
contributions from the Company’s re-entry into the China market and modest growth in institutional sales.

Revenue from Dental Service Organizations (DSOs), government agencies, and dental schools increased slightly to approximately $83,000
for the three months ended September 30, 2025, compared to $81,000 in the prior-year period, reflecting steady institutional demand.

E-commerce dental revenue totaled approximately $1.0 million for the three
months