Company: MLSS
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022276
Chunk: 84

Company: MILESTONE SCIENTIFIC INC.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 84
---
2025  
    Three Months Ended September 30,
    2024  
    Nine Months Ended  September 30, 2025  
    Nine Months Ended  September 30, 2024 
  
    Operating results: 

    Product sales, net 
    $2,360,117  
    $2,513,805  
    $6,916,003  
    $6,616,414 
  
    Cost of products sold 
     719,247  
    $677,585  
     2,010,092  
     1,692,888 
  
    Gross profit 
     1,640,870  
     1,836,220  
     4,905,911  
     4,923,526 

    Operating expenses: 

    Selling, general and administrative expenses 
     2,739,011  
     3,064,769  
     9,026,691  
     8,968,226 
  
    Research and development expenses 
     16,226  
     232,056  
     437,135  
     641,235 
  
    Depreciation and amortization expense 
     20,104  
     8,574  
     59,040  
     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,