Company: SINT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010496
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Company: Sintx Technologies, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
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NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

1. Organization and Summary of Significant Accounting
Policies

The condensed consolidated financial statements include
the accounts of SINTX Technologies, Inc. (“SINTX”, or “the Company”) and its wholly-owned subsidiaries, SINTX
Armor, Inc. (“SINTX Armor”), and Technology Assessment and Transfer, Inc. (TA&T) through February 19, 2025 (see Note 2),
which are collectively referred to as “we” or “the Company.”
SINTX Technologies is an advanced ceramics company formed in December 1996, focused on providing biomedical solutions for medical devices.
We have grown from focusing primarily on the research, development and commercialization of medical devices manufactured with silicon
nitride to becoming an advanced ceramics company engaged in diverse fields, including biomedical and antipathogenic applications. This
diversification enables us to focus on our core competencies which are the manufacturing, research, and development of products comprised
from advanced ceramic materials. We seek to connect with new customers, partners and manufacturers to help them realize the goal of leveraging
our expertise in advanced ceramics to create new, innovative products across these sectors.

SINTX Core Business

Biomedical Applications: Since
its inception, SINTX has been focused on medical grade silicon nitride. SINTX biomedical products have been shown to be biocompatible,
bioactive, antipathogenic, and to have superb bone affinity. Spinal implants made from SINTX silicon nitride have been successfully implanted
in humans since 2008 in the U.S., Europe, South America and Asia. This established use, along with its inherent resistance to bacterial
adhesion and bone affinity suggests that it may also be suitable in other fusion device applications such as arthroplasty implants, foot
wedges, and dental implants. Bacterial infection of any biomaterial implants is always a concern. SINTX silicon nitride has been shown
to be resistant to bacterial colonization and biofilm formation, making it antibacterial. SINTX silicon nitride products can be polished
to a smooth and wear-resistant surface for articulating applications, such as bearings for hip and knee replacements.

We believe that silicon nitride has a superb combination of properties
that make it suited for long-term human implantation. Other biomaterials are based on bone grafts, metal alloys, and polymers- all of
which have well-known practical