Company: MLSS
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026919
Chunk: 0

Company: MILESTONE SCIENTIFIC INC.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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                  -                   51,751  
  Common stock issued for payment of consulting services                           90,170                       90           65,971      -                  -                   66,061  
  Common stock to be issued to employees for bonuses                               30,165                       31          264,922      -                  -                  264,953  
  Common stock issued to board of directors for services                          154,494                      154            ( 154      -                  -                        -  
  Net loss                                                                              -                        -                -      ( 1,440,529        -              ( 1,440,529  
  Balance at March 31, 2024                                                    76,632,279                  $76,632      133,075,331      ( 124,780,038      ( 911,516        7,460,409  
  Stock based compensation                                                              -                        -          207,690      -                  -                  207,690  
  Common stock issued for payment of consulting services                           99,063                       99           62,041      -                  -                   62,140  
  Common stock to be issued to employees for bonuses                              322,937                      324            ( 324      -                  -                        -  
  Restricted common stock issued to employees                                      18,939                       19             ( 19      -                  -                        -  
  Common stock issued to board of directors for services                          154,496                      154            ( 154      -                  -                        -  
  Net income                                                                            -                        -                -      223,638            -                  223,638  
  Balance at June 30, 2024                                                     77,227,714                  $77,228      133,344,565      ( 124,556,400      ( 911,516        7,953,877  

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

7

MILESTONE SCIENTIFIC AND SUBSIDIARIES

CONDENSEDCONSOLIDATED STATEMENTS OF CASH FLOWS

FOR SIXMONTHS ENDED

(UNAUDITED)

                                                                                   June 30, 2025                       June 30, 2024                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Cash flows from operating activities:                                                                                                                
  Net loss                                                                         $                  ( 3,