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

Company: Sintx Technologies, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
Chunk 25
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, consultant services, and
travel and facilities expenses related to research and development activities.

We expect to incur additional research and development
costs as we continue to develop new medical devices, related product candidates for antipathogenic applications,
and other products which may increase our total research and development expenses.

General and Administrative Expenses

General and administrative expenses consist primarily
of salaries, benefits and other related costs, including stock-based compensation for certain members of our executive team and other
personnel employed in finance, compliance, administrative, information technology, customer service, executive and human resource departments.
General and administrative expenses also include other expenses not part of the other cost categories mentioned above, including facility
expenses and professional fees for accounting and legal services.

20

RESULTS OF OPERATIONS

The following is a tabular presentation of our unaudited
condensed consolidated operating results for the three months ended March 31, 2025 and 2024 (in thousands):

    Three Months Ended March 31,  

    2025  
    2024  
    $ Change  
    % Change 
  
    Product revenue 
    $291  
    $309  
    $(18) 
     -6%
  
    Grant and contract revenue 
     78  
     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