Company: SINT
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021930
Chunk: 2

Company: Sintx Technologies, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 2
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 and accompanying notes contain all adjustments (consisting of normal recurring
adjustments) necessary to present fairly the financial position and results of operations for the periods presented herein. These condensed
consolidated financial statements should be read in conjunction with the consolidated audited financial statements and notes thereto
contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 19, 2025.
The results of operations for the nine months ended September 30, 2025, are not necessarily indicative of the results to be expected
for the year ending December 31, 2025. The Company’s significant accounting policies are set forth in Note 1 to the consolidated
financial statements in its Annual Report on Form 10-K for the year ended December 31, 2024.

Segment
Information

The
Company operates as one operating segment. Operating segments are defined as components of an entity for which separate financial
information is regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s Chief Executive
Officer, in deciding how to allocate resources and assess performance. The Company’s CODM evaluates financial information and resources
and assesses the performance of these resources on a consolidated basis. There is no expense or asset information that is supplemental
to information disclosed within the consolidated financial statements that is regularly provided to the CODM. The allocation of resources
and assessment of performance of the operating segment is based on consolidated net loss and functional expenses as reported on our condensed
consolidated statements of operations and comprehensive loss. Because the Company operates as one operating segment, financial segment
information, including expense and asset information, can be found in the condensed consolidated financial statements.

Reverse
Stock Split

On
May 28, 2024, the Company effected a 1-for-200 reverse stock split of the Company’s common stock. The par value and the authorized
shares of the common and preferred stock were not adjusted as a result of the reverse stock split. All common stock shares, equivalents,
and per-share amounts for all periods presented in these condensed consolidated financial statements have been adjusted retroactively
to reflect the reverse stock split.

Use
of Estimates

The
preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions
that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed
consolidated financial statements and