Company: MLSS
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001437749-25-017171
Chunk: 0

Company: MILESTONE SCIENTIFIC INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 0
---
 1,997,853      ( 1,465,068  
  Interest income                                                  3,267           24,539  
  Loss before provision for income taxes                     ( 1,994,586      ( 1,440,529  
  Net loss                                                   ( 1,994,586      ( 1,440,529  
  Net loss per share applicable to common stockholders—                                    
  Basic and Diluted                                               ( 0.02           ( 0.02  
  Weighted average shares outstanding and to be issued—                                    
  Basic and diluted                                           81,854,512       79,738,551  

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

5

MILESTONE SCIENTIFIC AND SUBSIDIARIES

CONDENSEDCONSOLIDATED STATEMENTSOF CHANGES IN STOCKHOLDERS' EQUITY

FOR THREEMONTHS ENDED MARCH 31, 2025 AND 2024

(UNAUDITED)

                                                                              Common Stock Amount                                                                                  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance as of January 1, 2025                               78,047,798      $                        78,048      134,719,274      ( 128,053,106      ( 911,516        5,832,700  
  Stock based compensation                                    -                                                        330,787      -                  -                  330,787  
  Common stock to be issued to employees for bonuses          -                                                        293,551      -                  -                  293,551  
  Common stock issued to board of directors for services      182,584                                     182            ( 182      -                  -                        -  
  Net loss                                                    -                                             -                -      ( 1,994,586        -              ( 1,994,586  
  Balance at March 31, 2025                                   78,230,382      $                        78,230      135,343,430      ( 130,047,692      ( 911,516        4,462,452  

                                                                                               Common Stock Amount                                                                                  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance at January 1, 2024                                                   75,881,840      $