Company: TUTH
Filing Date: 2025-10-01
Form Type: 1-SA
Source: 0001683168-25-007356
Chunk: 7

Company: Standard Dental Labs Inc.
Filing Date: 2025-10-01
Form: 1-SA
Chunk 7
---
 June 30, 2025 and 2024

Our net income (loss) and comprehensive income
(loss) for our six month period ended June 30, 2025, for our six month period ended June 30, 2024, and the changes between those periods
for the respective items are summarized as follows:

For the six month period ended June 30, 2025 and
2024, the Company generated revenues of $163,261 and $140,540, respectively. The Company experienced a increase in revenue as a result
of an increase in the volume of products being manufactured, which the Company expects to continue moving forward. Our cost of goods sold
increased slightly from $82,632 at June 30, 2024, to $84,847 at June 30, 2025, due to increased volume, however the Company expects improved
manufacturing efficiency and cost of good reductions, which efficiencies and reductions the Company expects to continue moving forward.

| 5 |

Operating expenses for the six months ended June
30, 2025, and 2024 were $458,450 and $198,207, respectively, an increase of $260,243. As summarized in the table below, selling and marketing
expenses decreased by $55,200 due to efforts to save funds pending regulatory approvals for a name change and reverse split ahead of the
Company’s Regulation A offering, while general and administrative expenses were up by $11,824 due to increased costs related to
obtaining regulatory approval of the name change and reverse stock split. Professional fees saw an increase of $303,410 due to increased
legal, accounting, and audit expenses in relation to seeking regulatory approval of the name change and reverse stock split and the Company’s
Regulation A offering. The Company expects increased legal, accounting and audit expenses to continue as it works towards completion of
its Regulation A offering in 2025 and increased compliance costs in connection with Regulation A reporting.

In the six months ended June 30, 2025 and 2024,
the Company reported net operating losses of ($380,036) and ($140,299), respectively, an increase of $239,737, due primarily to the increase
in professional fees as discussed above. Net loss for the six months ended June 30, 2025, and 2024 was $(424,347) and $(283,541),
respectively, an increase of $140,806, due primarily to the increase