Company: SINT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024040
Chunk: 25

Company: Sintx Technologies, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 8
Chunk 25
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 same period in 2024,
primarily due to an overall decrease in payroll related costs.

For
the six months ended June 30, 2025, sales and marketing expenses decreased $0.2 million, or 39%, compared to the same period in 2024,
primarily due to an overall decrease in payroll related costs.

Grant
and contract expenses

For
the three months ended June 30, 2025, grant and contract expenses decreased $0.3 million, or 86%, compared to the same period in 2024,
primarily due to the decrease in grant and contract revenue associated with the sale of the TA&T subsidiary.

For
the six months ended June 30, 2025, grant and contract expenses decreased $0.5 million, or 84%, compared to the same period in 2024,
primarily due to the decrease in grant and contract revenue associated with the sale of the TA&T subsidiary.

Other
income, net

For
the three months ended June 30, 2025, other income decreased $0.2 million, or -31%, compared to the same period in 2024, primarily due
to a $0.5 million decrease in the change in value of derivative liabilities, partially offset by a $0.3 million gain on disposal of property
and equipment associated with SINTX Armor.

For
the six months ended June 30, 2025, other income decreased $2.4 million, or -84%, compared to the same period in 2024, primarily due
to a $2.7 million decrease in the change in value of derivative liabilities, partially offset by a $0.3 million gain on disposal of property
and equipment associated with SINTX Armor.

Liquidity
and capital resources 

The
condensed consolidated financial statements have been prepared assuming the Company will continue to operate as a going concern, which
contemplates the realization of assets and settlement of liabilities in the normal course of business, and does not include any adjustments
to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities
that may result from uncertainty related to its ability to continue as a going concern within one year from the date of issuance of these
condensed consolidated financial statements.

For
the six months ended June 30, 2025, and 2024, the Company incurred a net loss of $4.6 million and $3.1 million,