v3.25.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue    
Total revenue $ 4,144,226 $ 433,026
Cost of goods sold 2,544,614 294,056
Gross profit 1,599,612 138,970
Operating expenses:    
Research and development 3,138,978 764,581
Selling, general and administrative 24,814,288 15,416,388
Total operating expenses 27,953,266 16,180,969
Loss from operations (26,353,654) (16,041,999)
Other income (expense):    
Foreign exchange transaction gain 69,865 45,753
Change in fair value of share liability (132,273) (194,540)
Change in fair value of convertible notes payable (6,875,041) 0
Interest income 1,238,691 9,074
Interest expense (258,867) (118,547)
Total other expense (5,957,625) (258,260)
Loss before income tax expense (32,311,279) (16,300,259)
Income tax (expense) benefit (111,449) 6,133
Net loss before allocation to noncontrolling interests (32,422,728) (16,294,126)
Less: Net loss attributable to noncontrolling interests (89,147) (7,892)
Net loss attributable to ASP Isotopes Inc. shareholders before deemed dividend on inducement warrant forcommon stock (32,333,581) (16,286,234)
Deemed dividend on inducement warrant for common stock (2,779,659) 0
Net loss attributable to ASP Isotopes Inc. shareholders $ (35,113,240) $ (16,286,234)
Net loss per share attributable to ASP Isotopes Inc. shareholders, basic $ (0.63) $ (0.49)
Net loss per share attributable to ASP Isotopes Inc. shareholders, diluted $ (0.63) $ (0.49)
Weighted average shares of common stock outstanding, basic 55,671,805 33,066,708
Weighted average common stock outstanding, diluted 55,671,805 33,066,708
Comprehensive income (loss):    
Net loss before allocation to noncontrolling interests $ (32,422,728) $ (16,294,126)
Foreign currency translation (1,243,331) (1,176,012)
Total comprehensive loss before allocation to noncontrolling interests (33,666,059) (17,470,138)
Less: Comprehensive (loss) income attributable to noncontrolling interests (119,417) 27,255
Comprehensive loss attributable to ASP Isotopes Inc. (33,546,642) (17,497,393)
Product Revenue [Member]    
Revenue    
Total revenue 3,944,226 433,026
Collaboration Revenue [Member]    
Revenue    
Total revenue $ 200,000 $ 0

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