v3.25.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue    
Revenue $ 6,243,022 $ 6,994,838
Operating expenses:    
Cost of revenues 3,196,245 2,736,998
Research and development 14,326,918 20,119,791
Selling, general and administrative 21,570,874 26,170,221
Loss on impairment of long-lived assets 1,939,246  
Change in fair value of contingent earn-out receivable, related party (1,190,000)  
Total operating expenses 39,843,283 49,027,010
Operating loss (33,600,261) (42,032,172)
Interest income 22,230 457,189
Interest expense (953,173) (776,838)
Unrealized gain on short-term investments 999 123,044
Change in fair value of related party receivable (330,000)  
Change in fair value of convertible promissory note, related party 280,950  
Change in fair value of non-convertible promissory note, related party (19,000)  
Change in fair value of warrant liability 469,800  
Loss on debt extinguishment (560,000)  
Other income 1,107,501  
Other expense (746,834) (104,822)
Total non-operating expense (727,527) (301,427)
Net loss from continuing operations before income taxes (34,327,788) (42,333,599)
Income tax benefit from continuing operations   571,120
Net loss from continuing operations (34,327,788) (41,762,479)
Net loss from discontinued operations before income taxes   (5,005,518)
Income tax expense from discontinued operations   (65,189)
Net loss from discontinued operations   (5,070,707)
Net loss (34,327,788) (46,833,186)
Net loss - non-controlling interest (1,519,945) (1,616,018)
Net loss attributable to Scorpius Holdings, Inc. $ (32,807,843) $ (45,217,168)
Weighted-average common shares outstanding, basic (in shares) (Notes 12 and 16) 2,515,742 130,120
Weighted-average common shares outstanding, diluted (in shares) (Notes 12 and 16) 2,515,742 130,120
Net loss per share, basic - continuing operations (in dollars per share) $ (13.04) $ (308.53)
Net loss per share, diluted - continuing operations (in dollars per share) (13.04) (308.53)
Net loss per share, basic - discontinued operations (in dollars per share)   (38.97)
Net loss per share, diluted - discontinued operations (in dollars per share)   (38.97)
Net loss per share common share attributable to Scorpius Holdings, Inc., basic (13.04) (347.5)
Net loss per share common share attributable to Scorpius Holdings, Inc., diluted $ (13.04) $ (347.5)
Comprehensive loss    
Net loss $ (34,327,788) $ (46,833,186)
Unrealized gain (loss) on foreign currency translation 175,233 (3,047)
Total comprehensive loss (34,152,555) (46,836,233)
Comprehensive loss attributable to non-controlling interest (1,519,945) (1,616,018)
Comprehensive loss - Scorpius Holdings, Inc. $ (32,632,610) $ (45,220,215)

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