v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 3,098,366 $ 6,449,782
Accounts and other receivables, net 685,235 541,962
Inventory 77,887 53,548
Prepaid expenses and other current assets 479,913 519,916
Total current assets 4,341,401 7,565,208
Non-current assets:    
Property and equipment, net 246,849 265,593
Operating lease right-of-use asset, net 651,430 334,289
Finance lease right-of-use asset, net 586,048 661,575
Goodwill 1,404,486 1,404,486
Intangible assets, net 702,222 716,806
Other assets 12,816 12,815
Total assets 7,945,252 10,960,772
Current liabilities:    
Accounts payable 836,211 761,901
Accrued expenses 2,033,924 1,717,989
Unearned revenue 31,140 42,405
Operating lease liability, current portion 142,303 139,220
Finance lease liability, current portion 80,241 139,490
Notes payable, current portion 61,141 105,161
Total current liabilities 3,184,960 2,906,166
Non-current liabilities    
Operating lease liability, net of current portion 545,157 202,878
Finance lease liability, net of current portion 514,834 532,759
Notes payable, net of current portion 38,915 41,313
Total liabilities 4,283,866 3,683,116
Commitments and contingencies (See Note 11)
Stockholders’ equity:    
Preferred stock, par value $0.001 per share; 20,000,000 shares authorized; 700 shares issued and outstanding at March 31, 2026, and December 31, 2025, respectively 1 1
Common stock, par value $0.007 per share; 350,000,000 shares authorized; 4,498,675 shares issued and outstanding as of March 31, 2026, and December 31, 2025 31,464 31,461
Additional paid-in capital 75,814,595 75,800,258
Accumulated deficit (72,184,674) (68,554,064)
Total stockholders’ equity 3,661,386 7,277,656
Total liabilities, and stockholders’ equity $ 7,945,252 $ 10,960,772

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