v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,429,719 $ 6,449,782
Accounts and other receivables, net 894,823 541,962
Inventory 82,378 53,548
Prepaid expenses and other current assets 458,360 519,916
Total current assets 3,865,280 7,565,208
Non-current assets:    
Property and equipment, net 313,708 265,593
Operating lease right-of-use asset, net 769,270 334,289
Finance lease right-of-use asset, net 562,187 661,575
Goodwill 1,404,486 1,404,486
Intangible assets, net 687,639 716,806
Other assets 16,709 12,815
Total assets 7,619,279 10,960,772
Current liabilities:    
Accounts payable 969,845 761,901
Accrued expenses 1,414,492 1,717,989
Unearned revenue 31,140 42,405
Operating lease liability, current portion 163,276 139,220
Finance lease liability, current portion 79,592 139,490
Notes payable, current portion 22,561 105,161
Total current liabilities 2,680,906 2,906,166
Non-current liabilities:    
Operating lease liability, net of current portion 637,643 202,878
Finance lease liability, net of current portion 495,468 532,759
Notes payable, net of current portion 36,465 41,313
Total liabilities 3,850,482 3,683,116
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred Stock, par value $0.001 per share; 20,000,000 shares authorized; 450 shares and 700 shares issued and outstanding at June 30, 2026, and December 31, 2025, respectively 1 1
Common Stock, par value $0.007 per share; 350,000,000 shares authorized; 6,783,061 and 4,498,675 issued and outstanding at June 30, 2026, and December 31, 2025, respectively 47,454 31,461
Additional paid-in capital 79,272,098 75,800,258
Accumulated deficit (75,550,756) (68,554,064)
Total stockholders’ equity 3,768,797 7,277,656
Total liabilities and stockholders’ equity $ 7,619,279 $ 10,960,772

Source

10-Q XBRL Zip