Condensed consolidated balance sheet components (Tables)
|
3 Months Ended |
Mar. 31, 2025 |
Consolidated Balance Sheet Components |
|
Schedule of non trade receivables |
Schedule of non trade receivables | |
| | | |
| | |
| |
March 31, | | |
December 31, | |
| |
2025 | | |
2024 | |
Non-trade receivables | |
$ | 564,004 | | |
$ | 433,051 | |
Unbilled reimbursements | |
| - | | |
| 8,388 | |
Reimbursement for leasehold improvements | |
| 185,691 | | |
| - | |
Related party reimbursement | |
| 29,276 | | |
| - | |
Non-trade receivables and unbilled services | |
| 778,971 | | |
| 441,439 | |
Less: provision for credit losses | |
| - | | |
| - | |
Non-trade receivables and unbilled services, net | |
$ | 778,971 | | |
$ | 441,439 | |
|
Schedule of inventory consisted |
Schedule of inventory consisted | |
| | | |
| | |
| |
March 31, | | |
December 31, | |
| |
2025 | | |
2024 | |
Raw materials | |
$ | 1,496,493 | | |
$ | 2,842,540 | |
Work in process | |
| 2,456,887 | | |
| - | |
Finished goods | |
| 765,036 | | |
| - | |
Pre-launch inventory | |
$ | 4,718,416 | | |
$ | 2,842,540 | |
Pre-launch inventory – current | |
$ | 3,232,330 | | |
$ | 1,391,008 | |
Pre-launch inventory – noncurrent | |
$ | 1,486,086 | | |
$ | 1,451,532 | |
|
Schedule of property and equipment, net |
Schedule of property and equipment, net | |
| March 31, | |
| December 31, |
| |
2025 | | |
2024 | |
Equipment | |
$ | 3,443,097 | | |
$ | 3,433,881 | |
Computer software | |
| 888,706 | | |
| 574,780 | |
Leasehold improvements | |
| 513,727 | | |
| 513,727 | |
Construction in progress | |
| 204,822 | | |
| - | |
Total property and equipment | |
| 5,050,352 | | |
| 4,522,388 | |
Less accumulated depreciation and amortization | |
| (3,806,615 | ) | |
| (3,727,429 | ) |
Total property and equipment, net | |
$ | 1,243,737 | | |
$ | 794,959 | |
|
Schedule of accrued expenses and other liabilities |
Schedule of accrued expenses and other liabilities | |
| | | |
| | |
| |
March 31, | | |
December 31, | |
| |
2025 | | |
2024 | |
Accrued compensation and related liabilities | |
$ | 2,029,422 | | |
$ | 3,116,301 | |
Accrued development expenses | |
| 405,423 | | |
| 482,417 | |
Accrued warranty reserves | |
| 525,901 | | |
| 692,404 | |
Accrued other expenses | |
| 98,919 | | |
| 4,719 | |
Accrued expenses and other liabilities | |
$ | 3,059,665 | | |
$ | 4,295,841 | |
|