v3.25.2
Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 611,822 $ 8,357,294
Accounts receivable, net 34,154 79,949
Inventories 45,760 60,661
Prepaid expense and other assets 272,779 377,565
Current assets of discontinued operations 1,261,403 1,202,962
Total current assets 2,225,918 10,078,431
Property and equipment, net 347,588 467,573
Intangibles, net 50,955 60,676
Lease right-of-use assets 2,047,241 2,543,110
Other long-term assets 98,478 98,478
Non-current assets of discontinued operations 202,337 1,168,981
Total assets 4,972,517 14,417,249
Current liabilities:    
Accounts payable 1,044,394 1,213,499
Note payable 0 150,408
Accrued expenses and other liabilities 1,236,378 1,390,899
Derivative liability 0 1,376
Contract liabilities 224,076 269,831
Lease liability 555,169 407,060
Current liabilities of discontinued operations 533,384 517,958
Total current liabilities 3,593,401 3,951,031
Lease liability – net of current portion 1,558,239 2,113,408
Non-current liabilities of discontinued operations 23,487 81,030
Total liabilities 5,175,127 6,145,469
Stockholders’ (deficit) equity:    
Common stock, $.01 par value, 200,000,000 shares authorized, 6,666,993 and 4,062,853 shares outstanding as of December 31, 2024, and December 31, 2023, respectively 66,670 40,629
Additional paid-in capital 180,156,199 175,992,242
Accumulated deficit (180,426,271) (167,761,883)
Total stockholders’ (deficit) equity (202,610) 8,271,780
Total liabilities and stockholders’ (deficit) equity 4,972,517 14,417,249
Series B Convertible Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Series B Convertible Preferred Stock, $.01 par value, 2,300,000 shares authorized, 79,246 shares outstanding as of December 31, 2024, and December 31, 2023 $ 792 $ 792