v3.25.2
Condensed Consolidated Statements of Changes in Stockholders Equity (Unaudited) - USD ($)
Total
Public Offering
Common Stock
Common Stock
Public Offering
Additional Paid-In Capital
Additional Paid-In Capital
Public Offering
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Public Offering
Accumulated Deficit
Accumulated Deficit
Public Offering
Noncontrolling Interest
Noncontrolling Interest
Public Offering
Balance, shares at Dec. 31, 2023     48,923,276                  
Balance, amount at Dec. 31, 2023 $ 18,830,631   $ 489,233   $ 40,567,003   $ (920,982)   $ (23,839,300)   $ 2,534,677  
Retired unvested restricted shares, shares     (325,000)                  
Retired unvested restricted shares, amount 0   $ (3,250)   3,250   0   0   0  
Stock-based compensation expense 1,713,654   0   1,713,654   0   0   0  
Distribution to noncontrolling interest of VIE (8,694)   0   0   0   0   (8,694)  
Foreign currency translation (543,729)   0   0   (543,729)   0   0  
Net loss (6,964,844)   $ 0   0   0   (6,948,085)   (16,759)  
Balance, shares at Mar. 31, 2024     48,598,276                  
Balance, amount at Mar. 31, 2024 13,027,018   $ 485,983   42,283,907   (1,464,711)   (30,787,385)   2,509,224  
Balance, shares at Dec. 31, 2023     48,923,276                  
Balance, amount at Dec. 31, 2023 18,830,631   $ 489,233   40,567,003   (920,982)   (23,839,300)   2,534,677  
Foreign currency translation 219,691                      
Net loss (15,846,286)                      
Balance, shares at Jun. 30, 2024     52,132,833                  
Balance, amount at Jun. 30, 2024 14,361,740   $ 521,329   50,911,752   (701,291)   (39,720,310)   3,350,260  
Balance, shares at Mar. 31, 2024     48,598,276                  
Balance, amount at Mar. 31, 2024 $ 13,027,018   $ 485,983   42,283,907   (1,464,711)   (30,787,385)   2,509,224  
Issuance of common stock from public offering, net of issuance costs, shares 220,000                      
Issuance of common stock from public offering, net of issuance costs $ 619,200                      
Issuance of common stock from exercise of warrants, shares     3,164,557                  
Issuance of common stock from exercise of warrants 5,537,975   $ 31,646   5,506,329   0   0   0  
Issuance of restricted shares, shares     250,000                  
Issuance of restricted shares, amount 0   $ 2,500   (2,500)   0   0   0  
Issuance of common stock to consultant, shares     60,000                  
Issuance of common stock to consultant, amount 183,600   $ 600   183,000   0   0   0  
Board fee liabilities to be settled with shares 240,000   $ 0   240,000   0   0   0  
Settlement of liability with consultants, shares     60,000                  
Settlement of liability with consultants, amount 183,600   $ 600   183,000   0   0   0  
Stock-based compensation expense 2,518,016   0   2,518,016   0   0   0  
Contribution from noncontrolling interest in VIE 807,975   0   0   0   0   807,975  
Distribution to noncontrolling interest of VIE (18,422)   0   0   0   0   (18,422)  
Foreign currency translation 763,420   0   0   763,420   0   0  
Net loss (8,881,442)   $ 0   0   0   (8,932,925)   51,483  
Balance, shares at Jun. 30, 2024     52,132,833                  
Balance, amount at Jun. 30, 2024 14,361,740   $ 521,329   50,911,752   (701,291)   (39,720,310)   3,350,260  
Balance, shares at Dec. 31, 2024     72,068,059                  
Balance, amount at Dec. 31, 2024 51,166,440   $ 720,681   105,515,005   (2,164,313)   (56,172,881)   3,267,948  
Stock-based compensation expense 1,889,701   0   1,889,701   0   0   0  
Distribution to noncontrolling interest of VIE (38,304)   0   0   0   0   (38,304)  
Foreign currency translation 1,170,701   0   0   1,170,701   0   0  
Net loss (8,461,432)   $ 0   0   0   (8,446,197)   (15,235)  
Balance, shares at Mar. 31, 2025     72,068,059                  
Balance, amount at Mar. 31, 2025 45,727,106   $ 720,681   107,404,706   (993,612)   (64,619,078)   3,214,409  
Balance, shares at Dec. 31, 2024     72,068,059                  
Balance, amount at Dec. 31, 2024 51,166,440   $ 720,681   105,515,005   (2,164,313)   (56,172,881)   3,267,948  
Foreign currency translation 2,193,461                      
Net loss (83,618,591)                      
Balance, shares at Jun. 30, 2025     83,905,417                  
Balance, amount at Jun. 30, 2025 28,311,060   $ 839,054   164,045,692   29,148   (139,681,935)   3,079,101  
Balance, shares at Mar. 31, 2025     72,068,059                  
Balance, amount at Mar. 31, 2025 $ 45,727,106   $ 720,681   107,404,706   (993,612)   (64,619,078)   3,214,409  
Issuance of common stock from public offering, net of issuance costs, shares 280,000     7,518,797                
Issuance of common stock from public offering, net of issuance costs $ 1,748,900 $ 46,761,370   $ 75,188   $ 46,686,182   $ 0   $ 0   $ 0
Issuance of common stock from exercise of warrants, shares     1,294,778                  
Issuance of common stock from exercise of warrants 4,915,312   $ 12,948   4,902,364   0   0   0  
Issuance of restricted shares, shares     2,923,783                  
Issuance of restricted shares, amount 0   $ 29,237   (29,237)   0   0   0  
Settlement of liability with consultants, shares     100,000                  
Settlement of liability with consultants, amount 653,000   $ 1,000   652,000   0   0   0  
Stock-based compensation expense 4,429,677   0   4,429,677   0   0   0  
Distribution to noncontrolling interest of VIE (41,006)   0   0   0   0   (41,006)  
Foreign currency translation 1,022,760   0   0   1,022,760   0   0  
Net loss (75,157,159)   $ 0   0   0   (75,062,857)   (94,302)  
Balance, shares at Jun. 30, 2025     83,905,417                  
Balance, amount at Jun. 30, 2025 $ 28,311,060   $ 839,054   $ 164,045,692   $ 29,148   $ (139,681,935)   $ 3,079,101