v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Dec. 31, 2023
Current assets      
    Cash $ 7,966,500 $ 7,827,487 $ 1,283,523
    Accounts receivable 12,927 18,612 4,960
    Prepaid expenses and other current assets 723,921 944,683 1,477,197
Total current assets 8,703,348 8,790,782 2,765,680
Long-term assets      
    Property and equipment, net 621,903 672,861 571,873
    Right of use assets, net 347,298 432,397 575,227
    Intangible assets, net 5,333 21,333
    Deposits 12,850 12,850 12,850
    Patent costs, net 711,148 701,089 515,402
Total assets 10,396,547 10,615,312 4,462,365
Current liabilities      
    Accounts payable and accrued expenses 48,724 87,661 243,213
    Lease liability - current 244,182 237,270 223,929
    Finance agreement payable 76,691 306,764 374,000
Total current liabilities 369,597 631,695 841,142
Long-term liabilities      
   Lease liability – long term 302,251 425,829 663,099
Total liabilities 671,848 1,057,524 1,504,241
Stockholders' equity      
Preferred stock, $.00001 par value; authorized - 100,000,000 shares; 0 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively
Common stock, $.00001 par value; authorized - 300,000,000 shares; 1,740,269 and 1,531,468 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 17 [1] 15 [1] 205
    Additional paid-in capital 35,794,778 32,309,606 17,326,299
    Accumulated deficit (26,070,096) (22,751,833) (14,368,380)
Total stockholders' equity 9,724,699 9,557,788 2,958,124
Total liabilities and stockholders' equity $ 10,396,547 $ 10,615,312 $ 4,462,365
[1] Retroactively restated for thirty-for-one share consolidation on May 12, 2025.