v3.26.1
Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities    
Net loss $ (7,467,427) $ (9,003,745)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 87,609 114,643
Stock based compensation 1,245,198 1,636,287
Amortization of intangible assets 761,796 761,796
Amortization of product development costs 436,112 328,539
Amortization of software development costs 754,962 405,449
Loss on disposal of fixed assets 2,718 1,655
Fair value of Series H preferred stock issued to Series B holders 1,523,370
Amortization of operating lease right-of-use assets 56,527
Change in fair value of government securities (64,361)
Changes in operating assets and liabilities:    
Accounts receivable (1,457) 9,292
Inventory (351,342) 128,493
Prepaid expenses and other current assets (204,593) (16,495)
Accounts payable (344,880) (276,625)
Accrued expenses 63,123 (92,619)
Deferred revenue 14,721 225,195
Other long-term liabilities (49,044)
Net Cash Used in Operating Activities (5,060,338) (4,254,765)
Cash flows from Investing Activities    
Purchase of equipment and website development (71,255) (25,568)
Product development costs (232,724) (435,285)
Software development costs (1,117,307) (999,708)
Redemption/sale of government securities 4,582,537
Purchase of government securities (10,461,394)
Net Cash Used in Investing Activities (7,300,143) (1,460,561)
Cash flows from Financing Activities    
Proceeds from sale of common stock and warrants 14,377,835 4,492,198
Fees paid in connection with equity offerings (1,978,929) (1,210,540)
Common stock withheld to pay taxes (4,235)
Warrants exercised for common stock 22,147 146,654
Series C redeemable preferred stock dividends (300,000) (300,000)
Net Cash Provided by Financing Activities 12,121,053 3,124,077
Net Decrease in Cash and Cash Equivalents (239,428) (2,591,249)
Cash and Cash Equivalents - Beginning of Year 3,806,915 6,398,164
Cash and Cash Equivalents - End of Year 3,567,487 3,806,915
Income taxes, net of refunds    
Federal
Foreign
Total income taxes, net of refunds 13,810 20,579
Non-cash investing and financing activities:    
Product development costs included in accounts payable and accrued expenses 76,663 8,405
Software development costs included in accounts payable and accrued expenses 73,474 124,931
Series H preferred stock conversion to common stock 472,245 1,051,125
Website development included in accounts payable 20,396
Lease liabilities and right-of-use assets arising from lease extension 331,944
KENTUCKY    
Income taxes, net of refunds    
State 9,000 19,540
Other [Member]    
Income taxes, net of refunds    
State $ 4,810 $ 1,039