v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 706,740 $ 157,139
Accounts receivable 36,500 4,096
Inventory 963,028 108,705
Prepaid expenses 243,823 297,462
Deferred offering costs 0 86,314
Income taxes receivable 0 301,838
Total current assets 1,950,091 955,554
Operating lease right of use asset 300,221 384,879
Property and equipment, net of accumulated depreciation of $775,783 and $701,655, respectively 101,621 113,906
Intangible assets, net of accumulated amortization of $55,652 and $51,105, respectively 15,094 19,641
Total assets 2,367,027 1,473,980
Current liabilities:    
Accounts payable 4,494,923 4,058,091
Accrued interest 1,175,845 1,175,845
Accrued expenses and other liabilities 1,843,464 313,713
Loans payable 189,939 241,158
Consideration payable 67,742 0
Earnout liabilities 49,153 0
Operating lease liability 95,193 87,898
Total current liabilities 7,916,259 5,876,705
Long-term liabilities:    
Earnout payable, net of current portion 102,896 0
Operating lease liability, net of current portion 214,745 309,937
Total liabilities 8,233,900 6,186,642
Commitments and contingencies (see Note 11)
Stockholders' deficit:    
Series A convertible voting preferred stock, $0.0001 par value; 4,243 shares authorized, -0- shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 0 0
Common stock, $0.0001 par value, 250,000,000 shares authorized, and 1,781,738 and 696,969 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 178 70
Additional paid-in capital 69,909,893 64,158,930
Accumulated deficit (75,776,944) (68,871,662)
Total stockholders' deficit (5,866,873) (4,712,662)
Total liabilities and stockholders' deficit $ 2,367,027 $ 1,473,980