v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash $ 29,858,655 $ 3,613,996
Accounts receivable, net 3,448,909 1,432,470
Inventories, net 5,662,384 5,475,857
Prepaid and other current assets 556,655 425,182
Total current assets 39,526,603 10,947,505
Property and equipment, net 331,818 455,592
Right-of-use assets 1,869,589 2,511,572
Intangible assets, net 56,850 1,956,304
Goodwill 0 4,459,644
Other assets 444,481 250,937
Total assets 42,229,341 20,581,554
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)    
Accounts payable 1,610,229 2,786,492
Accrued liabilities 2,300,684 2,360,775
Convertible note 0 1,333,333
Other short-term loan 0 99,735
Contract liabilities 127,874 148,054
Current portion of lease liabilities 849,599 921,038
Total current liabilities 4,993,173 7,886,891
Long-term portion of lease liabilities 1,024,878 1,646,878
Long-term portion of COVID loan 209,563 274,389
Warrant liabilities 50,000 16,400,000
Defined benefit plan obligation 215,021 115,355
Total liabilities 6,492,635 26,323,513
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS’ EQUITY (DEFICIT):    
Common Stock, $0.001 par value, 200,000,000 shares authorized as of December 31, 2025 and December 31,2024, respectively, 43,613,800 and 9,661,664 shares issued and outstanding as of December 31, 2025 and 2024 respectively 43,614 9,662
Additional paid-in capital 266,736,538 212,715,967
Accumulated deficit (231,234,641) (218,381,218)
Accumulated other comprehensive income (loss) 191,185 (86,376)
Total stockholders’ equity (deficit) 35,736,706 (5,741,959)
Total liabilities and stockholders’ equity (deficit) 42,229,341 20,581,554
Series F Convertible Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY (DEFICIT):    
Preferred Stock 4 6
Series G Convertible Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY (DEFICIT):    
Preferred Stock 6 0
SenseFly COVID Loans [Member]    
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)    
Current portion of COVID loan $ 104,787 $ 237,464