v3.26.1
Condensed Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss from continuing operations $ (6,823,265) $ (11,831,129)
Net (loss) income from discontinued operations (33,818,241) 8,128,913
Adjustments to reconcile net loss to net cash used in continuing operations:    
Bad debts expense 26,895 187,363
Depreciation and amortization 33,101 31,644
Non-cash amortization of right-of-use asset and liability 123,721 114,281
Equity compensation 2,396,450 3,690,394
Amortization of debt discounts 81,210 500,821
Decrease (increase) in current assets:    
Accounts receivable 128,250 1,930,749
Prepaid expenses 90,460 180,524
Increase (decrease) in current liabilities:    
Accounts payable (70,155) 514,471
Accrued interest 96,453 0
Accrued expenses (230,122) 327,205
Net cash (used in) continuing operations (4,327,922) (4,353,677)
Net cash (used in) by discontinued operations (22,795) (5,073,068)
Cash used in operations (4,305,127) (9,426,745)
CASH FLOWS FROM INVESTING ACTIVITIES    
Fixed asset additions and disposals, net 0 0
Cash paid for construction in progress 0 0
Net cash used in investing - continuing operations 0 0
Net cash used in investing - discontinued operations 0 (5,927,876)
Cash used in investing 0 (5,927,876)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from common stock offerings, net offering costs of $0 and $1,110,013, respectively 0 0
Proceeds from preferred stock offering 3,000,000 0
Net cash provided by financing activities - continuring operations 3,000,000 0
Net cash provided by financing activities - discontinued operations (943,868) 16,668,024
Net cash provided by financing activities 2,056,132 16,668,024
NET INCRASE (DECREASE) IN CASH AND CASH EQUIVALENTS (2,248,995) 1,313,403
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 3,723,440 2,410,037
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,474,445 3,723,440
SUPPLEMENTAL INFORMATION:    
Interest paid 10,234 667,293
NON-CASH INVESTING AND FINANCING ACTIVITIES DISCONTINUED OPERATIONS:    
Interest received - discontinued operations 0 43,639
Income taxes paid - discontinued operations 0 130,000
Non-cash exercise of warrants 0 5,299,113
Retirement of Notes Payable, related party in non-cash debt exchange (2,500,000) 0
Issuance of Convertible Notes Payable, related party, including accrued interest of $64,568 in debt exchange 290,869 0
Repayment of interest (138,162) 98,750
Repayments of borrowings (239,250) (5,200,363)
Reclassification of construction in progress to property and equipment $ 682,469 $ 3,269,332