v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (20,975,052) $ (12,434,114)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 752,026 226,039
Non-cash lease expense 119,273 35,450
Issuance of common stock for services 290,872 383,879
Stock-based compensation 3,546,646 1,215,624
Gain on legal settlement 0 (22,303)
Accrued interest added to secured promissory note 30,000 0
Inventory reserve 0 50,000
Changes in operating assets and liabilities:    
Accounts receivable (399,170) (204,941)
Other accounts receivable 17,309 (4,137)
Unbilled accounts receivable 1,653,007 (158,454)
Inventory 229,581 (1,294,081)
Contract assets 45,551 (136,651)
Prepaid expenses 301,110 149,673
Other assets (181,256) (20,847)
Accounts payable and accrued expenses 448,891 215,721
Accrued bonuses (490,000) 570,000
Accrued contract loss provision 600,000 500,000
Accrued legal settlement (335,000) 335,000
Unearned Revenue 115,222 97,683
Other Liabilities 6,105 (19,508)
Operating lease liability (101,320) (73,768)
Net cash used in Operating activities (14,326,205) (10,589,735)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (1,898,212) (554,942)
Increase in intangible assets 0 (98,602)
Net cash used in investing activities (1,898,212) (653,544)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments on note payable (5,042) 0
Repayments on financing liability (106,163) 0
Proceeds from secured promissory note 600,000 0
Proceeds from the exercise of options 24,000 60,000
Gross proceeds from the issuance of common stock 9,312,840 12,291,775
Issuance costs related to sales of common stock (404,200) (902,256)
Warrant repurchase (649,980) 0
Net cash provided by financing activities 8,771,455 11,449,519
Net (decrease) increase in cash (7,452,962) 206,240
Cash and cash equivalents, beginning of year 10,651,644 10,445,404
Cash and cash equivalents, end of year 3,198,682 10,651,644
Supplemental cash flow disclosures    
Cash paid for interest 0 0
Cash paid for taxes 0 0
Supplemental disclosure operating, investing and financing activities    
Cashless stock option exercises 11 100
Equipment purchase in accounts payable 0 118,376
Initial right-of-use asset and liability 0 726,464
Reclassification of inventory to property and equipment 0 1,819,284
Issuance of restricted common stock 20 0
Equipment financed with a note payable 48,191 0
Accrued expense settled with shares of common stock 105,000 0
Prepaid insurance financed 265,505 0
Deemed dividend on warrant modification $ 573,928 $ 0