v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 5,266,286 $ 326,115
Accounts receivable, net of allowance for credit losses of $835,007 and $2,393,033 as of December 31, 2025, and 2024, respectively 2,520,844 1,716,370
Due from related party 304,614 531,656
Prepaids and other current assets 273,663 446,826
Total current assets 8,365,407 3,020,967
Non-current assets    
Right-of-use assets, net 13,304 379,585
Intangible assets, net 8,785,000 10,995,000
Goodwill 4,916,694 4,916,694
Fixed assets, net 332,614 680,242
Total assets 22,413,019 19,992,488
Current liabilities    
Accounts payable and accrued liabilities 11,536,775 9,343,659
Deferred revenue 1,324,485 417,815
Due to related parties 51,900 51,900
Operating lease liabilities 10,394 72,836
Financing lease liabilities 131,062 328,833
Factoring payable 0 179,007
Encompass Purchase Liability 650,000 263,918
Common stock issuance obligation 18,941 69,621
Total current liabilities 16,244,608 19,010,320
Non-current liabilities    
Notes payable, less current portion, net of discount 593,941 593,941
Operating lease liabilities, less current portion 2,910 269,338
Deferred revenue, net of current portion 0 69,999
Deferred tax liabilities, net 119,192 67,378
Total liabilities 16,960,651 20,010,976
Commitments and Contingencies (Note 10) 0 0
STOCKHOLDERS’S EQUITY (DEFICIT)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 1,788 and 6,158 shares issued and outstanding as of December 31, 2025, and December 31, 2024, respectively 1 1
Common stock, $0.0001 par value; 100,000,000 shares authorized; 33,193,140 and 16,297,190 shares issued and outstanding as of December 31, 2025, and 2024, respectively 3,319 1,630
Additional paid-in capital 87,865,771 67,683,754
Accumulated deficit (82,416,723) (67,703,873)
Total stockholders’ equity (deficit) 5,452,368 (18,488)
Total liabilities and stockholders’ equity (deficit) 22,413,019 19,992,488
Equity Line of Credit    
Current liabilities    
Line of credit 0 80,000
Quantum Convertible Note, related party at fair value    
Current liabilities    
Notes payable, current portion 351,307 3,248,000
September 2024 Convertible Note, at fair value    
Current liabilities    
Notes payable, current portion 0 2,094,000
Line of credit    
Current liabilities    
Line of credit 456,097 456,097
Loan payable, related party, net of discount 471,651 471,651
Exchange Note    
Current liabilities    
Notes payable, current portion 0 1,499,000
Notes payable, net of discount    
Current liabilities    
Notes payable, net of discount $ 1,241,996 $ 433,983