Summary of Significant Accounting Policies (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Accounting Policies [Abstract] |
|
| Schedule of Disaggregated Revenue by Timing of Revenue Recognition |
The
following table provides information about disaggregated revenue by timing of revenue recognition:
| | |
December 31, | | |
December 31, | |
| | |
2025 | | |
2024 | |
| Timing of revenue recognition | |
| | |
| |
| Products and services transferred over time | |
$ | 4,272,832 | | |
$ | 5,129,440 | |
| Products and services transferred at a point in time | |
| 10,345,352 | | |
| 5,291,912 | |
| Total Revenue | |
$ | 14,618,184 | | |
$ | 10,421,352 | |
|
| Schedule of Net Loss Per Common Share |
| | |
Year Ended December 31, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Net loss | |
$ | (14,712,850 | ) | |
$ | (57,702,015 | ) |
| Weighted average shares outstanding – basic and diluted | |
| 20,143,393 | | |
| 10,213,036 | |
| Net loss per share – basic and diluted | |
$ | (0.73 | ) | |
$ | (5.65 | ) |
| Excluded securities:(1) | |
| | | |
| | |
| Public Warrants | |
| 9,877,432 | | |
| 11,500,000 | |
| Private Warrants | |
| 557,000 | | |
| 557,000 | |
| Bridge Warrants | |
| 173,913 | | |
| 173,913 | |
| Extension Warrants | |
| 26,086 | | |
| 26,086 | |
| September 2024 Warrants | |
| 740,741 | | |
| 740,741 | |
| Common Stock Warrants | |
| 19,672,130 | | |
| - | |
| Quantum Convertible Note, related party (2) | |
| 206,928 | | |
| 1,862,466 | |
| Exchange Note (3) | |
| - | | |
| 827,330 | |
| September 2024 Convertible Note (3) | |
| - | | |
| 1,258,733 | |
| Series A Preferred stock common stock equivalents (4) | |
| 894,000 | | |
| 3,079,000 | |
| Stock options granted | |
| 803,646 | | |
| 803,646 | |
| Common stock issuance obligation | |
| 51,192 | | |
| 51,192 | |
| (1) | The Company’s dilutive shares have not been included in
the computation of diluted net loss per share for the years ended December 31, 2025 and 2024, as the result would be anti-dilutive. |
| (2) | Includes
the interest amount thereon and assumes the floor conversion price of $2.00, was partially converted during the year in 2025. |
| (3) | Fully
converted during the year 2025. |
| (4) | Assumes
the maximum conversion thereon and at the floor conversion price of $2.00, partially converted during the year 2025. |
|
| Schedule of Allowance for Credit Losses |
| | |
December 31, | | |
December 31, | |
| | |
2025 | | |
2024 | |
| Beginning allowance for credit losses | |
$ | 2,393,033 | | |
$ | 32,457 | |
| Add: Allowance for credit losses, due to acquisition | |
| — | | |
| 1,696,553 | |
| Add: Provision for credit losses | |
| 1,029,317 | | |
| 514,282 | |
| (Less)/Add: Accounts receivable write-off included in allowance for credit losses above | |
| (2,587,343 | ) | |
| 149,741 | |
| Ending allowance for credit losses | |
$ | 835,007 | | |
$ | 2,393,033 | |
|
| Schedule of Deferred Revenue Activities |
| | |
December 31, | | |
December 31, | |
| | |
2025 | | |
2024 | |
| Beginning of year | |
$ | 487,814 | | |
$ | 902,524 | |
| Additions | |
| 2,431,300 | | |
| 1,519,617 | |
| Revenue recognized | |
| (1,594,629 | ) | |
| (1,934,327 | ) |
| End of year | |
$ | 1,324,485 | | |
$ | 487,814 | |
|
| Schedule of Fixed Assets are Depreciated Using the Straight-Line Method Over the Estimated Useful Lives of the Assets |
| | |
Estimated Useful Life |
| Office equipment | |
3-5 years |
| Medical equipment | |
3-10 years |
| Furniture | |
3-7 years |
| Leased equipment | |
Shorter of lease term or estimated useful life |
| Leasehold improvements | |
3-7 years |
|
| Schedule of Identifiable Intangible Assets Subject to Amortization |
| | | Estimated | | December 31, | | | December 31, | | | | | Useful Life | | 2025 | | | 2024 | | | Customer relationships | | 10 years | | | 2,100,000 | | | | 2,100,000 | | | Developed technology | | 5 years | | | 10,000,000 | | | | 10,000,000 | | | Accumulated amortization | | | | | (3,315,000 | ) | | | (1,105,000 | ) | | Intangible assets, net | | | | $ | 8,785,000 | | | $ | 10,995,000 | |
|
| Schedule of Expected Amortization Expense |
| Year ending December 31, 2026 | |
| 2,210,000 | |
| Year ending December 31, 2027 | |
| 2,210,000 | |
| Year ending December 31, 2028 | |
| 2,210,000 | |
| Year ending December 31, 2029 | |
| 1,210,000 | |
| Year ending December 31, 2030 | |
| 210,000 | |
| Thereafter | |
| 735,000 | |
| Total | |
$ | 8,785,000 | |
|