v3.26.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Cash Balances by Geographic Area

At December 31, 2025 and 2024, the Company’s cash balances by geographic area were as follows:

 

Country:  December 31, 2025   December 31, 2024 
United States  $108,599    99.5%  $2,646,395    99.6%
China   492    0.5%   11,787    0.4%
Total cash  $109,091    100.0%  $2,658,182    100.0%
Schedule of Derivative Liability Measured at Fair Value The table below reflects the activity of derivative liability measured at fair value for the years ended December 31, 2025 and 2024:
   Significant
Unobservable
Inputs
(Level 3)
 
Balance of derivative liability as of January 1, 2024  $24,796 
Initial fair value of derivative liability attributable to warrants issuance with March and June 2024 fund raises   479,468 
Reclassification of additional paid-in capital upon conversion   (2,354)
Gain from change in the fair value of derivative liability   (374,365)
Balance of derivative liability as of December 31, 2024   127,545 
Initial fair value of derivative liability attributable to Second Warrant issuance with June 2024 fund raise (See Note 11)   621,353 
Gain from change in the fair value of derivative liability   (538,213)
Reclassification of additional paid-in capital upon conversion   (176,529)
Balance of derivative liability as of December 31, 2025  $34,156 
Schedule of Securities that were Excluded from the Diluted Per Share

The following table summarizes the securities that were excluded from the diluted per share calculation because the effect of including these potential shares was antidilutive:

 

   Years Ended December 31, 
   2025   2024 
Options to purchase common stock   41,169    52,479 
Warrants to purchase common stock   95,746    182,996 
Series A convertible preferred stock (*)   
-
    60,000 
Series B convertible preferred stock (**)   
-
    194,004 
Series C convertible preferred stock (***)   1,576,763    1,452,282 
Series D convertible preferred stock (****)   2,074,689    
-
 
Series E convertible preferred stock (*****)   13,000,000    
-
 
Convertible notes and related accrued interest (******)   788,283    227,269 
Potentially dilutive securities   17,576,650    2,169,030 

 

(*)Assumed the Series A convertible preferred stock was converted into shares of common stock of the Company at a conversion price of $150.00 per share.

 

(**)Assumed the Series B convertible preferred stock was converted into shares of common stock of the Company at a conversion price of $56.70 per share.

 

(***)Assumed the Series C convertible preferred stock was converted into shares of common stock of the Company at a conversion price of $2.41 per share.

 

(****)Assumed the Series D convertible preferred stock was converted into shares of common stock of the Company at a conversion price of $2.41 per share.

 

(*****)Assumed the Series E convertible preferred stock was converted into shares of common stock of the Company at a conversion price of $1.50 per share.

 

(******)Assumed the convertible notes were converted into shares of common stock of the Company at a conversion price of $1.00 per share for the years ended December 31, 2025. Assumed the convertible notes were converted into shares of common stock of the Company at a conversion price of $11.25 per share for the year ended December 31, 2024.