v3.26.1
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue $ 8,069,610 $ 5,206,810
Cost of revenue 3,902,051 2,837,600
Gross profit 4,167,559 2,369,210
Operating expenses:    
General and administrative 2,444,745 1,908,383
Marketing and selling 1,576,962 1,606,876
Research and development 817,039 1,205,142
Total operating expenses 4,838,746 4,720,401
Loss from operations (671,187) (2,351,191)
Other income (expense), net:    
Interest income 296,138 73,066
Other income (expense), net 12,461 (1,267)
Total other income, net 308,599 71,798
Loss before income taxes (362,588) (2,279,393)
Loss from continuing operations (362,588) (2,279,393)
(Loss) income from discontinued operations, net of income taxes (157,274) 261,759
Net income (loss) $ (519,862) $ (2,017,634)
Basic:    
Basic: Continuing operations $ (0.01) $ (0.11)
Basic: Discontinued operations (0.01) 0.01
Basic loss per share (0.02) (0.09)
Diluted:    
Diluted: Continuing operations (0.01) (0.11)
Diluted: Discontinued operations (0.01) 0.01
Diluted loss per share $ (0.02) $ (0.09)
Weighted average common shares outstanding:    
Basic 24,680,886 21,384,599
Diluted 24,680,886 22,000,265
Product    
Revenue $ 7,064,248 $ 4,796,435
Cost of revenue 3,635,581 2,487,818
Customer Funded Development    
Revenue 1,005,362 410,375
Cost of revenue $ 266,470 $ 349,782