v3.26.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 7,078,659 $ 4,965,072
Accounts receivable, net of credit losses of $7,220 and $7,326 as of March 31, 2026 and December 31, 2025, respectively 385,009 195,703
Inventories, net of reserves of $28,048 and $34,524 as of March 31, 2026 and December 31, 2025, respectively 238,282 257,132
Prepaids and other current assets 441,075 315,283
Total current assets 8,143,025 5,733,190
Property and Equipment, at Cost 382,465 382,465
Less - accumulated depreciation (314,935) (306,901)
Property and equipment, net 67,530 75,564
Other Assets:    
Operating lease right of use asset, net 245,350 261,565
Intangible assets, net 266,494 274,778
Other non-current assets 23,307 58,939
Total Assets 8,745,706 6,404,036
Current Liabilities:    
Accounts payable 305,296 139,365
Accrued expenses 2,261,447 2,393,229
Current portion of operating lease payable 68,789 65,752
Notes payable 100,735 148,293
Customer deposits 29,585 28,660
Warrant liabilities 48,306 16,800
Total current liabilities 2,814,158 2,792,099
Non-Current Liabilities:    
Operating lease payable, net of current portion 183,998 202,566
Other non-current liabilities 9,999
Total liabilities 2,998,156 3,004,664
Stockholders’ Equity    
Convertible Series B Preferred stock, $0.001 par value; 5,000,000 shares authorized, 3,796,907 shares issued and outstanding as of March 31, 2026 and December 31, 2025 3,797 3,797
Common stock, $0.001 par value; 100,000,000 shares authorized; 11,450,045 and 10,652,812 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 11,450 10,653
Additional paid in capital 72,093,902 67,985,089
Accumulated deficit (66,361,599) (64,600,167)
Total stockholders’ equity 5,747,550 3,399,372
Total Liabilities and Stockholders’ Equity $ 8,745,706 $ 6,404,036