v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities:    
Net loss $ (2,725,099) $ (2,358,342)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 356,894 442,002
Amortization of debt discount and accrued interest 87,504 168,030
Stock-based compensation 218,325 241,245
Amortization of right-of-use assets 172,864 134,824
Deferred taxes (377) (339)
Loss on disposal of property and equipment 0 61,306
Changes in assets and liabilities:    
Accounts receivable (317,277) (933,161)
Inventories (173,049) 21,532
Contract assets 84,627 850,839
Prepaid expenses and other current assets (399,522) (334,468)
Accounts payable 526,117 405,038
Accrued expenses 355,850 114,203
Operating lease liabilities (172,864) (134,824)
Contract liabilities 44,536 24,929
Net Cash used in Operating Activities (1,941,471) (1,297,186)
Cash Flows from Investing Activities:    
Purchase of property and equipment (269,724) (163,465)
Proceeds from the disposal of property and equipment 0 52,605
Net Cash used in Investing Activities (269,724) (110,860)
Cash Flows from Financing Activities:    
Repayments of finance lease liabilities (126,767) (113,637)
Proceeds from related party loan 0 1,089,571
Acquisition of common stock for tax withholding obligations (182,499) 0
Capital contribution from noncontrolling interest 0 13,788
Net Cash provided by (used in) Financing Activities (309,266) 989,722
Effect of exchange rate changes on cash, cash equivalents and restricted cash 182,815 (2,973)
Net Change in Cash, Cash Equivalents, and Restricted Cash (2,337,646) (421,297)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 5,070,385 10,868,729
Cash, Cash Equivalents, and Restricted Cash at End of Period 2,732,739 10,447,432
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 25,005 46,593
Non-Cash Investing and Financing Activities    
Financed purchases of property and equipment $ 0 $ 137,691