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 $ (4,571,623) $ (3,698,414)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 209,315 164,004
Amortization of debt discount 3,636 0
Non-cash lease expense 41,040 28,704
Issuance of common stock for services 4,000 66,900
Stock-based compensation 1,327,426 709,463
Changes in operating assets and liabilities:    
Accounts receivable (1,737,111) 175,630
Unbilled accounts receivable 0 14,640
Other accounts receivable (53,273) (510,410)
Inventory (300,678) (175,080)
Contract assets 91,100 (60,392)
Prepaid expenses (68,480) 93,097
Other assets 184,253 5,000
Accounts payable and accrued expenses 134,410 (86,866)
Accrued bonuses 25,000 (190,000)
Unearned revenue 2,205,583 (27,683)
Other liabilities 25,227 20,719
Operating lease liabilities (28,166) (23,789)
Net Cash Used In Operating Activities (2,508,341) (3,494,477)
Cash Flows from Investing Activities    
Purchases of property and equipment (345,949) (297,322)
Net Cash Used In Investing Activities (345,949) (297,322)
Cash Flows from Financing Activities    
Repayments on note payable (64,954) 0
Repayments on financing liability (1,985) 0
Repayment on secured promissory note (630,000) 0
Proceeds from the issuance of convertible notes 800,000 0
Proceeds from the exercise of stock options 0 24,000
Net Cash Provided by Financing Activities 103,061 24,000
Net Decrease in Cash and Cash Equivalents (2,751,229) (3,767,799)
Cash and cash equivalents, beginning of the period 3,198,682 10,651,644
Cash and cash equivalents, end of the period 447,453 6,883,845
SUPPLEMENTAL CASHFLOW DISCLOSURES:    
Cash paid for interest 0 0
Cash paid for taxes 0 0
Supplemental cash flow of investing and financing activities    
Recognition of initial ROU asset and operating lease liability 372,582 0
Warrants issued with convertible notes recorded as debt discount 174,767 0
Issuance of shares of common stock for vested restricted stock units 17 0
Issuance of shares of common stock for cashless stock option exercises $ 18 $ 0