v3.26.1
Condensed Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Series V Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2024 $ 2,646,314 $ 18,718 $ 171,283,199 $ (139,948,277) $ 33,999,954
Balance, shares at Dec. 31, 2024 15,033,231 [1] 18,717,743 [2]      
Stock-based compensation $ 180,688 $ 1,491 3,678,188 3,860,367
Stock-based compensation, shares 1,020,834 1,491,215      
Forfeiture of stock-based awards $ (8,731) $ (129) (253,198) (262,058)
Forfeiture of stock-based awards, shares (49,327) (129,327)      
Net loss (17,268,697) (17,268,697)
Issuance of common stock, net of offering cost / At-the-market offering $ 127 228,828 228,955
Issuance of common stock, net of offering cost / At-the-market offering, shares   127,249      
Ending balance, value at Mar. 31, 2025 $ 2,818,271 $ 20,207 174,937,017 (157,216,974) 20,558,521
Balance, shares at Mar. 31, 2025 16,004,738 [1] 20,206,880 [2]      
Beginning balance, value at Dec. 31, 2025 $ 1,975,701 $ 46,853 310,695,935 (173,301,710) 139,416,779
Balance, shares at Dec. 31, 2025 15,671,405 [3] 46,852,737      
Stock-based compensation $ 2,928 2,653,515 2,656,443
Stock-based compensation, shares   2,928,482      
Forfeiture of stock-based awards $ (6) (79,812) (79,818)
Forfeiture of stock-based awards, shares   (5,848)      
Dividends paid (723,218) (723,218)
Net loss (69,164,319) (69,164,319)
Ending balance, value at Mar. 31, 2026 $ 1,975,701 $ 49,775 $ 312,546,420 $ (242,466,029) $ 72,105,867
Balance, shares at Mar. 31, 2026 15,671,405 [3] 49,775,371 [4]      
[1] Includes 1,069,801 restricted shares of Series V Preferred Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
[2] Includes 1,312,301 restricted shares of Common Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
[3] Includes 278,375 restricted shares of Series V Preferred Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
[4] Includes 3,069,272 restricted shares of Common Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.