v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash $ 14,802,060 $ 16,793,088
Accounts receivable and other receivables, net 61,723 100,028
Inventory 453,815 615,024
Prepaid expenses and other current assets 249,208 420,306
Total current assets 15,566,806 17,928,446
OTHER ASSETS:    
Property and equipment, net 307,757 283,087
Right of use assets, net 39,568 59,010
Intangible assets, net 812,669 834,461
Security deposits 9,800 9,800
Total other assets 1,169,794 1,186,358
TOTAL ASSETS 16,736,600 19,114,804
CURRENT LIABILITIES:    
Accounts payable 463,647 461,306
Accrued expenses 207,110 278,119
Due to related parties 437,090 437,362
Contract liabilities 28,230 18,897
Lease liabilities, current portion 36,554 55,160
Total current liabilities 1,172,631 1,250,844
LONG-TERM LIABILITIES    
Note payable 146,000 146,000
Lease liabilities, net of current portion 947
Total long-term liabilities 146,000 146,947
Total liabilities 1,318,631 1,397,791
STOCKHOLDERS’ EQUITY    
Common stock; $0.0001 par value, 200,000,000 shares authorized, 20,889,586 shares issued and 20,586,317 outstanding at March 31, 2026, and 20,899,270 shares issued and 20,736,816 outstanding at December 31, 2025 2,089 2,090
Treasury Stock; at cost, 303,269 and 162,454 shares of common stock at March 31, 2026 and December 31, 2025, respectively (1,407,113) (676,034)
Additional paid-in capital 48,190,008 46,964,487
Accumulated deficit (31,367,015) (28,573,530)
Total stockholders’ equity 15,417,969 17,717,013
Total liabilities and stockholders’ equity 16,736,600 19,114,804
Series A Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY    
Preferred stock, value
Series B Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY    
Preferred stock, value
Series C Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY    
Preferred stock, value