v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash $ 5,211,188 $ 5,674,302
Marketable securities 50,551 676,596
Interest receivable 15,287 7,348
Prepaid assets 631,082 991,903
TOTAL CURRENT ASSETS 5,908,108 7,350,149
PROPERTY AND EQUIPMENT    
Furniture and fixtures, net 9,727 9,873
OTHER ASSETS    
Investments 13,159,346 7,860,083
Intangible assets, net 316,094 361,250
Co-development rights, net 304,167 554,167
Right of use asset, net of accumulated amortization 89,251 18,399
Total other assets 13,868,858 8,793,899
TOTAL ASSETS 19,786,693 16,153,921
CURRENT LIABILITIES    
Accounts payable 1,011,172 888,755
Accrued expenses 60,140 41,054
Convertible notes payable, in default 100,000 100,000
Right of use liability, current portion 40,323 18,875
Customer deposit 485,684 599,455
Other current liabilities 120,000 120,000
TOTAL CURRENT LIABILITIES 1,817,319 1,768,139
LONG TERM LIABILITIES    
SBA loan payable 150,000 150,000
Derivative liability warrants 187,500 167,625
Right of use liability, non-current portion 53,030 0
TOTAL LONG TERM LIABILITIES 390,530 317,625
TOTAL LIABILITIES 2,207,849 2,085,764
COMMITMENTS AND CONTINGENCIES (NOTE 10)
STOCKHOLDERS’ EQUITY    
Common stock, $0.0001 par value, 150,000,000 shares authorized, 6,553,996 and 5,746,948 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 656 575
Additional paid-in capital 134,700,105 127,201,691
Subscription receivable (3,653,456) (3,686,544)
Accumulated deficit (113,870,346) (109,953,728)
TOTAL STOCKHOLDERS’ EQUITY - CONTROLLING INTERESTS 17,176,959 13,561,994
TOTAL STOCKHOLDERS’ EQUITY - NONCONTROLLING INTERESTS 401,885 506,163
TOTAL STOCKHOLDERS’ EQUITY 17,578,844 14,068,157
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 19,786,693 16,153,921
Series A Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, 10,000 designated as Series A, zero shares issued and outstanding $ 0 $ 0