v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities    
Net loss $ (1,451,407) $ (2,190,986)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 27,487 29,052
Stock-based compensation 79,745 454,332
Amortization of intangible assets 190,449 190,449
Amortization of product development costs 109,435 108,339
Amortization of software development costs 284,730 171,585
Loss on disposal of fixed assets 1,617
Amortization of operating lease right-of-use assets 12,925
Change in unrealized loss (gain) on investments 683 (4,291)
Changes in operating assets and liabilities:    
Accounts receivable (572) (230,432)
Inventory (440,981) 359,418
Prepaid expenses and other current assets (11,930) (95,877)
Accounts payable (308,237) (361,534)
Accrued expenses (118,361) (206,704)
Deferred revenue (8,824) 124,963
Other long-term liabilities (13,850)
Net Cash Used in Operating Activities (1,647,091) (1,651,686)
Cash Flows from Investing Activities    
Purchase of equipment and website development (26,801)
Product development costs (222,884)
Software development costs (51,032) (173,524)
Redemption/sale of government securities 1,792,458
Purchase of investments in government securities (1,227,608) (5,994,900)
Net Cash Provided by (Used in) Investing Activities 264,133 (6,168,424)
Cash Flows from Financing Activities    
Proceeds from the sale of common stock and warrants 14,377,835
Fees paid in connection with equity offerings (1,321,751)
Proceeds from exercise of warrants for common stock 22,147
Series C redeemable preferred stock dividends (75,000) (75,000)
Net Cash (Used in) Provided by Financing Activities (75,000) 13,003,231
Net (Decrease) Increase in Cash and Cash Equivalents (1,457,958) 5,183,121
Cash and Cash Equivalents - Beginning of Period 3,567,487 3,806,915
Cash and Cash Equivalents - End of Period 2,109,529 8,990,036
Non-cash investing and financing activities:    
Series H preferred stock conversion to common stock 472,245
Website development costs included in accounts payable 16,699 680
Fees in connection with offering costs included in accounts payable and accrued expenses 444,944
Product development costs included in accounts payable and accrued expenses 75,518
Software development costs included in accounts payable and accrued expenses $ 2,667 $ 189,298