v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 1,346,132 $ 5,266,286
Accounts receivable, net of allowance for credit losses of $1,125,816 and $835,007 as of March 31, 2026, and December 31, 2025, respectively 2,671,169 2,520,844
Due from related party 312,947 304,614
Prepaids and other current assets 511,051 273,663
Total current assets 4,841,299 8,365,407
Non-current assets    
Long-term investments 749,800 0
Right-of-use assets, net 10,881 13,304
Intangible assets, net 8,232,500 8,785,000
Goodwill 4,916,694 4,916,694
Fixed assets, net 265,245 332,614
Total assets 19,016,419 22,413,019
Current liabilities    
Accounts payable and accrued liabilities 8,529,725 11,536,775
Deferred revenue 1,446,585 1,324,485
Due to related parties 51,900 51,900
Operating lease liabilities 10,881 10,394
Financing lease liabilities 0 131,062
Encompass Purchase Liability 400,000 650,000
Common stock issuance obligation 12,798 18,941
Total current liabilities 11,794,576 16,244,608
Non-current liabilities    
Notes payable, less current portion, net of discount 781,581 593,941
Operating lease liabilities, less current portion 0 2,910
Deferred tax liabilities, net 119,192 119,192
Total liabilities 12,695,349 16,960,651
Commitments, Contingencies, and Concentration Risk (Note 9) 0 0
STOCKHOLDERS’ EQUITY    
Common stock, $0.0001 par value; 100,000,000 shares authorized 47,299,421 and 33,193,140 shares issued and outstanding as of March 31, 2026, and December 31, 2025 4,730 3,319
Additional paid-in capital 91,333,323 87,865,771
Accumulated deficit (85,016,985) (82,416,723)
Total stockholders’ equity 6,321,070 5,452,368
Total liabilities and stockholders’ equity 19,016,419 22,413,019
Notes payable, net of discount    
Current liabilities    
Notes payable, net of discount 524,093 880,175
September 2024 Convertible Note, at fair value    
Current liabilities    
Convertible notes, at fair value 346,943 713,128
Line of credit    
Current liabilities    
Loan payable, related party, net of discount 471,651 471,651
Line of credit 0 456,097
Series A Preferred Stock    
STOCKHOLDERS’ EQUITY    
Preferred stock, value 1 1
Series B Preferred Stock    
STOCKHOLDERS’ EQUITY    
Preferred stock, value $ 1 $ 0