v3.26.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,818,989 $ 6,880,835
Accounts receivable and other receivables, net of allowance for doubtful accounts of $646,436 and $646,067 at March 31, 2026 and December 31, 2025, respectively 132,848 48,298
Prepaid expenses and other current assets 532,192 25,457
Total current assets 3,484,029 6,954,590
Property and equipment, net 23,134 25,543
Internally developed software, net 2,836,481 1,270,017
Intangible assets under development 1,000,000
Operating lease right-of-use asset 253,914 269,160
Security deposits 12,100 12,100
Total assets 6,609,658 9,531,410
Current liabilities:    
Accounts payable 4,707,393 5,362,604
Accrued expenses 643,503 619,242
Operating lease current obligation 59,032 56,925
Deferred revenue 189,735 192,535
Total current liabilities 5,599,663 6,231,306
Operating lease long-term obligation 195,957 211,873
Total liabilities 5,795,620 6,443,179
Commitments and contingencies (See Note 9)
Stockholders’ equity    
Common stock, $0.0001 par value, 200,000,000 shares authorized, 741,595 issued and 741,556 outstanding at March 31, 2026 and 212,004 issued and 211,965 outstanding at December 31, 2025 2,967 848
Additional paid-in capital 85,436,613 85,437,703
Treasury stock, 39 shares at March 31, 2026 and December 31, 2025, at cost (172) (172)
Accumulated deficit (84,625,370) (82,350,149)
Total stockholders’ equity 814,038 3,088,231
Total liabilities and stockholders’ equity 6,609,658 9,531,410
Series C Convertible Preferred Stock    
Stockholders’ equity    
Series C convertible preferred stock, $0.0001 par value 50,000,000 shares authorized, 3,045 issued and outstanding at March 31, 2026 and 6,875 issued and outstanding as at December 31, 2025 $ 1