v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 266,382 $ 2,594,716
Accounts receivable, net of allowance for doubtful accounts of $84,219 and $75,689, respectively 1,218,784 946,996
AR from related party 663,751 728,990
Inventories, net 119,209 58,435
Prepaid expense and other current assets 665,284 550,000
Total current assets 7,822,550 6,879,137
Property and equipment, net 2,651,527 2,894,893
Operating lease right-of-use asset 2,159,446 2,160,871
Long-term prepayment 1,300,000 1,000,000
Other assets 217,952 246,189
Total assets 14,151,475 13,181,090
Current liabilities:    
Accounts payable 650,655 561,457
Accrued expenses and current liabilities 831,201 815,245
Loan payable to shareholder 70,000 70,000
Loans payable to financial institutions, current 421,310 109,247
Loans payable to others 269,026 279,026
Loan Payable to related party 440,183 153,605
Convertible debt, net of debt discount of $501,596 and $900,198, respectively 3,665,069 3,266,467
Derivative Liability 550,832 503,384
Loan payable, emergency injury disaster loan, current 21,327 22,452
Loan payable, payroll protection program, current 45,596 26,307
Operating lease liabilities, current 801,841 879,416
Total current liabilities 8,812,886 6,686,606
Loan payable, emergency injury disaster loan, net of current 469,940 469,940
Loan payable, payroll protection program, net of current 6,430 25,718
Operating lease liabilities, net of current 1,417,006 1,352,961
Total liabilities 10,706,261 8,535,225
Commitments and Contingencies
Stockholders’ equity    
Common Stock, $0.0001 par value, 40,000,000 shares authorized; 8,213,455 and 7,850,601shares issued and outstanding, respectively 821 785
Common stock subscription receivables
Common stock issuable, $0.0001 par value, 0 and 170,000 shares issuable, respectively 850,000
Preferred Stock, $0.0001 par value, 1,000,000 shares authorized; no shares issued and outstanding
Additional paid-in capital 35,507,596 34,365,043
Accumulated deficit (32,531,681) (30,704,112)
Accumulated other comprehensive income
Non-controlling interest in subsidiary 468,478 134,149
Total stockholders’ equity 3,445,214 4,645,865
Total liabilities and stockholders’ equity 14,151,475 13,181,090
Related Party    
Current assets:    
Loan receivable from related party 4,889,140 2,000,000
Current liabilities:    
Accounts payable - related party $ 1,045,846