v3.26.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Dec. 31, 2024
Current assets      
Cash $ 35,508 $ 68,000 $ 735,814
Royalty receivable 7,138 7,138
Prepaid expenses and other current assets 2,346,076 603,267 841,637
Employee advance 7,500
Franchise tax receivable 121,872 121,872 125,068
Total current assets 2,510,594 807,777 1,702,519
Property, plant and equipment, net 127,847 8,050
Total assets 2,638,441 815,827 1,702,519
Current liabilities      
Accounts payable 578,441 609,030 16,487
Accrued liabilities 112,875 143,730 37,252
Excise tax payable   2,348,302
Financing payable 324,800 464,000 663,582
Earnout shares and sponsor earnout shares liability   1,053,084
Warrant liability 937,444 1,146,373 1,950,053
Total current liabilities 8,052,186 8,595,481 7,559,310
Convertible notes payable, net of discount, non-current   2,934,543
Total liabilities 8,052,186 8,595,481 10,493,853
Commitments and contingencies  
Mezzanine equity      
Series C preferred stock, value 41,170,508 41,170,508 71,809,025
Stockholders’ deficit      
Common stock, value 5,141 4,257 1,246
Additional paid-in capital 56,932,762 50,546,906 13,226,787
Accumulated deficit (103,522,156) (99,501,325) (93,828,392)
Total stockholders’ deficit (46,584,253) (48,950,162) (80,600,359)
Total liabilities, mezzanine equity and stockholders’ deficit 2,638,441 815,827 1,702,519
Related Party [Member]      
Current liabilities      
Accrued liabilities payable to related party 26,658 252,830
Accrued interest payable to related party 300,226 188,142 79,859
Convertible notes payable 5,429,670 5,159,534 35,000
Note payable - related party, net of discount   1,375,691
Nonrelated Party [Member]      
Current liabilities      
Convertible notes payable $ 342,072 $ 631,842