v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Dec. 31, 2024
ASSETS      
Cash $ 286,000 $ 680,000 $ 753,000
Restricted cash 3,930,000 3,930,000
Accounts Receivable, Net of Allowance for Credit Losses 7,485,000 7,071,000 8,900,000
Inventory 35,282,000 34,261,000 28,811,000
Prepaid Expenses and Other Current Assets 1,140,000 766,000 371,000
Contract Costs Receivable   296,000
Prepaid Taxes 77,000 76,000 56,000
Total Current Assets 48,200,000 46,784,000 39,187,000
Property and Equipment, Net 9,215,000 9,501,000 8,809,000
Finance Lease Right-Of-Use-Assets 867,000 916,000 1,113,000
Operating Lease Right-Of-Use-Assets 346,000 514,000 1,190,000
Deferred Financing Costs, Net, Deposits and Other Assets 588,000 614,000 712,000
TOTAL ASSETS 59,216,000 58,329,000 51,011,000
Current Liabilities      
Debt 25,102,000 23,721,000 18,362,000
Accounts Payable and Accrued Expenses 7,178,000 7,903,000 7,015,000
Operating Lease Liabilities 473,000 702,000 881,000
Deferred Gain on Sale 19,000 28,000 38,000
Customer Deposits 968,000 391,000 1,115,000
Total Current Liabilities 38,611,000 37,616,000 27,411,000
Long Term Liabilities      
Debt 1,460,000 1,512,000 1,759,000
Operating Lease Liabilities 702,000
Deferred Gain on Sale   29,000
TOTAL LIABILITIES 40,071,000 39,128,000 36,063,000
Commitments and Contingencies  
Stockholders’ Equity      
Preferred Stock Value
Common Stock Value 5,000 5,000 3,000
Additional Paid-In Capital 90,572,000 89,608,000 84,052,000
Accumulated Deficit (71,432,000) (70,412,000) (69,107,000)
TOTAL STOCKHOLDERS’ EQUITY 19,145,000 19,201,000 14,948,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 59,216,000 58,329,000 51,011,000
Related Party      
Current Liabilities      
Subordinated Notes – Related Party $ 4,871,000 4,871,000
Long Term Liabilities      
Subordinated Notes – Related Party   $ 6,162,000