v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
NET REVENUES:        
Product $ 2,497,120 $ 728,978 $ 6,446,455 $ 4,770,694
Post contract support 1,612,883 1,375,372 3,994,221 2,828,947
Other services 13,782 42,540 36,407 50,277
Revenues 4,123,785 2,146,890 10,477,083 7,649,918
COST OF NET REVENUES:        
Cost of sales 576,471 273,721 3,255,844 3,217,328
Post contract support 438,283 332,769 907,262 624,270
Other services 11,283 7,883 50,384 40,799
Cost Of Revenue 1,026,037 614,373 4,213,490 3,882,397
GROSS PROFIT 3,097,748 1,532,517 6,263,593 3,767,521
RESEARCH AND DEVELOPMENT EXPENSES 854,196 740,571 1,697,892 1,459,953
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 3,734,211 2,813,827 7,637,930 6,043,806
TOTAL OPERATING EXPENSES 4,588,407 3,554,398 9,335,822 7,503,759
OPERATING LOSS (1,490,659) (2,021,881) (3,072,229) (3,736,238)
OTHER INCOME (EXPENSE) :        
(Loss) gain from change in fair value of earnout liability (193,132) (7,301,585) (919,319) 2,522,020
(Loss) gain from change in fair value of warrant liability (833,001) (14,494,184) 666,401 1,026,999
Interest income, net 110,232 60,599 197,983 138,153
Total other (expense) income, net (915,901) (21,735,170) (54,935) 3,687,172
(LOSS) BEFORE PROVISION FOR INCOME TAXES (2,406,560) (23,757,051) (3,127,164) (49,066)
Provision for income taxes 0 0 0 0
NET (LOSS) (2,406,560) (23,757,051) (3,127,164) (49,066)
OTHER COMPREHENSIVE (LOSS)        
Foreign currency (loss), net (11,811) 0 (20,103) (7,409)
TOTAL COMPREHENSIVE (LOSS) $ (2,418,371) $ (23,757,051) $ (3,147,267) $ (56,475)
NET (LOSS) PER SHARE:        
Basic $ (0.07) $ (0.75) $ (0.09) $ (0.00)
Diluted $ (0.07) $ (0.75) $ (0.09) $ (0.00)
Weighted average shares of common stock outstanding        
Basic 34,435,232 31,873,639 34,408,949 31,789,346
Diluted 34,435,232 31,873,639 34,408,949 31,789,346