| SUPPLEMENTAL FINANCIAL INFORMATION |
NOTE 6. SUPPLEMENTAL FINANCIAL INFORMATION
Balance Sheets
Accounts receivable, net
| Schedule of accounts receivable | |
| | | |
| | |
| | |
June 30,
2026 | |
December 31,
2025 |
| Accounts receivable | |
$ | 34,531 | | |
$ | 35,921 | |
| Less: Allowance for credit losses | |
| (6,359 | ) | |
| (6,241 | ) |
| | |
$ | 28,172 | | |
$ | 29,680 | |
Prepaids expenses:
| Schedule of prepaid expenses | |
| | | |
| | |
| | |
June 30,
2026 | |
December 31,
2025 |
| Prepaid D&O Insurance | |
$ | 225,000 | | |
$ | 121,458 | |
| Prepaid Health Insurance | |
| 30,862 | | |
| 23,682 | |
| Prepaid Other Insurance | |
| 13,058 | | |
| 16,947 | |
| Prepaid Clinical | |
| 43,828 | | |
| 27,328 | |
| Prepaid Subscription Annual Fees | |
| 32,945 | | |
| 24,632 | |
| Prepaid NASDAQ Annual Fees | |
| 28,000 | | |
| – | |
| Prepaid Royalties | |
| 29,167 | | |
| 54,167 | |
| Prepaid Consulting | |
| 29,760 | | |
| 6,700 | |
| Prepaid – other | |
| 12,954 | | |
| 41,321 | |
| | |
$ | 445,574 | | |
$ | 316,235 | |
Accounts payable:
| Schedule of accounts payable | |
| | | |
| | |
| | |
June 30,
2026 | |
December 31,
2025 |
| Accounts payable | |
$ | 702,483 | | |
$ | 324,470 | |
| Credit cards payable | |
| 2,496 | | |
| 8,492 | |
| | |
$ | 704,979 | | |
$ | 332,962 | |
Accrued and other liabilities:
| Schedule of accrued and other liabilities | |
| | | |
| | |
| | |
June 30,
2026 | |
December 31,
2025 |
| Accrued bonus | |
$ | 92,641 | | |
$ | 393,361 | |
| Accrued audit and legal expenses | |
| 78,559 | | |
| 10,000 | |
| Accrued board compensation | |
| 66,250 | | |
| 66,250 | |
| Accrued Delaware state taxes | |
| 50,000 | | |
| – | |
| Other accrued expenses and liabilities | |
| 44,460 | | |
| 34,651 | |
| | |
$ | 331,910 | | |
$ | 504,262 | |
|