v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 117,584,444 $ 154,966,414
Accounts receivable 7,170,229 3,263,736
Inventory 41,110,808 49,054,873
Prepaid expenses and other current assets 4,512,301 5,571,841
Total current assets 170,377,782 212,856,864
Property, plant and equipment, net 1,530,954 1,090,824
Deferred tax asset, net 2,789,666 4,428,519
Goodwill 898,334 898,334
Other assets 140,050 192,893
Total assets 175,736,786 219,467,434
Current liabilities    
Accounts payable 909,834 824,522
Accrued expenses and other current liabilities 6,907,137 6,520,057
Deferred IV TPOXX® revenue 0 10,240,000
Income tax payable 28,335 408,000
Total current liabilities 7,845,306 17,992,579
Other liabilities 2,600,845 2,653,283
Total liabilities 10,446,151 20,645,862
Commitments and contingencies
Stockholders’ equity    
Common stock ($.0001 par value, 600,000,000 shares authorized, 71,844,042 and 71,611,302, issued and outstanding at June 30, 2026 and December 31, 2025, respectively) 7,184 7,161
Additional paid-in capital 243,262,409 241,885,214
Accumulated deficit (77,978,958) (43,070,803)
Total stockholders’ equity 165,290,635 198,821,572
Total liabilities and stockholders’ equity $ 175,736,786 $ 219,467,434