v3.26.1
Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2024 $ 1 $ 36,418,041 $ 23,293 $ (34,445,206) $ 1,996,129
Balance, shares at Dec. 31, 2024 6,827          
Balance, shares at Dec. 31, 2024            
Net income (loss) 1,928,834 1,928,834
Share-based compensation charges 44,383 44,383
Equity Offering - January 2025 – see Note 8 $ 4 5,873,405 5,873,409
Equity offering - January 2025, shares   47,619          
Warrant Exercise – Series B Cashless – see Note 8 $ 43 (43)
Warrant exercise - Series B cashless, shares   431,395          
Foreign currency translation 292,573 292,573
Balance at Mar. 31, 2025 $ 48 42,335,786 315,866 (32,516,372) 10,135,328
Balance, shares at Mar. 31, 2025 485,841          
Balance, shares at Mar. 31, 2025            
Balance at Dec. 31, 2024 $ 1 36,418,041 23,293 (34,445,206) 1,996,129
Balance, shares at Dec. 31, 2024 6,827          
Balance, shares at Dec. 31, 2024            
Net income (loss)             5,488,141
Balance at Jun. 30, 2025 $ 101 42,623,842 872,792 (28,957,065) 14,539,670
Balance, shares at Jun. 30, 2025 1,023,214          
Balance, shares at Jun. 30, 2025            
Balance at Mar. 31, 2025 $ 48 42,335,786 315,866 (32,516,372) 10,135,328
Balance, shares at Mar. 31, 2025 485,841          
Balance, shares at Mar. 31, 2025            
Net income (loss) 3,559,307 3,559,307
Share-based compensation charges 288,109 288,109
Warrant Exercise – Series B Cashless – see Note 8 $ 53 (53)
Warrant exercise - Series B cashless, shares   537,373          
Foreign currency translation 556,926 556,926
Balance at Jun. 30, 2025 $ 101 42,623,842 872,792 (28,957,065) 14,539,670
Balance, shares at Jun. 30, 2025 1,023,214          
Balance, shares at Jun. 30, 2025            
Balance at Dec. 31, 2025 $ 2,899 581,324,579 (316,947,332) $ 264,380,146
Balance, shares at Dec. 31, 2025 28,995,403          
Balance, shares at Dec. 31, 2025           0
Net income (loss) (86,239,232) $ (86,239,232)
Share-based compensation charges 2,230,208 2,230,208
Share repurchase for treasury stock $ (1,588,861) (1,588,861)
Share repurchase for treasury stock, shares     (867,678)        
Exercise of prefunded $ 940 940
Exercise of prefunded, shares   9,401,702          
Exercise of warrants - related party $ 189 189
Exercise of warrants - related party, shares   1,892,900          
Balance at Mar. 31, 2026 $ 4,028 $ (1,588,861) 583,554,787 (403,186,564) 178,783,390
Balance, shares at Mar. 31, 2026 40,290,005          
Balance, shares at Mar. 31, 2026     (867,678)        
Balance at Dec. 31, 2025 $ 2,899 581,324,579 (316,947,332) $ 264,380,146
Balance, shares at Dec. 31, 2025 28,995,403          
Balance, shares at Dec. 31, 2025           0
Net income (loss)             $ (109,520,033)
Balance at Jun. 30, 2026 $ 4,419 $ (2,011,573) 585,754,651 (426,467,362) $ 157,280,135
Balance, shares at Jun. 30, 2026 44,196,176          
Balance, shares at Jun. 30, 2026     (1,213,669)       1,213,669
Balance at Mar. 31, 2026 $ 4,028 $ (1,588,861) 583,554,787 (403,186,564) $ 178,783,390
Balance, shares at Mar. 31, 2026 40,290,005          
Balance, shares at Mar. 31, 2026     (867,678)        
Net income (loss) (23,280,798) (23,280,798)
Share-based compensation charges 2,200,255 2,200,255
Share repurchase for treasury stock $ (422,712) (422,712)
Share repurchase for treasury stock, shares     (345,991)        
Exercise of prefunded warrants $ 391 (391)
Exercise of prefunded warrants, shares   3,906,171          
Balance at Jun. 30, 2026 $ 4,419 $ (2,011,573) $ 585,754,651 $ (426,467,362) $ 157,280,135
Balance, shares at Jun. 30, 2026 44,196,176          
Balance, shares at Jun. 30, 2026     (1,213,669)       1,213,669