v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
 [1]
CURRENT ASSETS    
Cash and cash equivalents $ 11,179,920 $ 4,790,964
Accounts receivable, net 242,384 508,482
Contract Assets 89,854 270,228
Prepaid expenses 287,782 542,524
Other current assets 15,910 179,209
TOTAL CURRENT ASSETS 11,815,850 6,291,407
PROPERTY AND EQUIPMENT, NET 18,484,380 11,272,577
OTHER ASSETS    
Goodwill 13,201,150 13,201,150
Technology licenses 3,782,850 2,005,025
Capitalized patents, net 1,095,662 1,398,295
Operating lease right of use asset 133,983 150,189
Other assets 12,286 12,286
TOTAL OTHER ASSETS 18,225,931 16,766,945
TOTAL ASSETS 48,526,161 34,330,929
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 6,023,243 2,720,463
Deferred revenue 2,478,144 127,500
Convertible note payable 6,458,630
Convertible note payable measured at fair value- related party 4,144,397
Current portion of lease liability 23,731 14,197
Other payables 101,288 243,117
TOTAL CURRENT LIABILITIES 19,904,433 7,313,839
LONG-TERM LIABILITIES    
Convertible note payable 6,260,274
Operating lease liability, net of current portion 134,521 146,942
Asset retirement obligation 37,727 32,248
TOTAL LONG-TERM LIABILITIES 172,248 6,439,464
TOTAL LIABILITIES 20,076,681 13,753,303
SHAREHOLDERS’ EQUITY    
Common stock, par value $0.001 per share; 300,000,000 shares authorized: 44,150,321 and 36,918,281 shares issued and outstanding as of June 30, 2026, and December 31, 2025, respectively 44,150 36,918
Additional paid-in capital 84,965,178 65,037,940
Equity in RPD prior to acquisition 3,162,943
Non-controlling interest 118,623
Accumulated deficit (56,671,804) (47,654,861)
Other comprehensive income (loss) (6,667) (5,314)
TOTAL SHAREHOLDERS’ EQUITY 28,449,480 20,577,626
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 48,526,161 34,330,929
Related Party [Member]    
CURRENT LIABILITIES    
Notes payable – related party, net $ 675,000 $ 4,208,562
[1] In accordance with ASC 805 (as defined in Note 1) the accompanying unaudited condensed consolidated financial statements have been retrospectively adjusted to reflect the acquisition of RPD Technologies Americas, LLC in a transaction between entities under common control. See Note 4- Common Control Transactions