v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 5,729,576 $ 6,779,040
Prepaid expenses 532,632 862,400
Contract asset 516,283 516,283
Other current assets 3,454,688 3,000,000
Total Current Assets 10,938,076 12,198,582
Operating lease right to use asset 469,017 547,186
Investment in preferred securities 1,450,000
Prepaid expenses 233,783 414,329
Contract asset 2,323,273 2,581,417
Other assets 189,155 15,510
Total Assets 14,153,304 17,207,024
Current Liabilities:    
Accrued expenses 824,169 1,310,463
Deferred revenue 15,415
Operating lease liability 189,902 181,963
Deferred consideration 3,000,000 3,000,000
Stand-ready guarantee liability 711,670 711,667
Financial indemnification liability 232,516 433,968
Other current liabilities 562,388 485,055
Total Current Liabilities 6,209,768 6,499,724
Stand-ready guarantee liability 889,468 1,245,416
Financial indemnification liability 512,506 657,804
Operating lease liability 432,172 528,552
Warrant liabilities 8,423 39,620
Total Liabilities 8,052,337 8,971,116
Commitments and Contingencies (Note 16)  
Stockholders’ Equity    
Class A Common Stock, $.0001 par value, 1,000,000,000 shares authorized, 12,332,955 and 4,281,523 issued and outstanding on June 30, 2026, and December 31, 2025, respectively 1,233 428
Additional paid-in capital 132,308,726 131,152,020
Accumulated deficit (126,208,995) (122,916,543)
Total Stockholders’ Equity 6,100,967 8,235,908
Total Liabilities and Stockholders’ Equity 14,153,304 17,207,024
Convertible Preferred Stock [Member]    
Stockholders’ Equity    
Convertible preferred stock, value
Series B Convertible Preferred Stock [Member]    
Stockholders’ Equity    
Convertible preferred stock, value 3 3
Nonrelated Party [Member]    
Current Assets:    
Accounts receivable 21,010 31,376
Current Liabilities:    
Accounts payable 530,398 189,828
Related Party [Member]    
Current Assets:    
Cash and cash equivalents 1,176,238 6,779,040
Accounts receivable 683,887 1,009,483
Current Liabilities:    
Accounts payable $ 158,725 $ 171,365