v3.26.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 8,322,258 $ 4,965,072
Accounts receivable, net of credit losses of $19,019 and $7,326 as of June 30, 2026 and December 31, 2025, respectively 432,925 195,703
Inventories, net of reserves of $10,926 and $34,524 as of June 30, 2026 and December 31, 2025, respectively 277,308 257,132
Prepaids and other current assets 381,654 315,283
Total current assets 9,414,145 5,733,190
Property and Equipment, at Cost: 388,768 382,465
Less - accumulated depreciation (323,305) (306,901)
Property and equipment, net 65,463 75,564
Other Assets:    
Operating lease right of use asset, net 228,545 261,565
Intangible assets, net 258,214 274,778
Other non-current assets 29,793 58,939
Total Assets 9,996,160 6,404,036
Current Liabilities:    
Accounts payable 791,587 139,365
Accrued expenses 2,113,097 2,393,229
Current portion of operating lease payable 71,942 65,752
Notes payable 42,726 148,293
Customer deposits 31,174 28,660
Warrant liabilities 45,857 16,800
Total current liabilities 3,096,383 2,792,099
Non-Current Liabilities:    
Operating lease payable, net of current portion 164,724 202,566
Other non-current liabilities 9,999
Total liabilities 3,261,107 3,004,664
Commitments and contingencies (see note 15)
Stockholders’ Equity    
Convertible Series B Preferred stock, $0.001 par value; 5,000,000 shares authorized, 3,796,907 shares issued and outstanding as of June 30, 2026 and December 31, 2025 3,797 3,797
Common stock, $0.001 par value; 100,000,000 shares authorized; 12,468,059 and 10,652,812 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 12,468 10,653
Additional paid in capital 76,381,397 67,985,089
Accumulated deficit (69,662,609) (64,600,167)
Total stockholders’ equity 6,735,053 3,399,372
Total Liabilities and Stockholders’ Equity $ 9,996,160 $ 6,404,036