v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 886,471 $ 2,839,921
Restricted Cash 1,200,000 0
Accounts receivable, net of allowance for credit losses of $37,735 and $98,954, respectively 4,515,833 5,887,884
Prepaid expenses and other current assets 663,922 489,790
Total current assets 7,266,226 9,217,595
Property and equipment, net 1,389,580 1,629,561
Restricted Cash, net of current portion 5,000,823 0
Other Assets    
Goodwill 9,853,342 9,853,342
Intangible assets, net of accumulated amortization 3,190,625 3,425,375
Right of use assets - operating lease 529,194 663,635
Other assets 53,343 78,342
Total other assets 13,626,504 14,020,694
Total assets 27,283,133 24,867,850
Current liabilities    
Accounts payable 4,186,662 7,090,784
Accrued expenses and other current liabilities 4,327,799 3,619,974
Lease liability - operating lease 254,724 294,093
Outstanding borrowings under Financing Agreement 0 3,288,100
Notes payable, net of current portion 3,337,000 0
Total current liabilities 12,106,185 14,292,951
Long-term liabilities    
Deferred tax liability 113,323 107,971
Lease liability - operating lease 339,456 443,912
Notes payable, net of current portion 6,405,000 0
Total long-term liabilities 6,857,779 551,883
Stockholders' equity    
Preferred stock, $0.001 par value: Authorized shares 500,000, none issued and outstanding 0 0
Common stock, $0.001 par value: Authorized shares 200,000,000; issued and outstanding shares 14,844,794 and 14,701,949, respectively. 14,846 14,703
Additional paid-in capital 188,753,112 188,312,843
Accumulated deficit (180,448,789) (178,304,530)
Total stockholders' equity 8,319,169 10,023,016
Total liabilities and stockholders' equity $ 27,283,133 $ 24,867,850