v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
Preferred Stock
Common stock
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Total
Beginning balance (in shares) at Dec. 31, 2024 927,904 112,951,317        
Beginning balance at Dec. 31, 2024 $ 9,279 $ 1,129,512 $ 68,610,905 $ (41,149,023)   $ 28,600,673
Net income (loss)       546,524   546,524
Share-based compensation     245,384     245,384
Issuance of common stock under equity incentive plan   $ 11,013 (11,013)      
Issuance of common stock under equity incentive plan (in shares)   1,101,231        
Issuance of common stock for cash, net of issuance costs   $ 11,079 2,381,238     2,392,317
Issuance of common stock for cash, net of issuance costs (in shares)   1,107,923        
Issuance of common stock upon exercise of warrants   $ 9,488 796,950     806,438
Issuance of common stock upon exercise of warrants (in shares)   948,750        
Ending balance (in shares) at Mar. 31, 2025 927,904 116,109,221        
Ending balance at Mar. 31, 2025 $ 9,279 $ 1,161,092 72,023,464 (40,602,499)   32,591,336
Beginning balance (in shares) at Dec. 31, 2024 927,904 112,951,317        
Beginning balance at Dec. 31, 2024 $ 9,279 $ 1,129,512 68,610,905 (41,149,023)   28,600,673
Net income (loss)           $ 728,079
Issuance of common stock under equity incentive plan (in shares)           1,472,097
Ending balance (in shares) at Jun. 30, 2025 927,904 119,200,980        
Ending balance at Jun. 30, 2025 $ 9,279 $ 1,192,010 76,725,598 (40,420,944)   $ 37,505,943
Beginning balance (in shares) at Mar. 31, 2025 927,904 116,109,221        
Beginning balance at Mar. 31, 2025 $ 9,279 $ 1,161,092 72,023,464 (40,602,499)   32,591,336
Net income (loss)       181,555   181,555
Share-based compensation     586,913     586,913
Issuance of common stock under equity incentive plan   $ 3,709 51,291     55,000
Issuance of common stock under equity incentive plan (in shares)   370,866        
Issuance of common stock for cash, net of issuance costs   $ 7,500 2,664,666     2,672,166
Issuance of common stock for cash, net of issuance costs (in shares)   750,000        
Issuance of common stock upon exercise of warrants   $ 19,709 1,399,264     1,418,973
Issuance of common stock upon exercise of warrants (in shares)   1,970,893        
Ending balance (in shares) at Jun. 30, 2025 927,904 119,200,980        
Ending balance at Jun. 30, 2025 $ 9,279 $ 1,192,010 76,725,598 (40,420,944)   37,505,943
Beginning balance (in shares) at Dec. 31, 2025 927,904 140,042,270        
Beginning balance at Dec. 31, 2025 $ 9,279 $ 1,400,423 185,608,189 (45,488,549) $ (574,153) 140,955,189
Net income (loss)       (11,294,490)   (11,294,490)
Share-based compensation     4,833,965     4,833,965
Issuance of common stock under equity incentive plan   $ 20,066 844,327   (5,798,403) (4,934,010)
Issuance of common stock under equity incentive plan (in shares)   2,006,621        
Issuance of common stock for cash, net of issuance costs   $ 1,264 1,338,182     1,339,446
Issuance of common stock for cash, net of issuance costs (in shares)   126,436        
Issuance of common stock upon exercise of warrants   $ 15,637 979,175     994,812
Issuance of common stock upon exercise of warrants (in shares)   1,563,643        
Ending balance (in shares) at Mar. 31, 2026 927,904 143,738,970        
Ending balance at Mar. 31, 2026 $ 9,279 $ 1,437,390 193,603,838 (56,783,039) (6,372,556) 131,894,912
Beginning balance (in shares) at Dec. 31, 2025 927,904 140,042,270        
Beginning balance at Dec. 31, 2025 $ 9,279 $ 1,400,423 185,608,189 (45,488,549) (574,153) 140,955,189
Net income (loss)           $ (11,184,200)
Issuance of common stock under equity incentive plan (in shares)           3,449,209
Ending balance (in shares) at Jun. 30, 2026 927,904 150,521,555        
Ending balance at Jun. 30, 2026 $ 9,279 $ 1,505,216 245,598,101 (56,672,749) (9,418,009) $ 181,021,838
Beginning balance (in shares) at Mar. 31, 2026 927,904 143,738,970        
Beginning balance at Mar. 31, 2026 $ 9,279 $ 1,437,390 193,603,838 (56,783,039) (6,372,556) 131,894,912
Net income (loss)       110,290   110,290
Share-based compensation     2,904,927     2,904,927
Issuance of common stock under equity incentive plan   $ 14,426 442,344   (3,045,453) (2,588,683)
Issuance of common stock under equity incentive plan (in shares)   1,442,588        
Issuance of common stock for cash, net of issuance costs   $ 42,000 47,689,392     47,731,392
Issuance of common stock for cash, net of issuance costs (in shares)   4,199,997        
Issuance of common stock upon exercise of warrants   $ 11,400 957,600     969,000
Issuance of common stock upon exercise of warrants (in shares)   1,140,000        
Ending balance (in shares) at Jun. 30, 2026 927,904 150,521,555        
Ending balance at Jun. 30, 2026 $ 9,279 $ 1,505,216 $ 245,598,101 $ (56,672,749) $ (9,418,009) $ 181,021,838