v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (960,443) $ (2,059,997)
Adjustments to reconcile from net loss to net cash (used in) operating activities:    
Amortization of operating lease right-of-use assets 146,768 163,710
Amortization of financing lease right-of-use assets 26,042
Depreciation 159,502 230,706
Deferred taxes (187,108)
Amortization of intangible assets 134,436 134,436
Amortization of debt issuance costs 12,500
Stock-based compensation 985,550
Changes in operating assets and liabilities    
Accounts receivable, net (106,821) 154,468
Contract assets 5,640 (339,151)
Prepaid expenses (46,200) (239,692)
Prepaid expenses-related party 75,000
Interest receivable on loan receivable (175,972)
Security deposits (11,000)
Accounts payable and accrued expenses (78,119) 251,804
Deferred revenue 1,931
Income taxes payable (142,093)
Operating lease liabilities (112,679) (81,209)
Net cash used in operating activities (918,415) (1,139,576)
Cash flows from investing activities:    
Note receivable (5,700,000)
Deposit on property and equipment – related party 500,000
Purchases of property and equipment (1,012,944)
Net cash provided by (used in) investing activities 500,000 (6,712,944)
Cash flows from financing activities:    
Proceeds from note payable 328,500
Principal payments on finance lease (28,872)
Repayments of loans payable (186,628) (5,475)
Issuance of common stock, net of issuance costs 4,130,000 8,459,232
Net cash provided by financing activities 3,914,500 8,782,257
Net change in cash 3,496,085 929,738
Cash, beginning of period 1,202,395 557,619
Cash, end of period 4,698,480 1,487,357
Cash paid during the period for:    
Interest 51,126 5,848
Income taxes 314,042
Supplemental disclosure of non-cash investing and financing activities:    
Initial value of finance lease right-of-use asset and finance lease liability $ 125,000