v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,066,770 $ 1,112,642
Other Receivables 40,276
Prepaid expenses and other current assets 633,953 468,792
Inventories 3,086,577 3,781,837
Advances on contracts 1,276,916 1,408,395
Total current assets 8,117,198 7,477,834
Furniture, fixtures and equipment, net 20,127 19,193
Intangibles, net 44,857 79,063
Right of use assets finance lease 48,977 55,811
Right of use assets operating lease 92,489 150,378
Other assets 24,150 24,150
Total assets 8,347,798 7,806,429
Current liabilities:    
Other Current Liabilities 218,146
Current portion of finance lease liabilities 34,170 27,347
Current portion of operating lease liabilities 101,883 130,355
Total current liabilities 4,397,271 4,131,262
Non-current portion of finance lease liabilities 13,668 27,336
Non-current portion of operating lease liabilities 35,208
Convertible notes payable, related parties 465,982 800,000
Total liabilities 4,876,921 4,993,806
Commitments and contingencies
Stockholders’ equity    
Common stock, par value $0.001; authorized 125,000,000 shares; 88,772,518 shares issued and 88,756,989 shares outstanding as of June 30, 2026; 80,486,449 shares issued and 80,453,116 shares outstanding as of December 31, 2025; 88,773 80,487
Additional paid in capital 139,968,127 137,418,974
Accumulated deficit (135,674,507) (133,775,322)
Treasury stock, at cost, 33,333 shares (911,516) (911,516)
Total stockholders’ equity 3,470,877 2,812,623
Total liabilities and stockholders’ equity 8,347,798 7,806,429
Nonrelated Party [Member]    
Current assets:    
Accounts receivable 1,003,063 680,620
Current liabilities:    
Accounts payable 1,953,844 1,430,250
Accrued expenses 956,530 995,206
Related Party [Member]    
Current assets:    
Accounts receivable 9,643 25,548
Current liabilities:    
Accounts payable 907,680 1,359,698
Accrued expenses $ 225,018 $ 188,406