v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash $ 5,942,249 $ 5,220,654
Accounts receivable, net 2,351 296,866
Inventories 210,448 149,961
Investor receivable 50,000
Prepaid expenses and other current assets 362,762 349,293
Total current assets 6,517,810 6,066,774
Property and equipment, net 28,655 37,085
Deferred offering costs 225,000 225,000
Operating right of use asset 36,734 48,774
Goodwill 9,618,142 18,549,005
Total assets 16,426,341 24,926,638
Current liabilities    
Accounts payable 1,844,861 1,757,695
Accrued expenses 249,607 341,881
Notes payable 150,394
Operating lease liability, current 24,419 24,412
Contingent warrant liabilities 25,378 26,590
Derivative liabilities 649,134 6,985,347
Total current liabilities 2,943,793 9,135,925
Operating lease liability, net of current portion 12,315 24,362
Total liabilities 2,956,108 9,160,287
Commitments and Contingencies
Stockholders’ equity    
Common stock, $0.00001 par value, 250,000,000 shares authorized at June 30, 2026 and December 31, 2025; 3,793,676 and 31,201 shares issued at June 30, 2026 and December 31, 2025, respectively; 3,793,673 and 31,198 shares outstanding at June 30, 2026 and December 31, 2025, respectively 38
Additional paid-in capital 152,959,715 147,836,004
Treasury stock, at cost; 3 shares of common stock at June 30, 2026 and December 31, 2025 (625,791) (625,791)
Accumulated deficit (138,296,736) (131,214,558)
Accumulated other comprehensive loss (568,717) (231,028)
Total stockholders’ equity 13,468,509 15,764,627
Total liabilities, convertible preferred stock, and stockholders’ equity 16,426,341 24,926,638
Series C Redeemable Preferred Stock    
Current liabilities    
Series C Redeemable Preferred Stock, $0.00001 par value, 10,000 shares authorized, 7 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 1,724 1,724
Series D Preferred Stock    
Stockholders’ equity    
Preferred Stock, value issued
Series E Preferred Stock    
Stockholders’ equity    
Preferred Stock, value issued