v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOW FROM OPERATING ACTIVITIES:    
Net loss $ (781,889) $ (1,903,941)
Adjustments to reconcile net loss to net cash used for operating activities:    
Depreciation 32,947 43,748
Amortization of intangible assets 111,927 154,738
Amortization of capitalized contract costs 78,185 91,766
Amortization of note payable 41,666 120,000
Interest payable on note 54,000 60,175
Reserve for inventory (802,020) 0
Operating leases right-of-use assets 18,874 12,543
Share and warrant-based compensation for employees and consultants 83,396 74,325
Stock based directors’ fees 0 20,004
Bad debts 0 15,000
Change in assets and liabilities:    
Accounts receivable (285,060) (15,305)
Allowance for credit losses (225,627) (250,000)
Due from factor 0 (80,599)
Capitalized contract costs (33,104) (49,465)
Inventory 797,159 59,769
Prepaid expenses and other (68,763) (24,397)
Accounts payable (96,153) 71,322
Accrued liabilities (164,183) (107,843)
Deferred revenue 53,799 619
Operating lease liabilities (18,904) (7,783)
Net cash used in operating activities (1,203,750) (1,715,324)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures 0 (6,048)
Net cash provided by (used in) investing activities 0 (6,048)
CASH FLOW FROM FINANCING ACTIVITIES:    
Proceeds from note payable 0 0
Offering costs 0 (248,783)
Proceeds for exercise of warrants 0 3,813,057
Receipt of cash from employee stock purchase plan 7,660 876
Repayment of government loan (38,179) (71,645)
Net cash provided by (used in) financing activities (30,519) 3,493,505
Effect of exchange rate changes (81,094) 65,608
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1,315,363) 1,837,741
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 2,694,663 437,604
CASH AND CASH EQUIVALENTS, END OF PERIOD 1,379,300 2,275,345
Cash paid for:    
Interest 1,062 1,372
Noncash investing and financing activities    
Additions for operating lease right-of-use assets 119,642
Issuance of stock for repayment of debt $ 0 $ 1,259,000