v3.26.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 13,748,301 $ 9,123,308
Accounts receivable 4,035,360 3,459,864
Inventory 12,121,796 13,472,025
Deposits 281,480 0
Prepaid expenses 478,490 798,384
Total Current Assets 30,665,427 26,853,581
Long-Term Assets:    
Property & equipment 477,047 557,370
Intangible assets 1,841,970 1,889,370
Right-of-use-asset 648,457 778,846
Total Long-Term Assets 2,967,474 3,225,586
TOTAL ASSETS 33,632,901 30,079,167
Current Liabilities:    
Accounts payable & accrued expenses 4,852,488 5,664,212
Earnout payable 295,797 295,797
Income tax payable 268,276 268,276
Right-of-use-liability 202,518 215,637
Total Current Liabilities 5,619,079 6,443,922
Long-Term Liabilities:    
Right-of-use-liability 475,820 596,785
Total Long-Term Liabilities 475,820 596,785
TOTAL LIABILITIES 6,094,899 7,040,707
SHAREHOLDERS' EQUITY    
Preferred Stock Series B $0.10 par value per share; 1,000,000 shares authorized 130,000 shares issued and outstanding 13,000 13,000
Common Stock $0.001 par value per share; 3,000,000,000 shares authorized 2,388,516 shares issued and outstanding at June 30, 2026 and 490,595 shares issued and outstanding at December 31, 2025 2,389 491
Capital paid in excess of par value 106,004,591 98,105,404
Accumulated comprehensive income (658,935) (65,309)
Accumulated (Deficit) (77,823,043) (75,015,126)
TOTAL SHAREHOLDERS' EQUITY 27,538,002 23,038,460
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 33,632,901 $ 30,079,167