v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY - USD ($)
Series B Preferred Stock
Common Stock
Proceeds from ATM Program, Net
Common Stock
Additional Paid-In Capital
Proceeds from ATM Program, Net
Additional Paid-In Capital
Accumulated Deficit
Treasury Stock
Proceeds from ATM Program, Net
Total
Balance at Dec. 31, 2024     $ 76,553   $ 407,215,883 $ (367,522,950) $ (2,476,501)   $ 37,292,985
Balance (in shares) at Dec. 31, 2024     76,553,694            
Treasury Stock Balance (in shares) at Dec. 31, 2024             (579,672)    
Stock-Based Compensation Expense         3,708,785       3,708,785
Stock Option Exercises     $ 64   76,672       76,737
Stock Option Exercises (in shares)     63,935            
Proceeds from ATM Program, Net   $ 1,304   $ 4,088,546       $ 4,089,850  
Proceeds from ATM Program, Net (in shares)   1,303,735           1,303,735  
Stock Issued under Quanta Securities Purchase Agreement $ 5,000,000                
Stock Issued under Quanta Securities Purchase Agreement (in shares) 189,717                
Net Loss           (16,303,881)     (16,303,881)
Balance at Jun. 30, 2025     $ 77,921   415,089,886 (383,826,831) $ (2,476,501)   28,864,476
Balance (in shares) at Jun. 30, 2025     77,921,364            
Treasury Stock Balance (in shares) at Jun. 30, 2025             (579,672)    
Preferred Stock, Balance at Jun. 30, 2025 $ 5,000,000                
Preferred Stock, Balance (in shares) at Jun. 30, 2025 189,717                
Balance at Dec. 31, 2024     $ 76,553   407,215,883 (367,522,950) $ (2,476,501)   37,292,985
Balance (in shares) at Dec. 31, 2024     76,553,694            
Treasury Stock Balance (in shares) at Dec. 31, 2024             (579,672)    
Net Loss                 (32,273,128)
Balance at Dec. 31, 2025     $ 81,680   426,934,722 (399,858,410) $ (2,476,501)   $ 24,681,491
Balance (in shares) at Dec. 31, 2025     81,679,367            
Treasury Stock Balance (in shares) at Dec. 31, 2025             (579,672)   (579,672)
Preferred Stock, Balance at Dec. 31, 2025 $ 10,000,000               $ 10,000,000
Preferred Stock, Balance (in shares) at Dec. 31, 2025 419,959               419,959
Balance at Mar. 31, 2025     $ 76,822   411,406,888 (376,160,576) $ (2,476,501)   $ 32,846,633
Balance (in shares) at Mar. 31, 2025     76,822,087            
Treasury Stock Balance (in shares) at Mar. 31, 2025             (579,672)    
Stock-Based Compensation Expense         786,552       786,552
Stock Option Exercises     $ 39   62,099       62,138
Stock Option Exercises (in shares)     39,083            
Proceeds from ATM Program, Net   $ 1,060   2,834,348       $ 2,835,408  
Proceeds from ATM Program, Net (in shares)   1,060,194           1,060,194  
Stock Issued under Quanta Securities Purchase Agreement $ 5,000,000                
Stock Issued under Quanta Securities Purchase Agreement (in shares) 189,717                
Net Loss           (7,666,254)     (7,666,254)
Balance at Jun. 30, 2025     $ 77,921   415,089,886 (383,826,831) $ (2,476,501)   28,864,476
Balance (in shares) at Jun. 30, 2025     77,921,364            
Treasury Stock Balance (in shares) at Jun. 30, 2025             (579,672)    
Preferred Stock, Balance at Jun. 30, 2025 $ 5,000,000                
Preferred Stock, Balance (in shares) at Jun. 30, 2025 189,717                
Balance at Dec. 31, 2025     $ 81,680   426,934,722 (399,858,410) $ (2,476,501)   $ 24,681,491
Balance (in shares) at Dec. 31, 2025     81,679,367            
Treasury Stock Balance (in shares) at Dec. 31, 2025             (579,672)   (579,672)
Preferred Stock, Balance at Dec. 31, 2025 $ 10,000,000               $ 10,000,000
Preferred Stock, Balance (in shares) at Dec. 31, 2025 419,959               419,959
Stock-Based Compensation Expense     $ 135   1,292,779       $ 1,292,914
Stock-Based Compensation Expense (in shares)     135,447            
Stock Option Exercises     $ 179   (179)        
Stock Option Exercises (in shares)     179,088            
Proceeds from ATM Program, Net   $ 3,000   9,911,210       $ 9,914,210  
Proceeds from ATM Program, Net (in shares)   3,000,000           3,000,000  
Preferred Stock Dividends           (75,000)     (75,000)
Net Loss           (14,700,019)     (14,700,019)
Balance at Jun. 30, 2026     $ 84,994   438,138,532 (414,633,429) $ (2,476,501)   $ 21,113,596
Balance (in shares) at Jun. 30, 2026     84,993,902            
Treasury Stock Balance (in shares) at Jun. 30, 2026             (579,672)   (579,672)
Preferred Stock, Balance at Jun. 30, 2026 $ 10,000,000               $ 10,000,000
Preferred Stock, Balance (in shares) at Jun. 30, 2026 419,959               419,959
Balance at Mar. 31, 2026     $ 83,739   433,355,158 (406,967,234) $ (2,476,501)   $ 23,995,162
Balance (in shares) at Mar. 31, 2026     83,737,930            
Treasury Stock Balance (in shares) at Mar. 31, 2026             (579,672)    
Preferred Stock, Balance at Mar. 31, 2026 $ 10,000,000                
Preferred Stock, Balance (in shares) at Mar. 31, 2026 419,959                
Stock-Based Compensation Expense     $ 76   654,536       654,612
Stock-Based Compensation Expense (in shares)     76,884            
Stock Option Exercises     $ 179   (179)        
Stock Option Exercises (in shares)     179,088            
Proceeds from ATM Program, Net   $ 1,000   $ 4,129,017       $ 4,130,017  
Proceeds from ATM Program, Net (in shares)   1,000,000           1,000,000  
Preferred Stock Dividends           (37,500)     (37,500)
Net Loss           (7,628,695)     (7,628,695)
Balance at Jun. 30, 2026     $ 84,994   $ 438,138,532 $ (414,633,429) $ (2,476,501)   $ 21,113,596
Balance (in shares) at Jun. 30, 2026     84,993,902            
Treasury Stock Balance (in shares) at Jun. 30, 2026             (579,672)   (579,672)
Preferred Stock, Balance at Jun. 30, 2026 $ 10,000,000               $ 10,000,000
Preferred Stock, Balance (in shares) at Jun. 30, 2026 419,959               419,959