v3.26.1
Note 5 - Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Cash, Cash Equivalent, and Investment [Table Text Block]

 

 

As of June 30, 2026

 

 

As of December 31, 2025

 

Financial assets

 

Level

 

 

Amount

 

 

Level

 

 

Amount

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market account

 

 

1

 

 

$

2,043,703

 

 

 

1

 

 

$

929,165

 

U.S. government treasury bills maturing < 90 days

 

 

1

 

 

 

 

 

 

1

 

 

 

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government treasury bills maturing > 90 days

 

 

1

 

 

 

37,471,239

 

 

 

1

 

 

 

33,736,091

 

 

 

 

 

 

 

$

39,514,942

 

 

 

 

 

 

$

34,665,256

 

Schedule of Prepaid Expenses and Other Current Assets [Table Text Block]

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Prepaid Expenses

 

$

861,413

 

 

$

668,090

 

Short-term Deposits

 

 

 

 

 

75,006

 

Short-term Deferred Costs

 

 

394,123

 

 

 

134,377

 

Other current assets

 

 

 

 

 

8,327

 

Total prepaid expenses and other current assets

 

$

1,255,536

 

 

$

885,800

 

Property, Plant, and Equipment [Table Text Block]

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Automobiles (DMV-registered)

 

$

28,862

 

 

$

28,862

 

Machinery, tools and equipment

 

 

772,268

 

 

 

692,458

 

Computers and equipment

 

 

549,382

 

 

 

488,552

 

Internal-Use Capitalized software

 

 

1,866,638

 

 

 

1,592,092

 

Furniture and fixtures

 

 

119,463

 

 

 

73,494

 

Leasehold improvements

 

 

175,417

 

 

 

175,417

 

Testing equipment (Work in Progress)

 

 

1,023,608

 

 

 

896,147

 

Property and equipment, gross

 

 

4,535,638

 

 

 

3,947,023

 

Less: accumulated depreciation and amortization

 

 

(825,012

)

 

 

(678,827

)

Total property and equipment, net

 

$

3,710,626

 

 

$

3,268,196

 

Schedule of Accrued Expenses and Other Current Liabilities [Table Text Block]

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Credit card payable

 

$

14,182

 

 

$

16,169

 

Accrued expenses

 

 

175,041

 

 

 

563,770

 

Accrued payroll

 

 

931,673

 

 

 

2,035,795

 

Total accrued expenses and other current liabilities

 

$

1,120,896

 

 

$

2,615,734