v3.26.1
Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 14,312,743 $ 18,594,598
Accounts receivable, net 4,461,812 5,502,087
Inventory, net 14,193,484 13,060,024
Unbilled revenue 3,180,534 868,216
Prepaid expenses and other current assets 1,668,188 2,622,462
Deferred Contract Costs, short term 374,375 374,375
Total current assets 38,191,136 41,021,762
Long-term assets:    
Property and equipment, net 20,696,026 16,268,400
Operating lease right-of-use asset, net 0 268,873
Intangible assets, net 2,534,037 2,513,186
Security deposits, long-term 0 15,979
Other assets, long-term 452,697 424,226
Deferred tax asset, net 4,007,463 4,135,463
Deferred Contract Costs, long term 301,508 488,695
Total long-term assets 27,991,731 24,114,822
Total assets 66,182,867 65,136,584
Current liabilities:    
Accounts payable 612,981 784,074
Accrued compensation and related costs 659,091 461,430
Accrued expenses and other current liabilities 1,301,057 1,196,565
Notes payable, current 312,523 227,754
Operating lease liability, short-term 0 196,311
Deferred revenue, short-term 6,931,535 7,361,738
Total current liabilities 9,817,187 10,227,872
Long-term liabilities:    
Deferred revenue, long-term 1,157,655 1,913,393
Notes payable, long-term 11,107,199 7,314,085
Operating lease liability, long-term 0 89,053
Total long-term liabilities 12,264,854 9,316,531
Total liabilities 22,082,041 19,544,403
Commitments and contingencies (See Note 10)
Stockholders’ equity:    
Preferred stock $0.0001 par value; 2,500,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 33,154,621 33,056,091
Retained Earnings 10,945,070 12,534,960
Total stockholders’ equity 44,100,826 45,592,181
Total liabilities and stockholders’ equity 66,182,867 65,136,584
Undesginated Common Stock [Member]    
Stockholders’ equity:    
Common Stock 1,135 1,130
Common Class A [Member]    
Stockholders’ equity:    
Common Stock 0 0
Common Class B [Member]    
Stockholders’ equity:    
Common Stock $ 0 $ 0