v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash, restricted cash, and cash equivalents $ 937,512 $ 1,662,380
Prepaid expenses and other current assets 610,438 1,071,900
Total current assets 1,547,950 2,734,280
Operating lease right-of-use asset 226,074 660,706
Property and equipment, net 125,947 246,148
Total assets 1,899,971 3,641,134
Current liabilities:    
Convertible notes payable, net 746,647
Accounts payable 8,216,774 7,580,899
Accrued liabilities 485,009 363,811
Insurance payable 14,793 338,279
Operating lease liability 218,308 699,107
Derivative liabilities - convertible notes 7,663,855
Earnout liability 500 20,000
Deemed dividend – common stock liability, 692 shares 85,500 85,500
Total current liabilities 32,405,268 9,087,596
Total liabilities 32,405,268 9,087,596
Commitments and contingencies (Note 14)
Stockholders’ deficit:    
Preferred Stock Value
Additional paid-in capital 65,961,431 78,126,104
Stock subscription receivable (9,857)
Accumulated deficit (97,752,859) (90,838,115)
Total stockholders’ deficit (30,505,297) (5,446,462)
Total liabilities and stockholders’ deficit 1,899,971 3,641,134
Series D Convertible Preferred Stock    
Current liabilities:    
Preferred stock liabilities 8,784,862
Stockholders’ deficit:    
Preferred Stock Value 4,047,699
Series E Convertible Preferred Stock    
Current liabilities:    
Preferred stock liabilities 6,189,020
Stockholders’ deficit:    
Preferred Stock Value 1,926,133
Series C Convertible Preferred Stock    
Stockholders’ deficit:    
Preferred Stock Value 2,292 2,292
Series A Convertible Preferred Stock    
Stockholders’ deficit:    
Preferred Stock Value 1,287,315 1,287,315
Class A Common Stock    
Stockholders’ deficit:    
Class A common stock; $0.0001 par value; 1,000,000,000 shares authorized; 63,811,396 and 21,102,671 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively $ 6,381 $ 2,110