v3.26.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 4,414,364 $ 6,880,835
Accounts receivable and other receivables, net of allowance for doubtful accounts of $642,489 and $646,067 at June 30, 2026 and December 31, 2025, respectively 21,257 48,298
Prepaid expenses and other current assets 48,941 25,457
Total current assets 4,484,562 6,954,590
Property and equipment, net 21,011 25,543
Internally developed software, net 2,637,138 1,270,017
Intangible assets under development 1,000,000
Operating lease right-of-use asset 238,390 269,160
Security deposits 12,100 12,100
Total assets 7,393,201 9,531,410
Current liabilities:    
Accounts payable 4,671,952 5,362,604
Accrued expenses 619,270 619,242
Operating lease current obligation 61,182 56,925
Deferred revenue 124,696 192,535
Total current liabilities 5,477,100 6,231,306
Operating lease long-term obligation 179,721 211,873
Total liabilities 5,656,821 6,443,179
Commitments and contingencies (See Note 7)
Stockholders’ equity    
Common stock, $0.0001 par value, 200,000,000 shares authorized, 1,522,398 issued and 1,522,359 outstanding at June 30, 2026 and 212,015 issued and 211,976 outstanding at December 31, 2025 152 21
Additional paid-in capital 87,724,581 85,438,530
Treasury stock, 39 shares at June 30, 2026 and December 31, 2025, at cost (172) (172)
Accumulated deficit (85,988,181) (82,350,149)
Total stockholders’ equity 1,736,380 3,088,231
Total liabilities and stockholders’ equity 7,393,201 9,531,410
Series C Convertible Preferred Stock    
Stockholders’ equity    
Series C convertible preferred stock, $0.0001 par value 50,000,000 shares authorized, 0 issued and outstanding at June 30, 2026 and 6,875 issued and outstanding as at December 31, 2025 $ 1