v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (5,256,819) $ (3,321,218)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 497,497 790,035
Share-based compensation expense 29,984 98,064
Amortization of ROU asset 15,935 14,624
Change in assets and liabilities:    
Accounts receivable (77) (465)
Prepaid assets (16,848) (49,523)
Other current assets 0 0
Accounts payable and accrued liabilities (34,927) (27,499)
Lease liabilities (17,661) (12,667)
Net cash used in operating activities (4,782,916) (2,508,649)
Cash flows from investing activities:    
Software capitalization (551,857) (476,475)
Intangibles capitalization (10,054) (14,175)
Net cash used in investing activities (561,911) (490,650)
Cash flows from financing activities:    
Offering costs (1,117,723) (95,125)
Repayments of note payable (60,520) 0
Proceeds from issuance of preferred shares, net of issuance costs 0 700,000
Proceeds from issuance of common shares 3,073,645 755,295
Proceeds from issuance of prefunded warrants 5,711,457 0
Proceeds from issuance of common warrants 4,106,814 0
Proceeds from exercise of common warrants 2,359 566
Net cash provided by financing activities 11,716,032 1,360,736
Net increase (decrease) in cash 6,371,205 (1,638,563)
Cash, beginning of year 3,186,985 2,706,319
Cash and restricted cash, end of period 9,558,190 1,067,756
Supplemental disclosures of cash flow information:    
Cash paid for interest 2,312 2,997
Cash paid for taxes 0 0
Supplemental disclosures of non-cash activity:    
Reclassification of deferred offering costs 95,843 55,120
Capitalized dividends $ 30,323 $ 103,108