v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
OPERATING ACTIVITIES    
Net loss $ (6,743,937) $ (1,051,769)
Adjustments to reconcile net loss to net cash and cash equivalents provided by (used in) operating activities:    
Depreciation and amortization 773,705 864,947
Loss on asset disposal 34,875 1,831
Amortization of debt discount and issuance cost 34,152 34,154
Loss (gain) on debt extinguishment 364,025 (6,477)
Stock-based compensation expense 537,373
Amortization of right-of-use assets 1,925,010 1,845,774
Write-down of obsolete and slow-moving inventory 966,318 1,145,822
Non-cash interest expense 187,728
Loss on equity method investment 83,389
Impairment loss on equity method investment 1,623,922
Changes in operating assets and liabilities:    
Accounts receivable 110,682 57,051
Inventories 1,004,667 (1,545,265)
Prepaid expenses and vendor deposits 127,740 173,364
Deferred offering costs 63,079
Other current assets (46,966) (70,633)
Due from related party (45,264) (2,399)
Other assets 5,947 (1,566)
Accounts payable and accrued expenses (133,402) 2,329,613
Contract liabilities 7,401 (35,679)
Other liabilities (7,024)
Lease liabilities (1,880,757) (1,766,711)
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (1,195,065) 2,159,785
INVESTING ACTIVITIES    
Cash received from related party 500,000
Cash advanced to related party (634,820) (1,918,688)
Purchases of property and equipment (220,223) (205,886)
NET CASH USED IN INVESTING ACTIVITIES (355,043) (2,124,574)
FINANCING ACTIVITIES    
Principal payments on loan payable (562,222) (529,561)
Proceeds from Series A preferred stock offering 3,127,904
Principal payments on finance lease liability (13,463)
NET CASH USED IN (PROVIDED BY) FINANCING ACTIVITIES (575,685) 2,598,343
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (2,125,793) 2,633,554
CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD 3,019,618 2,056,472
CASH AND CASH EQUIVALENTS — END OF PERIOD 893,825 4,690,026
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 91,361 380,030
Cash paid for income tax
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Right-of-use assets obtained in exchange for operating lease liabilities 1,506,977
Debt to equity conversion 2,041,671 1,125,000
Non-cash deferred offering cost $ 1,132,396