v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT AND MEZZANINE EQUITY - USD ($)
Total
Conversion of preferred stock, net of issuance costs and accretion
Conversion of convertible notes, net of offering costs
Member Units
Common Stock
Common Stock
Conversion of preferred stock, net of issuance costs and accretion
Common Stock
Conversion of convertible notes, net of offering costs
Treasury Stock
Additional Paid-in Capital
Additional Paid-in Capital
Conversion of preferred stock, net of issuance costs and accretion
Additional Paid-in Capital
Conversion of convertible notes, net of offering costs
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Non-controlling Interests
Preferred Class A Units
Preferred Class A Units
Member Units
J-Kiss Units
J-Kiss Units
Member Units
Series A Convertible Preferred Stock
Series A Convertible Preferred Stock
Conversion of Series A Preferred Stock Issuance, net of offering costs and accretion
Series A Convertible Preferred Stock
Member Units
Series A Convertible Preferred Stock
Member Units
Conversion of preferred stock, net of issuance costs and accretion
Series A Convertible Preferred Stock
Member Units
Conversion of Series A Preferred Stock Issuance, net of offering costs and accretion
Series A Convertible Preferred Stock
Common Stock
Conversion of Series A Preferred Stock Issuance, net of offering costs and accretion
Series A Convertible Preferred Stock
Additional Paid-in Capital
Conversion of Series A Preferred Stock Issuance, net of offering costs and accretion
Series A Convertible Preferred Stock
Accumulated Deficit
Conversion of Series A Preferred Stock Issuance, net of offering costs and accretion
Class B Units
Class B Units
Member Units
Preferred units, beginning balance (in shares) at Dec. 31, 2024                               0                        
Beginning balance at Dec. 31, 2024 $ (1,289,647)       $ 6,408     $ 0 $ 164,285,336     $ 46,494 $ (165,599,076) $ (28,809)   $ 0                       $ 0
Common unit, beginning balance (in shares) at Dec. 31, 2024                                                       0
Common stock, beginning balance (in shares) at Dec. 31, 2024         1,255                                              
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 2             2                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Stock-based compensation $ 554,659               554,659                                      
Conversion of preferred stock, net of issuance costs and accretion (in shares)         2,178                                              
Exercise of warrants/warrants issuance (in shares)         600                                              
Exercise of warrants/warrants issuance 854,096       $ 43       854,053                                      
Conversion of convertible securities 2,952,583       $ 157       2,952,426                                      
Proceeds from direct offering, net of offering costs (in shares)         296                                              
Proceeds from direct offering, net of offering costs 564,868       $ 21       564,847                                      
Currency translation adjustment 236                     236                                
Net loss (6,878,601)                       (6,873,003) (5,598)                            
Preferred units, ending balance (in shares) at Mar. 31, 2025                               0                        
Ending balance at Mar. 31, 2025 (3,241,806)       $ 6,629     $ 0 169,211,321     46,730 (172,472,079) (34,407)   $ 0                       $ 0
Common unit, ending balance (in shares) at Mar. 31, 2025                                                       0
Common stock, ending balance (in shares) at Mar. 31, 2025         4,328                                              
Treasury stock, ending balance (in shares) at Mar. 31, 2025               2                                        
Preferred units, beginning balance (in shares) at Dec. 31, 2024                               0                        
Beginning balance at Dec. 31, 2024 $ (1,289,647)       $ 6,408     $ 0 164,285,336     46,494 (165,599,076) (28,809)   $ 0                       $ 0
Common unit, beginning balance (in shares) at Dec. 31, 2024                                                       0
Common stock, beginning balance (in shares) at Dec. 31, 2024         1,255                                              
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 2             2                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Currency translation adjustment $ 7,387                                                      
Net loss (20,447,063)                                                      
Preferred units, ending balance (in shares) at Jun. 30, 2025                               4,900,000                        
Ending balance at Jun. 30, 2025 (2,828,239)     $ 100,000 $ 7,404     $ 0 182,310,448     53,881 (185,850,879) (224,069)   $ 774,976                        
Common unit, ending balance (in shares) at Jun. 30, 2025       100,000                                                
Common stock, ending balance (in shares) at Jun. 30, 2025         15,169                                              
Treasury stock, ending balance (in shares) at Jun. 30, 2025               2                                        
Preferred units, beginning balance (in shares) at Mar. 31, 2025                               0                        
Beginning balance at Mar. 31, 2025 (3,241,806)       $ 6,629     $ 0 169,211,321     46,730 (172,472,079) (34,407)   $ 0                       $ 0
Common unit, beginning balance (in shares) at Mar. 31, 2025                                                       0
Common stock, beginning balance (in shares) at Mar. 31, 2025         4,328                                              
Treasury stock, beginning balance (in shares) at Mar. 31, 2025               2                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Stock-based compensation 14,022               14,022                                      
J-Kiss Units (in shares)       100,000                       4,900,000                        
J-Kiss Units       $ 100,000                     $ 774,976 $ 774,976                     $ 100,000  
Conversion of preferred stock, net of issuance costs and accretion (in shares)         8,546                                              
Exercise of warrants/warrants issuance (in shares)         2,294                                              
Exercise of warrants/warrants issuance 1,221,249       $ 165       1,221,084                                      
Conversion of convertible securities 3,670,630       609       3,670,020                                      
Warrants issuance 8,194,000               8,194,000                                      
Currency translation adjustment 7,151                     7,151                                
Net loss (13,568,462)                       (13,378,800) (189,662)                            
Preferred units, ending balance (in shares) at Jun. 30, 2025                               4,900,000                        
Ending balance at Jun. 30, 2025 $ (2,828,239)     $ 100,000 $ 7,404     $ 0 182,310,448     53,881 (185,850,879) (224,069)   $ 774,976                        
Common unit, ending balance (in shares) at Jun. 30, 2025       100,000                                                
Common stock, ending balance (in shares) at Jun. 30, 2025         15,169                                              
Treasury stock, ending balance (in shares) at Jun. 30, 2025               2                                        
Mezzanine equity, beginning of period (in shares) at Dec. 31, 2025 333                                   333                  
Mezzanine equity, beginning of period at Dec. 31, 2025 $ 4,958,840                                   $ 4,958,840                  
Increase (Decrease) in Temporary Equity [Roll Forward]                                                        
Reclass of preferred stock (in shares) (20)                                                      
Reclass of preferred stock $ (326,700)                                                      
Convertible Series A Preferred Stock Issuance, net of offering costs (in shares) 15                                                      
Convertible Series A Preferred Stock Issuance, net of offering costs and accretion $ 242,589                                                      
Conversion of convertible securities (in shares) (313)                                                      
Conversion of preferred stock, net of issuance costs and accretion $ (4,632,140)                                                      
Mezzanine equity, end of period (in shares) at Mar. 31, 2026 15                                                      
Mezzanine equity, end of period at Mar. 31, 2026 $ 242,589                                                      
Preferred units, beginning balance (in shares) at Dec. 31, 2025                             4,900,000 4,900,000 10,090 10,090     0              
Beginning balance at Dec. 31, 2025 $ (2,428,297)       $ 11,758     $ 0 193,616,120     38,041 (196,421,627) (755,246)   $ 166,698   $ 615,960     $ 0             $ 300,000
Common unit, beginning balance (in shares) at Dec. 31, 2025                                                     300,000 300,000
Common stock, beginning balance (in shares) at Dec. 31, 2025 114,991       114,991                                              
Treasury stock, beginning balance (in shares) at Dec. 31, 2025 2             2                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Reclass of preferred stock (in shares)                                         20              
Reclass of preferred stock $ 326,700                                       $ 326,700              
Stock-based compensation 1,682               1,682                                      
J-Kiss Units (in shares)                                   71     99              
J-Kiss Units                                 $ 357,786 $ 357,786 $ 1,549,887   $ 1,549,887              
Conversion of preferred stock, net of issuance costs and accretion (in shares)           203,627 23,180                                          
Conversion of preferred stock, net of issuance costs and accretion   $ 3,902,798       $ 367       $ 4,486,638     (584,207)                              
Exercise of warrants/warrants issuance (in shares)         6,767                                              
Exercise of warrants/warrants issuance 100,070       $ 12       100,058                                      
Conversion of convertible securities     $ 243,974       $ 42       $ 243,932                                  
Currency translation adjustment (33,714)                     (33,714)                                
Preferred dividends (79,266)                       (79,266)                              
Net loss (5,603,683)                       (5,170,747) (432,936)                            
Preferred units, ending balance (in shares) at Mar. 31, 2026                               4,900,000   10,161     119              
Ending balance at Mar. 31, 2026 $ (1,662,063)       $ 12,178     $ 0 198,448,429     4,327 (202,255,847) (1,188,182)   $ 166,698   $ 973,746     $ 1,876,587             $ 300,000
Common unit, ending balance (in shares) at Mar. 31, 2026                                                       300,000
Common stock, ending balance (in shares) at Mar. 31, 2026         348,565                                              
Treasury stock, ending balance (in shares) at Mar. 31, 2026               2                                        
Mezzanine equity, beginning of period (in shares) at Dec. 31, 2025 333                                   333                  
Mezzanine equity, beginning of period at Dec. 31, 2025 $ 4,958,840                                   $ 4,958,840                  
Increase (Decrease) in Temporary Equity [Roll Forward]                                                        
Conversion of convertible securities (in shares)                                     (339)                  
Conversion of preferred stock, net of issuance costs and accretion                                     $ (6,094,680)                  
Mezzanine equity, end of period (in shares) at Jun. 30, 2026 15                                   15                  
Mezzanine equity, end of period at Jun. 30, 2026 $ 242,589                                   $ 242,589                  
Preferred units, beginning balance (in shares) at Dec. 31, 2025                             4,900,000 4,900,000 10,090 10,090     0              
Beginning balance at Dec. 31, 2025 $ (2,428,297)       $ 11,758     $ 0 193,616,120     38,041 (196,421,627) (755,246)   $ 166,698   $ 615,960     $ 0             $ 300,000
Common unit, beginning balance (in shares) at Dec. 31, 2025                                                     300,000 300,000
Common stock, beginning balance (in shares) at Dec. 31, 2025 114,991       114,991                                              
Treasury stock, beginning balance (in shares) at Dec. 31, 2025 2             2                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Conversion of preferred stock, net of issuance costs and accretion (in shares)   262,204                                                    
Currency translation adjustment $ (56,631)                                                      
Net loss (12,905,861)                                                      
Preferred units, ending balance (in shares) at Jun. 30, 2026                             4,900,000 4,900,000 10,201 10,201     109              
Ending balance at Jun. 30, 2026 $ (7,505,942)       $ 12,506     $ 0 199,993,541     (18,590) (209,404,434) (1,515,511)   $ 166,698   $ 1,225,039     $ 1,734,808             $ 300,000
Common unit, ending balance (in shares) at Jun. 30, 2026                                                     300,000 300,000
Common stock, ending balance (in shares) at Jun. 30, 2026 531,248       531,248                                              
Treasury stock, ending balance (in shares) at Jun. 30, 2026 2             2                                        
Mezzanine equity, beginning of period (in shares) at Mar. 31, 2026 15                                                      
Mezzanine equity, beginning of period at Mar. 31, 2026 $ 242,589                                                      
Mezzanine equity, end of period (in shares) at Jun. 30, 2026 15                                   15                  
Mezzanine equity, end of period at Jun. 30, 2026 $ 242,589                                   $ 242,589                  
Preferred units, beginning balance (in shares) at Mar. 31, 2026                               4,900,000   10,161     119              
Beginning balance at Mar. 31, 2026 (1,662,063)       $ 12,178     $ 0 198,448,429     4,327 (202,255,847) (1,188,182)   $ 166,698   $ 973,746     $ 1,876,587             $ 300,000
Common unit, beginning balance (in shares) at Mar. 31, 2026                                                       300,000
Common stock, beginning balance (in shares) at Mar. 31, 2026         348,565                                              
Treasury stock, beginning balance (in shares) at Mar. 31, 2026               2                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Common stock reverse split - rounding (in shares)         76                                              
Stock-based compensation 440               440                                      
J-Kiss Units (in shares)                                   40                    
J-Kiss Units                                 $ 251,293 $ 251,293                    
Conversion of preferred stock, net of issuance costs and accretion (in shares)             43,599                             15 (25) 58,577        
Conversion of preferred stock, net of issuance costs and accretion   $ 239,268                                   $ 41,468   $ 239,268 $ (381,047) $ 105 $ 499,043 $ (76,633)    
Exercise of warrants/warrants issuance (in shares)         80,431                                              
Exercise of warrants/warrants issuance 673,339       $ 145       673,194                                      
Conversion of convertible securities     $ 372,513       $ 78       $ 372,435                                  
Currency translation adjustment (22,917)                     (22,917)                                
Preferred dividends (97,105)                       (97,105)                              
Net loss (7,302,178)                       (6,974,849) (327,329)                            
Preferred units, ending balance (in shares) at Jun. 30, 2026                             4,900,000 4,900,000 10,201 10,201     109              
Ending balance at Jun. 30, 2026 $ (7,505,942)       $ 12,506     $ 0 $ 199,993,541     $ (18,590) $ (209,404,434) $ (1,515,511)   $ 166,698   $ 1,225,039     $ 1,734,808             $ 300,000
Common unit, ending balance (in shares) at Jun. 30, 2026                                                     300,000 300,000
Common stock, ending balance (in shares) at Jun. 30, 2026 531,248       531,248                                              
Treasury stock, ending balance (in shares) at Jun. 30, 2026 2             2