v3.26.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,456,373 $ 42,571
Accounts receivable, net 1,174,336 1,137,219
Inventories, net 1,510,123 1,639,426
Due from related party 26,068
Prepaid and other current assets 465,738
Total current assets 5,632,638 2,819,216
Property, plant and equipment, net 173,879 229,376
Capitalized software 2,297,588 1,850,358
Operating lease, right-of-use-assets 719,645 966,893
Goodwill 14,193,923 14,193,923
Other intangible assets, net 9,656,751 10,314,675
Deposits 85,008 85,008
Total assets 32,759,432 30,459,449
Current liabilities:    
Accrued expenses and other liabilities 7,003,749 6,407,722
Due to related parties 225,000
Convertible notes payable, net of debt discount 12,101,803
Current portion of debt obligations, net of debt discount 7,104,225 10,887,520
Operating lease liabilities- current portion 566,379 569,251
Total current liabilities 39,413,823 29,780,128
Operating lease liabilities 249,840 527,122
Total liabilities 52,263,663 42,907,250
Commitments and contingencies (Note 14)
Stockholders’ equity (deficit):    
Common stock, $0.0001 par value, 500,000,000 shares authorized, 2,847,198 and 2,045,792 shares issued and 2,836,484 and 2,026,150 shares outstanding as of June 30, 2026 and December 31, 2025, respectively 283 203
Additional paid-in capital 117,632,998 98,583,686
Accumulated deficit (137,137,512) (111,031,690)
Total stockholders’ equity (deficit) (19,504,231) (12,447,801)
Total liabilities and stockholders’ equity (deficit) 32,759,432 30,459,449
Nonrelated Party [Member]    
Current liabilities:    
Accounts payable 12,612,167 11,665,135
Notes payable 12,600,000 12,600,000
Related Party [Member]    
Current liabilities:    
Accounts payable $ 25,500 $ 25,500