v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 141,955 $ 358,966
EPA fulfillment asset 1,342,966 1,503,477
Prepaid expenses 202,399 237,610
Other current assets 72,460 188,074
Total current assets 4,116,726 3,484,380
Property and equipment, net 9,225,389 475,959
Right-of-use asset 1,994,787 485,482
Other non-current assets 221,995 221,995
Total assets 15,558,897 4,667,816
Current liabilities:    
Accounts payable 8,254,898 3,581,715
Deferred revenue 1,544,000 1,544,000
EPA contract liability 5,146,066 5,169,691
Accrued liabilities 2,027,076 2,257,953
Operating lease liability - short-term 681,155 229,899
Debt - current 9,267,852 505,759
Total current liabilities 26,921,047 13,289,017
Long-term liabilities    
Operating lease liability - long-term 1,020,844 306,904
Total liabilities 27,941,891 13,595,921
Stockholders’ deficit:    
Preferred stock, 5,000,000 authorized, $0.00001 par value per share, none issued and outstanding as of June 30, 2026, and December 31, 2025 0 0
Common stock, 350,000,000 authorized, $0.00001 par value per share, 13,677,497 and 7,736,129 issued and outstanding as of June 30, 2026, and December 31, 2025, respectively 137 78
Additional paid-in capital 110,829,668 103,660,277
Accumulated deficit (123,212,799) (112,588,460)
Total stockholders’ deficit (12,382,994) (8,928,105)
Total liabilities and stockholders’ deficit 15,558,897 4,667,816
Nonrelated Party [Member]    
Current assets:    
Accounts receivable, net of allowance 0 0
Related Party [Member]    
Current assets:    
Accounts receivable, net of allowance $ 2,356,946 $ 1,196,253