v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 143,781 $ 531,277
Accounts receivable, net 50,258,621 248,771
Prepaid expenses and other current assets 303,984 208,178
Total current assets 50,706,386 988,226
Property and equipment, net 853,187 928,550
Operating lease right-of-use assets 759,564 786,135
Investment in equity securities 35,000,000 35,000,000
Intangible assets, net 50,000 50,000
Restricted cash 307,697 302,262
Total assets 87,676,834 38,055,173
Current liabilities:    
Accounts payable 3,162,758 1,081,936
Accrued compensation and benefits 46,215 30,208
Accrued liabilities 8,232,390 3,151,485
Short-term insurance financing 208,050 86,997
Current portion of operating lease liabilities 218,087 202,490
Total current liabilities 11,867,500 4,553,116
Operating lease liabilities, net of current portion 1,532,784 1,645,399
Total liabilities 13,400,284 6,198,515
Stockholders’ equity:    
Common stock, $0.01 par value; 100,000,000 shares authorized; 12,398,054 and 10,149,411 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 123,981 101,494
Additional paid-in capital 302,271,230 301,621,893
Common stock issuable 11,420
Accumulated deficit (228,119,955) (269,880,466)
Accumulated other comprehensive income 1,292 2,315
Total stockholders’ equity 74,276,550 31,856,658
Total liabilities and stockholders’ equity 87,676,834 38,055,173
Series D Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value $ 2 $ 2