v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net loss $ (3,003,328) $ (4,243,658)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 41,790 58,378
Stock-based compensation 511,440 835,025
Amortization of intangible assets 380,898 380,898
Amortization of product development costs 218,870 217,242
Amortization of software development costs 569,459 336,954
Loss on disposal of fixed assets 1,617 1,195
Amortization of operating lease right-of-use assets 26,222
Change in unrealized (gain) on investments (6,716) (18,004)
Changes in operating assets and liabilities:    
Accounts receivable (3,491) (144,613)
Inventory 206,728 258,780
Prepaid expenses and other current assets (157,465) (97,192)
Accounts payable (244,949) (293,651)
Accrued expenses (92,390) (126,539)
Deferred revenue 15,682 174,831
Other long-term liabilities (28,155)
Net Cash Used in Operating Activities (1,563,788) (2,660,354)
Cash Flows from Investing Activities    
Purchase of equipment and website development (61,952) (5,648)
Product development costs (562,326) (13,856)
Software development costs (98,965) (641,949)
Redemption/sale of government securities 4,041,824
Purchase of investments in government securities (1,227,608) (7,947,962)
Net Cash Provided by (Used in) Investing Activities 2,090,973 (8,609,415)
Cash Flows from Financing Activities    
Proceeds from the sale of common stock and warrants 14,377,835
Fees paid in connection with equity offerings (1,773,169)
Proceeds from exercise of warrants for common stock 22,147
Repurchase of Series F preferred stock (319,000)
Repurchase of warrants (130,000)
Series C redeemable preferred stock dividends (150,000) (150,000)
Net Cash (Used in) Provided by Financing Activities (599,000) 12,476,813
Net (Decrease) Increase in Cash and Cash Equivalents (71,815) 1,207,044
Cash and Cash Equivalents - Beginning of Period 3,567,487 3,806,915
Cash and Cash Equivalents - End of Period 3,495,672 5,013,959
Non-cash investing and financing activities:    
Series H preferred stock conversion to common stock 472,245
Website development costs included in accounts payable and accrued expenses 20,172 2,080
Fees in connection with offering costs included in accounts payable and accrued expenses 57,290
Product development costs included in accounts payable and accrued expenses 94,664 105,509
Software development costs included in accounts payable and accrued expenses $ 53,417 $ 331,944