v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 12,743,874 $ 11,750,021
Accounts receivable, net of allowance for credit losses of $0 6,284,000 6,462,675
Inventory 1,078,859 0
Prepaid expenses and other 23,884 294,191
Total current assets 20,130,617 18,506,887
OTHER ASSETS    
Other assets 160,528 160,528
Operating lease right of use asset 494,427 807,915
TOTAL ASSETS 20,785,572 19,475,330
CURRENT LIABILITIES:    
Accounts payable - trade 1,233,300 1,149,811
Accrued expenses 158,146 27,966
Current portion of operating lease liability 473,336 438,635
Deferred revenue- current portion 6,903,060 4,668,105
Total current liabilities 8,767,842 6,284,517
NON-CURRENT LIABILITIES:    
Operating lease liability, net of current portion 66,039 425,109
Warrant liability 5,831,002 13,328,006
Earnout liability 309,204 2,620,933
Deferred revenue- non-current 4,271,742 3,966,407
Total liabilities 19,245,829 26,624,972
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock - no par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of September 30, 2026 and December 31, 2025 0 0
Common stock - $0.0001 par value, 200,000,000 shares authorized, 34,439,562 and 34,368,162 shares issued and outstanding as of September 30, 2026 and December 31, 2025 3,441 3,434
Additional paid in capital 40,705,777 38,478,030
Accumulated deficit (39,132,825) (45,620,227)
Accumulated other comprehensive loss (36,650) (10,879)
Total stockholders' equity (deficit) 1,539,743 (7,149,642)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 20,785,572 $ 19,475,330