v3.26.3
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Accounts Receivable

Accounts receivable consisted of the following:

 

    September 30,     December 31,  
    2026     2025  
Accounts receivable   $ 648,386     $ -  
Less: allowance for expected credit losses     (5,000 )            -  
Accounts receivable, net   $ 643,386     $ -  
Schedule of Inventories

Inventories consisted of the following:

 

    September 30,     December 31,  
    2026     2025  
Raw materials   $ 326,944     $ -  
Work-in-progress     314,739              -  
Finished goods     287,923       -  
    $ 929,606     $ -  
Schedule of Property, Plant and Equipment

Property, plant and equipment are stated at cost. Repair and maintenance costs that do not improve service potential or extend economic life are expensed as incurred. Depreciation is recorded principally by the straight-line method over the estimated useful lives of the Company’s assets, which are reviewed periodically and generally have the following ranges:

 

Buildings and improvements   39 years
Machinery and equipment   7-15 years
Land   Not depreciated
Furniture and fixtures   5 years
Computer equipment   3 years
Leasehold improvements   Remaining lease term
Schedule of Company’s Assets Measured at Fair Value

The following table presents the Company’s assets measured at fair value on a recurring basis as of September 30, 2026:

 

    Level 1     Level 2     Level 3     Total  
Marketable securities   $ 132,003       -       -     $ 132,003  
Schedule of Computation of Diluted Net Loss Per Share

As of September 30, 2026 and 2025, the following potentially dilutive securities were excluded from the computation of diluted net loss per share for the three and nine months then ended because their effect would have been anti-dilutive:

 

    September 30,  
    2026     2025  
    (shares)     (shares)  
Stock options     1,680,469       461,836  
Warrants     104,166       8,262,208  
Convertible debt     -       72,464  
Series D and E preferred shares (as converted)     421,942,500       -