v3.26.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 2,219,428 $ 2,694,663
Accounts receivable, net 2,354,935 1,220,822
Inventory 367,063 370,879
Prepaid expenses and other 337,445 251,323
Total current assets 5,278,871 4,537,687
Equipment and leasehold improvements, net 32,051 67,751
Capitalized contract costs, net 229,599 311,591
Deposits and other assets 7,976 7,976
Operating lease right-of-use assets 132,603 47,953
Investments 2,500,000 2,500,000
Intangible assets, net 662,572 830,357
Total non-current assets 3,564,801 3,765,628
TOTAL ASSETS 8,843,672 8,303,315
LIABILITIES    
Accounts payable 321,809 507,357
Accrued liabilities 1,194,591 1,333,930
Deferred revenue, current 542,486 572,513
Operating lease liabilities, current portion 67,735 27,728
Total current liabilities 2,138,972 3,096,160
Deferred revenue, long term 80,694 62,584
Deferred tax liability 16,500 16,500
Operating lease liabilities, net of current portion 65,864 21,266
Total non-current liabilities 163,058 100,350
TOTAL LIABILITIES 2,302,030 3,196,510
Commitments and Contingencies
STOCKHOLDERS’ EQUITY    
Common stock — authorized, 170,000,000 shares; issued and outstanding; 2,035,149 of $.0001 par value at September 30, 2026 and 1,085,360 at December 31, 2025, respectively 204 109
Additional paid-in capital 149,245,962 141,497,741
Accumulated other comprehensive income (loss) (68,700) 74,803
Accumulated deficit (142,635,824) (136,465,848)
TOTAL STOCKHOLDERS’ EQUITY 6,541,642 5,106,805
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 8,843,672 8,303,315
Senior Secured Promissory Note [Member]    
LIABILITIES    
Debt, current 0 604,102
Government Loan [Member]    
LIABILITIES    
Debt, current $ 12,351 $ 50,530