Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash $ 410,884 $ 3,589,318
Accounts receivable, net 7,125 5,584
Inventories, net 138,370 126,071
Prepaid expenses 107,969 100,730
Marketable securities 43,548 24,660
Deposits – current portion 63,181 0
Total Current Assets 771,077 3,846,363
Property and equipment, net 71,710 60,485
Operating lease right-of-use asset 37,658 108,270
Deposits 0 65,195
Total Assets 880,445 4,080,313
Current Liabilities:    
Accounts payable and accrued liabilities 685,104 702,065
Other current liabilities 0 68,204
Lease liability, current portion 20,534 106,706
Total Current Liabilities 705,638 876,975
Non-Current Liabilities:    
Lease liability, less current portion 0 8,114
Total Non-Current Liabilities 0 8,114
Total Liabilities 705,638 885,089
Contingencies
Stockholders' Equity:    
Common stock, par value $0.001 per share, 15,000,000 shares authorized; 7,386,705 and 7,153,647 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 7,387 7,154
Treasury stock at cost (58,038 and 348,968 shares held at September 30, 2025 and December 31, 2024, respectively) (249,676) (1,055,592)
Additional paid-in capital 30,105,018 30,025,587
Shares to be issued, common shares 52,733 25,573
Accumulated deficit (29,705,709) (25,782,308)
Accumulated other comprehensive loss (34,946) (25,190)
Total Stockholders' Equity 174,807 3,195,224
Total Liabilities and Stockholders' Equity $ 880,445 $ 4,080,313