Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS
Jun. 30, 2026
USD ($)
Dec. 31, 2025
USD ($)
Current Assets:    
Cash $ 1,600,258 $ 7,934,958
Accounts receivable, net 68,643 7,125
Inventories, net 84,950 99,813
Other receivables 0 20,000
Prepaid expenses 243,482 492,953
Marketable securities 0 22,887
Deposit – current portion 46,655 69,393
Total Current Assets 2,043,988 8,647,129
Property and equipment, net 17,575,589 66,705
Operating lease right-of-use asset 149,172 12,501
Capitalized software costs 247,865 159,179
Deposits 14,446 0
Total Assets 20,031,060 8,885,514
Current Liabilities:    
Accounts payable and accrued liabilities 417,089 358,007
Other current liabilities 234,191 0
Loan, current portion 129,290 0
Lease liability, current portion 55,853 8,464
Total Current Liabilities 836,423 366,471
Non-Current Liabilities:    
Loan, less current portion 10,869,416 0
Other liability 63,484 0
Lease liability, less current portion 61,701 0
Total Liabilities 11,831,024 366,471
Redeemable Preferred Stock:    
Contingencies  
Stockholders’ Equity:    
Common stock, par value $0.001 per share, 1,000,000,000 shares authorized; 702,745 and 228,774 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 703 229
Treasury stock (54,494 and 4,271 shares held at June 30, 2026 and December 31, 2025, respectively) (848,533) (494,390)
Additional paid-in capital 43,071,198 34,038,844
Shares to be issued, common shares (1,534 and 1,449 shares at June 30, 2026 and December 31, 2025, respectively) 12,019 82,884
Accumulated deficit (34,015,113) (31,023,411)
Accumulated other comprehensive loss (20,238) (31,397)
Total Stockholders’ Equity 8,200,036 2,572,759
Total Liabilities, Redeemable Preferred Stock and Stockholders’ Equity 20,031,060 8,885,514
Series B Convertible Redeemable Preferred Stock [Member]    
Redeemable Preferred Stock:    
Preferred stock value $ 0 $ 5,946,284