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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 8,707,353 $ 9,452,826
Accounts receivable, net 56,844 13,041
Contract assets, net 234,328 234,328
Inventory, net 20,283 25,980
Prepaid expenses and other 179,258 368,068
Total Current Assets 9,198,066 10,094,243
Noncurrent Assets    
Property and equipment, net 4,566 5,698
Intangible assets, net 1,830 1,830
Deposits 14,747 14,747
Operating lease right-of-use asset 216,891 245,270
Total Noncurrent Assets 238,034 267,545
TOTAL ASSETS 9,436,100 10,361,788
Current Liabilities    
Accounts payable and accrued liabilities 514,962 550,477
Deferred revenue 474,679 343,790
Current portion of operating lease liability 137,875 135,651
Total Current Liabilities 1,127,516 1,029,918
Noncurrent Liabilities    
Operating lease liability, net of current portion 101,314 134,147
Total Noncurrent Liabilities 101,314 134,147
TOTAL LIABILITIES 1,228,830 1,164,065
Commitments and Contingencies (Note 9)
SHAREHOLDERS’ EQUITY    
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.00001 par value; 200,000,000 authorized; 802,346 and 793,109 shares issued and outstanding, respectively 8 8
Additional paid in capital 49,612,075 49,533,950
Accumulated deficit (41,404,813) (40,336,235)
Total Shareholders’ Equity 8,207,270 9,197,723
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 9,436,100 $ 10,361,788