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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Pre-tax (Loss) Income

For the years ended December 31, 2024 and 2023, pre-tax (loss) income was attributed to the following jurisdictions:

		For the Year Ended December 31,
		2024				2023
Domestic operations		$	(15,165,728	)		$	(9,194,652	)
Foreign operations			2,257,896				3,405,604
(Loss) income before taxes		$	(12,907,831	)		$	(5,789,048	)

Schedule of Tax Provision for Income Taxes

The components of the tax provision for income taxes are as follows:

		For the Year Ended December 31,
		2024				2023
Current:
Federal		$	-			$	24,641
State			2,560				23,153
International			695,860				974,830
			698,420				1,022,624
Deferred:
Federal			-				(95,496	)
State			-				-
International			28,082				-
			28,082				(95,496	)
Total provision for income taxes		$	726,502			$	927,128

Schedule of Taxes on Income Vary from Statutory Federal Income Tax Rate Applied to Earnings Before Tax on Income

Taxes on income vary from the statutory federal income tax rate applied to earnings before tax on income as follows:

		For the Year Ended December 31,
		2024				2023
Provision at federal statutory rates (21% applied to earnings before income    taxes)		$	(2,710,645	)		$	(1,215,486	)
State income taxes, net of federal benefit			(857,297	)			(252,544	)
Other permanent items			87,165				(60,372	)
Stock based compensation			(2,757	)			85,990
Goodwill impairment			-				704,987
Research and development credits			(205,533	)			800,550
Change in reserve for uncertain tax positions			66,950				(338,894	)
Change in valuation allowance			4,182,133				984,921
Other			166,486				217,976
		$	726,502			$	927,128

Schedule of Deferred Income Tax Assets and Liabilities

Deferred income tax assets and liabilities arising from differences accounting for financial statement purposes and tax purposes, less valuation reserves at year end are as follows:

		For the Year Ended December 31,
		2024				2023
Deferred tax assets:
Reserves		$	557,566			$	59,564
Deferred compensation			128,748				139,805
Stock compensation			347,616				295,392
Deferred revenue			66,170				87,770
Inventories			2,257,220				617,929
Credits and loss carryforward			4,822,030				3,102,512
Capitalized research and experimental expenditures			1,588,187				1,206,082
Lease liabilities			480,317				528,698
Total deferred tax assets before valuation allowance			10,247,854				6,037,752
Deferred tax liabilities:
Property and equipment			(217,404	)			(373,645	)
Other			(555,424	)			(305,036	)
ROU assets			(405,910	)			(464,187	)
Total deferred tax liabilities			(1,178,738	)			(1,142,868	)
Net deferred tax assets before valuation allowance			9,069,116				4,894,884
Valuation allowance			(9,121,690	)			(4,939,557	)
Net deferred tax liabilities		$	(52,574	)		$	(44,673	)

Schedule of Reconciliation Beginning and Ending Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

Unrecognized tax benefits balance on December 31, 2022			1,218,396
Gross increases for tax positions of the prior year			55,431
Gross decrease for tax positions of the current year			(505,258	)
Gross increases for tax positions of the current year			50,711
Unrecognized tax benefits balance on December 31, 2023			819,280
Gross decrease for tax positions of the current year			-
Gross increases for tax positions of the current year			69,635
Unrecognized tax benefits balance on December 31, 2024		$	888,916

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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