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Balance Sheets (Tables)

3 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Accounts Receivable, Net

As of March 31, 2024 and December 31, 2023, accounts receivable, net consist of the following:

Schedule of Accounts Receivable, Net

		March 31, 2024				December 31, 2023
Accounts receivable		$	1,474,539			$	2,216,235
Less: Allowance for credit losses*			(123,184	)			(158,689	)
Accounts receivable, net		$	1,351,355			$	2,057,546

* Allowance for credit losses - Accounts receivable, net represent amounts billed and due from customers. Substantially all accounts receivable on March 31, 2024 are expected to be collected in 2024.

Schedule of Inventories

As of March 31, 2024 and December 31, 2023, inventories, net consist of the following:

Schedule of Inventories

		March 31, 2024				December 31,2023
Raw materials		$	4,319,010			$	4,648,966
Work in process			838,374				903,217
Finished goods			1,653,575				1,806,239
Gross inventories			6,810,959				7,358,422
Less: Provision for obsolescence			(372,753	)			(421,442	)
Inventories, net		$	6,438,206			$	6,936,980

Schedule of Prepaid and Other Current Assets

As of March 31, 2024 and December 31, 2023, prepaid and other current assets consist of the following:

Schedule of Prepaid and Other Current Assets

		March 31, 2024				December 31, 2023
Prepaid inventories		$	155,482			$	12,738
Prepaid software licenses and annual fees			245,442				182,510
Prepaid rent			92,578				51,497
Prepaid insurance			52,847				166,210
Prepaid value-added tax charges			54,552				63,209
Prepaid other and other current assets			119,744				72,397
Prepaid and other current assets		$	720,645			$	548,561

Schedule of Property and Equipment, Net

As of March 31, 2024 and December 31, 2023, property and equipment, net consist of the following:

Schedule of Property and Equipment, Net

		Estimated
Type		Useful Life (Years)				March 31, 2024				December 31, 2023
Leasehold improvements			3			$	89,272			$	136,382
Production tools and equipment			5				892,527				1,003,726
Computer and office equipment			3-5				356,256				407,747
Furniture			5				58,843				74,420
Drone equipment			3				130,163				170,109
Total Property and equipment							1,527,061				1,792,384
Less: Accumulated depreciation							(860,909	)			(992,492	)
Total: Property and equipment, net						$	666,152			$	799,892

Schedule of Intangible Assets, Net

As of March 31, 2024 and December 31, 2023, intangible assets, net, other than goodwill, consist of following:

 Schedule of Intangible Assets, Net 

Name		Estimated Life (Years)				Balance as of December 31, 2023				Additions				Amortization				Balance as of March 31, 2024
Intellectual property/technology			5-7			$	606,354			$	—			$	(37,124	)		$	569,230
Customer base			3-10				999,774				—				(35,286	)			964,488
Trade names and trademarks			5-10				427,005				—				(15,071	)			411,934
Internal use software costs			3				582,148				20,683				(91,891	)			510,940
Total intangibles assets, net						$	2,615,281			$	20,683			$	(179,372	)		$	2,456,592

Schedule of Intangible Assets Future Amortization Expenses

For the following years ending, the future amortization expense consists of the following:

Schedule of Intangible Assets Future Amortization Expenses

			(Rest of year) 2024				2025				2026				2027				2028				Thereafter				Total
		For the Years Ending December 31,
		(rest of year) 2024				2025				2026				2027				2028				Thereafter				Total
Intellectual property/technology		$	111,371			$	148,495			$	148,495			$	148,495			$	12,374			$	—			$	569,230
Customer base			105,859				141,145				141,145				141,145				141,145				294,049				964,488
Trade names and trademarks			45,215				60,283				60,283				60,283				60,283				125,587				411,934
Internal use software costs			281,988				198,146				30,806				—				—				—				510,940
Total intangible assets, net		$	544,433			$	548,069			$	380,729			$	349,923			$	213,802			$	419,636			$	2,456,592

Schedule of Accrued Liabilities

As of March 31, 2024 and December 31, 2023, accrued liabilities consist of the following:

Schedule of Accrued Liabilities

		March 31, 2024				December 31, 2023
Accrued purchases		$	—			$	290,126
Accrued compensation and related liabilities			379,119				278,794
Provision for warranty expense			286,818				303,217
Accrued dividends			573,462				512,227
Accrued professional fees			352,459				211,086
Accrued interest			82,558				326,945
Other			16,224				21,957
Total accrued liabilities		$	1,690,640			$	1,944,352

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