XML 13 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash $ 26,911,440 $ 29,858,655
Accounts receivable, net 753,390 3,448,909
Inventories, net 5,719,108 5,662,384
Investment in equity securities, at fair value 9,477,682 0
Prepaid and other current assets 619,565 556,655
Total current assets 43,481,185 39,526,603
Property and equipment, net 626,432 331,818
Right-of-use assets 3,551,069 1,869,589
Intangible assets, net 38,946 56,850
Other assets 416,045 444,481
Total assets 48,113,677 42,229,341
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 1,274,023 1,610,229
Accrued liabilities 1,726,489 2,300,684
Contract liabilities 83,279 127,874
Current portion of operating lease liability 1,137,611 849,599
Total current liabilities 4,376,595 4,993,173
Long-term portion of operating lease liability 2,457,247 1,024,878
Long-term portion of COVID loan 154,989 209,563
Warrant liabilities 55,000 50,000
Defined benefit plan obligation 212,038 215,021
Total liabilities 7,255,869 6,492,635
COMMITMENTS AND CONTINGENCIES (NOTE 9)
STOCKHOLDERS’ EQUITY:    
Common Stock, $0.001 par value, 200,000,000 shares authorized, 57,346,783 and 43,613,800 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 57,347 43,614
Additional paid-in capital 271,660,183 266,736,538
Accumulated deficit (231,163,762) (231,234,641)
Accumulated other comprehensive income 304,038 191,185
Total stockholders’ equity 40,857,808 35,736,706
Total liabilities and stockholders’ equity 48,113,677 42,229,341
Series F Convertible Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY:    
Preferred Stock 2 4
Series G Convertible Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY:    
Preferred Stock 0 6
SenseFly COVID Loans [Member]    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Current portion of COVID loan $ 155,193 $ 104,787