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Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 990,023 $ 23,617,733
Short-term investments 33,736,091
Accounts and other receivables 1,544,213 1,222,891
Inventory 2,039,655 150,241
Prepaid expenses and other current assets 1,518,430 592,090
TOTAL CURRENT ASSETS 39,828,412 25,582,955
NON-CURRENT ASSETS    
Property and equipment, net 3,268,196 2,319,402
Right-of-use asset, net 5,971,800 297,918
Intangible assets, net 466,223 1,895,074
Security Deposit 518,584
TOTAL ASSETS 50,053,215 30,095,349
CURRENT LIABILITIES    
Accounts payable 217,439 247,778
Deferred revenue 1,658,015 769,180
Accrued expenses and other current liabilities 2,615,734 2,105,036
Current operating lease liability 312,365 317,344
TOTAL CURRENT LIABILITIES 4,803,553 3,439,338
Non-current operating lease liability 6,495,256
Warrant liability 27,703,927
TOTAL LIABILITIES 11,298,809 31,143,265
Commitments and contingencies (Note 12)
STOCKHOLDERS’ EQUITY (DEFICIT)    
Common stock, Par $0.00001; 400,000,000 and 200,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 7,974,380 and 199,110 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively 80 2
Additional paid-in capital 255,576,797 192,305,280
Accumulated deficit (216,822,471) (193,353,198)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 38,754,406 (1,047,916)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 50,053,215 $ 30,095,349