XML 19 R6.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net loss $ (28,252,558) $ (13,106,589)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,092,849 2,505,598
Amortization of loan discount and fees 21,900 2,429,591
Change in fair value of share based payment liability (1,714,790)
Impairment of goodwill and intangible assets 5,674,004 1,388,000
Loss on conversion of accounts payable into common stock 31,471
Shares issued for services 482,227 312,635
Stock-based compensation 169,614
Change in credit reserve (151,611)
Shares issued for loan interest conversion 4,950
Non-cash lease expense 81,374
Deferred tax expense (119,044)
Changes in operating assets and liabilities:    
Accounts receivable, net (109,916) 30,766
Due from factor 116,749 99,236
Inventory 687,280 1,025,660
Prepaid expenses and other current assets 4,449,087 2,027
Accounts payable (71,388) (1,114,242)
Accrued expenses and other liabilities 304,389 498,610
Accrued interest payable 459,428 381,678
Lease liabilities (602,500)
Due to related parties (41,000) 11,909
Deposits (6,900)
Net cash used in operating activities (15,877,168) (6,152,338)
Cash flows from financing activities:    
Issuance of loans and note payable 240,000 790,977
Repayments of convertible notes and loan payable (685,267) (3,869,422)
Proceeds of issuance of Series D preferred stock, net of issuance costs 11,387,000
Proceeds from exercise of warrants 5,807,576
Proceeds for issuance of pre-funded warrants 6,642,433
Issuance of common stock for cash 9,374,441
Net cash provided by financing activities 23,391,742 6,295,996
Net change in cash, cash equivalents, and restricted cash 7,514,574 143,658
Cash, cash equivalents, and restricted cash at beginning of year 164,431 20,773
Cash, cash equivalents, and restricted cash at end of year 7,679,005 164,431
Cash at beginning of year 164,431 20,773
Restricted cash at beginning of year
Cash and restricted cash at beginning of year 164,431 20,773
Cash at end of year 1,934,831 164,431
Restricted cash at end of year 5,744,174
Cash and restricted cash at end of year 7,679,005 164,431
Supplemental disclosure of cash flow information:    
Cash paid for income taxes
Cash paid for interest 47,000 1,838,682
Supplemental disclosure of non-cash investing and financing activities:    
Issuance of pre-funded warrants for prepaid marketing services 2,689,656
Shares issued for prepaid marketing services 13,229,211
Non-cash purchase of intangible assets 2,948,276
Recognition of share-based payment liability 11,120,489
Shares issued for services and conversion of accounts payable $ 82,380 $ 313,816