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Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents (includes restricted cash of $1,000,000 and $1,250,000 at December 31, 2025 and 2024, respectively) $ 3,654,944 $ 4,301,842
Accounts receivable 142,878 164,700
Inventories, net 3,751,549 4,116,180
Prepaid expenses and other current assets 196,104 63,210
Total current assets 7,745,475 8,645,932
Property and equipment, net 443,811 1,089,984
Operating lease right-of- use asset, net 1,088,091 1,406,242
Deposits 68,189 65,556
Intangible assets, net 2,487,822 4,268,332
Goodwill 20,007,670 20,007,670
Total assets 31,841,058 35,483,716
Current liabilities:    
Accounts payable 1,815,727 1,966,616
Accrued expenses 1,917,961 1,768,607
Customer deposits 2,015 95,000
Deferred revenue 130,376 77,051
Secured revolving line of credit 3,212,935 3,805,080
Convertible promissory note 46,137 43,137
Secured notes payable — related party, net of debt discount of $0 and $4,000, at December 31, 2025 and 2024, respectively 2,060,274
Notes payable, current portion 12,240 1,717,632
Operating lease liability, current portion 358,861 316,612
Total current liabilities 7,496,252 11,850,009
Notes payable, net of current portion 651,349 615,000
Deferred income taxes 608,000 1,123,000
Operating lease liability, net of current portion 774,510 1,133,371
Total liabilities 9,530,111 14,721,380
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized;
Common stock, $0.001 par value, 750,000,000 shares authorized; 33,146,517 and 27,021,423 shares issued and outstanding at December 31, 2025 and 2024, respectively 33,147 27,015
Additional paid-in-capital 120,713,202 108,679,065
Common stock issuable, 350,843 and 350,843 shares, respectively 350,843 350,843
Accumulated deficit (98,786,245) (88,294,587)
Total stockholders’ equity 22,310,947 20,762,336
Total liabilities and stockholders’ equity $ 31,841,058 $ 35,483,716