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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 3,542,754 $ 6,662,008
Accounts receivable, net 722,545 731,328
Inventory 210,934 213,408
Prepaid expenses 250,427 262,278
Deferred offering costs 47,384 47,384
Total current assets 4,774,044 7,916,406
Property, plant and equipment, net 15,000 15,500
Notes receivable 5,000,000 5,000,000
Interest receivable 343,750 250,000
Intangible assets, net 70,519,218 70,973,064
Operating lease right-of-use assets 9,693 23,360
Total assets 80,661,705 84,178,330
Current liabilities:    
Accounts payable 1,404,794 1,443,266
Accrued liabilities 703,872 657,034
Operating lease liability - current 10,004 24,137
Warrant liability 10,914
Development agreement liability - current portion 685,000 600,000
Total current liabilities 2,803,670 2,735,351
Development agreement liability 285,000
Deferred tax liability 11,037,595 11,037,595
Total liabilities 13,841,265 14,057,946
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock, $0.00001 par value; 100,000,000 shares authorized; 40,630,815 and 40,630,815 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 1,015,000 and 1,015,000 shares unvested as of March 31, 2026 and December 31, 2025, respectively 406 406
Additional paid-in capital 150,773,535 150,671,215
Accumulated deficit (83,953,501) (80,551,237)
Total stockholders’ equity 66,820,440 70,120,384
Total liabilities and stockholders’ equity 80,661,705 84,178,330
Series A Preferred Stock [Member]    
Stockholders’ equity:    
Preferred Stock
Series B Preferred Stock [Member]    
Stockholders’ equity:    
Preferred Stock
Series C Preferred Stock [Member]    
Stockholders’ equity:    
Preferred Stock
Series X Preferred Stock [Member]    
Stockholders’ equity:    
Preferred Stock