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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 574,485 $ 580,230
Short-term investments 2,905,438 2,368,203
Accounts receivable (Includes related party of $3,007 and $3,614, respectively) 13,043 9,369
Inventory 174,578 156,420
Prepaid expenses and other current assets 293,597 315,670
Total Current Assets 3,961,141 3,429,892
ROU Asset 496
Intangible assets, net 260,727 105,528
Equity Method Investment 864 96,000
Total Assets 4,222,732 3,631,916
Current Liabilities:    
Accounts payable 155,949 159,534
Accrued expenses (Includes related party of $240,000 and $0, respectively) 390,745 261,284
Lease liability, current portion 4,463
Total Current Liabilities 546,694 425,281
Total Liabilities 546,694 425,281
Stockholders’ Equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized; 13,303,523 and 7,436,562 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively 13,304 7,437
Accumulated other comprehensive loss (513) (405)
Additional paid in capital 88,308,478 80,237,652
Accumulated deficit (84,645,231) (77,038,049)
Total Stockholders’ Equity 3,676,038 3,206,635
Total Liabilities and Stockholders’ Equity $ 4,222,732 $ 3,631,916