XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 38,777,166 $ 1,174,608
Prepaid expenses and other current assets 343,091 1,499,219
Short-term notes receivable, net of allowance for credit losses of $261,000 at September 30, 2025 and $360,000 at December 31, 2024 4,348,107 2,010,692
Total current assets 43,468,364 4,684,519
Other assets 2,000 2,000
Total Assets 43,470,364 4,686,519
Current liabilities    
Accounts payable 1,282,224 1,568,065
Accrued expenses and other current liabilities 41,896 170,243
Warrant liabilities 362,323 269,175
Convertible debt 339,736
Promissory notes 2,897,107
Total current liabilities 4,923,286 2,007,483
Commitments and Contingencies (Note 10)
Stockholders’ Equity (Deficit)    
Preferred stock, $0.001 par value; 15,000,000 shares authorized; 45,044 and 6,256 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 36,100,334 5,716,400
Common stock, $0.001 par value; 225,000,000 shares authorized; 3,056,822   and 736,431 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 67,734 65,314
Additional paid-in capital 131,809,991 119,958,897
Accumulated deficit (129,430,981) (123,061,575)
Total Stockholders’ Equity (Deficit) 38,547,078 2,679,036
Total Liabilities & Stockholders’ Equity (Deficit) $ 43,470,364 $ 4,686,519