XML 16 R5.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows From Operating Activities:    
Net (Loss) $ (1,243,869) $ (1,179,771)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 76,859 64,793
Accounts receivable (609,601) 426,673
Inventory 78,399 (568,834)
Deposits (71,740) (70,457)
Prepaid expenses 154,726 139,931
Reduction in right-of-use asset 52,788 35,993
Accounts Payable & accrued expenses (455,836) (486,009)
Lease liability (54,001) (17,160)
Income tax payable 175 (40,161)
Net Cash Flows (Used In) Operating Activities (2,072,100) (1,695,002)
Cash Flows From Investing Activities:    
Purchase of intangible assets (99,389) (204,527)
Purchase of equipment (5,129) (7,490)
Net Cash Flows (Used In) Investing Activities (104,518) (212,017)
Cash Flows From Financing Activities:    
Exercise of warrants 0 355,297
Net Cash Flows Provided by Financing Activities 0 355,297
Cash and Cash Equivalents at Beginning of Period 9,123,308 9,686,529
Net increase (decrease) in cash and cash equivalents (2,176,618) (1,551,722)
Effect of exchange rate changes on cash (33,677) (10,197)
Cash and Cash Equivalents at End of Period 6,913,013 8,124,610
Supplementary Disclosure of Cash Flow Information:    
Cash paid for interest 0 0
Cash paid for income taxes $ 0 $ 0