v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 12,567,574 $ 11,750,021
Accounts receivable, net of allowance for credit losses of $0 5,379,360 6,462,675
Prepaid expenses and other 309,808 294,191
Total current assets 18,256,742 18,506,887
OTHER ASSETS    
Other assets 160,528 160,528
Operating lease right of use asset 705,564 807,915
TOTAL ASSETS 19,122,834 19,475,330
CURRENT LIABILITIES:    
Accounts payable - trade 1,208,951 1,149,811
Accrued expenses 53,835 27,966
Current portion of operating lease liability 449,980 438,635
Deferred revenue- current portion 5,488,260 4,668,105
Total current liabilities 7,201,026 6,284,517
NON-CURRENT LIABILITIES:    
Operating lease liability, net of current portion 308,396 425,109
Warrant liability 11,828,604 13,328,006
Earnout liability 3,347,120 2,620,933
Deferred revenue- non-current 3,638,801 3,966,407
Total liabilities 26,323,947 26,624,972
STOCKHOLDERS' DEFICIT:    
Preferred stock - no par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of March 31, 2026 and December 31, 2025 0 0
Common stock - $0.0001 par value, 200,000,000 shares authorized, 34,412,064 and 34,368,162 shares issued and outstanding as of March 31, 2026 and December 31, 2025 3,439 3,434
Additional paid in capital 39,155,450 38,478,030
Accumulated deficit (46,340,831) (45,620,227)
Accumulated other comprehensive loss (19,171) (10,879)
Total stockholders' deficit (7,201,113) (7,149,642)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 19,122,834 $ 19,475,330

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