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Condensed Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,386,041 $ 9,266,353
Accounts receivable, net 172,264 616,600
Inventory 6,105,267 5,740,249
Prepaid and other current assets 679,917 833,133
Total current assets 12,343,489 16,456,335
Property and equipment, at cost:    
Leasehold improvements 1,238,886 1,238,886
Office equipment 80,941 78,155
Furniture and fixtures 421,798 417,876
Machinery and equipment 3,095,633 3,065,713
Construction in progress 955,271 897,885
Property and equipment, gross 5,792,529 5,698,515
Less accumulated depreciation (3,868,518) (3,802,940)
Net property and equipment 1,924,011 1,895,575
Long-term assets:    
Lease right-of-use assets, net 1,178,941 1,297,121
Intangible assets, net of accumulated amortization 124,252 134,914
Other long-term assets 924,552 940,232
Total long-term assets 2,227,745 2,372,267
Total assets 16,495,245 20,724,177
Current liabilities:    
Accounts payable 1,597,591 1,830,124
Accrued expenses 1,024,706 1,265,773
Clinical holdback – current portion 52,572 52,644
Operating lease liabilities – current portion 480,286 487,624
Total current liabilities 3,155,155 3,636,165
Long-term liabilities:    
Clinical holdback – long-term portion 54,487 52,370
Convertible notes payable, net 3,335,176 3,178,864
Conversion option liability 488,000 2,014,000
Warrants liabilities 1,260,000 4,943,000
Operating lease liabilities – long-term portion 912,534 1,030,476
Total long-term liabilities 6,050,197 11,218,710
Total liabilities 9,205,352 14,854,875
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par, 200,000,000 authorized, 60,507,909 shares issued and 60,390,686 outstanding as of March 31, 2026; and 59,720,010 shares issued and 59,602,787 outstanding as of December 31, 2025 60,508 59,720
Treasury stock, 117,223 common Shares (60,000) (60,000)
Warrants 5,246,150 5,246,150
Additional paid in-capital 147,023,279 146,449,576
Accumulated deficit (144,980,044) (145,826,144)
Total stockholders’ equity 7,289,893 5,869,302
Total liabilities and stockholders' equity $ 16,495,245 $ 20,724,177