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Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 9,702,755 $ 4,739,426
Accounts receivable, net of allowance for credit losses of $0 1,451,904 673,071
Prepaid expenses 704,215 885,040
Inventories 588,776 481,840
Other current assets 6,312 47,532
Total current assets 12,453,962 6,826,909
Deferred offering costs   241,637
Total assets 12,453,962 7,068,546
Current Liabilities:    
Accounts payable and accrued expenses 1,953,959 1,711,778
Accrued compensation 265,881 1,324,010
Note payable 5,000,000 5,000,000
Accrued interest payable 1,736,953 1,612,295
Total current liabilities 8,956,793 9,648,083
Total liabilities 8,956,793 9,648,083
Commitments and contingencies (Note 3)
Stockholders' equity (deficit):    
Preferred stock, $0.0001 par value; authorized shares - 5,000,000 as of March 31, 2024 and December 31, 2023; issued and outstanding shares - zero as of March 31, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value; authorized shares - 50,000,000 as of March 31, 2024 and December 31, 2023; issued and outstanding shares - 8,597,405 and 3,343,070 as of March 31, 2024 and December 31, 2023, respectively 859 334
Additional paid-in capital 128,515,568 120,859,567
Accumulated deficit (125,019,258) (123,439,438)
Total stockholders' equity (deficit) 3,497,169 (2,579,537)
Total liabilities and stockholders' equity (deficit) $ 12,453,962 $ 7,068,546