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Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 12,624,090 $ 13,596,600
Accounts receivable, net of allowance for credit losses of $0 2,511,490 2,420,373
Prepaid expenses 523,910 731,945
Inventories 532,145 445,081
Other current assets 39,240 43,898
Total current assets 16,230,875 17,237,897
Operating lease right-of-use asset 138,758 154,184
Deferred offering costs   120,614
Other long-term assets 6,312 6,312
Total assets 16,375,945 17,519,007
Current liabilities:    
Accounts payable and accrued expenses 2,781,203 2,341,191
Accrued compensation 371,732 865,650
Operating lease liability 61,625 59,533
Note payable 5,000,000 5,000,000
Accrued interest payable 2,236,953 2,113,665
Total current liabilities 10,451,513 10,380,039
Operating lease liability, net of current portion 83,217 100,958
Total liabilities 10,534,730 10,480,997
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value; authorized shares - 5,000,000 as of March 31, 2025 and December 31, 2024; issued and outstanding shares - zero as of March 31, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value; authorized shares - 100,000,000 and 50,000,000as of March 31, 2025 and December 31, 2024, respectively; issued and outstanding shares - 1,492,858 and 1,486,009 as of March 31, 2025 and December 31, 2024, respectively 149 149
Additional paid-in capital 135,938,876 135,829,493
Accumulated deficit (130,097,810) (128,791,632)
Total stockholders' equity 5,841,215 7,038,010
Total liabilities and stockholders' equity $ 16,375,945 $ 17,519,007