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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 7,627,382 $ 2,628,987
Investments 1,285,263 4,895,184
Accounts receivable, net 57,957 107,918
Prepaid expenses 356,176 266,935
Inventory prepayments 288,321 424,594
Inventory 1,677,039 831,757
Due from Tekcapital and Affiliates 23,394
Other current assets 40,851 59,447
Total Current Assets 11,332,989 9,238,216
Non-Current Assets    
Intangible assets, net 435,043 451,302
Property and equipment, net 58,330 107,562
Other non-current assets 109,410 41,229
TOTAL ASSETS 11,935,772 9,838,309
Current Liabilities    
Accounts payable and accrued expenses 483,225 692,817
Deferred revenue 68,302 44,901
Due to Tekcapital and Affiliates 54,533
Total Current Liabilities 606,060 737,718
Non-Current Liabilities    
Long-term payment plan with vendor 52,458
Deferred revenue 5,450
TOTAL LIABILITIES 658,518 743,168
Commitments and contingencies (see Note 7)
Stockholders’ Equity    
Common stock (par value $0.00001, 50,000,000 shares authorized: 4,574,602 shares issued and outstanding and 254,282 shares held in abeyance as of June 30, 2025, and 2,452,632 shares issued and outstanding as of December 31, 2024) 48 25
Additional paid-in capital 39,897,933 33,831,046
Accumulated deficit (28,620,727) (24,735,930)
TOTAL STOCKHOLDERS’ EQUITY 11,277,254 9,095,141
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 11,935,772 $ 9,838,309