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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 5,131,502 $ 990,023
Short-term investments 39,245,418 33,736,091
Accounts and other receivables 2,731,893 1,544,213
Inventory 1,784,315 2,039,655
Prepaid expenses and other current assets 1,034,644 910,605
TOTAL CURRENT ASSETS 49,927,772 39,220,587
NON-CURRENT ASSETS    
Property and equipment, net 3,467,825 3,268,196
Right of use asset, net 5,754,120 5,971,800
Intangible assets, net 462,091 466,223
Other non-current assets 1,346,084 1,126,409
TOTAL NON-CURRENT ASSETS 11,030,120 10,832,628
TOTAL ASSETS 60,957,892 50,053,215
CURRENT LIABILITIES    
Accounts payable 372,714 217,439
Deferred revenue 2,249,955 1,658,015
Accrued expenses and other current liabilities 862,020 2,615,734
Current operating lease liability 650,312 312,365
TOTAL CURRENT LIABILITIES 4,135,001 4,803,553
NON-CURRENT LIABILITIES    
Non-current operating lease liability 6,253,061 6,495,256
TOTAL NON-CURRENT LIABILITIES 6,253,061 6,495,256
TOTAL LIABILITIES 10,388,062 11,298,809
Commitments and Contingencies (Note 12)
STOCKHOLDERS’ EQUITY    
Preferred stock, Par $0.00001, 10 million shares authorized; no shares issued and outstanding as of March 31, 2026 and December 31, 2025
Common stock, Par $0.00001; 400,000,000 shares authorized as of March 31, 2026 and December 31, 2025; 13,608,281 and 7,974,380 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 136 80
Additional paid-in capital 273,878,924 255,576,797
Accumulated deficit (223,309,230) (216,822,471)
TOTAL STOCKHOLDERS’ DEFICIT 50,569,830 38,754,406
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 60,957,892 $ 50,053,215