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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,274,314 $ 3,258,058
Prepaid expenses and other current assets 637,583 564,645
Inventories 3,897,017 3,713,215
Advances on contracts 1,131,284 1,275,260
Total current assets 7,630,828 9,286,554
Furniture, fixtures and equipment, net 14,671 12,921
Intangibles, net 113,494 148,404
Right of use assets finance lease 53,330 67,201
Right of use assets operating lease 214,357 257,842
Other assets 24,150 24,150
Total assets 8,050,830 9,797,072
Current liabilities:    
Accrued expenses and other payables 1,388,782 1,796,319
Accrued expenses, related party 279,185 304,293
Current portion of finance lease liabilities 20,502 12,530
Current portion of operating lease liabilities 123,161 116,279
Total current liabilities 3,767,670 3,744,127
Non-current portion of finance lease liabilities 41,005 54,672
Non-current portion of operating lease liabilities 101,883 165,573
Convertible notes payable, related parties 800,000 0
Total liabilities 4,710,558 3,964,372
Commitments and contingencies
Stockholders’ equity    
Common stock, par value $0.001; authorized 100,000,000 shares; 78,592,480 shares issued and 78,559,147 shares outstanding as of June 30, 2025; 78,047,798 shares issued and 78,014,465 shares outstanding as of December 31, 2024; 78,592 78,048
Additional paid in capital 135,703,998 134,719,274
Accumulated deficit (131,530,802) (128,053,106)
Treasury stock, at cost, 33,333 shares (911,516) (911,516)
Total Milestone Scientific, Inc. stockholders' equity 3,340,272 5,832,700
Total liabilities and stockholders’ equity 8,050,830 9,797,072
Nonrelated Party [Member]    
Current assets:    
Accounts receivable, net of allowance for credit losses of $10,000, respectively 684,201 475,376
Current liabilities:    
Accounts payable 1,450,585 1,021,393
Related Party [Member]    
Current assets:    
Accounts receivable, related party net 6,429 0
Current liabilities:    
Accounts payable $ 505,455 $ 493,313