Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Stockholders' Equity

v3.26.3
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Unearned Compensation
Noncontrolling Interest
Beginning balance (shares) at Dec. 31, 2024   24,950,261        
Beginning balance at Dec. 31, 2024 $ 10,125,538 $ 24,950 $ 57,845,289 $ (47,639,894) $ 0 $ (104,807)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Follow-on offering, net of transaction costs (in shares)   3,985,000        
Follow-on offering, net of transaction costs 18,105,100 $ 3,985 18,101,115      
Exercise of stock options (shares)   547,654        
Exercise of stock options 658,403 $ 548 657,855      
Restricted stock awards/Issuance of restricted stock awards (in shares)   95,808        
Restricted stock awards/Issuance of restricted stock awards 0 $ 96 799,901   (799,997)  
Related party note conversion to common stock (in shares)   240,256        
Related party note conversion to common stock 514,148 $ 240 513,908      
Distributions to noncontrolling interest (42,956)         (42,956)
Stock based compensation expense 209,858   172,153   37,705  
Net income (loss) (4,252,710)     (4,254,974)   2,264
Ending balance (shares) at Sep. 30, 2025   29,818,979        
Ending balance at Sep. 30, 2025 25,317,381 $ 29,819 78,090,221 (51,894,868) (762,292) (145,499)
Beginning balance (shares) at Dec. 31, 2024   24,950,261        
Beginning balance at Dec. 31, 2024 10,125,538 $ 24,950 57,845,289 (47,639,894) 0 (104,807)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Restricted stock awards/Issuance of restricted stock awards         (799,997)  
Ending balance (shares) at Dec. 31, 2025   29,846,479        
Ending balance at Dec. 31, 2025 21,472,612 $ 29,847 78,216,467 (55,888,649) (712,019) (173,034)
Beginning balance (shares) at Jun. 30, 2025   25,571,490        
Beginning balance at Jun. 30, 2025 8,941,451 $ 25,571 58,837,181 (49,763,921) 0 (157,380)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Follow-on offering, net of transaction costs (in shares)   3,985,000        
Follow-on offering, net of transaction costs 18,105,100 $ 3,985 18,101,115      
Exercise of stock options (shares)   166,681        
Exercise of stock options 263,477 $ 167 263,310      
Restricted stock awards/Issuance of restricted stock awards (in shares)   95,808        
Restricted stock awards/Issuance of restricted stock awards 0 $ 96 799,901   (799,997)  
Stock based compensation expense 126,419   88,714   37,705  
Net income (loss) (2,119,066)     (2,130,947)   11,881
Ending balance (shares) at Sep. 30, 2025   29,818,979        
Ending balance at Sep. 30, 2025 25,317,381 $ 29,819 78,090,221 (51,894,868) (762,292) (145,499)
Beginning balance (shares) at Dec. 31, 2025   29,846,479        
Beginning balance at Dec. 31, 2025 $ 21,472,612 $ 29,847 78,216,467 (55,888,649) (712,019) (173,034)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Exercise of stock options (shares) 80,223 80,223        
Exercise of stock options $ 74,963 $ 81 74,882      
Restricted stock awards/Issuance of restricted stock awards (in shares)   261,120        
Restricted stock awards/Issuance of restricted stock awards 0 $ 261 1,349,729   (1,349,990)  
Stock based compensation expense 545,711   306,542   239,169  
Net income (loss) (5,828,398)     (5,858,744)   30,346
Ending balance (shares) at Sep. 30, 2026   30,187,822        
Ending balance at Sep. 30, 2026 16,264,888 $ 30,189 79,947,620 (61,747,393) (1,822,840) (142,688)
Beginning balance (shares) at Jun. 30, 2026   30,179,072        
Beginning balance at Jun. 30, 2026 17,552,383 $ 30,180 79,804,451 (60,157,825) (1,958,492) (165,931)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Exercise of stock options (shares)   8,750        
Exercise of stock options 10,500 $ 9 10,491      
Stock based compensation expense 268,330   132,678   135,652  
Net income (loss) (1,566,325)     (1,589,568)   23,243
Ending balance (shares) at Sep. 30, 2026   30,187,822        
Ending balance at Sep. 30, 2026 $ 16,264,888 $ 30,189 $ 79,947,620 $ (61,747,393) $ (1,822,840) $ (142,688)