v3.25.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 7,260,657 $ 16,035,475
Restricted cash 109,941 164,682
Marketable securities 4,881,788 4,089,832
Prepaid expenses and other current assets 1,584,272 972,245
Total current assets 13,836,658 21,262,234
Operating lease – right-of-use asset 279,988 429,819
Digital assets 1,571,028
Deposits and other assets 26,055 46,665
Total assets 15,713,729 21,738,718
Current liabilities:    
Accounts payable 1,112,833 1,863,045
Accrued expenses and other current liabilities 559,048 793,819
Accrued preferred stock redemption payable (Series H-7) 1,285,680
Current portion lease obligation – operating lease 242,342 219,085
Total current liabilities 1,914,223 4,161,629
Derivative liability 33,000 2,661,000
Warrant liability 2,362,900
Lease obligation - operating lease, net of current portion 98,617 283,742
Total liabilities 2,045,840 9,469,271
Stockholders’ equity:    
Preferred stock, value
Common Stock ($0.0001 par value; authorized – 1,200,000,000 and 200,000,000 shares as of September 30, 2025, and December 31, 2024, respectively; issued and outstanding – 1,355,975 and 533,842 shares as of September 30, 2025, and December 31, 2024, respectively) 136 53
Additional paid-in capital 141,469,952 121,767,394
Accumulated deficit (133,141,763) (117,085,518)
Total stockholders’ equity 8,328,325 4,681,929
Total liabilities, mezzanine equity and stockholders’ equity 15,713,729 21,738,718
Series H-7 Convertible Preferred Stock [Member]    
Mezzanine equity:    
Redeemable Preferred Stock, value 2,119,247 7,587,518
Series I Convertible Preferred Stock [Member]    
Mezzanine equity:    
Redeemable Preferred Stock, value 3,220,317
Series H Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value
Convertible Preferred Stock Series H-3 [Member]    
Stockholders’ equity:    
Preferred stock, value
Series H-6 Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value

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