v3.25.3
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 851,356 $ 1,087,497
Accounts receivable, net of allowance for credit losses of $105,032 and $24,210, respectively 804,519 936,321
Prepaid expenses and other current assets 605,853 643,674
Total current assets 2,261,728 2,667,492
Property and equipment, net 9,397 3,539
Intangible assets, net 8,332,096 3,883,853
Goodwill 21,991,721 18,972,475
Operating lease right-of-use assets 55,174 72,565
Deferred tax asset 111,635 0
Deferred offering costs 201,769 0
Other assets 13,984 11,154
Total assets 32,986,504 25,674,078
Current liabilities:    
Accounts payable 2,022,645 7,782,746
Accrued expenses and other current liabilities 3,995,488 3,891,018
Convertible notes, carried at fair value 2,304,000 0
Notes payable, carried at fair value 3,307,000 3,575,000
Private placement warrant liability 901,000 0
Earnout liability 962,693 14,850
Due to related party 67,118 167,118
Deferred revenue 3,707,872 3,934,627
Operating lease liabilities, current 25,046 22,731
Total current liabilities 26,045,912 28,260,148
Deferred revenue, non-current 93,726 117,643
Deferred tax liability 1,375,710 10,115
Operating lease liabilities, non-current 30,919 49,974
Total liabilities 27,546,267 28,437,880
Commitments and contingencies (Note 15)
Stockholders' equity (deficit):    
Common stock, $0.0001 par value, 275,000,000 (250,000,000 Class A and 25,000,000 Class B) shares authorized and 5,205,098 (4,973,984 Class A and 231,114 Class B) and 819,516 (588,402 Class A and 231,114 Class B) issued and outstanding at September 30, 2025 and December 31, 2024, respectively 517 80
Preferred stock, $0.0001 par value, 75,000,000 shares authorized, 1 and 1 shares issued and outstanding at September 30, 2025 and December 31, 2024 0
Additional paid-in capital 101,260,898 75,515,831
Accumulated Other Comprehensive (loss) income (81,371) 0
Accumulated deficit (95,739,807) (78,279,713)
Stockholders' equity (deficit) 5,440,237 (2,763,802)
Total liabilities and stockholders' equity (deficit) 32,986,504 25,674,078
Nonrelated Party [Member]    
Current liabilities:    
Convertible notes 0 215,057
Warrant liability 2,000 15,000
Related Party [Member]    
Current assets:    
Bifurcated embedded derivative asset 9,000 63,000
Current liabilities:    
Convertible notes 6,747,383 8,639,701
Warrant liability 667 2,300
Yorkville [Member]    
Current liabilities:    
Convertible notes $ 2,003,000 $ 0