Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Changes in Stockholders??? Deficit

v3.26.1
Consolidated Statements of Changes in Stockholders’ Deficit - USD ($)
Total
Series A Preferred Stock
Series B Preferred Stock
Series C Preferred Stock
Conversion of convertible secured debentures to Common Stock
Exchange of Convertible Secured Debentures to Series A Preferred Stock
Conversion of November 24 Debenture to Common Stock
Conversion of 2024 Term Loan notes to Common Stock
Conversion of Series A Preferred Stock to Common Stock
Conversion of Series A Preferred Stock to Common Stock
Series A Preferred Stock
Conversion of Series A Preferred Stock to Common Stock
Series C Preferred Stock
Conversion of Series B Preferred Stock to Common Stock
Exchange of Convertible Secured Debentures to Series C Preferred Stock
Conversion of Series C Preferred Stock to Common Stock
Preferred Stock
Series A Preferred Stock
Preferred Stock
Series B Preferred Stock
Preferred Stock
Series C Preferred Stock
Preferred Stock
Exchange of Convertible Secured Debentures to Series A Preferred Stock
Series A Preferred Stock
Preferred Stock
Conversion of Series A Preferred Stock to Common Stock
Series A Preferred Stock
Preferred Stock
Conversion of Series B Preferred Stock to Common Stock
Series B Preferred Stock
Preferred Stock
Exchange of Convertible Secured Debentures to Series C Preferred Stock
Series C Preferred Stock
Preferred Stock
Conversion of Series C Preferred Stock to Common Stock
Series C Preferred Stock
Common Stock
Common Stock
Conversion of convertible secured debentures to Common Stock
[1]
Common Stock
Conversion of November 24 Debenture to Common Stock
[1]
Common Stock
Conversion of 2024 Term Loan notes to Common Stock
[1]
Common Stock
Conversion of Series A Preferred Stock to Common Stock
[1]
Common Stock
Conversion of Series B Preferred Stock to Common Stock
[1]
Common Stock
Conversion of Series C Preferred Stock to Common Stock
[1]
Additional Paid-in Capital
Additional Paid-in Capital
Series B Preferred Stock
Additional Paid-in Capital
Conversion of convertible secured debentures to Common Stock
Additional Paid-in Capital
Exchange of Convertible Secured Debentures to Series A Preferred Stock
Additional Paid-in Capital
Conversion of November 24 Debenture to Common Stock
Additional Paid-in Capital
Conversion of 2024 Term Loan notes to Common Stock
Additional Paid-in Capital
Conversion of Series A Preferred Stock to Common Stock
Additional Paid-in Capital
Conversion of Series B Preferred Stock to Common Stock
Additional Paid-in Capital
Exchange of Convertible Secured Debentures to Series C Preferred Stock
Additional Paid-in Capital
Conversion of Series C Preferred Stock to Common Stock
Accumulated other Comprehensive Loss
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2023                             0 0 0           154,432 [1]                                    
Beginning balance at Dec. 31, 2023 $ (41,786,850)                           $ 0 $ 0 $ 0           $ 15 [1]             $ 77,004,838                   $ 0 $ (118,791,703)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                                  
Foreign currency translation adjustment (42,229)                                                                             (42,229)  
Stock-based compensation 2,303,054                                                         2,303,054                      
Reverse stock split round up & Adj (in shares) [1]                                             14,886                                    
Reverse stock split round up & Adj 0                                           $ 2 [1]             (2)                      
Vesting of RSUs (in shares) [1]                                             12,074                                    
Vesting of RSUs 0                                           $ 1 [1]             (1)                      
Restricted stock forfeited for taxes (in shares) [1]                                             (410)                                    
Exercise of warrants (in shares) [1]                                             72,646                                    
Exercise of warrants 4,635,257                                           $ 7 [1]             4,635,250                      
Conversion of convertible secured debentures (in shares)                                   35,434 (400)         613,099     61,659                            
Conversion of convertible secured debentures to Common Stock         $ 29,741,859 $ 110,300,191     $ 0 $ 110,300,191 $ 0             $ 4           $ 61     $ 6         $ 29,741,798 $ 110,300,187     $ (6)          
Issuance of Series B Preferred Stock and At the Market ("ATM") share offering (in shares) [1]                                             156,269                                    
Issuance of Series B Preferred Stock and At the Market ("ATM") share offering 9,357,954                                           $ 16 [1]             9,357,938                      
Net loss (134,906,649)                                                                               (134,906,649)
Ending balance (in shares) at Dec. 31, 2024                             35,034 0 0           1,084,655 [1]                                    
Ending balance at Dec. 31, 2024 (20,397,413)                           $ 4 $ 0 $ 0           $ 108 [1]             233,343,056                   (42,229) (253,698,352)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                                  
Foreign currency translation adjustment 0                                                                                
Stock-based compensation 1,296,555                                                         1,296,555                      
Reverse stock split round up & Adj (in shares) [1]                                             66,314                                    
Reverse stock split round up & Adj 0                                           $ 7 [1]             (7)                      
Vesting of RSUs (in shares) [1]                                             36,995                                    
Vesting of RSUs 0                                           $ 4 [1]             (4)                      
Conversion of convertible secured debentures (in shares)   10,768,900 392,490 2,740,740                             (29,488) (187) 3,814 (1,660)     4,549,509 2,344,895 10,768,900 392,490 2,740,740                        
Conversion of convertible secured debentures to Common Stock             $ 4,668,008 $ 6,644,531 $ 0 $ 0 $ 10,480,581 $ 0 $ 10,185,929 $ 0         $ (3)           $ 455 $ 234 $ 1,077 $ 39 $ 274         $ 4,667,553 $ 6,644,297 $ (1,074) $ (39) $ 10,185,929 $ (274)    
Inducement on convertible debt 3,941,929                                                         3,941,929                      
Issuance of Series B Preferred Stock and At the Market ("ATM") share offering (in shares)                               3,000             6,826,700 [1]                                    
Issuance of Series B Preferred Stock and At the Market ("ATM") share offering 31,948,650   $ 2,855,000                                       $ 683 [1]             31,947,967 $ 2,855,000                    
Earnout shares 6,864,729                                                         6,864,729                      
Preferred stock dividend (160,110)                                                         845,890                     (1,006,000)
Deemed dividend 0                                                         27,987,356                     (27,987,356)
Net loss (40,828,402)                                                                               (40,828,402)
Ending balance (in shares) at Dec. 31, 2025                             5,546 2,813 2,154           28,811,198 [1]                                    
Ending balance at Dec. 31, 2025 $ 7,019,406                           $ 1 $ 0 $ 0           $ 2,881 [1]             $ 330,578,863                   $ (42,229) $ (323,520,110)
[1] *Reflects the 1-for-36 reverse split effected July 22, 2024 and the 1-for-9 effected September 5, 2025.