BALANCE SHEET

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec 31, 2025 Dec 31, 2024
CURRENT ASSETS
Cash And Cash Equivalents$ 29,549,018.00$ 22,832,706.00
Short Term Investments$ 0.00$ 0.00
Cash And Short Term Investments$ 29,549,018.00$ 22,832,706.00
Net Receivables$ 9,874,468.00$ 106,230,085.00
Accounts Receivables$ 9,874,468.00$ 104,980,085.00
Other Receivables$ 0.00$ 1,250,000.00
Inventory$ 2,877,160.00$ 1,824,000.00
Prepaids$ 0.00$ 0.00
Other Current Assets$ 2,102,803.00$ 2,874,317.00
Total Current Assets$ 44,403,449.00$ 133,761,109.00
NON CURRENT ASSETS
Property Plant Equipment Net$ 5,258,812.00$ 1,966,214.00
Goodwill$ 244,635.00$ 244,635.00
Intangible Assets$ 119,765.00$ 224,137.00
Goodwill And Intangible Assets$ 364,400.00$ 468,772.00
Long Term Investments$ 0.00$ 0.00
Tax Assets$ 0.00$ 4,179,632.00
Other Non Current Assets$ 0.00$ 0.00
Total Non Current Assets$ 5,623,211.00$ 6,614,618.00
Other Assets$ 0.00$ 0.00
Total Assets$ 50,026,661.00$ 140,375,727.00
CURRENT LIABILITIES
Total Payables$ 4,472,931.00$ 92,431,150.00
Accounts Payables$ 4,441,419.00$ 5,289,787.00
Other Payables$ 31,512.00$ 87,141,363.00
Accrued Expenses$ 2,107,610.00$ 1,962,983.00
Short Term Debt$ 3,225,768.00$ 3,957,744.00
Current Capital Lease Obligations$ 0.00$ 106,722.00
Tax Payables$ 0.00$ 2,908,730.00
Deferred Revenue$ 0.00$ 0.00
Other Current Liabilities$ 977,271.00$ 711,361.00
Total Current Liabilities$ 10,783,580.00$ 99,169,960.00
NON CURRENT LIABILITIES
Long Term Debt$ 0.00$ 150,000.00
Non Current Capital Lease Obligations$ 105,262.00$ 180,235.00
Deferred Revenue Non Current$ 0.00$ 0.00
Deferred Tax Liabilities Non Current$ 0.00$ 0.00
Other Non Current Liabilities$ 0.00$ 0.00
Total Non Current Liabilities$ 105,261.00$ 330,235.00
Other Liabilities$ 0.00$ 0.00
Total Capital Lease Obligations$ 105,262.00$ 286,957.00
Total Liabilities$ 10,888,842.00$ 99,500,195.00
EQUITY
Treasury Stock$ -43,346.00$ -43,346.00
Preferred Stock$ 0.00$ 0.00
Common Stock$ 16,827.00$ 16,662.00
Retained Earnings$ -21,174,316.00$ -13,739,796.00
Additional Paid In Capital$ 60,338,654.00$ 54,642,012.00
Accumulated Other Comprehensive Income Loss$ 0.00$ 0.00
Other Total Stockholders Equity$ 0.00$ 0.00
Total Stockholders Equity$ 39,137,819.00$ 40,875,532.00
Total Equity$ 39,137,819.00$ 40,875,532.00
Minority Interest$ 0.00$ 0.00
Total Liabilities And Total Equity$ 50,026,661.00$ 140,375,727.00
DEBT METRICS
Total Investments$ 0.00$ 0.00
Total Debt$ 3,331,030.00$ 4,394,701.00
Net Debt$ -26,217,988.00$ -18,438,005.00