Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
 CURRENT ASSETS:    
 Cash $ 3,799,281 $ 6,266,296
 Accounts receivable, net 215,060 109,007
 Accounts receivable, net - related parties 1,760,625 294,434
 Contract assets 700,458 635,774
 Inventory 520,122 605,356
 Prepaid expenses and other current assets 468,252 176,338
 Note receivable, net
 Total Current Assets 7,463,798 8,087,205
 Inventory - non current 196,315 196,315
 Property and equipment, net 3,300,754 2,771,779
 Operating lease right of use asset - Office Lease 3,937,256 4,028,397
 Financing lease right of use asset - Edge Data Centers 1,943,547 2,019,180
 Security deposit 500,000 500,000
 OTHER ASSETS:    
 Equity Method Investment - Sawgrass APR Holdings LLC 7,233,000 7,233,000
 Intangible Asset, net 9,043,996 9,592,118
 Patents and trademarks, net 133,714 127,300
 Software development costs, net 334,960 403,383
 Total Other Assets 16,745,670 17,355,801
 TOTAL ASSETS 34,087,340 34,958,677
 CURRENT LIABILITIES:    
 Accounts payable 698,518 969,822
 Notes payable - financing agreements 129,914 17,072
 Accrued expenses 451,130 373,251
 Operating lease obligation - Office Lease -current portion 803,536 798,556
 Financing lease obligation - Edge Data Centers - current portion 487,695 367,451
 Notes payable, net of discount - related parties 1,027,707 1,758,396
 Contract liabilities, current 3,001,352 3,188,518
 Contract liabilities, current – related parties 7,366,500 8,616,500
 Total Current Liabilities 13,966,352 16,089,566
 Contract liabilities, less current portion 6,851,513 7,399,634
 Contract liabilities, less current portion – related parties 2,712,375 3,616,500
 Operating lease obligation - Office Lease, less current portion 3,767,106 3,867,042
 Financing lease obligation - Edge Data Centers, less current portion 1,638,040 1,724,604
 Total Liabilities 28,935,386 32,697,346
 STOCKHOLDERS' EQUITY:    
Common stock: $0.001 par value; 500,000,000 shares authorized,11,655,229 and 8,922,576 shares issued, 11,653,905 and 8,921,252 shares outstanding at March 31, 2025 and December 31, 2024, respectively 11,654 8,921
Additional paid-in-capital 81,745,409 76,777,856
Accumulated deficit (76,447,672) (74,368,009)
Sub-total 5,309,406 2,418,783
Less: Treasury stock (1,324 shares of common stock at March 31, 2025 and December 31, 2024) (157,452) (157,452)
 Total Stockholders' Equity 5,151,954 2,261,331
 Total Liabilities and Stockholders' Equity 34,087,340 34,958,677
Convertible Series A Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value
Convertible Series B Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value
Convertible Series C Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value
Convertible Series D Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value 1 1
Convertible Series E Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value 14 14
Convertible Series F Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value