Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jul. 31, 2025
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Cash from operating activities:            
Net loss   $ (3,518,031) $ (3,204,171) $ (5,597,694) $ (5,956,480)  
Adjustments to reconcile net loss to net cash used in operating activities:            
Depreciation and amortization       1,429,701 781,835  
Inventory write-off       25,000  
Stock based compensation       2,133,933 241,694  
Stock issued for services       90,000 80,000  
Amortization of debt discount related to warrant liabilities       326,743 168,562  
Amortization of operating lease right of use asset - Office Lease       184,437  
Amortization of lease right of use asset - Edge Data Centers       150,821  
Changes in assets and liabilities:            
Accounts receivable       (118,795) 1,333,668  
Accounts receivable-related parties       (952,898)  
Lease receivable       2,789  
Note receivable       (3,750)  
Contract assets       (94,796) (497,448)  
Inventory       120,434 165,792  
Prepaid expenses and other current assets       200,451 175,073  
Accounts payable       (80,496) 253,863  
Security deposit       50,000 50,000  
Accrued expenses       181,437 87,912  
Operating lease obligation - Office Lease       (192,066) (166,477)  
Financing lease obligations - Edge Data Centers       (12,359)  
Contract liabilities       (1,414,129) (655,228)  
Contract liabilities, related parties       (4,308,250)  
Net cash used in operating activities       (7,875,737) (3,940,984)  
Cash flows from investing activities:            
Purchase of patents/trademarks       (24,482) (4,765)  
Purchase of property and equipment       (1,363,559) (884,520)  
Net cash used in investing activities       (1,388,041) (889,285)  
Cash flows from financing activities:            
Repayments on financing agreements       (274,965) (227,184)  
Repayments of notes payable, related parties       (1,000,000)  
Proceeds from common stock issued $ 37,100,000     5,692,579 115,563  
Proceeds from exercise of stock options       144,777  
Stock issuance cost       (205,238) (76,188)  
Proceeds from shares issued under Employee Stock Purchase Plan       114,724 87,348  
Proceeds from preferred stock issued       2,995,002  
Net cash provided by financing activities       4,471,877 2,894,541  
Net increase (decrease) in cash       (4,791,901) (1,935,728)  
Cash, beginning of period $ 1,474,395     6,266,296 2,441,842 $ 2,441,842
Cash, end of period   $ 1,474,395 $ 506,114 1,474,395 506,114 $ 6,266,296
Supplemental Disclosure of Cash Flow Information:            
Interest paid       3,865 1,596  
Taxes paid       19,733 5,055  
Supplemental Non-Cash Investing and Financing Activities:            
Notes issued for financing of insurance premiums       477,727 426,661  
Transfer of inventory to property and equipment       49,609 300,000  
Intangible asset acquired with contract liability       11,161,428  
Transfer of property and equipment to lease receivable       282,772  
Subscription receivable       98,235  
Conversion of Series E Preferred Stock into common stock       $ 1