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

Prepaid expense and Other current assets

v3.26.1
Prepaid expense and Other current assets
 12 Months Ended
Dec. 31, 2025
Prepaid Expense And Other Current Assets  
Prepaid expense and Other current assets

Note 4. Prepaid expense and Other current assets

 

As of December 31, 2025, and 2024, prepaid expense and other current assets are as follows:

 

    December 31,     December 31,  
    2025     2024  
Prepaid insurance   $ 277,899     $ 374,480  
Prepaid components     1,418,393       528,000  
Prepaid satellite services & licenses     2,724,513       2,353,757  
Prepaid software     205,459       82,440  
Other current assets     353,114       90,979  
Total   $ 4,979,378     $ 3,429,656  

 

During the years ended December 31, 2025, and 2024, the Company recorded interest expense of $10,149 and $18,492 related to financing of our prepaid insurance policies.