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

Note 7 - Income Taxes - Reconciliation of Effective Tax Rate (Details)

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Note 7 - Income Taxes - Reconciliation of Effective Tax Rate (Details) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
US federal statutory tax rate $ (2,880,380)    
US federal statutory tax rate, percent 21.00% 21.00% 21.00%
State & local income taxes, net of federal effect [1] $ 632    
State & local income taxes, net of federal effect, percent 0.00% [1] 7.21% 6.03%
Foreign tax effects $ 15,666    
Foreign tax effects, percent (0.11%)    
Tax credits $ (1,001,283)    
Tax credits, percent 7.30%    
Changes in valuation allowance $ 3,399,495    
Changes in valuation allowance, percent (24.78%) (29.54%) (25.33%)
Stock-based compensation $ (698,082)    
Stock-based compensation, percent 5.09%    
Non-deductible compensation $ 962,663    
Non-deductible compensation, percent (7.02%)    
Other $ 1,833    
Other, percent (0.01%)    
Changes in unrecognized tax benefits $ 200,257    
Changes in unrecognized tax benefits, percent (1.46%)    
Total provision* [2] $ 800 $ 800  
Effective tax rate, percent (0.01%) (0.01%) (0.01%)
Tax credits   1.96% 3.12%
Permanent differences   (0.66%) (2.81%)
Other   0.02% (2.02%)
[1] During the year ended December 31, 2025, Illinois made up the majority (greater than 50 percent) of the tax effect in this category.
[2] Total provision for income taxes of $800 for each of the years ended December 31, 2025 and 2024, is recorded in general and administrative expenses on the Company’s consolidated statements of operations and comprehensive loss as it is not considered a material amount.