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

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of corrections to impacted financial statements
Schedule of corrections to impacted financial statements            

Three months ended September 30, 2025

    Consolidated Statement of Operations

  As reported     As revised  
Income tax benefit   $     $ 5,383,973  
Net loss   $ 34,555,301     $ 29,171,328  
Net loss per share - basic and diluted   $ (0.96 )   $ (0.81 )
                 

Nine months ended September 30, 2025

Consolidated Statement of Operations

  As reported     As revised  
Income tax benefit   $     $ 5,383,973  
Net loss   $ 40,915,628     $ 35,531,655  
Net loss per share - basic and diluted   $ (3.28 )   $ (2.85 )
Schedule of estimated useful lives
   
Category   Estimated Useful Lives
Machinery, tooling and equipment   3-7 years
Vehicles   5 years
Internal use manufactured vehicles   1 year
Furniture & Fixtures   5 years
Computers   3 years