Guerrilla RF (GUER) 10-Q 13 Nov 23 2023 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2023	Nov. 13, 2023
Document Information [Line Items]
Entity Central Index Key	0001832487
Entity Registrant Name	Guerrilla RF, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	000-56238
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	85-3837067
Entity Address, Address Line One	2000 Pisgah Church Road
Entity Address, City or Town	Greensboro
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27455
City Area Code	336
Local Phone Number	510-7840
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, $0.0001 par value
Entity Common Stock, Shares Outstanding		7,889,896

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Assets
Cash	$ 876,911	$ 4,340,407
Accounts receivable, net	1,541,483	1,124,971
Inventories, net	1,903,929	1,672,925
Prepaid expenses	240,537	643,401
Total Current Assets	4,562,860	7,781,704
Prepaid expenses and other	0	3,574,746
Deferred offering costs	224,656	0
Operating lease right-of-use assets	10,760,967	209,669
Property, plant, and equipment, net	4,138,530	5,098,097
Total Assets	19,687,013	16,664,216
Liabilities and Stockholders' Equity (Deficit)
Accounts payable and accrued expenses	2,581,714	4,426,477
Short-term debt	1,157,815	959,803
Derivative liabilities	63,200	0
Operating lease liability, current portion	745,144	139,794
Finance lease liability, current portion	1,041,010	1,078,506
Notes payable, current portion, net	7,778,600	0
Total Current Liabilities	13,367,483	6,604,580
Long-term debt	733,511	44,279
Operating lease liability	6,341,829	71,714
Finance lease liability	1,992,260	2,984,618
Notes payable	0	4,604,132
Total Liabilities	23,211,460	14,309,323
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of September 30, 2023 and December 31, 2022	0	0
Common stock, $0.0001 par value, 300,000,000 shares authorized, 7,889,896 and 6,211,206 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively	789	621
Additional paid-in capital	35,851,380	29,427,440
Accumulated deficit	(39,376,616)	(27,073,168)
Total Stockholders' Equity (Deficit)	(3,524,447)	2,354,893
Total Liabilities and Stockholders' Equity (Deficit)	19,687,013	16,664,216
Nonrelated Party [Member]
Liabilities and Stockholders' Equity (Deficit)
Convertible notes	78,634	0
Related Party [Member]
Liabilities and Stockholders' Equity (Deficit)
Convertible notes	$ 697,743	$ 0

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Sep. 30, 2023	Dec. 31, 2022
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issed (in shares)	7,889,896	6,211,206
Common stock, shares outstanding (in shares)	7,889,896	6,211,206

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues	$ 3,365,911	$ 2,219,304	$ 10,376,133	$ 9,172,565
Direct product costs	1,490,779	950,841	4,444,005	3,775,881
Gross Profit	1,875,132	1,268,463	5,932,128	5,396,684
Operating Expenses:
Research and development	2,775,430	2,097,276	8,014,588	5,916,216
Sales and marketing	1,445,790	1,192,286	4,437,683	3,447,564
General and administrative	1,381,119	1,325,383	4,304,624	3,828,763
Total Operating Expenses	5,602,339	4,614,945	16,756,895	13,192,543
Operating Loss	(3,727,207)	(3,346,482)	(10,824,767)	(7,795,859)
Interest expense	(731,618)	(303,368)	(1,462,487)	(431,442)
Change in fair value of derivative liabilities	(47,400)	0	(47,400)	0
Other income (expense)	25,277	(18,028)	31,206	(48,279)
Total Other Expenses, net	(753,741)	(321,396)	(1,478,681)	(479,721)
Net Loss	$ (4,480,948)	$ (3,667,878)	$ (12,303,448)	$ (8,275,580)
Net loss per share - basic and diluted (in dollars per share)	$ (0.62)	$ (0.66)	$ (1.8)	$ (1.49)
Weighted average common shares outstanding - basic and diluted (in shares)	7,211,095	5,552,736	6,841,253	5,538,781
Product [Member]
Revenues	$ 3,354,879	$ 2,022,701	$ 9,970,600	$ 8,469,884
Royalty and Non-recurring Engineering [Member]
Revenues	$ 11,032	$ 196,603	$ 405,533	$ 702,681

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings, Appropriated [Member]	Total
Balance at Dec. 31, 2021	$ 0	$ 554	$ 23,961,473	$ (15,046,402)	$ 8,915,625
Net loss	0	0	0	(1,866,090)	(1,866,090)
Share-based compensation	0	0	32,856	0	32,856
Stock options exercised	0	0	5,232	0	5,232
Balance at Mar. 31, 2022	0	554	23,999,561	(16,912,492)	7,087,623
Balance at Dec. 31, 2021	0	554	23,961,473	(15,046,402)	8,915,625
Net loss					(8,275,580)
Balance at Sep. 30, 2022	0	557	24,804,408	(23,321,982)	1,482,983
Balance at Mar. 31, 2022	0	554	23,999,561	(16,912,492)	7,087,623
Net loss	0	0	0	(2,741,612)	(2,741,612)
Share-based compensation	0	0	181,302	0	181,302
Balance at Jun. 30, 2022	0	554	24,180,863	(19,654,104)	4,527,313
Net loss	0	0	0	(3,667,878)	(3,667,878)
Equity financing, net of issuance costs	0	3	470,381	0	470,384
Share-based compensation	0	0	153,164	0	153,164
Balance at Sep. 30, 2022	0	557	24,804,408	(23,321,982)	1,482,983
Balance at Dec. 31, 2022	0	621	29,427,440	(27,073,168)	2,354,893
Net loss	0	0	0	(4,001,418)	(4,001,418)
Equity financing, net of issuance costs	0	53	3,658,622	0	3,658,675
Shares issued for prepaid services	0	1	99,999	0	100,000
Share-based compensation	0	3	268,637	0	268,640
Balance at Mar. 31, 2023	0	678	33,454,698	(31,074,586)	2,380,790
Balance at Dec. 31, 2022	0	621	29,427,440	(27,073,168)	2,354,893
Net loss					(12,303,448)
Balance at Sep. 30, 2023	0	789	35,851,380	(39,376,616)	(3,524,447)
Balance at Mar. 31, 2023	0	678	33,454,698	(31,074,586)	2,380,790
Net loss	0	0	0	(3,821,082)	(3,821,082)
Equity financing, net of issuance costs	0	1	96,756		96,757
Share-based compensation	0		330,177	0	330,177
Balance at Jun. 30, 2023	0	679	33,881,631	(34,895,668)	(1,013,358)
Net loss	0	0	0	(4,480,948)	(4,480,948)
Equity financing, net of issuance costs	0	106	1,685,120		1,685,226
Share-based compensation	0	4	284,629	0	284,633
Balance at Sep. 30, 2023	$ 0	$ 789	$ 35,851,380	$ (39,376,616)	$ (3,524,447)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Net loss	$ (12,303,448)	$ (8,275,580)
Adjustment to reconcile net loss to net cash used in operating activities
Depreciation and amortization	1,244,394	900,637
Share-based compensation	883,450	367,322
Non-cash interest expense related to debt financing	200,799	13,898
Accretion of notes payables	318,585	16,910
Impairment on property plant and equipment and operating lease	105,055
Change in fair value of derivative liabilities	47,400	0
Changes in assets and liabilities:
Accounts receivable	(416,512)	753,147
Inventories	(231,004)	(313,064)
Prepaid expenses	932,917	810,526
Accounts payable and accrued expenses	(1,764,028)	(254,219)
Operating lease liability	(196,597)	0
Net cash used in operating activities	(11,178,989)	(5,980,423)
Cash flows from investing activities
Purchases of property, plant, and equipment	(138,470)	(1,590,027)
Net cash used in investing activities	(138,470)	(1,590,027)
Cash flows from financing activities
Proceeds from notes payable, derivative liabilities and factoring agreement	10,864,539	7,213,761
Proceeds from equity financing, net	5,440,658	470,384
Proceeds from exercise of stock options	0	5,232
Principal payment of notes payable and recourse factoring agreement	(7,072,726)	(2,640,686)
Principal payment on finance lease	(812,315)	(737,338)
Repayment of finance insurance premiums	(421,962)	0
Payment of deferred offering costs	(144,231)	0
Net cash provided by financing activities	7,853,963	4,311,353
Net decrease in cash	(3,463,496)	(3,259,097)
Cash, beginning of period	4,340,407	5,313,985
Cash, end of period	876,911	2,054,888
Noncash investing and financing transactions:
Modifications on finance leases	358,487	0
Shares issued for prepaid services	100,000	0
Financing of property and equipment	512,389	4,811,873
Financing of insurance premiums and software	173,360	0
Right-of-use assets obtained through operating lease	7,289,971	0
Financing of mask set and wafer	256,693	0
Property and equipment additions included in accounts payable	$ 2,000	$ 1,615,489

Note 1 - Organization and Natur

Note 1 - Organization and Nature of Business	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Nature of Operations [Text Block]	1. Guerrilla RF, Inc. (formerly known as Laffin Acquisition Corp., the “Company”) was incorporated in the State of Delaware on November 9, 2020. October 22, 2021, October 20, 2021 October 22, 2021 1934, no May 30, 2023, All references in these unaudited interim condensed consolidated financial statements and related Quarterly Report to “Guerrilla RF” refer to: (i) for periods prior to May 30, 2023, Unless otherwise stated or the context otherwise indicates, references to the “Company”, “we”, “our”, “us” or similar terms refer to Guerrilla RF, Inc. Guerrilla RF designs and manufactures high‐performance Monolithic Microwave Integrated Circuits (MMICs) for the wireless infrastructure market. Guerrilla RF primarily focuses on researching and developing its existing products and building an infrastructure to handle a global distribution network; therefore, it has incurred significant start‐up losses. The Merger was accounted for as a “reverse acquisition” since, immediately following the consummation of the Merger, Guerrilla RF effectively controlled the Company. For accounting purposes, Guerrilla RF was deemed to be the accounting acquirer in the Merger and, consequently, the Merger is treated as a recapitalization of Guerrilla RF (i.e., a capital transaction involving the issuance of shares by the Company for the shares of Guerrilla RF). Accordingly, the assets, liabilities, and results of operations of Guerrilla RF became the historical consolidated financial statements of the Company, and the Company’s assets, liabilities, and results of operations were consolidated with Guerrilla RF beginning at the Closing Date. No Liquidity and Going Concern In accordance with Financial Accounting Standards (“FASB”) Accounting Standards Update (“ASU”) No. 2014 15, s Ability to Continue as a Going Concern (Subtopic 205 40 one The unaudited interim condensed consolidated financial statements do not may GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) The Company has incurred substantial negative cash flows from operations in nearly every fiscal period since inception, including a net loss of $4.5 million for the three September 30, 2023. September 30, 2023, 2024 The Company had a cash balance of $877 thousand at September 30, 2023. In June 2022, 5 September 30, 2023, In August 2022, 5 June 30, 2023, August 14, 2023, $1.5 September 5, 2023, April 30, 2024 September 6, 2023, September 30, 2023, 13, September 30, 2023, In July 2023, As noted above, the Company will continue to require additional funding until it consistently realizes positive net income. Potentially, the Company could draw down additional funds under the Spectrum Loan Facility; however, its ability to do so is dependent upon the value of eligible accounts receivable assigned to Spectrum as security for advances under the Spectrum Loan Facility, which value fluctuates from time to time and is ultimately outside of the Company’s control. The Company may no The Spectrum Loan Facility expires in June 2024, not 60 June 2025, April 30, 2024. The Company believes that its existing cash and cash equivalents, together with additional financing under the Salem Loan Facility, will provide sufficient resources to support operations through mid- February 2024, 2024 may 2023. 2024, may February 2024. no GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) Risks and Uncertainties The Company is subject to several risks associated with companies at a similar stage, including dependence on key individuals, competition from similar products and larger companies, volatility of the industry, ability to obtain adequate financing to support growth, the ability to attract and retain additional qualified personnel to manage the anticipated growth of the Company, and general economic conditions including the current macro-economic conditions impacting the banking and financial markets.

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	2. Basis of Presentation and Principles of Consolidation The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with GAAP for interim financial information and with the rules and regulations for reporting the Quarterly Report on Form 10 10 not May 30, 2023. The condensed consolidated balance sheet at December 31, 2022 not 10 December 31, 2022 ( "2022 10 2022 10 March 3, 2023. September 30, 2023 three nine September 30, 2023 2022. three nine September 30, 2023 no Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2 1933, 2012 may not not not 404 not Further, Section 102 1 not not not may Use of Estimates The preparation of our unaudited interim condensed consolidated financial statements requires management to make estimates and assumptions that affect the amounts reported in our condensed consolidated financial statements and related disclosures. The preparation of the unaudited interim condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the unaudited interim condensed consolidated financial statements, and reported amounts of revenue and expenses during the reporting period. The Company’s significant estimates and judgments involve the identification of performance obligations in revenue recognition, the valuation of share-based compensation, and the valuation of equity financing, including the underlying fair value of the common stock. Accordingly, actual results could differ from those estimates. Reclassifications Certain prior period income statement and balance sheets amounts have been reclassified to conform to the Company's fiscal 2023 no Segment Information Operating segments are defined as components of an enterprise about which separate discrete information is available for evaluation by the chief operating decision-maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company views its operations and manages its business in one Concentrations of Credit Risk and Major Customers Financial instruments at September 30, 2023, December 31, 2022 may not The Company’s accounts receivable are derived from revenue earned from customers located inside and outside of the U.S. Major customers are defined as those generating revenue in excess of 10% one major distributor customer, RFPD, a large product distributor serving numerous end-user customers, accounted for 81% of product shipment revenue for the nine September 30, 2023 2022. % and 76% of accounts receivable at September 30, 2023 December 31, 2 022, r espectively. Accounts Receivable Accounts receivable primarily relate to amounts due from customers, which are typically due within 30 45 one may not not The Company had a factoring agreement that provided advance payments on up to 85% of invoices issued to RFPD, its largest distributor, with receivables less than 90 days outstanding secured by the remaining 15%. The Company terminated this factoring agreement in the second 2022. On June 1, 2022, September 30, 2023, ere $1.0 million o September 30, 20 23, 5 Revenue Recognition The Company recognizes product revenue when it satisfies a performance obligation by transferring a product or service to its customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those products and services. Sales and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue. Any shipping and handling fees charged to customers in conjunction with product distribution are reported within revenue. The Company does not not not not not As of September 30, 2023 2022, mpany had $250 thousand and $0, respectively, of revenue from contracts with customers to be recognized over time as the services are delivered to the customer. Certain nonrecurring engineering service revenues are recognized over time as the services are delivered to the customer. During the quarter ended September 30, 2023, December 31, 2022. September 30, 2023 2022, not not September 30, 2023 2022, The costs incurred by the Company for shipping and handling of materials used in its products are classified as cost of revenue in the unaudited interim condensed consolidated statements of operations. Any incidental items that are immaterial in the context of a sale to a customer are recognized as expense. Share-Based Compensation The Company measures and recognizes compensation expense for all stock options, shares of stock, an d restricted stock units ("RSU") awarded a Estimating the fair market value of options requires the input of subjective assumptions, including the estimated fair value of the Company’s common stock, the expected life of the options, stock price volatility, the risk-free interest rate, and expected dividends. Therefore, the assumptions used in the Company’s Black-Scholes option-pricing model represent management’s best estimates and involve many variables, uncertainties, and assumptions, and the application of management’s judgment, as they are inherently subjective. The Company applies ASU 2018 7, Compensation – Stock Compensation (Topic 718 , which simplifies the accounting for share-based payments granted to nonemployees for goods and services. Share-based awards issued to non-employees are no Net Income (Loss) Per Share Basic net loss per share of common stock is computed by dividing net loss by the weighted average number of shares of common stock outstanding during each period. Diluted net loss per share of common stock includes the effect, if any, from the potential exercise or conversion of securities, such as options and warrants, which would result in the issuance of incremental shares of common stock. For periods prior to the Merger mentioned in Note 1, As disclosed in Note 1, one 12:01 April 17, 2023 ( six one No 2014 2021 In computing basic and diluted net loss per share, the weighted average number of shares is the same for both calculations because a net loss existed for the three nine September 30, 2023 2022. There were 7,211,095 and 5,552,736 weighted average shares outstanding for the three September 30, 2023 2022, The following potentially dilutive securities have been excluded from the computation of basic shares for th e three September 30, 2023 2022 unaudited ey would be anti-dilutive, and all share counts presented are on a post-split basis : Three Months Ended September 30, 2023 2022 Common stock warrants 824,340 55,263 Restricted stock units 458,724 82,300 Stock options 609,567 601,220 1,892,631 738,783 The table above excludes convertible notes that are contingently convertible upon future events that have not 5 Convertible Debt Instruments The Company evaluates agreements, including any convertible debt in 815 Derivatives and Hedging 815” Fair Value of Financial Instruments The Company measures the fair value of financial assets and liabilities based on ASC 820 820” ASC 820 820 820 three may Level 1 Level 2 Level 3 The carrying amounts of the Company’s financial instruments, such as cash and accounts payable approximate fair values due to the short-term nature of these instruments. See Note 8 3 Recent Accounting Pronouncements In June 2016, 2016 13, Financial Instruments - Credit Losses December 15, 2022, 2016 13 January 1, 2023. not In October 2021, No. 2021 08, Business Combinations 805 2021 08 606. 606 2021 08 2024 not In September 2022, No. 2022 04, Liabilities - Supplier Finance Programs 405 50 Disclosure of Supplier Finance Program Obligations December 15, 2022, December 15, 2023. The Company adopted this accounting guidance effective January 1, 2023. not unaudited interim condensed consolidated financial statements. The Company has reviewed all other recently issued accounting pronouncements and concluded they were either not not

Note 3 - Inventories

Note 3 - Inventories	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Inventory Disclosure [Text Block]	3. Inventories are summarized as follows: September 30, 2023 (unaudited) December 31, 2022 Raw materials $ 343,639 $ 696,409 Work-in-process 113,933 44,037 Finished goods 1,446,357 932,479 Inventory, net $ 1,903,929 $ 1,672,925 As of September 30, 2023 December 31, 2022 , there was no inventory allowance of p

Note 4 - Property and Equipment

Note 4 - Property and Equipment	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	4. Property and equipment is summarized as follows: September 30, 2023 (unaudited) December 31, 2022 Production assets $ 1,868,458 $ 1,849,808 Computer equipment and software 917,951 809,038 Lab equipment 3,952,119 3,965,189 Office furniture and fixtures 1,201,319 1,044,858 Leasehold improvements 228,143 123,109 Construction work in progress - 207,027 8,167,990 7,999,029 Less accumulated depreciation (4,029,460 ) (2,900,932 ) $ 4,138,530 $ 5,098,097 Depreciation and amortization expense w as $1,244,394 and $900,637 for the nine September 30, 2023 2022, Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the asset’s carrying amount may not 360 10, 360 10 not In fiscal 2022, not second 2022, December 31, 2022. 3 820 , Fair Value Measurement GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Note 5 - Debt

Note 5 - Debt	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	5. Spectrum Loan Facility As mentioned in Note 2, June 1, 2022 ( may $500,000; 1/48 th Under the terms of the AR Agreement, Spectrum has agreed to advance funds equal to approximately 85% of eligible accounts receivable that are collected by Spectrum under a “lock box” arrangement. The maximum amount that may The scheduled term of the Spectrum Loan Facility is 24 60 The Company’s obligations under the Spectrum Loan Facility are secured by first third In addition to annual facility fees of $30,000 and other quarterly and transaction fees payable to Spectrum, interest accrues on amounts owed under the Spectrum Loan Facility at the prime rate as quoted by the Wall Street Journal plus 3.5%, but in no The Spectrum Loan Facility contains various covenants and restrictions on the Company's financial and business operations including restrictions on the purchase or redemption of any Company shares and the declaration or payment of any dividends on the Company's stock. As of September 30, 2023, The Company has borrowed $1.0 million u September 30, 2023. cility t of $1.0 million bo GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) Salem Loan Facility On August 11, 2022 On May 1, 2023, August 2027. 2023, first three 1, 2, 3. June 30, 2023, one On August 14, 2023, August 2027. On September 5, 2023, August 11, 2027 April 30, 2024. April 30, 2024 no September 30, 2023, On September 6, 2023, As discussed in Note 13, September 30, 2023, As of September 30, 2023, Principal amount of promissory notes payable $ 9,750,000 Accrued interest 200,799 Less: unamortized debt issue costs (205,492 ) Less: unamortized debt discount (1,966,707 ) Notes payable, current portion, net $ 7,778,600 GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) Convertible Notes Payable In July 2023, December 31, 2024 ( one x The Company analyzed the embedded features of the Convertible Notes and determined that the Convertible Notes contained (i) an automatic conversion pursuant to which the holders may not not may not one 8 New Headquarters and Design Center Capital Addition Financing In conjunction with the Company's move into expanded office facilities in early 2023, April 2022. s $1.1 million , which included tax, freight, interim storage, and installatio n labor. The Company was responsible for paying interest-only payments to the financing company related to the furniture procurement order (interest on principal of $496 thousand) placed in April 2022 first August 2022 ( August 2022 September 30, 2023 April 2022 The Company entered into a lease agreement in July 2021 2023 9 audited interim condensed consolidated September 2022; not first 2023. August 2022, he Company reached an agreement he total cost of the new building asset additions was $7.7 million, with the Company being responsible for the balance in excess of the landlord's $3.5 million allowance (the "excess construction costs") plus As part of the aforementioned August 2022 August 2022 2% 18% $1.3 first to the deferral fee, and then to excess construction costs. The Company has paid the remaining balance of the excess construction costs of $3.2 million, with the last payment in April 2023. The Company does not September 30, 2023. GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) Debt Maturity As of September 30, 2023, 2023 $ 1,028,308 2024 8,737,348 2025 226,241 2026 231,884 2027 187,417 Thereafter 35,105 $ 10,446,303

Note 6 - Common Stock and Prefe

Note 6 - Common Stock and Preferred Stock	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Equity [Text Block]	6. COMMON STOCK AND PREFERRED STOCK Common Stock The Company is authorized to issue 300,000,000 shares of common stock with a par value of $ 0.0001. Each share of common stock entitles the holder to one may may September 30, 2023. On December 30, 2022, units (the “Units”), on a one February 28, 2023. 1,183,1 92 y $1.2 million. Each full Warrant has an exercise price of $12.00 per whole share of common stock, on a post-split basis, subject to adjustment, and is exercisable for a period of five six 6 In connection with the Offering, the Company also entered into a registration rights agreement (the “Registration Rights Agreement”) with the Purchasers, pursuant to which the Company was required to prepare and file a registration statement with the SEC covering the resale of (i) the shares of common stock issued to the Purchasers in the Offering, and (ii) the shares of common stock issuable upon exercise of the Warrants (the “Warrant Shares”) within 30 March 30, 2023, April 13, 2023. Laidlaw & Company (UK), Ltd. served as the exclusive placement agent and GP Nurmenkari, Inc. served as a selected dealer for the Offering (collectively, the “Placement Agents”). In addition to an aggregate cash fee of approximatel y $931 thousand s five The aforementioned Units and Warrants were offered and sold by the Company pursuant to an exemption from registration provided by Section 4 2 506 See Note 5 Reverse Stock Split As disclosed in the Quarterly Report on Form 10 March 31, 2023, the Company’s board of directors approved a reverse split of shares of the Company’s common stock on a six-for- one 12:01 April 17, 2023 ( six one No 2014 2021 GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) Common Stock Warrants As mentioned above, on February 28, 2023, one one five six September 30, 2023, Preferred Stock The Company’s Board of Directors is authorized, subject to limitations prescribed by Delaware law, to issue preferred stock in one Prior to the Merger, Guerrilla RF had utilized convertible preferred share issuances, convertible debt issuances, and convertible warrants from private investors to fund its business operations and growth. No dividend was payable on shares of Guerrilla RF common stock or its classes of preferred stock. At the closing of the Merger, all Guerrilla RF preferred stock was converted into shares of the Company's common stock. There is no issued or outstanding preferred stock as of September 30, 2023 December 31, 2022.

Note 7 - Share-based Compensati

Note 7 - Share-based Compensation	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	7. In 2014, “2014 2014 2014 No may 2014 In 2021, “2021 not 2014 2021 2021 2021 January 1 2031 December 31, may The general purpose of the 2014 2021 Stock Option Awards The Company measures the fair value of each option award on the date of grant using the Black‐Scholes option-pricing model, which takes into account inputs such as the exercise price, the value of the underlying ordinary shares at the grant date, expected term, expected volatility, risk-free interest rate, and dividend yield. The fair value of each grant of options during the three September 30, 2023 ● The expected term of employee options is determined using the “simplified” method, as prescribed in the SEC’s Staff Accounting Bulletin (SAB) No. 107, ● The expected volatility is based on the historical volatility of the publicly traded common stock of a peer group of companies. ● The risk-free interest rate is based on the interest rate payable on U.S. Treasury securities in effect at the time of grant for a period that is commensurate with the assumed expected term. ● The expected dividend yield is zero because the Company has not not GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) For the three nine September 30, 2023 2022 e time of grant using the Black-Scholes option-pricing model using Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Expected term (in years) 6.25 6.25 6.25 6.25 Expected volatility 45 % 50 % 45 % 50 % Risk-free rate 4.73 % 3.79 % 4.73 % 3.79 % Dividend rate — — — — No three September 30, 2023. d uring three September 30, 2022 was $8.40, calculated on a post-split basis. The value of stock options is recognized as compensation expense using the straight-line method over the vesting period. Unrecognized compensation costs related to unvested options at September 30, 2023 , and 2022 amoun ted t o $395,753 and $538,812 respectively, which are expected to be recognized over an average of three . Stock option activity by share is summarized as follows for the three nine September 30, 2023 ( unaudited Number of Shares Weighted-Average Exercise Price Per Option Weighted- Average Remaining Contractual Life (in years) Shares underlying outstanding awards at December 31, 2022 601,220 $ 3.54 4.85 Granted 9,333 8.97 Exercised - Cancelled/Forfeited (2,863 ) 11.41 Shares underlying outstanding awards at March 31, 2023 607,690 $ 3.60 5.18 Granted 3,800 7.80 Exercised - Cancelled/Forfeited (123 ) 2.19 Shares underlying outstanding awards at June 30, 2023 611,367 $ 3.64 4.68 Granted - Exercised - Cancelled/Forfeited (1,800 ) 4.18 Shares underlying outstanding awards at September 30, 2023 609,567 $ 3.63 4.41 Exercisable options at September 30, 2023 520,043 $ 2.55 3.83 No options were exercised during the three nine September 30, 2023 . The aggregate intrinsic value of outstanding options exercisable as of September 30, 2023 September 30, 2023 , stock-based compensation of $0.4 million for unvested options will be recognized over a remaining weighted-average requisite service period of 2.3 years. GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) RSU Awards In the three September 30, 2023, ed 273,750 RSUs (post-split) 2021 No 2014 December 31, 2022 (25,000, post-split, n 100% f (i) June 2, 2023, December 31, 2022 ( three not September 30, 2023 mately $2.2 million. The RSU grants during the three September 30, 2023 unaudited 2021 2021 (unaudited) Three Months Ended September 30, Number of RSUs Weighted Average Grant Date Fair Value Outstanding at June 30, 2023 195,187 $ 9.27 Granted 273,750 4.06 Vested (4,765 ) 8.94 Cancelled/Forfeited (5,448 ) 9.18 Outstanding at September 30, 2023 458,724 $ 6.17 Pursuant to awards made under the 2014 2021 nine m onths ended September 30, 2023 2022 : Nine Months Ended September 30, 2023 2022 Direct product costs $ 54,328 $ 7,914 Research and development 198,689 97,118 Sales and marketing 138,983 62,251 General and administrative 491,450 200,039 $ 883,450 $ 367,322 No income tax benefits have been recognized in the unaudited interim condensed consolidated statements of operations for stock-based compensation arrangements, and no stock-based compensation costs have been capitalized as property and equipment through September 30, 2023. GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Note 8 - Derivative Liabilities

Note 8 - Derivative Liabilities	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	8. As of September 30, 2023, 3 5 The following table sets forth a summary of the changes in the fair value of Level 3 Beginning balance as of January 1, 2023 $ - Issuance of Convertible Notes between July 12, 2023 and July 21, 2023 15,800 Change in fair value of derivative liabilities 47,400 Ending balance on September 30, 2023 $ 63,200 There are derivative liabilities of $63,200 as of September 30, 2023. July 12, 2023 July 21, 2023, September 30, 2023,

Note 9 - Commitments and Contin

Note 9 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	9. Lease Commitments The Company determines whether an arrangement is an operating lease or financing lease at inception. Lease assets and obligations are recognized at the lease commencement date based on the present value of lease payments over the term of the lease. The Company generally uses its incremental borrowing rate, which is based on information available at the lease commencement date, to determine the present value of lease payments. The Company has entered into leases primarily for real estate and equipment used in research and development. Operating lease expense is recognized in continuing operations by amortizing the amount recorded as an asset on a straight-line basis over the lease term. Financing lease expense is comprised of both interest expense, which will be recognized using the effective interest method, and amortization of the right-of-use assets. These expenses are presented consistently with other interest expense and amortization or depreciation of similar assets. In determining lease asset values, the Company considers fixed and variable payment terms, prepayments, incentives, and options to extend, terminate or purchase. Renewal, termination, or purchase options affect the lease term used for determining lease asset value only if the option is reasonably certain to be exercised. Balance sheet information related to right-of-use assets and liabilities is as follows: Balance Sheet Location September 30, 2023 Operating Leases: Operating lease right-of-use assets Operating lease right-of-use assets $ 10,760,967 Current portion of operating lease liabilities Operating lease, current portion 745,144 Noncurrent portion of operating lease liabilities Operating lease 6,341,829 Total operating lease liabilities $ 7,086,973 Finance Leases: Finance lease right-of-use assets Property, plant, and equipment $ 4,917,140 Current portion of finance lease liabilities Finance lease, current portion 1,041,010 Noncurrent portion of finance lease liabilities Finance lease 1,992,260 Total finance lease liabilities $ 3,033,270 Lease cost recognized in the unaudited interim condensed consolidated statements of operations is summarized as follows: For the Nine Months Ended September 30, 2023 2022 Operating lease cost $ 1,210,436 $ 99,772 Finance lease cost: Amortization of lease assets 944,413 615,102 Interest on lease liabilities 198,778 163,107 Total finance lease costs $ 1,143,191 $ 778,209 GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) Other supplemental information related to leases is summarized as follows: September 30, 2023 Weighted average remaining lease term (in years): Operating leases 8.76 Finance leases 3.11 Weighted average discount rate: Operating leases 11.00 % Finance leases 7.29 % Cash paid for amounts included in the measurement of lease liabilities for the year ended June 30, 2023: Operating cash flows from operating leases $ 1,357,074 Operating cash flows from finance leases $ 197,141 Financing cash flows from finance leases $ 812,315 The following table summarizes our future minimum payments under contractual obligations for operating and financing liabilities as of September 30, 2023 : Payments Due by Period 2023 (1) 2024 2025 2026 2027 Thereafter Total Operating leases $ 377,092 $ 1,443,532 $ 1,222,999 $ 1,060,299 $ 1,076,140 $ 5,986,355 $ 11,166,417 Less present value adjustment 191,509 711,783 635,120 580,822 524,555 1,435,655 4,079,444 Operating lease liabilities $ 185,583 $ 731,749 $ 587,879 $ 479,477 $ 551,585 $ 4,550,700 $ 7,086,973 Finance leases $ 306,035 $ 1,224,139 $ 903,372 $ 810,528 $ 137,155 $ 22,944 $ 3,404,173 Less interest 53,225 166,780 100,148 43,302 5,859 1,589 370,903 Finance lease liabilities $ 252,810 $ 1,057,359 $ 803,224 $ 767,226 $ 131,296 $ 21,355 $ 3,033,270 ( 1 three December 31, 2023. The Company leases its former headquarters, located in Greensboro, North Carolina under a lease agreement which expires in June 2024. In July 2023, September 30, 2023. New Headquarters and Design Center In July 2021, ten two first 2023. not second 2023. first 2023. was made in the second 2023. In conjunction with the Company's move into the new headquarters and design center in early 2023, April 2022. The total cost of the furniture financed was $1.1 million , which included tax, freight, interim storage, and installatio n labor. The Company was responsible for paying interest-only payments to the financing company related to the furniture procurement order (interest on principal of $496 thousand) placed in April 2022 first August 2022 ( August 2022 September 30, 2023 As disclosed in Note 5, entered into a lease agreement in July 2021 202 3. The total cost of the new building asset additions were $7.7 million, with the Company being responsible for the balance in excess of the landlord's $3.5 million allowance (the "excess construction costs") plus deferral fees and interest. GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) The Company recorded advanced rent amounts paid and payable to the landlord as long-term prepaid expenses and other on the consolidated balance sheet as of December 31, 2022. first 2023. Legal In the ordinary course of business, the Company may not September 30, 2023 December 31, 2022 Indemnification Agreements From time to time, in the ordinary course of business, the Company may may third may not not September 30, 2023 December 31, 2022 Employment Agreement The Company has entered into an employment agreement with one January 1, 2020. may twelve Salary Deferral Program The Company introduced a voluntary salary deferral program in order to facilitate increased employee ownership in the Company, whereby all employees were offered the June 28, 2023, September 4, 2023,

Note 10 - Income Taxes

Note 10 - Income Taxes	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	10. The Company did not three September 30, 2023 2022. Income tax expense during interim periods is based on applying an estimated annual effective income tax rate to year-to-date income, plus any significant unusual or infrequently occurring items recorded in the interim period. The provision for income taxes for the three September 30, 2023 2022 The computation of the annual estimated effective tax rate at each interim period requires certain estimates and significant judgment including, but not may In assessing the need for a valuation allowance, management must determine that there will be sufficient taxable income to realize deferred tax assets. Based upon the historical and anticipated future losses, management has determined that the deferred tax assets do not not September 30, 2023, December 31, 2022. GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) On August 9, 2022, 25% December 31, 2022, 2023. August 16, 2022, 15% 1% January 1, 2023. not two Deferred tax assets and liabilities are determined based on the differences between the unaudited interim condensed consolidated financial statement carrying amounts and tax bases of assets and liabilities using enacted tax rates in effect for years in which differences are expected to reverse. Potential 382 The Company’s ability to utilize its net operating loss ("NOL") and research and development ("R&D") credit carryforwards may 382 1986, may 382 three 50 If the Company experiences an ownership change, utilization of the NOL or R&D credit carryforwards would be subject to an annual limitation, which is determined by first 382 may In the third 2022, one 382. not 2014. may 382 no 740. September 30, 2023. At December 31, 2022,

Note 11 - Related Party Transac

Note 11 - Related Party Transactions	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	11. See Note 5 nine September 30, 2023. Participation in the Offering Certain existing shareholders, including investors affiliated with certain of our directors and officers, purchased an aggregate of 45,383 Units (on a post-split basis) in conjunction with the Offering through all closings during the period December 2022 February 2023. GUERRILLA RF, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Note 12 - Employee Benefit Plan

Note 12 - Employee Benefit Plan	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Retirement Benefits [Text Block]	12. The Company has a 401 may 401 may four any ma de $87,205 and $93,728 of contributi three September 30, 2023 2022,

Note 13 - Subsequent Events

Note 13 - Subsequent Events	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	13. Management has evaluated subsequent events occurring after September 30, 2023, November 13, 2023 , the date the unaudited interim condensed consolidated financial statements were issued, and concluded the following subsequent events have occurred during that period but were not no Additional Borrowings Under Salem Loan Facility On October 27, 2023,

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation and Principles of Consolidation The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with GAAP for interim financial information and with the rules and regulations for reporting the Quarterly Report on Form 10 10 not May 30, 2023. The condensed consolidated balance sheet at December 31, 2022 not 10 December 31, 2022 ( "2022 10 2022 10 March 3, 2023. September 30, 2023 three nine September 30, 2023 2022. three nine September 30, 2023 no
Emerging Growth Company [Policy Text Block]	Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2 1933, 2012 may not not not 404 not Further, Section 102 1 not not not may
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of our unaudited interim condensed consolidated financial statements requires management to make estimates and assumptions that affect the amounts reported in our condensed consolidated financial statements and related disclosures. The preparation of the unaudited interim condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the unaudited interim condensed consolidated financial statements, and reported amounts of revenue and expenses during the reporting period. The Company’s significant estimates and judgments involve the identification of performance obligations in revenue recognition, the valuation of share-based compensation, and the valuation of equity financing, including the underlying fair value of the common stock. Accordingly, actual results could differ from those estimates.
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications Certain prior period income statement and balance sheets amounts have been reclassified to conform to the Company's fiscal 2023 no
Segment Reporting, Policy [Policy Text Block]	Segment Information Operating segments are defined as components of an enterprise about which separate discrete information is available for evaluation by the chief operating decision-maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company views its operations and manages its business in one
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of Credit Risk and Major Customers Financial instruments at September 30, 2023, December 31, 2022 may not The Company’s accounts receivable are derived from revenue earned from customers located inside and outside of the U.S. Major customers are defined as those generating revenue in excess of 10% one major distributor customer, RFPD, a large product distributor serving numerous end-user customers, accounted for 81% of product shipment revenue for the nine September 30, 2023 2022. % and 76% of accounts receivable at September 30, 2023 December 31, 2 022, r espectively.
Accounts Receivable [Policy Text Block]	Accounts Receivable Accounts receivable primarily relate to amounts due from customers, which are typically due within 30 45 one may not not The Company had a factoring agreement that provided advance payments on up to 85% of invoices issued to RFPD, its largest distributor, with receivables less than 90 days outstanding secured by the remaining 15%. The Company terminated this factoring agreement in the second 2022. On June 1, 2022, September 30, 2023, ere $1.0 million o September 30, 20 23, 5
Revenue [Policy Text Block]	Revenue Recognition The Company recognizes product revenue when it satisfies a performance obligation by transferring a product or service to its customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those products and services. Sales and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue. Any shipping and handling fees charged to customers in conjunction with product distribution are reported within revenue. The Company does not not not not not As of September 30, 2023 2022, mpany had $250 thousand and $0, respectively, of revenue from contracts with customers to be recognized over time as the services are delivered to the customer. Certain nonrecurring engineering service revenues are recognized over time as the services are delivered to the customer. During the quarter ended September 30, 2023, December 31, 2022. September 30, 2023 2022, not not September 30, 2023 2022, The costs incurred by the Company for shipping and handling of materials used in its products are classified as cost of revenue in the unaudited interim condensed consolidated statements of operations. Any incidental items that are immaterial in the context of a sale to a customer are recognized as expense.
Share-Based Payment Arrangement [Policy Text Block]	Share-Based Compensation The Company measures and recognizes compensation expense for all stock options, shares of stock, an d restricted stock units ("RSU") awarded a Estimating the fair market value of options requires the input of subjective assumptions, including the estimated fair value of the Company’s common stock, the expected life of the options, stock price volatility, the risk-free interest rate, and expected dividends. Therefore, the assumptions used in the Company’s Black-Scholes option-pricing model represent management’s best estimates and involve many variables, uncertainties, and assumptions, and the application of management’s judgment, as they are inherently subjective. The Company applies ASU 2018 7, Compensation – Stock Compensation (Topic 718 , which simplifies the accounting for share-based payments granted to nonemployees for goods and services. Share-based awards issued to non-employees are no
Earnings Per Share, Policy [Policy Text Block]	Net Income (Loss) Per Share Basic net loss per share of common stock is computed by dividing net loss by the weighted average number of shares of common stock outstanding during each period. Diluted net loss per share of common stock includes the effect, if any, from the potential exercise or conversion of securities, such as options and warrants, which would result in the issuance of incremental shares of common stock. For periods prior to the Merger mentioned in Note 1, As disclosed in Note 1, one 12:01 April 17, 2023 ( six one No 2014 2021 In computing basic and diluted net loss per share, the weighted average number of shares is the same for both calculations because a net loss existed for the three nine September 30, 2023 2022. There were 7,211,095 and 5,552,736 weighted average shares outstanding for the three September 30, 2023 2022, The following potentially dilutive securities have been excluded from the computation of basic shares for th e three September 30, 2023 2022 unaudited ey would be anti-dilutive, and all share counts presented are on a post-split basis : Three Months Ended September 30, 2023 2022 Common stock warrants 824,340 55,263 Restricted stock units 458,724 82,300 Stock options 609,567 601,220 1,892,631 738,783 The table above excludes convertible notes that are contingently convertible upon future events that have not 5
Debt, Policy [Policy Text Block]	Convertible Debt Instruments The Company evaluates agreements, including any convertible debt in 815 Derivatives and Hedging 815”
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments The Company measures the fair value of financial assets and liabilities based on ASC 820 820” ASC 820 820 820 three may Level 1 Level 2 Level 3 The carrying amounts of the Company’s financial instruments, such as cash and accounts payable approximate fair values due to the short-term nature of these instruments. See Note 8 3
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In June 2016, 2016 13, Financial Instruments - Credit Losses December 15, 2022, 2016 13 January 1, 2023. not In October 2021, No. 2021 08, Business Combinations 805 2021 08 606. 606 2021 08 2024 not In September 2022, No. 2022 04, Liabilities - Supplier Finance Programs 405 50 Disclosure of Supplier Finance Program Obligations December 15, 2022, December 15, 2023. The Company adopted this accounting guidance effective January 1, 2023. not unaudited interim condensed consolidated financial statements. The Company has reviewed all other recently issued accounting pronouncements and concluded they were either not not

Note 2 - Basis of Presentatio_2

Note 2 - Basis of Presentation and Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three Months Ended September 30, 2023 2022 Common stock warrants 824,340 55,263 Restricted stock units 458,724 82,300 Stock options 609,567 601,220 1,892,631 738,783

Note 3 - Inventories (Tables)

Note 3 - Inventories (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 30, 2023 (unaudited) December 31, 2022 Raw materials $ 343,639 $ 696,409 Work-in-process 113,933 44,037 Finished goods 1,446,357 932,479 Inventory, net $ 1,903,929 $ 1,672,925

Note 4 - Property and Equipme_2

Note 4 - Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Property, Plant and Equipment [Table Text Block]	September 30, 2023 (unaudited) December 31, 2022 Production assets $ 1,868,458 $ 1,849,808 Computer equipment and software 917,951 809,038 Lab equipment 3,952,119 3,965,189 Office furniture and fixtures 1,201,319 1,044,858 Leasehold improvements 228,143 123,109 Construction work in progress - 207,027 8,167,990 7,999,029 Less accumulated depreciation (4,029,460 ) (2,900,932 ) $ 4,138,530 $ 5,098,097

Note 5 - Debt (Tables)

Note 5 - Debt (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Line of Credit Facilities [Table Text Block]	Principal amount of promissory notes payable $ 9,750,000 Accrued interest 200,799 Less: unamortized debt issue costs (205,492 ) Less: unamortized debt discount (1,966,707 ) Notes payable, current portion, net $ 7,778,600
Schedule of Maturities of Long-Term Debt [Table Text Block]	2023 $ 1,028,308 2024 8,737,348 2025 226,241 2026 231,884 2027 187,417 Thereafter 35,105 $ 10,446,303

Note 7 - Share-based Compensa_2

Note 7 - Share-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Expected term (in years) 6.25 6.25 6.25 6.25 Expected volatility 45 % 50 % 45 % 50 % Risk-free rate 4.73 % 3.79 % 4.73 % 3.79 % Dividend rate — — — —
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Number of Shares Weighted-Average Exercise Price Per Option Weighted- Average Remaining Contractual Life (in years) Shares underlying outstanding awards at December 31, 2022 601,220 $ 3.54 4.85 Granted 9,333 8.97 Exercised - Cancelled/Forfeited (2,863 ) 11.41 Shares underlying outstanding awards at March 31, 2023 607,690 $ 3.60 5.18 Granted 3,800 7.80 Exercised - Cancelled/Forfeited (123 ) 2.19 Shares underlying outstanding awards at June 30, 2023 611,367 $ 3.64 4.68 Granted - Exercised - Cancelled/Forfeited (1,800 ) 4.18 Shares underlying outstanding awards at September 30, 2023 609,567 $ 3.63 4.41 Exercisable options at September 30, 2023 520,043 $ 2.55 3.83
Nonvested Restricted Stock Shares Activity [Table Text Block]	Three Months Ended September 30, Number of RSUs Weighted Average Grant Date Fair Value Outstanding at June 30, 2023 195,187 $ 9.27 Granted 273,750 4.06 Vested (4,765 ) 8.94 Cancelled/Forfeited (5,448 ) 9.18 Outstanding at September 30, 2023 458,724 $ 6.17
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Nine Months Ended September 30, 2023 2022 Direct product costs $ 54,328 $ 7,914 Research and development 198,689 97,118 Sales and marketing 138,983 62,251 General and administrative 491,450 200,039 $ 883,450 $ 367,322

Note 8 - Derivative Liabiliti_2

Note 8 - Derivative Liabilities (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	Beginning balance as of January 1, 2023 $ - Issuance of Convertible Notes between July 12, 2023 and July 21, 2023 15,800 Change in fair value of derivative liabilities 47,400 Ending balance on September 30, 2023 $ 63,200

Note 9 - Commitments and Cont_2

Note 9 - Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Assets and Liabilities, Lessee [Table Text Block]	Balance Sheet Location September 30, 2023 Operating Leases: Operating lease right-of-use assets Operating lease right-of-use assets $ 10,760,967 Current portion of operating lease liabilities Operating lease, current portion 745,144 Noncurrent portion of operating lease liabilities Operating lease 6,341,829 Total operating lease liabilities $ 7,086,973 Finance Leases: Finance lease right-of-use assets Property, plant, and equipment $ 4,917,140 Current portion of finance lease liabilities Finance lease, current portion 1,041,010 Noncurrent portion of finance lease liabilities Finance lease 1,992,260 Total finance lease liabilities $ 3,033,270
Lease, Cost [Table Text Block]	For the Nine Months Ended September 30, 2023 2022 Operating lease cost $ 1,210,436 $ 99,772 Finance lease cost: Amortization of lease assets 944,413 615,102 Interest on lease liabilities 198,778 163,107 Total finance lease costs $ 1,143,191 $ 778,209
Other Supplemental Lease Information [Table Text Block]	September 30, 2023 Weighted average remaining lease term (in years): Operating leases 8.76 Finance leases 3.11 Weighted average discount rate: Operating leases 11.00 % Finance leases 7.29 % Cash paid for amounts included in the measurement of lease liabilities for the year ended June 30, 2023: Operating cash flows from operating leases $ 1,357,074 Operating cash flows from finance leases $ 197,141 Financing cash flows from finance leases $ 812,315
Lease, Liability, Fiscal Year Maturity [Table Text Block]	Payments Due by Period 2023 (1) 2024 2025 2026 2027 Thereafter Total Operating leases $ 377,092 $ 1,443,532 $ 1,222,999 $ 1,060,299 $ 1,076,140 $ 5,986,355 $ 11,166,417 Less present value adjustment 191,509 711,783 635,120 580,822 524,555 1,435,655 4,079,444 Operating lease liabilities $ 185,583 $ 731,749 $ 587,879 $ 479,477 $ 551,585 $ 4,550,700 $ 7,086,973 Finance leases $ 306,035 $ 1,224,139 $ 903,372 $ 810,528 $ 137,155 $ 22,944 $ 3,404,173 Less interest 53,225 166,780 100,148 43,302 5,859 1,589 370,903 Finance lease liabilities $ 252,810 $ 1,057,359 $ 803,224 $ 767,226 $ 131,296 $ 21,355 $ 3,033,270

Note 1 - Organization and Nat_2

Note 1 - Organization and Nature of Business (Details Textual) - USD ($)			3 Months Ended						9 Months Ended		12 Months Ended
	Oct. 27, 2023	Sep. 06, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022	Aug. 14, 2023	Sep. 05, 2023	Jul. 31, 2023	May 01, 2023	Dec. 31, 2022	Aug. 31, 2022	Aug. 11, 2022
Net Income (Loss) Attributable to Parent			$ (4,480,948)	$ (3,821,082)	$ (4,001,418)	$ (3,667,878)	$ (2,741,612)	$ (1,866,090)	$ (12,303,448)	$ (8,275,580)
Retained Earnings (Accumulated Deficit)			(39,376,616)						(39,376,616)						$ (27,073,168)
Cash			876,911						876,911						$ 4,340,407
Salem Loan Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity																$ 8,000,000	$ 8,000,000
Long-Term Line of Credit		$ 1,750,000	9,750,000	$ 6,500,000					9,750,000		$ 1,500,000			$ 1,500,000			5,000,000
Line of Credit Facility, Additional Maximum Borrowing Capacity												$ 4,000,000
Debt Instrument, Interest Rate, Stated Percentage											14%	14%
Proceeds from Lines of Credit		1,750,000									$ 8,000,000
Line of Credit Facility, Remaining Borrowing Capacity		$ 2,250,000															$ 3,000,000
Salem Loan Facility [Member] | Subsequent Event [Member]
Long-Term Line of Credit	$ 1,250,000
Proceeds from Lines of Credit	1,250,000
Line of Credit Facility, Remaining Borrowing Capacity	$ 1,000,000
Spectrum Loan Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity							$ 3,000,000
Long-Term Line of Credit			1,000,000						$ 1,000,000
Convertible Promissory Notes [Member]
Debt Instrument, Face Amount													$ 790,000
Minimum [Member]
Annualized Salaries Expense Reduction Expected			3,000,000
Maximum [Member]
Annualized Salaries Expense Reduction Expected			$ 5,000,000

Note 2 - Basis of Presentatio_3

Note 2 - Basis of Presentation and Significant Accounting Policies (Details Textual)		3 Months Ended		9 Months Ended		12 Months Ended
	Jun. 01, 2022 USD ($)	Sep. 30, 2023 USD ($) shares	Sep. 30, 2022 USD ($) shares	Sep. 30, 2023 USD ($) shares	Sep. 30, 2022 USD ($) shares	Dec. 31, 2022 shares	Apr. 17, 2023 shares	Oct. 22, 2021
Factoring Agreement, Advance Amount, Percentage of Accounts Receivable						85%
Factoring Agreement, Receivables Term Oustanding (Day)						90 days
Factoring Agreement, Percentage of Receivables, Collateral						15%
Accounts Receivable Secured Debt Facility	$ 3,000,000
Accounts Receivable Secured Debt Facility, Receivables Assigned		$ 1,000,000		$ 1,000,000
Accounts Receivable Secured Debt Facility, Amount Due		48,500		48,500
Contract with Customer, Liability, Revenue To Be Recognized				250,000	$ 0
Contract with Customer, Liability		$ 0	$ 0	$ 0	$ 0
Stockholders' Equity Note, Stock Split, Conversion Ratio				6
Common Stock, Shares Authorized (in shares) | shares		300,000,000		300,000,000		300,000,000	300,000,000
Weighted Average Number of Shares Outstanding, Basic (in shares) | shares		7,211,095	5,552,736	6,841,253	5,538,781
Merger Agreement [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Acquiree Share								2.95
Customer Concentration Risk [Member] | Revenue Benchmark [Member]
Number of Major Customers				1	1
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | One Customer [Member]
Concentration Risk, Percentage				81%	81%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | One Customer [Member]
Concentration Risk, Percentage				78%		76%

Note 2 - Basis of Presentatio_4

Note 2 - Basis of Presentation and Significant Accounting Policies - Schedule of Antidilutive Securities Excluded From Computation of Earnings Per Share (Details) - shares	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	1,892,631	738,783
Common Stock Warrants [Member]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	824,340	55,263
Restricted Stock Units (RSUs) [Member]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	458,724	82,300
Share-Based Payment Arrangement, Option [Member]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)	609,567	601,220

Note 3 - Inventories (Details T

Note 3 - Inventories (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Inventory Valuation Reserves	$ 0	$ 0

Note 3 - Inventories - Summary

Note 3 - Inventories - Summary of Inventories (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Raw materials	$ 343,639	$ 696,409
Work-in-process	113,933	44,037
Finished goods	1,446,357	932,479
Inventory, net	$ 1,903,929	$ 1,672,925

Note 4 - Property and Equipme_3

Note 4 - Property and Equipment (Details Textual) - USD ($)	6 Months Ended	9 Months Ended
	Dec. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Depreciation		$ 1,244,394	$ 900,637
Impairment, Long-Lived Asset, Held-for-Use	$ 20,000

Note 4 - Property and Equipme_4

Note 4 - Property and Equipment - Summary of Property and Equipment (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Property and equipment, gross	$ 8,167,990	$ 7,999,029
Less accumulated depreciation	(4,029,460)	(2,900,932)
Property, Plant and Equipment, Net	4,138,530	5,098,097
Production Assets [Member]
Property and equipment, gross	1,868,458	1,849,808
Computer Equipment and Software [Member]
Property and equipment, gross	917,951	809,038
Lab Equipment [Member]
Property and equipment, gross	3,952,119	3,965,189
Furniture and Fixtures [Member]
Property and equipment, gross	1,201,319	1,044,858
Leasehold Improvements [Member]
Property and equipment, gross	228,143	123,109
Construction in Progress [Member]
Property and equipment, gross	$ 0	$ 207,027

Note 5 - Debt (Details Textual)

Note 5 - Debt (Details Textual) - USD ($)								1 Months Ended			3 Months Ended				12 Months Ended	13 Months Ended
	Oct. 27, 2023	Sep. 06, 2023	Sep. 05, 2023	Aug. 14, 2023	May 01, 2023	Aug. 11, 2022	Jun. 01, 2022	Jul. 31, 2023	Aug. 31, 2022	Apr. 30, 2022	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Aug. 14, 2023	Sep. 30, 2023	Jun. 30, 2022
Accounts Receivable Secured Debt Facility							$ 3,000,000
Stock Issued During Period, Value, New Issues											$ 1,685,226	$ 96,757	$ 3,658,675	$ 470,384
Salem Loan Facility [Member]
Long-Term Line of Credit		$ 1,750,000		$ 1,500,000	$ 1,500,000	$ 5,000,000					9,750,000	$ 6,500,000			$ 1,500,000	$ 9,750,000
Line of Credit Facility, Maximum Borrowing Capacity						$ 8,000,000			$ 8,000,000
Line of Credit Facility, Interest Rate During Period, Paid-in-Kind					3%	2%
Common Stock, Shares, Issued as Consideration (in shares)						25,000
Line of Credit Facility, Remaining Borrowing Capacity		2,250,000				$ 3,000,000
Line of Credit Facility, Interest Rate During Period					14%	13%
Line of Credit Facility, Interest Rate During Period, Paid in Cash					11%
Debt Instrument, Fee Amount		$ 88,000		$ 45,000	$ 60,000										45,000
Stock Issued During Period, Value, New Issues					12,500
Common Stock, Value, Issued as Consideration					$ 1,500,000
Line of Credit Facility, Allocated Interest Rate		104%		28%	17%
Extinguishment of Debt, Prepaid Premium Year 1, Percentage						3%
Extinguishment of Debt, Prepaid Premium Year 2, Percentage						2%
Extinguishment of Debt, Prepaid Premium Year 3, Percentage						1%
Proceeds from Lines of Credit		$ 1,750,000													$ 8,000,000
Debt Instrument, Interest Rate, Stated Percentage			14%	14%											14%
Debt Issuance Cost, Gross, Noncurrent				$ 78,000											$ 78,000
Stock Issued During Period, Shares, New Issues (in shares)		660,000		400,000
Line of Credit Facility, Additional Maximum Borrowing Capacity			$ 4,000,000
Salem Loan Facility [Member] | Subsequent Event [Member]
Long-Term Line of Credit	$ 1,250,000
Line of Credit Facility, Remaining Borrowing Capacity	1,000,000
Proceeds from Lines of Credit	$ 1,250,000
Salem Loan Facility [Member] | Minimum [Member]
Line of Credit Facility, Allocated Interest Rate			29%
Salem Loan Facility [Member] | Maximum [Member]
Line of Credit Facility, Allocated Interest Rate			98%
Spectrum Loan Facility [Member]
Percent, Cost of Eligible Equipment							75%
Monthly Reduction of Maximum Funds Available to Purchase Eligible Equipment, Percentage							0.021%
Percent, Net Amount of Eligible Inventory							50%
Additional Amount Allowed to be Borrowed							$ 350,000
Percent of Purchased Accounts Receivable Outstanding							50%
Percent of Eligible Accounts Receivable							85%
Accounts Receivable Secured Debt Facility							$ 3,000,000
Annual Facility Fees							$ 30,000
Debt Instrument, Base Floor							7%
Long-Term Line of Credit											$ 1,000,000					$ 1,000,000
Line of Credit Facility, Maximum Borrowing Capacity																	$ 3,000,000
Spectrum Loan Facility [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate							3.50%
Convertible Promissory Notes [Member]
Debt Instrument, Face Amount								$ 790,000
Convertible Note, Repayment Amount, Percent of Amount Due, Benchmark								20%
Debt Instrument, Convertible, Conversion Price (in dollars per share)								$ 6
Convertible Promissory Notes [Member] | Put Option [Member]
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral								$ 15,800
Convertible Promissory Notes [Member] | New Equity Financing [Member]
Minimum Gross Proceeds Received From Issuance of Equity Securities for Conversion of Note								2,000,000
Convertible Promissory Notes [Member] | Chief Executive Officer and Family Members [Member]
Debt Instrument, Face Amount								710,000
Convertible Promissory Notes [Member] | Chief Executive Officer [Member]
Debt Instrument, Face Amount								80,000
Convertible Promissory Notes [Member] | Chief Executive Officer Family Members [Member]
Debt Instrument, Face Amount								$ 630,000
Convertible Notes, One [Member]
Debt Instrument, Interest Rate, Stated Percentage								8%			9.40%					9.40%
Debt Instrument, Face Amount								$ 290,000			$ 290,000					$ 290,000
Convertible Notes, Two [Member]
Debt Instrument, Interest Rate, Stated Percentage								16%			17.40%					17.40%
Debt Instrument, Face Amount								$ 500,000			$ 500,000					$ 500,000
Financing Arrangement Related to Furniture for New Office Facilities [Member]
Debt Instrument, Face Amount										$ 1,100,000
Debt Instrument, Periodic Payment, Interest									17,000	$ 496,000
Debt Instrument, Periodic Payment, Principal									246,000
Long-Term Debt, Gross											$ 443,000					443,000
Agreement With Landlord for Leasehold Improvements [Member]
Lease Improvements, Expected Total Cost									7,700,000
Lease Improvements, Expected Total Cost, Payable									3,500,000
Lease Improvements, Payments									$ 1,300,000							$ 3,200,000
Lease Improvements, Construction Deferral Fee, Percent									2%
Lease Improvements, Interest Rate									18%

Note 5 - Debt - Financing Under

Note 5 - Debt - Financing Under Credit Facility (Details) - Salem Loan Facility [Member] - USD ($)	Sep. 30, 2023	Sep. 06, 2023	Aug. 14, 2023	Jun. 30, 2023	May 01, 2023	Aug. 11, 2022
Principal amount of promissory notes payable	$ 9,750,000	$ 1,750,000	$ 1,500,000	$ 6,500,000	$ 1,500,000	$ 5,000,000
Accrued interest	200,799
Less: unamortized debt issue costs	(205,492)
Less: unamortized debt discount	(1,966,707)
Notes payable, current portion, net	$ 7,778,600

Note 5 - Debt - Long-term Debt

Note 5 - Debt - Long-term Debt Expected to Mature (Details)	Sep. 30, 2023 USD ($)
2023	$ 1,028,308
2024	8,737,348
2025	226,241
2026	231,884
2027	187,417
Thereafter	35,105
Debt, Long-Term and Short-Term, Combined Amount	$ 10,446,303

Note 6 - Common Stock and Pre_2

Note 6 - Common Stock and Preferred Stock (Details Textual)			2 Months Ended	9 Months Ended
	Apr. 17, 2023 shares	Dec. 30, 2022 USD ($) $ / shares shares	Feb. 28, 2023 USD ($) shares	Sep. 30, 2023 USD ($) $ / shares shares	Sep. 30, 2022 USD ($)	Dec. 31, 2022 $ / shares shares	Feb. 28, 2022 shares
Common Stock, Shares Authorized (in shares)	300,000,000			300,000,000		300,000,000
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares				$ 0.0001		$ 0.0001
Common Stock, Voting Rights, Vote Per Share				1
Dividends, Common Stock, Total | $				$ 0
Payments of Stock Issuance Costs | $				$ 144,231	$ 0
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)							769,146
Stockholders' Equity Note, Stock Split, Conversion Ratio				6
Dividends Payable | $				$ 0
Preferred Stock, Shares Issued (in shares)				0		0
Preferred Stock, Shares Outstanding, Ending Balance (in shares)				0		0
Reverse Stock Split [Member]
Stockholders' Equity Note, Stock Split, Conversion Ratio	6
Warrants in Connection With Unit Purchase Agreement [Member]
Number of Warrant Per Unit (in shares)		1
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in shares)		0.5
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares		$ 12
Warrants and Rights Outstanding, Term (Year)		5 years
Class of Warrant or Right, Outstanding (in shares)				824,340
Placement Agent Warrants [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares		$ 7.8
Warrants and Rights Outstanding, Term (Year)		5 years
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)		177,490					177,490
Purchaser Warrant [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)							591,656
Unit Purchase Agreement in Private Placement Offering [Member]
Stock Issued During the Period, Units, New Issues (in shares)		647,057	1,183,192
Number of Common Stock Per Unit (in shares)		1
Shares Issued, Price Per Share (in dollars per share) | $ / shares		$ 7.8
Proceeds from Issuance or Sale of Equity, Total | $		$ 5,000,000	$ 9,200,000
Payments of Stock Issuance Costs | $		700,200	$ 1,200,000
Placement Agents Fee | $		$ 931
Percent of Gross Proceeds From Issuance of Equity		10%

Note 7 - Share-based Compensa_3

Note 7 - Share-based Compensation (Details Textual) - USD ($)	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2014
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)	210,000				210,000			94,667
Share-Based Payment Arrangement, Option, Exercise Price Range, Lower Range Limit (in dollars per share)					$ 4.2
Share-Based Payment Arrangement, Option, Exercise Price Range, Upper Range Limit (in dollars per share)					$ 9.42
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0%			0%	0%	0%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)						$ 8.4
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount	$ 395,753			$ 538,812	$ 395,753	$ 538,812
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)	0	0	0		0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value	$ 600,000				$ 600,000
Share-Based Payment Arrangement, Granted Award, Option, Cost Not yet Recognized, Amount	$ 400,000				$ 400,000
Share-Based Payment Arrangement, Granted Award, Cost Not yet Recognized, Period for Recognition (Year)					2 years 3 months 18 days
Share-Based Payment Arrangement, Expense					$ 883,450,000	$ 367,322,000
Share-Based Payment Arrangement, Expense, Tax Benefit					0
Share-Based Payment Arrangement, Amount Capitalized					$ 0
Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)					3 years
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)					273,750
Share-Based Payment Arrangement, Expense					$ 2,200,000
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Nonemployee [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	273,750
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Nonemployee [Member] | Vest Over One Year [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)							25,000
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Nonemployee [Member] | Vest Over Three Equal Annual Installments [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)							120,637
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Employee [Member] | Vest Over Three Equal Annual Installments [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)							3 years
The 2021 Plan [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	37,166				37,166
Common Stock, Capital Shares Reserved for Future Issuance, Increase as Percentage of Total Share Outstanding	5%				5%

Note 7 - Share-based Compensa_4

Note 7 - Share-based Compensation - Weighted-average Assumptions (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Expected term (in years) (Year)	6 years 3 months	6 years 3 months	6 years 3 months	6 years 3 months
Expected volatility	45%	50%	45%	50%
Risk-free rate	4.73%	3.79%	4.73%	3.79%
Dividend rate	0%	0%	0%	0%

Note 7 -Share-based Compensatio

Note 7 -Share-based Compensation - Stock Option Activity (Details) - $ / shares	3 Months Ended			9 Months Ended	12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Shares underlying outstanding awards (in shares)	611,367	607,690	601,220	601,220
Shares underlying outstanding awards, weighted average exercise price (in dollars per share)	$ 3.64	$ 3.6	$ 3.54	$ 3.54
Shares underlying outstanding awards, weighted average remaining contractual term (Year)	4 years 4 months 28 days	4 years 8 months 4 days	5 years 2 months 4 days		4 years 10 months 6 days
Granted (in shares)	0	3,800	9,333
Granted, weighted average exercise price (in dollars per share)		$ 7.8	$ 8.97
Exercised (in shares)	0	0	0	0
Exercised, weighted average exercise price (in dollars per share)
Cancelled/Forfeited (in shares)	(1,800)	(123)	(2,863)
Forfeited, weighted average exercise price (in dollars per share)	$ 4.18	$ 2.19	$ 11.41
Cancelled/Forfeited (in dollars per share)	$ 4.18	$ 2.19	$ 11.41
Shares underlying outstanding awards (in shares)	609,567	611,367	607,690	609,567	601,220
Shares underlying outstanding awards, weighted average exercise price (in dollars per share)	$ 3.63	$ 3.64	$ 3.6	$ 3.63	$ 3.54
Exercisable options (in shares)	520,043			520,043
Exercisable options, weighted average exercise price (in dollars per share)	$ 2.55			$ 2.55
Exercisable options, weighted average remaining contractual term (Year)				3 years 9 months 29 days

Note 7 - Share-based Compensa_5

Note 7 - Share-based Compensation - Schedule of Restricted Stock Units (Details) - Restricted Stock Units (RSUs) [Member]	9 Months Ended
	Sep. 30, 2023 $ / shares shares
Outstanding, shares (in shares) | shares	195,187
Outstanding, weighted average fair value (in dollars per share) | $ / shares	$ 9.27
Granted, shares (in shares) | shares	273,750
Granted, weighted average fair value (in dollars per share) | $ / shares	$ 4.06
Vested, shares (in shares) | shares	(4,765)
Vested, weighted average fair value (in dollars per share) | $ / shares	$ 8.94
Forfeited, shares (in shares) | shares	(5,448)
Forfeited, weighted average fair value (in dollars per share) | $ / shares	$ 9.18
Outstanding, shares (in shares) | shares	458,724
Outstanding, weighted average fair value (in dollars per share) | $ / shares	$ 6.17

Note 7 - Share-based Compensa_6

Note 7 - Share-based Compensation - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Stock-based compensation expense	$ 883,450	$ 367,322
Cost of Sales [Member]
Stock-based compensation expense	54,328	7,914
Research and Development Expense [Member]
Stock-based compensation expense	198,689	97,118
Selling and Marketing Expense [Member]
Stock-based compensation expense	138,983	62,251
General and Administrative Expense [Member]
Stock-based compensation expense	$ 491,450	$ 200,039

Note 8 - Derivative Liabiliti_3

Note 8 - Derivative Liabilities (Details Textual)	Sep. 30, 2023 USD ($)	Jul. 21, 2023
Derivative Liability	$ 63,200
Measurement Input, Discount Rate [Member] | Valuation Technique, Discounted Cash Flow [Member] | Minimum [Member]
Derivative Liability, Measurement Input	0.08	0.08
Measurement Input, Discount Rate [Member] | Valuation Technique, Discounted Cash Flow [Member] | Maximum [Member]
Derivative Liability, Measurement Input	0.16	0.16
Measurement Input, Probability of Change of Control [Member] | Valuation Technique, Discounted Cash Flow [Member]
Derivative Liability, Measurement Input	0.40	0.10

Note 8 - Derivative Liabiliti_4

Note 8 - Derivative Liabilities - Summary of Changes in Fair Value of Level 3 Liabilities Measured on a Recurring Basis (Details) - Fair Value, Recurring [Member] - Fair Value, Inputs, Level 3 [Member]	9 Months Ended
	Sep. 30, 2023 USD ($)
Beginning balance as of January 1, 2023	$ 0
Issuance of Convertible Notes between July 12, 2023 and July 21, 2023	15,800
Change in fair value of derivative liabilities	47,400
Ending balance on September 30, 2023	$ 63,200

Note 9 - Commitments and Cont_3

Note 9 - Commitments and Contingencies (Details Textual)

1 Months Ended

3 Months Ended

9 Months Ended

Sep. 04, 2023

Jun. 28, 2023

Jul. 31, 2023 USD ($) ft²

Aug. 30, 2022 USD ($)

Apr. 30, 2022 USD ($)

Sep. 30, 2023 USD ($)

Sep. 30, 2023 USD ($)

Sep. 30, 2022 USD ($)

Mar. 31, 2023 USD ($)

Dec. 31, 2022 USD ($)

Aug. 31, 2022 USD ($)

Lessee, Operating Lease, Lease Not yet Commenced, Annual Lease Expense

$ 1,500,000

Finance Lease, Liability, to be Paid, Total

$ 3,404,173

$ 3,404,173

Finance Lease, Interest Expense

198,778

$ 163,107

[1]

Finance Lease, Principal Payments

812,315

$ 737,338

Finance Lease, Interest Payment on Liability

197,141

Chief Executive Officer [Member]

Deferred Salary, Percentage of Salaries

68%

Chief Operating Officer [Member]

Deferred Salary, Percentage of Salaries

68%

Chief Financial Officer [Member]

Deferred Salary, Percentage of Salaries

52%

Chief Business Officer [Member]

Deferred Salary, Percentage of Salaries

25%

Executive Management Team [Member]

Salaries Reduction, Percentage of Salaries

20%

Legal Claims [Member]

Loss Contingency Accrual, Ending Balance

0

0

$ 0

Indemnification Agreement [Member]

Loss Contingency Accrual, Ending Balance

0

0

$ 0

Headquarters Office Building [Member]

Construction Cost, Estimated Amount

$ 7,700,000

Construction Cost, Estimate Attributable to Company

$ 3,500,000

Former Headquarters [Member]

Area of Real Estate Property (Square Foot) | ft²

4,800

Sub-lease, Monthly Rental Income

$ 5,540

Former Headquarters [Member] | General and Administrative Expense [Member]

Operating Lease, Impairment Loss

95,000

Furniture for Headquarters Office Building [Member]

Finance Lease, Liability, to be Paid, Total

$ 1,100,000

$ 443,000

$ 443,000

Finance Lease, Interest Expense

$ 496,000

Finance Lease, Principal Payments

$ 246,000

Finance Lease, Interest Payment on Liability

$ 17,000

[1]Represent amounts under ASC 840.

Note 9 - Commitments and Cont_4

Note 9 - Commitments and Contingencies - Balance Sheet Information Related to Right-of-use Assets and Liabilities (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Operating lease right-of-use assets	$ 10,760,967	$ 209,669
Current portion of operating lease liabilities	745,144	139,794
Noncurrent portion of operating lease liabilities	6,341,829	71,714
Total operating lease liabilities	7,086,973
Finance lease right-of-use assets	4,917,140
Current portion of finance lease liabilities	1,041,010	1,078,506
Noncurrent portion of finance lease liabilities	1,992,260	$ 2,984,618
Total finance lease liabilities	$ 3,033,270

Note 9 - Commitments and Cont_5

Note 9 - Commitments and Contingencies - Lease Cost (Details) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	[1]
Operating lease cost	$ 1,210,436	$ 99,772
Amortization of lease assets	944,413	615,102
Interest on lease liabilities	198,778	163,107
Total finance lease costs	$ 1,143,191	$ 778,209
[1]Represent amounts under ASC 840.

Note 9 - Commitments and Cont_6

Note 9 - Commitments and Contingencies - Other Supplemental Information Related to Leases (Details) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Operating leases (Year)	8 years 9 months 3 days
Finance leases (Year)	3 years 1 month 9 days
Operating leases	11%
Finance leases	7.29%
Operating cash flows from operating leases	$ 1,357,074
Finance Lease, Interest Payment on Liability	197,141
Finance Lease, Principal Payments	$ 812,315	$ 737,338

Note 9 - Commitments and Cont_7

Note 9 - Commitments and Contingencies - Future Minimum Payments (Details)	Sep. 30, 2023 USD ($)
Operating leases, 2023	$ 377,092	[1]
Operating leases, 2024	1,443,532
Operating leases, 2025	1,222,999
Operating leases, 2026	1,060,299
Operating leases, 2027	1,076,140
Operating leases, thereafter	5,986,355
Operating leases, total	11,166,417
Less present value adjustment, 2023	191,509	[1]
Less present value adjustment, 2024	711,783
Less present value adjustment, 2025	635,120
Less present value adjustment, 2026	580,822
Less present value adjustment, 2027	524,555
Less present value adjustment, thereafter	1,435,655
Less present value adjustment, total	4,079,444
Operating lease liabilities, 2023	185,583	[1]
Operating lease liabilities, 2024	731,749
Operating lease liabilities, 2025	587,879
Operating lease liabilities, 2026	479,477
Operating lease liabilities, 2027	551,585
Operating lease liabilities, thereafter	4,550,700
Operating lease liabilities, total	7,086,973
Finance leases, 2023	306,035	[1]
Finance leases, 2024	1,224,139
Finance leases, 2025	903,372
Finance leases, 2026	810,528
Finance leases, 2027	137,155
Finance leases, thereafter	22,944
Finance leases, total	3,404,173
Less interest, 2023	53,225	[1]
Less interest, 2024	166,780
Less interest, 2025	100,148
Less interest, 2026	43,302
Less interest, 2027	5,859
Less interest, thereafter	1,589
Less interest, total	370,903
Finance lease liabilities, 2023	252,810	[1]
Finance lease liabilities, 2024	1,057,359
Finance lease liabilities, 2025	803,224
Finance lease liabilities, 2026	767,226
Finance lease liabilities, 2027	131,296
Finance lease liabilities, thereafter	21,355
Finance lease liabilities, total	$ 3,033,270
[1]Amounts are for the remaining six months ending December 31, 2023.

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($)	3 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Income Tax Expense (Benefit), Total	$ 0	$ 0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%	21%
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration			$ 19,022,927
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member] | R&D Tax Credit Carryforward [Member]
Tax Credit Carryforward, Subject to Expiration			$ 626,347

Note 11 - Related Party Trans_2

Note 11 - Related Party Transactions (Details Textual)	9 Months Ended
	Sep. 30, 2023 shares
Private Placement Offering [Member]
Stock Issued During Period, Shares, New Issues (in shares)	45,383

Note 12 - Employee Benefit Pl_2

Note 12 - Employee Benefit Plan (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay			4%
Defined Contribution Plan, Cost	$ 87,205	$ 93,728

Note 13 - Subsequent Events (De

Note 13 - Subsequent Events (Details Textual) - Salem Loan Facility [Member] - USD ($) $ in Thousands			12 Months Ended
	Oct. 27, 2023	Sep. 06, 2023	Aug. 14, 2023
Proceeds from Lines of Credit		$ 1,750	$ 8,000
Subsequent Event [Member]
Proceeds from Lines of Credit	$ 1,250