v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 9,377,141 $ 401,203
Accounts receivable 2,846,500
Deferred offering costs 393,203
Vendor deposits 1,885,680 1,885,680
Inventory 28,000
Prepaid expenses and other assets 490,369 619,688
Total current assets 14,627,690 3,299,774
Right of Use Asset 329,471
Deposits 15,321
Investment in unconsolidated affiliate 500,000
Intangible assets 22,882,709 23,900,520
Total assets 38,355,191 27,200,294
Current liabilities:    
Short Term Loans due to Related Parties 825,700
Current Portion of Lease Liability 40,519
Deferred revenue 3,564,000 4,757,500
Total current liabilities 4,975,999 7,837,013
Long-Term Lease Liability 297,676
Commitments and Contingencies (Note 14)
Stockholders’ equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding at June 30, 2026, and December 31, 2025, respectively
Common stock: $0.001 par value, 1,000,000,000 shares authorized, 7,097,573 and 3,930,906 shares issued and outstanding at June 30, 2026, and December 31, 2025, respectively 7,098 3,931
Additional paid-in capital 44,945,765 29,107,471
Accumulated deficit (11,871,347) (9,748,121)
Total stockholders’ equity 33,081,516 19,363,281
Total liabilities and stockholders’ equity 38,355,191 27,200,294
Nonrelated Party [Member]    
Current liabilities:    
Accounts payable and accrued liabilities 498,563 937,088
Related Party [Member]    
Current assets:    
Intangible assets 1,000,000  
Current liabilities:    
Accounts payable and accrued liabilities $ 872,917 $ 1,316,725

Source

10-Q XBRL Zip