v3.25.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ 4,103,067 $ (501,295)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt discount 94,168 87,289
Shares issued for services 6,125
Change in fair value of warrant liability 397,553
Change in fair value of earnout shares liability (18,731,514)
Stock issued for forbearance fee 13,226,926
Change in assets and liabilities:    
Prepaid expenses (801,386)
Other receivables 17,224 (15,000)
Accounts payable and accrued expenses 41,893 11,844
Accrued expenses - related party (88,350) (120,083)
Accrued interest payable - related party 57,795 22,064
Net cash used in operating activities (1,676,499) (515,181)
Cash flows from investing activities:    
Cash acquired with merger 2,537
Acquisition cots (361,643)
Net cash used in investing activities (359,106)
Cash flows from financing activities:    
Proceeds from notes payable to related party 500,000 821,941
Repayment of notes payable to related party (123,972) (61,957)
Repayment of due to investor (1,000,000)
Proceeds from convertible notes payable 2,600,000
Proceeds from financing payable 663,582
Repurchase of common stock to cancel (141,000)
Proceeds from sale of common stock 25,000
Net cash provided by financing activities 2,664,610 618,984
Net change in cash 629,005 103,803
Cash at beginning of period 106,809 3,006
Cash at end of period 735,814 106,809
Supplemental disclosures of cash flow information:    
Cash paid for interest
Cash paid for taxes 200
Supplemental non-cash information    
Net assets and liabilities assumed in the merger (25,236,215)
Conversion of preferred series A stock into common stock 510
Conversion of preferred series B stock into common stock 10,000
Common shares cancelled per forfeiture agreement 85
Common shares cancelled for reimbursement of expenses 208,433
Common shares issued for note extension with related party 35,000
Renegotiated notes payable 487,500
Discounts on notes payable applied directly against accumulated deficit $ 14,087 $ 44,077