Note 15 - Subsequent Events |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] |
NOTE 15 SUBSEQUENT EVENTS
In April 2025 and May 2025, pursuant to the 2025 Kips Bay Note, the Company issued 1,684,476 shares of the Company's common stock to Kips Bay with a fair value of $3,716,954 at an average conversion price of $2.21 for converted principal of $2,900,000 and accrued interest of $48,959.
On May 5, 2025, the Company issued 24,228 shares of unregistered restricted shares of common stock with a fair value of $61,447 to Alvin Fund LLC in lieu of payment of interest under the Alvin Fund 2023 Note.
On May 5, 2025, the Company executed subscription agreements with two investors for a million private placement of the Company’s restricted unregistered common stock at per share. The Company plans to issue shares of restricted unregistered common stock to the investors of and , respectively, for $1,000,000 and $500,000, respectively.
|