v3.25.1
Related Party Transaction
3 Months Ended
Mar. 31, 2025
Related Party Transaction [Abstract]  
RELATED PARTY TRANSACTION

NOTE 8 – RELATED PARTY TRANSACTION

 

Indemnification agreements

 

On August 23, 2021, the Company entered into indemnification agreements with each of its directors and executive officers. In general, these indemnification agreements require the Company to indemnify a director and officer to the fullest extent permitted by law against liabilities that may arise in connection with that director’s service as a director and officer for the Company. Additionally, the Company shall advance expenses incurred as a result of any proceeding against them as to which they could be indemnified. Since August 2021, the Company did not renew its officers and directors insurance.