v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 273,125 $ 32,604
Prepaid expenses 332,398 12,335
Deferred financing costs 75,000 75,000
Subscription receivable 650,000
Total current assets 680,523 769,939
Equipment 414,034 414,034
Construction in-process equipment 139,387
Intangible assets, net 89,508 92,427
Total Assets 1,323,452 1,276,400
Current liabilities:    
Accounts payable 2,176,497 1,946,931
Accrued expenses 1,125,719 700,000
Shortfall payment liability 20,636 20,636
Total current liabilities 7,655,404 6,215,908
Derivative warrant liabilities 440,000 350,000
Total liabilities 8,095,404 6,565,908
Commitments and Contingencies
Stockholders' Deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, respectively; no shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively
Additional paid-in capital 964,335 964,335
Accumulated deficit (7,737,046) (6,254,602)
Total stockholders' deficit (6,771,952) (5,289,508)
Total Liabilities and Stockholders' Deficit 1,323,452 1,276,400
Class A Common Stock    
Stockholders' Deficit:    
Common stock 753 753
Class B Common Stock    
Stockholders' Deficit:    
Common stock 6 6
Related party    
Current liabilities:    
Line of credit - related party 3,847,278 3,110,149
Note payable from related parties 400,000 400,000
Accrued interest - related parties $ 85,274 $ 38,192