Related Party Transactions |
3 Months Ended |
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Mar. 31, 2025 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | Note 4 – Related Party Transactions
During the three months ended March 31, 2025, the Company made payments of approximately $156,000 to certain stockholders for consulting services provided to the Company, which included payments to the Chief Executive Officer, Chief Operating Officer and a board member. In addition, during the three months ended March 31, 2025, the Company issued 14,625,000 shares of common stock valued at approximately $103,000 to various consultants for services provided.
During the three months ended March 31, 2025 and 2024, the Company incurred a total of $20,350 and $30,000 and for the quarterly board stipend payable to the Board of Directors for services provided. During the three months ended March 31, 2025, the Company issued 1,600,000 shares of common stock valued at approximately $13,000 for a portion of the payment for the board stipend.
During the three months ended March 31, 2024, the Company paid a stockholder $12,000 for consulting services.
Included in related party payable as of March 31, 2024 was approximately $62,000, which was loaned to the Company by the Company’s Chief Executive Officer (“CEO”) and another stockholder. This amount was repaid in May 2024. |