Related Party Transactions |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | Note 12 — Related Party Transactions
The Company has entered into transactions with its managing member or a company owned solely by its managing member for consulting services, reimbursement of travel expenses incurred on behalf of the Company, and issuance of five unsecured promissory notes receivable.
For the three months ended March 31, 2025 and the period from February 8, 2024 (inception) to March 31, 2024, the Company reimbursed travel expenses and corporate expenses totaling $106,423 and , respectively, to the Company’s managing member. For three months ended March 31, 2025 and the period from February 8, 2024 (inception) to March 31, 2024, the Company paid and $37,848, respectively, to a company owned solely by the Company’s managing member for advisory services. These amounts are included in general and administrative expenses on the accompanying statements of operations.
There were no amounts owed to or from the company owned solely by the Company’s managing member as of March 31, 2025 and December 31, 2024. There was $3,212 owed to the Company’s managing member and is included as a component of accounts payable on the accompanying balance sheets as of March 31, 2025 and December 31, 2024. |