v3.25.2
Summary of Significant Accounting Policies (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Summary of Significant Accounting Policies    
Schedule of deferred offering costs

 

 

March 31,

 

 

December 31

 

 

 

2025

 

 

2024

 

Legal fees

 

$71,825

 

 

$52,131

 

General and administrative expenses

 

 

77,627

 

 

 

73,973

 

Total

 

$149,452

 

 

$126,104

 

 

 

December 31,

 

 

December 31

 

 

 

2024

 

 

2023

 

Legal fees

 

$52,131

 

 

$-

 

General and administrative expenses

 

 

73,973

 

 

 

-

 

Total

 

$126,104

 

 

$-

 

Schedule of cost of revenue

 

 

 Three months ended

 

 

 

 March 31,

 

 

 

2025

 

 

2024

 

Cost of inventory

 

$516,443

 

 

$76,196

 

Freight and shipping

 

 

160

 

 

 

2,530

 

Consulting and advisory-related party

 

 

4,000

 

 

 

4,200

 

Royalty and sales commission-related party

 

 

91,290

 

 

 

43,146

 

Rent expense

 

 

40,367

 

 

 

18,143

 

Total cost of revenue

 

$652,260

 

 

$144,215

 

 

 

 Years Ended

 

 

 

 December 31,

 

 

 

2024

 

 

2023

 

Cost of inventory

 

$407,334

 

 

$101,978

 

Freight and shipping

 

 

9,321

 

 

 

14,494

 

Consulting and advisory-related party

 

 

19,400

 

 

 

30,100

 

Royalty and sales commission-related party

 

 

81,917

 

 

 

47,304

 

Rent expense

 

 

137,527

 

 

 

66,258

 

Total cost of revenue

 

$655,499

 

 

$260,134

 

Schedule of antidilutive securities excluded from the computation of eps  

 

 

 Years Ended

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net loss

 

$(6,881,722)

 

$(10,102,266)

Change in fair value of derivatives

 

 

409,776

 

 

 

-

 

Interest on convertible debts

 

 

50,723

 

 

 

1,311

 

Net loss - diluted

 

$(6,421,223)

 

$(10,100,955)

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

50,296,518

 

 

 

96,663,470

 

Effect of dilutive shares

 

 

 

 

 

 

 

 

Convertible notes

 

 

1,273,490

 

 

 

300,000

 

Preferred stock

 

 

51,923,443

 

 

 

10,019,347,886

 

Common stock warrants

 

 

195,286

 

 

 

-

 

Diluted

 

 

103,688,737

 

 

 

10,116,311,356

 

 

 

 

 

 

 

 

 

 

Net income per common share:

 

 

 

 

 

 

 

 

Basic

 

$(0.14)

 

$(0.10)

Diluted

 

$(0.06)

 

$(0.00)
Schedule of reconciliation to net loss per common share basic and the anti-dilutive impact on net loss per share

 

 

March 31,

 

 

March 31,

 

 

 

2025

 

 

2024

 

 

 

 Shares 

 

 

 Shares 

 

Convertible notes

 

 

15,029,424

 

 

 

-

 

Common stock warrants

 

 

11,385,125

 

 

 

-

 

Convertible Series C Preferred Stock

 

 

49,002,760

 

 

 

47,562,284

 

 

 

 

75,417,309

 

 

 

47,562,284

 

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

 Shares 

 

 

 Shares 

 

Convertible notes

 

 

3,240,000

 

 

 

300,000

 

Common stock warrants

 

 

1,620,000

 

 

 

-

 

Series C Convertible Preferred Stock

 

 

51,923,443

 

 

 

19,347,886

 

Convertible Series A Preferred Stock(1)

 

 

-

 

 

 

10,000,000,000

 

 

 

 

56,783,443

 

 

 

10,019,647,886

 

Schedule of stock-based compensation

 

 

 Three months ended

 

 

 

 March 31,

 

 

 

 2025

 

 

 2024

 

Management compensation

 

$420,720

 

 

$-

 

Professional fees

 

 

2,349,020

 

 

 

975,250

 

Professional fees - related party

 

 

-

 

 

 

1,422,750

 

Financing expense

 

 

6,167,334

 

 

 

-

 

 

 

$8,937,074

 

 

$2,398,000

 

 

 

Years Ended

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

Management compensation

 

$-

 

 

$180,000

 

Professional fees

 

 

975,249

 

 

 

146,850

 

Professional fees - related party

 

 

1,422,750

 

 

 

8,640,000

 

Advertising and marketing

 

 

660,000

 

 

 

-

 

 

 

$3,057,999

 

 

$8,966,850