v3.25.2
COMMITMENTS AND CONTINGENCIES
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 10 – COMMITMENTS AND CONTINGENCIES

 

Operating Lease Commitments

 

The Company has no lease obligations at June 30, 2025, and December 31, 2024. Additionally, the Company has no known contingencies as of June 30, 2025, and December 31, 2024.

 

Purchase Commitments

 

The Company has no purchase obligations at June 30, 2025 and December 31, 2024.

 

Legal Matters

 

During the course of business, litigation commonly occurs. From time to time, the Company may be a party to litigation matters involving claims against the Company. The Company operates in a highly regulated industry and employs personnel, which may inherently lend itself to legal matters. Management is aware that litigation has associated costs and that results of adverse litigation verdicts could have a material effect on the Company’s financial position or results of operations.

 

There are no known legal proceedings against the Company or its officers and directors in their capacity as officers and directors of the Company.