v3.25.2
Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events

Note 12. Subsequent Events

 

The Company has evaluated all events that occurred after the date of the financial statements and through the date of issuance to determine if they must be reported. Management has determined that other than those disclosed below, there were no additional reportable subsequent events to be disclosed.

 

Issuance of Shares for Note Conversions

 

Between July 2, 2025 and August 6, the Company issued an aggregate 1,460,534 shares of common stock for the conversion of $518,143 in principal and accrued interest on its convertible loans.

 

Contract Commitments

 

As Described in Note  6. Commitments and Contingencies, the Company had previously entered into an agreement with a registered broker in which it agreed to pay a 6% commission to the broker for any capital raised from parties introduced by the broker. This obligation expired on or around July 17, 2025.