COMMON STOCK |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Equity [Abstract] | |
| COMMON STOCK | NOTE 10 — COMMON STOCK
On January 1, 2025, the Company issued shares of common stock to a service provider. The shares were valued at $, the closing stock price on the date of grant, for total non-cash expense of $.
On January 30, 2025, the Company’s transfer agent issued shares of common stock due as of December 31, 2024, to a service provider for services.
On January 31, 2025, the Company’s transfer agent issued commitment shares of common stock due to GS Capital.
On February 6, 2025, the Company’s transfer agent issued the shares of common stock granted to Mr. Bates on December 12, 2024.
On February 6, 2025, the Company’s transfer agent issued the shares of common stock granted to Ms. Boulds on December 12, 2024.
On February 6, 2025, the Company’s transfer agent issued the shares of common stock granted to Ms. Harris on December 12, 2024.
On February 6, 2025 the Company’s transfer agent issued the shares of common stock granted to its directors on December 12, 2024.
On February 6, 2025, the Company’s transfer agent issued the shares of common stock granted to its service providers and employees on December 12, 2024.
On February 6, 2025, the Company’s transfer agent issued the shares of common stock purchased on August 23, 2024.
On February 6, 2025, the Company’s transfer agent issued shares of common stock due as of December 31, 2024 for services.
On February 14, 2025, The Company issued shares of common stock each to GS Capital and ClearThink for commitment shares pursuant to the terms of promissory notes that were issued in 2024.
On February 24, 2025, the Company’s transfer agent issued shares of common stock due for the Dorado Purchase Agreement as of December 24, 2024.
During the three months ended March 31, 2025, ClearThink converted $45,000 of principal into shares of common stock. In addition, the Company’s transfer agent issued the shares of common stock due for prior conversions as of December 31, 2024.
During the three months ended March 31, 2025, Coventry converted $104,055 of principal into shares of common stock.
During the three months ended June 30, 2025, the Company issued a total of shares of common stock to various service providers. The shares were valued at the closing stock price on the date of grant, for total non-cash expense of $366,000.
On May 22, 2025, the Company issued shares of common stock to GS Capital as a default penalty on a convertible note. The shares were valued at $0.018, the closing stock price on the date of default, for total non-cash expense of $36,000.
On May 22, 2025, the Company issued shares of common stock to ClearThink Capital as a default penalty on a convertible note. The shares were valued at $0.0095, the closing stock price on the date of default, for total non-cash expense of $19,000.
During the three months ended June 30, 2025, ClearThink Capital converted $147,500 and $52,120 of principal and interest, respectively into shares of common stock.
During the three months ended June 30, 2025, GS Capital converted $26,741 and $9,263 of principal and interest and fees, respectively into shares of common stock.
On May 13, 2025, the Company issued shares of common stock each to GS Capital and ClearThink for commitment shares pursuant to the terms of promissory notes that were issued on May 13, 2025.
During the three months ended June 30, 2025, the Company issued shares of common stock for commitment shares pursuant to the terms of The Revenue Share Agreements (see Note 8 ).
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