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LIQUIDITY AND PLAN OF OPERATIONS
6 Months Ended
Jun. 30, 2025
Liquidity And Plan Of Operations  
LIQUIDITY AND PLAN OF OPERATIONS

NOTE 2 - LIQUIDITY AND PLAN OF OPERATIONS

 

As of June 30, 2025, The Company has incurred recurring losses and negative cash flows from operations and has an accumulated deficit of $75,988. For the six-month period ended June 30, 2025, the Company used approximately $4,726 of cash in operations. The Company expects to incur future net losses and its transition to profitability is dependent upon, among other things, the achievement of a level of revenues adequate to support the cost structure. Until the Company achieves profitability or generates positive cash flows, it will continue to be dependent on raising additional funds to fund its operations. The Company intends to fund its future operations through cash on hand, additional private and/or public offerings of debt or equity securities or a combination of the foregoing. There are no assurances, however, that the Company will be able to obtain an adequate level of financial resources that are required to fund its operation.

 

These conditions raise substantial doubt about the Company’s ability to continue as a going concern for twelve months from the date of issuance of these interim condensed consolidated financial statements. The accompanying condensed interim consolidated financial statements do not include any adjustments to reflect the possible future effects on recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.