v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES    
Net loss $ (30,143,761) $ (16,192,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,101
Change in fair value of SAFE notes 17,368,415 13,462,710
Transaction costs paid in shares 156,869
Stock-based compensation expense 19,742 172,468
Amortization of ROU assets 31,641
Loss on debt extinguishment 5,728,295
Operating lease payment (51,642)
Interest expense 21,380
Reverse recapitalization transaction (4,739,169)
Change in operating assets and liabilities:    
Accounts receivable 34,328 (13,305)
Prepaid and other assets (404,842) 144,895
Inventory (297,186)
Accounts payable (540,863) 74,088
Accrued expense 1,006,861 (5,192)
Accrued compensation (150,623) 28,704
Accrued interest 280,000
Accrued taxes 3,911,691  
Short-term debt, net 3,750,000
Deferred revenue 251,021
Net cash used in operating activities (3,762,742) (2,327,632)
INVESTING ACTIVITIES    
Purchase of property and equipment (107,200)
Capitalized software development costs (636,598) (361,862)
Net cash used in investing activities (743,798) (361,862)
FINANCING ACTIVITIES    
Proceeds from issuance of bridge loans 500,000 3,134,500
Proceeds from issuance of SAFE notes 23,752
Repayment of bridge loans (1,660,545)
Proceeds from PIPE investments 10,837,643
Purchase of common stock (5,000,000)
Proceeds from Trust account 5,577,304
Net cash provided by financing activities 10,278,154 3,134,500
Net increase in cash during period 5,771,614 445,006
Cash, beginning of period 721,032 605,760
Cash, end of period 6,492,646 1,050,766
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
ROU asset obtained in exchange for lease liability 482,227
Conversion of SAFE notes to equity 40,726,793
Conversion of short-term debt to equity $ 2,456,500