Contingencies and Uncertainties |
12 Months Ended |
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Dec. 31, 2025 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Contingencies and Uncertainties | NOTE 11 – Contingencies and Uncertainties
Risks and Uncertainties – The Company’s operations are subject to significant risks and uncertainties including financial, operational, and regulatory risks, including the potential risk of business failure. The Company does not have employment contracts with its key employees, including the controlling shareholders who are officers of the Company.
Legal and other matters – In the normal course of business, the Company may become a party to litigation matters involving claims against the Company.
Pending Legal Proceeding:
JAMS arbitration proceedings / consulting agreements. Pending Legal Proceeding. During 2025, demands for arbitration were submitted to JAMS in Jonathan Sanger v. American Picture House Corporation (JAMS Case No. 5220010741) and Michael Jones v. American Picture House Corporation (JAMS Case No. 5220010727) arising out of certain consulting agreements. JAMS has advised the Company that the Jones matter has been consolidated with the Sanger-caption matter under Case No. 5220010741. The Company disputes the claims asserted and reserves all rights, objections and defenses. Based on current information, management cannot conclude that a loss is probable and is unable to reasonably estimate a possible loss or range of loss, if any, at this time.
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