v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 65,000 $ 27,000
Accounts receivable 1,434,000 730,000
Inventories 984,000 890,000
Prepaid expenses 90,000 107,000
TOTAL CURRENT ASSETS 2,573,000 1,754,000
Property and equipment, net 159,000 154,000
Right-of-use assets 45,000 567,000
Other noncurrent assets 450,000 270,000
TOTAL ASSETS 3,227,000 2,745,000
CURRENT LIABILITIES    
Accounts payable, accrued expenses and other current liabilities 1,312,000 1,376,000
Convertible notes payable 557,000
Lawsuit liability 1,157,000 1,122,000
Operating lease liability, current 51,000 581,000
Related party notes and advances payable 7,854,000 5,185,000
TOTAL CURRENT LIABILITIES 10,931,000 8,264,000
LONG TERM LIABILITIES    
Operating lease liability, non-current 50,000
Other long term liabilities 138,000 163,000
TOTAL LIABILITIES 11,069,000 8,477,000
CONVERTIBLE REDEEMABLE PREFERRED STOCK    
Preferred stock series A subject to possible redemption, 50,000,000 shares authorized: 25,000 issued and outstanding at stated redemption value of $1,000 per share as of December 31, 2025 and December 31, 2024 25,000,000 25,000,000
SHAREHOLDERS’ DEFICIT:    
Common Stock, par value $0.001 a share; 2,000,000,000 shares authorized as of December 31, 2025 and December 31, 2024: 183,983,122 shares issued and outstanding on December 31, 2025, and 183,949,923 as of December 31, 2024, respectively 184,000 184,000
Additional paid-in capital 16,174,000 16,171,000
Accumulated deficit (49,200,000) (47,087,000)
TOTAL SHAREHOLDERS’ DEFICIT (32,842,000) (30,732,000)
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND SHAREHOLDERS’ DEFICIT $ 3,227,000 $ 2,745,000