v3.26.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
Revenue
General and administrative expenses [1] 16,083,206 17,972,828
Operating loss (16,083,206) (17,972,828)
Other income (expenses)    
Interest income 12,014 10,838
Interest expense [2] (186,903) (50,454)
Finance charge [3] (333,055) (7,579,713)
Change in fair value of sponsor earnout shares 528,000 4,076,200
Change in fair value of warrant liability 1,409,201 (511,342)
Change in fair value of investment in equity securities (708,988) (322,134)
Change in fair value of convertible notes (471,400)
Change in fair value of SAFE notes (955,000)
Loss on write off of promissory notes and deposit (564,844)
Loss on sale of investment in equity securities (179,805)
Gain on extinguishment of liability 383,950
Other income 21,970
Total other income (expenses) 359,570 (5,781,035)
Net loss $ (15,723,636) $ (23,753,863)
Net loss per share(4)    
Basic [4] $ (2.13) $ (5.55)
Diluted [4] $ (2.13) $ (5.55)
Weighted average common shares outstanding(4)    
Basic [4] 7,385,168 4,282,194
Diluted [4] 7,385,168 4,282,194
[1] Includes related party amounts of nil and $143,057 for the year ended December 31, 2025, and December 31, 2024, respectively.
[2] Includes related party amounts of $58,651 and $20,937 for the year ended December 31, 2025, and December 31, 2024, respectively.
[3] Includes related party amounts of
[4] Amounts have been adjusted to reflect the 1-for-10 reverse stock split that became effective on September 8, 2025. See Note 2 “Basis of presentation and summary of significant accounting policies” for additional details.