RELATED PARTY TRANSACTIONS |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| RELATED PARTY TRANSACTIONS | |
| RELATED-PARTY TRANSACTIONS | NOTE 9 – RELATED-PARTY TRANSACTIONS
Karatage is a privately held entity co‑founded by the Company’s Chairman of the Board and the Company’s Chief Investment Officer. Accordingly, Karatage is considered a Related Party under ASC 850, Related Party Disclosures.
Under the arrangement with Karatage, to serve as a strategic advisor to support the Company’s business initiatives and long term strategic planning, the Company incurred advisory fees of $71 thousand for the three months ended March 31, 2026, which is included as part of professional fees in the statements of operations. As of March 31, 2026, $10 thousand was outstanding and is included in accounts payable and accrued liabilities on the balance sheet. |