v3.26.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2026
Summary of Significant Accounting Policies  
Assets and liabilities measured at fair value

Description

 

Quoted

Prices in

Active

Markets

for

Identical

Assets

(Level 1)

 

 

Significant

Other

Observable

Inputs

(Level 2)

 

 

Significant Unobservable

Inputs

(Level 3)

 

 

Total 

Gain/ (loss)

(quarter ended

Mar. 31,

2026)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial assets:

 

Investment in Simson-Maxwell

 

$-

 

 

$-

 

 

$2,931,360

 

 

$107,234

 

Schedule of inventory

 

 

March 31,

2026

 

 

December 31,

2025

 

Units and work-in-process

 

$686,415

 

 

$686,415

 

Parts

 

 

177,054

 

 

 

215,034

 

 

 

 

863,469

 

 

 

901,449

 

Reserve for obsolescence

 

 

-

 

 

 

-

 

 

 

$863,469

 

 

$901,449