v3.26.1
Related Party Transactions
3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Related Party Transactions [Text Block]

5. Related Party Transactions

Board of Directors Compensation

The Company paid its Board of Directors a total of $42,000 during the period ended March 31, 2026, consisting of $21,000 related to amounts accrued as of December 31, 2025 and $21,000 for services provided during the three months ended March 31, 2026.

Deferred Compensation

As of March 31, 2026, and December 31, 2025, the balances of the total deferred compensation for the officers, are as follows, Eric Jones, President and Chief Executive Officer: $469,500; Jim Collord, Technical Advisor: $420,000; Larry Thackery, former Chief Financial Officer: $215,125. The total deferred compensation for these officers at March 31, 2026 and December 31, 2025 was $1,104,625.