v3.26.1
Fair Value of Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Valuation of Financial Instruments at Fair Value on a Recurring Basis

The following schedule summarizes the valuation of financial instruments at fair value on a recurring basis in the balance sheets as of March 31, 2026 and December 31, 2025:

 

   Level 1   Level 2   Level 3 
   Fair Value Measurements at March 31, 2026 
   Level 1   Level 2   Level 3 
Assets            
Cash  $917,661   $-   $- 
Right-of-use-asset   -    -    1,337,927 
Total assets   917,661    -    1,337,927 
Liabilities               
Convertible note payable, related party net of $25,103 of discounts   -    -    2,874,897 
Notes payable   -    1,534,500    - 
Note payable, related party   -    1,500,000    - 
Lease liabilities   -    -    1,707,080 
Total liabilities   -    3,034,500    4,581,977 
Total assets and liabilities  $917,661   $(3,034,500)  $(3,244,050)

 

 

   Level 1   Level 2   Level 3 
   Fair Value Measurements at December 31, 2025 
   Level 1   Level 2   Level 3 
Assets            
Cash  $616,278   $-   $- 
Right-of-use-asset   -    -    1,385,892 
Notes receivable   -    -    - 
Total assets   616,278    -    1,385,892 
Liabilities               
Convertible note payable, related party net of $39,309 of discounts   -    -    3,360,691 
Notes payable   -    1,534,500    - 
Note payable, related party   -    -    - 
Lease liabilities   -    -    1,704,664 
Total liabilities   -    1,534,500    5,065,355 
Total assets and liabilities  $616,278   $(1,534,500)  $(3,679,463)