v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,077,582) $ (1,088,998)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 3,410 262,073
Stock based compensation – related party 33,875
Common stock issued for services – related party 130,120
Gain on settlement of accounts payable and debt (192,406)
Operating lease expense, net of repayment 423
Changes in assets and liabilities:    
Accounts receivable 1,291 (27,067)
Prepaid expenses and other current assets (95,220) (66,958)
Other long-term assets 8,771
Accounts payable (109,708) 315,297
Accrued interest – related party 225,319
Accrued expenses 1,888 181,423
Net cash used in operating activities (1,338,207) (155,842)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash overdraft 28,671
Common stock sold for cash 1,097,000 187,913
Advances from related party 2,500 18,881
Repayments to related party (45,000) (38,881)
Proceeds from the sale of prefunded warrants 2,619,713
Returned cash settlement 9,940
Repayments on note payable (34,000) (38,838)
Net cash provided by financing activities 3,650,153 157,746
Net change in cash 2,311,946 1,904
Cash – beginning of period 15,777 27,436
Cash – end of period 2,327,723 29,340
Cash paid for:    
Interest
Income taxes
Non-cash investing and financing transactions:    
Preferred stock dividends 30,630
Common stock issued for prepaid services 278,250
Common stock issued for settlement of accounts payable and debt $ 437,325