v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Stockholders’ equity
                         
   Par Value
Per Share
   Stated Value
Per Share
   Shares
Authorized
   Liquidation
Preference
   Shares Issued and
Outstanding at
March 31, 2026
 
Series A Convertible Preferred Stock  $0.001   $25    1,000,000   $176,000    7,040 
Series B Convertible Preferred Stock  $0.001   $1,000    60,000    3,000,000    3,000 
Series C Convertible Preferred Stock  $0.001   $1,000    75,000    50,000,000    50,000 
Series D Cumulative Redeemable Perpetual Preferred Stock  $0.001   $25    2,000,000    14,703,000    588,111 
Series E Cumulative Redeemable Perpetual Preferred Stock  $0.001   $25    2,500,000    16,250,000    649,998 
Series F Exchangeable Preferred Stock  $0.001   $1,000    1,000,000    999,000    998,577 
Series G Convertible Preferred Stock  $0.001   $1,000    25,000    960,000    960 
Series H Convertible Preferred Stock  $0.001   $1,000    100,000    4,000,000    4,000 
Unallocated             18,240,000    -    - 
Total             25,000,000   $90,088,000    2,301,686 

 

Preferred stock as of December 31, 2025 consisted of the following:

 

   Par Value
Per Share
   Stated Value
Per Share
   Shares
Authorized
   Liquidation
Preference
   Shares Issued and
Outstanding at
December 31, 2025
 
Series A Convertible Preferred Stock  $0.001   $25    1,000,000   $176,000    7,040 
Series B Convertible Preferred Stock  $0.001   $1,000    60,000    3,000,000    3,000 
Series C Convertible Preferred Stock  $0.001   $1,000    75,000    50,000,000    50,000 
Series D Cumulative Redeemable Perpetual Preferred Stock  $0.001   $25    2,000,000    14,640,000    585,613 
Series E Cumulative Redeemable Perpetual Preferred Stock  $0.001   $25    2,500,000    16,250,000    649,998 
Series F Exchangeable Preferred Stock  $0.001   $1,000    1,000,000    999,000    998,577 
Series G Convertible Preferred Stock  $0.001   $1,000    25,000    960,000    960 
Series H Convertible Preferred Stock  $0.001   $1,000    100,000    4,000,000    4,000 
Unallocated             18,240,000    -    - 
Total             25,000,000   $90,025,000    2,299,188