v3.26.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,318,848 $ 1,474,445
Accounts receivable, net 2,687
Other receivables 93,491 93,198
Inventory, net 4,911 22,871
Prepaid expenses 30,357 90,460
Current assets of discontinued operations 60,333
Total current assets 2,956,059 3,392,778
Property and equipment, net 19,167 21,667
Security deposit 26,309 283,972
Right-of-use asset 44,350 76,971
Total assets 3,045,885 3,775,388
Current liabilities:    
Accounts payable 1,025,293 1,297,851
Accrued interest 38,393 96,453
Accrued severance 1,150,000 2,442,500
Accrued expenses 1,307,662 584,186
Current portion of operating lease liabilities 43,772 78,171
Current liabilities related to discontinued operations 346,861
Total current liabilities 4,346,679 6,187,442
Notes payable 150,000 150,000
Total liabilities 4,496,679 6,337,442
Commitments and contingencies
Stockholders’ deficit:    
Common stock, $0.001 par value, 500,000,000 shares authorized, 888,591 and 814,833 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 20,120 815
Additional paid-in capital 104,101,089 100,519,348
Accumulated deficit (105,573,470) (103,083,717)
Total stockholders’ deficit (1,450,794) (2,562,054)
Total liabilities and stockholders’ deficit 3,045,885 3,775,388
Related Party    
Current assets:    
Accounts receivable - related party, net 505,764 1,651,471
Current liabilities:    
Current maturities of convertible notes payable 781,559 1,341,420
Series AA Preferred Stock    
Stockholders’ deficit:    
Preferred stock, value 1,090 1,500
Series AAA Preferred Stock    
Stockholders’ deficit:    
Preferred stock, value $ 377