PREPAID EXPENSES |
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| PREPAID EXPENSES | NOTE 4 - PREPAID EXPENSES
Prepaid expenses consist of the following at:
Prepaid stock-based compensation consisted of stock issuances for consulting agreements that are being amortized over the life (six or twelve months) of the agreements. The prepaid stock-based compensation is comprised of the following at December 31, 2025 and 2024:
During the years ended December 31, 2025 and 2024, the Company also issued 0 and 1,150,000 shares of common stock, respectively, pursuant to consulting agreements that vest immediately or periodically throughout the year. These shares were valued at the market price on the day of issuance for a total value of $0 and $311,970 for the years ended December 31, 2025 and 2024, respectively. During the years ended December 31, 2025 and 2024, the Company also issued 1,600,000 and 4,000,000 shares of common stock, respectively, pursuant to consulting agreements with related parties that vest immediately or periodically throughout the year. These shares were valued at the market price on the day of issuance for a total value of $217,200 and $1,334,500 for the years ended December 31, 2025 and 2024, respectively. During the years ended December 31, 2025 and 2024, the Company reported $1,845,251 and $3,412,536 in stock-based compensation as consulting expense. |
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