SUBSEQUENT EVENTS |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | 15. SUBSEQUENT EVENTS
Settlement of Convertible Debt
During April 2026, the Company settled a convertible promissory note of $17,825, which had a conversion price of $0.002, through cash repayments totaling $17,825.
Convertible Promissory Notes
During April to May 2026, we issued convertible promissory notes to unrelated third parties for a total of $220,800 with original issuance discount of $28,800. The Noteholders have the right to convert the notes into shares of Common Stock at fixed conversion price of $0.0008 per share. The notes are due one year from the execution and funding of the notes. In connection with the issuance of these notes, we paid 10% of the proceeds to a third party, which has been recorded as a debt discount. Both the original issuance discount and the issuance-related costs are being amortized over the term of each note. |