v3.26.1
Related Party Transactions
3 Months Ended
Apr. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 4 – Related Party Transactions

 

Accrued Expenses

 

As of April 30, 2026 and January 31, 2026, the Company had a balance of accrued unpaid vacation days of $9,246 to Patricia Madaris, Interim CEO, VP Finance & CFO.

 

Subscription Receivable

 

On September 29, 2022, the Company granted 674,000 options to purchase shares of common stock to employees. The options expire ten years following issuance and have an exercise price of $0.15. The options vested upon issuance and have a total fair value of $104,226. On the same day, the Company issued note agreements to the employees totaling $101,100 and the employees exercised the 674,000 options. The notes bear interest of 3.15% per annum, are due on September 30, 2027, and were recorded as a subscription receivable. As of April 30, 2026 and January 31, 2026, the subscription receivable was $101,100.