Going Concern |
3 Months Ended | 12 Months Ended |
|---|---|---|
Mar. 31, 2026 |
Dec. 31, 2025 |
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Going Concern | Note 2 - Going Concern
The accompanying consolidated financial statements have been prepared on a going concern basis. The Company had a net loss of $4,227,409 during the three months ended March 31, 2026, has accumulated losses totaling $35,184,530, and has a working capital deficit of $12,061,834 as of March 31, 2026. The consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties.
Until the Company can generate significant cash from operations, its ability to continue as a going concern is dependent upon obtaining additional financing. The Company hopes to raise additional financing, potentially through the sale of debt or equity instruments, or a combination, to fund its operations for the next 12 months and allow the Company to continue the development of its business plans and satisfy its obligations on a timely basis. Should additional financing not be available, the Company will have to negotiate with its lenders to extend the repayment dates of its indebtedness. There can be no assurance that the Company will be able to successfully restructure its debt obligations in the event it fails to obtain additional financing. These conditions have raised substantial doubt as to the Company’s ability to continue as a going concern for one year from the issuance of the financial statements, which has not been alleviated.
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Note 2 - Going Concern
The accompanying consolidated financial statements have been prepared on a going concern basis. The Company had a net loss of $6,410,564 during the year ended December 31, 2025, has accumulated losses totaling $30,957,121, and has a working capital deficit of $10,502,348 as of December 31, 2025. The consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties.
Until the Company can generate significant cash from operations, its ability to continue as a going concern is dependent upon obtaining additional financing. The Company hopes to raise additional financing, potentially through the sale of debt or equity instruments, or a combination, to fund its operations for the next 12 months and allow the Company to continue the development of its business plans and satisfy its obligations on a timely basis. Should additional financing not be available, the Company will have to negotiate with its lenders to extend the repayment dates of its indebtedness. There can be no assurance that the Company will be able to successfully restructure its debt obligations in the event it fails to obtain additional financing. These conditions have raised substantial doubt as to the Company’s ability to continue as a going concern for one year from the issuance of the financial statements, which has not been alleviated.
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