v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (28,870,378) $ (34,619,413)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,250 80
Amortization of debt discount 36,708
Salaries conversion to common stock 536,251
Gain (Loss) on debt settlement 29,926,400
Loss from conversion of Preferred C to Preferred D 27,812,576
Stock compensation expense by issuance of Preferred C 1,537,500
Issuances of common stock to board of directors for services - conversion from accrued compensation 972,500
Issuances of common stock to board of directors for services 220,000
Consulting services - issuance of common stock 403,518
Restricted stock grants 430,166
Stock option expense 365,641
Stock compensation for consulting services - common stock issuable 402,902
Stock issued for borrowings 177,750
Lease accretion 2,960
Changes in assets and liabilities:    
Accounts receivables, net 24,984
Inventories (2,208) (67,061)
Prepaid expenses 6,228 (53,366)
Other assets (167,283) 223
Accounts payable and accrued expenses 118,507 (576,341)
Royalty payable 9,179
Refunds and chargeback payable (2,144) (47,646)
Net cash used in operating activities (660,882) (759,635)
Cash flows from investing activities:    
Purchases of property and equipment (89,053)
Loan provided under loan receivable (400,000)
Net cash provided by investing activities (489,053)
Cash flows from financing activities:    
Proceeds from convertible debt (34,275)
Proceeds from borrowings from stockholder 257,500 500,000
Proceeds from borrowings from related parties 900,000 279,001
Proceeds from borrowings from loans payable 203,385 (33,424)
Net cash provided by financing activities 1,326,610 745,577
Net increase(decrease) in cash 176,675 (14,058)
Cash – beginning of period 7,169 53,549
Cash – end of period 183,844 39,491
Supplemental disclosures of cash flow information    
Interest
Income taxes
Non-cash investing and financing activities:    
Conversion of accrued salaries to common stock 536,251
Conversion of loans payable and accrued interest to stockholder to Preferred C Shares 5,492,780
Conversion of loans payable and accrued interest to related parties to Preferred C Shares 1,085,468
Conversion of loans payable and accrued interest to stockholder to Preferred D Shares 3,625,000
Net assets acquired from common control acquisition $ 281,063