v3.26.1
SEGMENT INFORMATION
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Segment Reporting [Abstract]    
SEGMENT INFORMATION

NOTE 12 – SEGMENT INFORMATION

 

The Company operates as one operating segment. The Company’s chief operating decision maker (“CODM”) is its chief executive officers, who reviews financial information presented on a consolidated basis. The CODM uses consolidated operating margin and net income (loss) to assess financial performance and allocate resources. These financial metrics are used by the CODM to make key operating decisions, such as the allocation of budget between cost of revenues, sales and marketing, professional fees, and general and administrative expenses.

 

The following table presents selected financial information with respect to the Company’s single operating segment for the three months ended March 31, 2026 and 2025:

 

         
   For the Three Months Ended 
   March 31, 2026   March 31, 2025 
Royalty income  $-   $- 
Cost of income   -    - 
Gross profit   -    - 
           
Operating expenses          
General and administrative expenses   997,005    1,067,070 
Professional fees   2,810,141    292,131 
Total operating expenses   3,807,146    1,359,201 
Operating loss   (3,807,146)   (1,359,201)
Operating margin   -100%   -100%
           
Other income (expenses)          
Patent infringement income   325,000    - 
Interest income   -    6 
Change in fair value of earnout shares liability   -    1,039,282 
Change in fair value of warrants liability   208,929    234,195 

Shareholder settlement expense

   

(150,000

)   

-

 
Loss on settlement of debt   (6,929)   - 
Interest expense   (590,685)   (222,363)
Total other income (expense)   (213,685)   1,051,120 
Loss before income tax expense   (4,020,831)   (308,081)
Income tax expense   -    - 
Net loss  $(4,020,831)  $(308,081)

 

The Company had $127,847 and $8,050 in long-lived tangible assets as of March 31, 2026 and December 31, 2025, respectively.

 

NOTE 12 – SEGMENT INFORMATION

 

The Company operates as one operating segment. The Company’s chief operating decision maker (“CODM”) is its chief executive officers, who review financial information presented on a consolidated basis. The CODM uses consolidated operating margin and net income (loss) to assess financial performance and allocate resources. These financial metrics are used by the CODM to make key operating decisions, such as the allocation of budget between cost of revenues, sales and marketing, professional fees, and general and administrative expenses.

 

The following table presents selected financial information with respect to the Company’s single operating segment for the years ended December 31, 2025 and 2024:

 

   December 31, 2025   December 31, 2024 
   For the Years Ended 
   December 31, 2025   December 31, 2024 
Revenue  $7,138   $- 
           
Operating expenses          
General and administrative expenses   3,159,313    396,434 
Professional fees   2,092,013    438,461 
Total operating expenses   5,251,326    834,895 
Operating loss   (5,244,188)   (834,895)
Operating margin   -100%   -100%
           
Other income (expenses)          
Patent infringement income   108,096    - 
Interest income   36    13 
Change in fair value of earnout shares liability   1,053,084    18,731,514 
Change in fair value of warrants liability   803,680    (397,553)
Loss on settlement of debt   (760,302)   - 
Forbearance fee expense   -    (13,226,926)
Interest expense   (3,981,641)   (168,886)
Total other income (expense)   (2,777,047)   4,938,162 
Income (loss) before income tax expense   (8,021,235)   4,103,267 
Income tax expense   -    (200)
Net income (loss)  $(8,021,235)  $4,103,067 

 

The Company’s had $8,050 and $0 in long-lived tangible assets for the years ended December 31, 2025 and 2024, respectively.