Stockholders’ Equity |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Equity [Abstract] | |
| Stockholders’ Equity | Note 7. Stockholders’ Equity
During the six months ended June 30, 2025, the Company issued an aggregate of shares of common stock to the designee of ClearThink for consulting services provided to the Company.
On January 14, 2025, the Company issued shares of common stock to each of Nubar Herian and John Keeler, shares of common stock to each of Timothy McLellan and Trond Ringstad, and shares of common stock to Jeffrey Guzy, for serving as directors of the Company.
On March 11, 2025, the Company issued shares of common stock in consideration of proceeds of $19,950 pursuant to a securities purchase agreement, dated May 16, 2023 with ClearThink.
On March 12, 2025, the Company issued shares of common stock to Diagonal as partial conversion of $15,000 principal pursuant to the convertible promissory note.
During the six months ended June 30, 2025, the Company issued an aggregate of shares of common stock to Quick Capital as partial conversion of $57,673 principal pursuant to the convertible promissory note.
During the six months ended June 30, 2025, the Company issued an aggregate of shares of common stock to Jefferson as partial conversion of $32,583 principal and accrued interest pursuant to the convertible promissory note.
On January 16, 2026, the Company issued an aggregate of shares of common stock, to the designee of ClearThink Capital for consulting services provided to the Company.
On January 27, 2026, the Company issued shares of Series A Preferred with par value $ per share. The Series A Preferred was issued for no cash or other consideration and solely to establish a voting control structure. Each share of Series A Preferred entitles the holder to 100 votes per share on all matters submitted to a vote of the stockholders.
On January 28, 2026, the Company amended its Certificate of Incorporation to increase its authorized shares of common stock from shares to shares. The amendment was approved by the Company’s Board of Directors and stockholders in accordance with applicable law and became effective upon filing with the Secretary of State of the State of Delaware.
During the six months ended June 30, 2026, the Company issued an aggregate of shares of common stock to Quick Capital as partial conversion of $29,242 principal pursuant to the convertible promissory note.
During the six months ended June 30, 2026, the Company issued shares of common stock to Diagonal as partial conversion of $6,860 principal pursuant to the convertible promissory note.
During the six months ended June 30, 2026, the Company issued an aggregate of shares of common stock to Labrys Fund as conversion of $8,627 interest pursuant to the convertible promissory note.
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