Note 2 - Going Concern

The accompanying unaudited condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern in accordance with accounting principles generally accepted in the United States of America.

Management has evaluated the Company’s ability to continue as a going concern pursuant to the guidance in ASC 205-40, Presentation of Financial Statements—Going Concern. This evaluation considered the Company’s current financial position, operating results, cash flows, and continued operational support from related parties are sufficient to meet the Company’s obligations as they become due for at least the next twelve months following the date these financial statements are issued.

As of June 30, 2026, the Company had cash and cash equivalents of approximately $3.6 million, working capital of approximately $5.2 million, and stockholders’ equity of approximately $28.5 million. Although the Company reported a net loss of $322,177 for the six-month period ended June 30, 2026, management believes that existing cash resources, anticipated cash flows from operations, and continued operational support are sufficient to meet the Company’s obligations as they become due for at least the next twelve months.

Accordingly, management has concluded that substantial doubt about the Company’s ability to continue as a going concern does not exist as of the date these financial statements are issued.

Management will continue to monitor operating performance, liquidity, and capital requirements, and may pursue additional financing or other strategic opportunities when appropriate to support future growth. These financial statements do not include any adjustments that might result from the outcome of future uncertainties.