v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 10,000 $ 3,000
Accounts receivable 5,000
Inventory 62,000 63,000
Current portion of notes receivable 197,000 198,000
Prepaid expenses and other current assets 51,000 142,000
Total current assets 320,000 411,000
Other intangible assets, net 16,425,000 16,994,000
Total assets 16,745,000 17,405,000
Current liabilities:    
Accounts payable 467,000 347,000
Accrued expenses 248,000 194,000
Due to related party 1,330,000 621,000
Total current liabilities 2,045,000 1,162,000
Deferred tax liability, net 688,000 688,000
Total liabilities 2,733,000 1,850,000
Commitments and contingencies (Note 9)
Stockholders’ equity    
Preferred stock, $0.001 par value; 100,000,000 shares authorized, zero shares issued and outstanding (zero on December 31, 2025)
Common stock, $0.001 par value; 4,000,000,000 shares authorized, 107,821,231 shares issued and outstanding (104,621,231 on December 31, 2025) 108,000 105,000
Additional paid-in capital 63,150,000 61,713,000
Accumulated deficit (52,492,000) (49,507,000)
Total stockholders’ equity of the Company 10,766,000 12,311,000
Non-controlling interest in subsidiaries 3,246,000 3,244,000
Total stockholders’ equity 14,012,000 15,555,000
Total liabilities and stockholders’ equity $ 16,745,000 $ 17,405,000