v3.26.1
RELATED PARTY INVESTMENT
6 Months Ended
Jun. 30, 2026
RELATED PARTY INVESTMENT  
RELATED PARTY INVESTMENT

NOTE 6 – RELATED PARTY INVESTMENT

 

In January 2026, the Company advanced $125,000 to an entity that is controlled by the Company's Chief Executive Officer (the “SPAC Sponsor") that was organized in connection with the proposed organization and launch of The Related Entity has not yet been formally organized and intends to establish a special purpose acquisition company ("SPAC"). by affiliates of the Company. To date, the SPAC and SPAC Sponsor have engaged in only preliminary activities, and it is uncertain when, if ever, the SPAC will be launched. The advance was made without a formal written instrument and is carried at cost. As of June 30, 2026, the carrying value of the investment was $125,000 and no impairment has been recorded.