v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES:    
Net loss $ (589,639) $ (287,997)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt discount 47,871 61,432
Depreciation expense 309
Change in fair value of derivative liability (300) 3,611
Non-cash expense associated with warrant 9,824
Change in assets and liabilities:    
Accounts payable (24,927) (10,000)
Accrued expenses 367,183 131,279
Net cash used in operating activities (189,679) (101,675)
INVESTING ACTIVITIES:    
Election hardware (12,153)
Internal use software (212,990)
Net cash used in investing activities (225,143)
FINANCING ACTIVITIES:    
Proceeds from convertible promissory notes payable 1,155,000 139,500
Proceeds from promissory notes payable 57,000 217,500
Repayment of convertible promissory notes payable (267,250) (137,061)
Repayment of promissory notes payable (125,740) (109,420)
Net cash provided by financing activities 819,010 110,519
NET INCREASE IN CASH AND CASH EQUIVALENTS 404,188 8,844
CASH AND CASH EQUIVALENTS, BEGINNING BALANCE 13,415 21,592
CASH AND CASH EQUIVALENTS, ENDING BALANCE 417,603 30,436
CASH PAID FOR:    
Interest
Income taxes
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Allocated value of warrants 9,824
Debt converted to common stock 76,799
Original issuance discount $ 47,500 $ 22,722