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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

 

17. SUBSEQUENT EVENTS

 

The Company has evaluated its operations subsequent to June 30, 2026 to the date these consolidated financial statements were available to be issued and determined the following subsequent events and transactions required disclosure in these consolidated financial statements.

 

Additional Stock Issuances

 

On July 1, 2026, the Company issued an aggregate of 7,831 shares of common stock in payment of accrued interest on convertible promissory notes outstanding as of June 30, 2026.

 

Also on July 1, 2026, the Company issued an aggregate of 40,645 shares of common stock in payment of services rendered to two consulting service providers.

 

On July 13, 2026, the Company issued 166,667 shares of common stock for the Commitment Shares required under the Purchase Agreement. Additionally, on July 13, 2026, the Company completed a purchase under the Purchase Agreement and issued 20,619 shares of common stock for proceeds of $30,000.

 

On July 28, 2026, the holder of a convertible promissory note elected to convert the outstanding principal, accrued interest and fees totaling $42,205 into 113,302 shares of the Company’s common stock at a conversion price of $0.3725 per share.