Note 12 - Subsequent Events |
9 Months Ended |
|---|---|
Sep. 30, 2025 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] |
Note 12 Subsequent Events
On October 5, 2025, the conversion price with regard to the entire principal of the convertible note issued on July 29, was decreased to $1.00 per share starting on October 6, 2025 through the maturity date. The Company recognized an additional $845,000 loss on debt extinguishment in October 2025 for the effect of this change in the conversion price.
As more fully disclosed in Note 10, on October 22, 2025 the Company issued a convertible note in the original principal amount of $3,545,712 The Company received gross proceeds of $3,250,000, prior to the deduction of transaction-related expenses. |