Going Concern |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Going Concern | Note 2 - Going Concern
The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. For the six months ended June 30, 2026, the Company incurred a net loss of $1,594,508 and used $362,850 of cash in operating activities. As of June 30, 2026, the Company had negative working capital of $7,553,968 and a stockholders’ deficit of $3,395,391. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of one year from the date these financial statements are issued.
Management is actively seeking investor funding and pursuing strategic alternatives, including a potential merger or combination with another operating company, to improve liquidity and financial position. On July 9, 2026, the Company issued shares of Class A common stock to KSY Capital Investments, Inc. at a purchase price of $ per share, for aggregate proceeds to the Company of $500,000, pursuant to a subscription agreement (see Note 7). However, there is no assurance that such funding will be obtained or that any transaction will be completed successfully. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.
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