v3.26.1
Related Party Transactions
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions

7. Related Party Transactions

 

Directors’ fees incurred during the three months ended June 30, 2026 and 2025, were $77,500 and $77,500, respectively. Directors’ fees incurred during the six months ended June 30, 2026 and 2025, were $155,000 and $155,000, respectively. Accrued directors’ fees as of June 30, 2026 and December 31, 2025 were $0 and $387,500, respectively. See Note 9 for details of the conversion of accrued directors’ fees into Series D-1 Convertible Preferred Stock.

 

See Note 5 for details of other related party transactions.