v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows From Operating Activities:    
Net income (loss) $ 56,800,512 $ (96,088,444)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Change in fair value of derivative liability (59,289,098) 94,358,520
Amortization of debt discount 27,220 27,220
Gain on extinguishment of derivative liability 0 (11,898)
Changes in assets and liabilities:    
Accounts receivable 983,704 0
Costs in excess of billings 0 (480,219)
Contract liabilities (25,851) 0
Accounts payable and accrued expenses 1,113,651 2,128,962
Net Cash Used In Operating Activities (389,862) (65,859)
Cash Flows From Financing Activities:    
Repayments of advances from related parties (540) (540)
Common stock subscribed 0 135,000
Proceeds from sale of convertible notes 0 55,000
Preferred stock subscribed 20,000 0
Net Cash Provided by Financing Activities 19,460 189,460
Net increase (decrease) in cash (370,402) 123,601
Cash at beginning of period 403,667 16,142
Cash at End of Period 33,265 139,743
Supplemental disclosure of cash flow information    
Cash paid for interest expense 248,974 3,781
Cash paid for income taxes 0 0
Supplemental disclosure of non-cash investing and financing activities:    
Initial value of derivative liability 0 67,895
Note payable converted to common stock 0 10,000
Accrued interest converted to common stock 0 2,047
Derivative liability extinguished upon conversion of note payable $ 0 $ 20