v3.26.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating expenses:        
General and administrative expenses $ 34,935 $ 63,964 $ 39,888 $ 158,537
Total operating expenses 34,935 63,964 39,888 158,537
Loss from operations (34,935) (63,964) (39,888) (158,537)
Other (income) expenses:        
Gain on disposal of equity method investment (1,171,760) (1,171,760)
Relief of indebtedness income (1,697,024) (1,697,024)
Interest expense 50,860 51,319 100,928 163,962
Total other (income) expenses 50,860 (2,817,465) 100,928 (2,704,822)
Income (loss) before income taxes (85,795) 2,753,501 (140,816) 2,546,285
Provision for income tax
Income (loss) before equity in net income (loss) of equity method investees (85,795) 2,753,501 (140,816) 2,546,285
Equity in net income (loss) of equity method investees 340 340
Net income (loss) $ (85,795) $ 2,753,841 $ (140,816) $ 2,546,625
Basic and diluted net income (loss) per share:        
Net income (loss) per share - basic $ (0.00) $ 0.06 $ (0.00) $ 0.05
Weighted average number of shares outstanding - basic 49,332,455 46,881,475 48,371,021 46,881,475
Net income (loss) per share - diluted $ (0.00) $ 0.06 $ (0.00) $ 0.05
Weighted average number of shares outstanding - diluted 49,332,455 47,765,983 48,371,021 47,762,983