Related Party Transactions |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE 9 - RELATED PARTY TRANSACTIONS
Accounts payable
At June 30, 2026 and December 31, 2025, the Company recorded accounts payable – related party of $ and $13,956, respectively.
During the period ended June 30, 2026 the Company issued 865,000 ordinary shares to management and the board of directors and recorded compensation expense of $692,000.
On March 28, 2026 the Company closed the sale of the ColoAlert assets to UTR, which included the ColoAlert intellectual property, customer located instrumentation, and certain consumables, and included the transfer of two equipment lease obligations. The purchase price for the assets was $348,966, which reduced the debt owed to UTR of $648,966. Upon settlement of accounts payable, accounts receivable, and lease obligations, the Company recognized a $114,000 loss, reported in other expenses within discontinued operations (Note 3). |