Note 2 — Going Concern

The consolidated financial statements have been prepared assuming the Company will continue as a going concern. The Company used $241,510 of cash in operating activities during the six months ended June 30, 2026, and had $117,465 in cash as of June 30, 2026. The Company incurred a net loss of $236,841 for the three months ended June 30, 2026 and a net loss of $59,038 for the six months ended June 30, 2026, and a loss from operations of $988,644 for the six months ended June 30, 2026. Additionally, at June 30, 2026, the Company had an accumulated deficit of $37,710,684 and a working capital deficit of $2,773,414.

The Company’s results for the six months ended June 30, 2026 include significant non-cash items, comprising a net gain of $982,505 on remeasurement of the derivative liability and $661,963 of stock-based compensation expense. The reported net loss of $59,038 for the six months is therefore substantially smaller than the loss from operations of $988,644 and is not indicative of the Company’s operating performance or its cash requirements. In addition, the Company’s two promissory notes payable to The Farkas Group, Inc., a related party, in the aggregate principal amount of $500,000, reached their stated maturities on May 3, 2026 and May 11, 2026 and were not repaid at maturity, as such they are in default. The principal, together with accrued interest, remains outstanding as of June 30, 2026, and the lender retains the contractual right to demand payment. See Note 6.

There is substantial doubt about the Company’s ability to continue as a going concern for a period of twelve months from the date these financial statements were available to be issued. Without additional sources of debt or equity capital, the Company would potentially need to cease operations. Management plans to seek to raise additional capital within the next twelve months which, if obtained, management believes would support the Company’s operations for the next year. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, it may contain restrictions on our operations, in the case of debt financing, or cause substantial dilution for our stockholders, in the case of equity financing. In addition, the Company expects to begin a marketing campaign to market and sell its services. There can be no assurance that such a plan will be successful.

The accompanying condensed consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.