v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash $ 197,364
Accounts receivable, net 41,744 91,686
Prepaid expense and other current assets 1,150,000
Total current assets 41,744 1,439,050
Property and equipment, net 85,259 135,954
Advance payment for acquisition 2,726,188 2,726,188
Intellectual property, net of accumulated amortization 1,751,757 2,089,483
Deposits 1,792 1,792
Total Assets 4,606,740 6,392,467
Current Liabilities    
Bank overdraft 420
Accounts payable and accrued liabilities 5,858,053 5,504,072
Deferred revenue 1,266,793 1,362,867
Interest payable 2,950,985 2,592,472
Notes payable, net of unamortized discount 3,451,978 2,566,177
Convertible notes payable, net of unamortized discount 6,008,678 6,027,102
Finance lease liability 10,341 10,341
Total Current Liabilities 19,699,594 18,204,989
Notes payable, net of unamortized discount - non-current 531,773 1,553,452
Deferred revenues - non-current 506,279 948,862
Total Liabilities 20,737,646 20,707,303
Commitments and Contingencies
Stockholders’ Deficit    
Preferred stock: 443,443,443 authorized; $0.001 par value Series A Preferred Stock, 443,443,443 shares designated; $0.001 par value; 443,429,935 and 443,429,935 shares issued and outstanding, respectively 149 149
Series B Preferred Stock, 80,000 shares designated; $0.001 par value; Stated value $10.00, 0 and 0 shares issued and outstanding, net of discount, respectively
Common stock: 4,443,443,443 authorized; $0.001 par value; 1,313,420,344 and 729,044,931 shares issued and outstanding, respectively 1,374,741 790,366
Additional paid in capital 48,763,952 49,206,410
Accumulated deficit (66,269,748) (64,311,761)
Total Stockholders’ Deficit (16,130,906) (14,314,836)
Total Liabilities and Stockholders’ Deficit 4,606,740 6,392,467
Related Party [Member]    
Current Liabilities    
Due to a related party $ 152,346 $ 141,958