v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Cash flows from operating activities:              
Net loss from continuing operations $ (8,393,681)   $ (2,205,998)   $ (10,877,394) $ (3,763,169)  
Net income from discontinued operations      
Net loss (8,393,681) $ (2,483,713) (2,205,998) $ (1,557,171) (10,877,394) (3,763,169)  
Adjustments to reconcile net loss to net cash used in operating activities              
Non-cash interest expense         1,666,671 39,841  
Amortization and depreciation         90,702 105,843  
Loss on fair value change of derivatives 6,199,555   629,262   6,229,828 517,503  
Loss from write-off security deposit         13,408  
Non-cash interest income         (7,979)  
Stock compensation expense         79,455 40,000  
Changes in operating assets and liabilities:              
Accounts receivable         6,517 45,090  
Inventory         2,480 (139,813)  
Prepaid expenses         (294) 22,768  
Accounts payable and accrued expenses         1,680,785 1,719,436  
Related party liabilities         225,000 283,000  
Deferred revenue         9,406 12,720  
Operating lease liabilities         (68,636) (79,469)  
Customer deposits         9,713  
Net cash used in continuing operations         (950,051) (1,186,537)  
Net cash used in discontinued operations          
Net cash used in operating activities         (950,051) (1,186,537)  
Cash flows from investing activities:              
Purchase of office and computer equipment         (3,490)  
Loans to a related party in exchange for promissory notes         (175,000)  
Net cash used in investing activities         (175,000) (3,490)  
Cash flows from financing activities:              
Proceeds from sale of common stock, net of costs         47,069 295,965  
Proceeds from issuances of convertible notes payable, net         582,000 191,000  
Proceeds from issuances of notes payable, net         290,000  
Net cash provided by financing activities         919,069 486,965  
Net decrease in cash         (205,982) (703,062)  
Cash, Beginning of period   $ 266,431   $ 797,139 266,431 797,139 $ 797,139
Cash, End of period $ 60,449   $ 94,077   60,449 94,077 $ 266,431
Supplemental disclosure of cash flow information:              
Cash paid for interest          
Cash paid for income taxes          
Schedule of non-cash Investing or Financing Activity:              
Common stock issued for accrued interest         63,665  
Debt discount related to derivative liability         643,111  
Reclass of derivative liability to equity         1,513,786  
Unamortized stock compensation         $ 130,545