v3.26.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 8,492 $ 1,474,445
Accounts receivable, net 2,686
Other receivables 93,491 93,198
Inventory, net 4,911 22,871
Prepaid expenses 149,346 90,460
Current assets of discontinued operations 60,333
Total current assets 383,469 3,392,778
Property and equipment, net 21,667
Security deposit 26,309 283,972
Right-of-use asset 10,989 76,971
Total assets 420,767 3,775,388
Current liabilities:    
Accounts payable 1,049,143 1,297,851
Accrued interest 81,895 96,453
Accrued severance 1,150,000 2,442,500
Accrued expenses 1,820,838 584,186
Current portion of operating lease liabilities 5,758 78,171
Convertible notes payable, net of $262,048 and $518,530 of debt discounts as of June 30, 2026 and December 31, 2025, respectively 841,814 1,341,420
Current liabilities of discontinued operations 346,861
Total current liabilities 5,600,588 6,187,442
Notes payable 150,000 150,000
Total liabilities 5,750,588 6,337,442
Commitments and contingencies
Stockholders’ deficit:    
Common Stock, $0.001 par value, 500,000,000 shares authorized, 20,099,893 and 814,933 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 20,100 815
Additional paid-in capital 104,101,109 100,519,348
Accumulated deficit (109,452,497) (103,083,717)
Total stockholders’ deficit (5,329,821) (2,562,054)
Total liabilities and stockholders’ deficit 420,767 3,775,388
Related party    
Current assets:    
Accounts receivable - related party 1,651,471
Other receivables, related party 124,543
Current liabilities:    
Advances – related party 452,390
Accrued compensation, related parties 198,750
Series AA Preferred Stock    
Stockholders’ deficit:    
Preferred stock value 1,090 1,500
Series AAA Preferred Stock    
Stockholders’ deficit:    
Preferred stock value $ 377