v3.26.1
SUMMARY OF SIGNIFICANT POLICIES (Tables)
6 Months Ended
Jun. 30, 2026
SUMMARY OF SIGNIFICANT POLICIES  
Schedule of inventory

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Finished goods

 

$26,547

 

 

$35,207

 

Raw material

 

 

9,499

 

 

 

9,499

 

 

 

$36,046

 

 

$44,706

 

Schedule of fair value measured on recurring Basis

 

 

Total Carrying Value as of June 30,

 

 

Quoted Market Prices in Active Markets

 

 

Significant Other Observable Inputs

 

 

Significant Unobservable Inputs

 

 

 

2026

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Equity Securities

 

$-

 

 

$-

 

 

$-

 

 

$-

 

Total

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$1,050,397

 

 

$-

 

 

$-

 

 

$1,050,397

 

 

 

Total Carrying Value

as of December 31,

 

 

Quoted Market Prices in Active Markets

 

 

Significant Other Observable Inputs

 

 

Significant Unobservable Inputs

 

 

 

2025

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Equity Securities

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$1,738,804

 

 

$-

 

 

$-

 

 

$1,738,804

 

Schedule of antidilutive securities excluded from computation of earnings per share

 

 

Three Months Ended

 

 

Six months ended

 

 

 

June 30,

 

 

 June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net Income (Loss)

 

$150,090

 

 

$(157,914)

 

$39,004

 

 

$(355,050)

Gain on change in fair value of derivatives

 

 

(446,730)

 

 

-

 

 

 

(621,614)

 

 

-

 

Interest on convertible debt

 

 

33,351

 

 

 

-

 

 

 

48,912

 

 

 

-

 

Net Loss - diluted

 

$(263,289)

 

$(157,914)

 

$(533,698)

 

$(355,050)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of common stock

 

 

14,192,536

 

 

 

9,533,375

 

 

 

13,106,785

 

 

 

8,998,067

 

Effect of dilutive shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Convertible notes

 

 

267,003,726

 

 

 

-

 

 

 

267,003,726

 

 

 

-

 

Diluted weighted-average of common stock

 

 

281,196,262

 

 

 

9,533,375

 

 

 

280,110,511

 

 

 

8,998,067

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income (Loss) Per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic:

 

$0.01

 

 

$(0.02)

 

$0.00

 

 

$(0.04)

Diluted:

 

$(0.00)

 

$(0.02)

 

$(0.00)

 

$(0.04)
Scedule of common stock equivalents were excluded from the computation of diluted net loss per share

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

 

 (Shares)

 

 

 (Shares)

 

Series A Preferred Stock

 

 

55,835

 

 

 

55,835

 

Series B Preferred Stock

 

 

96,670

 

 

 

96,670

 

Series C Preferred Stock

 

 

100,000,000

 

 

 

100,000,000

 

Series D Preferred Stock

 

 

36,238,633

 

 

 

7,486,215

 

Convertible notes

 

 

403,817,995

 

 

 

9,925,830

 

Total

 

 

540,209,133

 

 

 

117,564,550