NOTE 4 - PREPAID EXPENSES

Prepaid expenses consist of the following at:

Prepaid stock-based compensation consisted of stock issuances for consulting agreements that are being amortized over the life (six or twelve months) of the agreements. The prepaid stock-based compensation is comprised of the following at June 30, 2026 and December 31, 2025:

During the six months ended June 30, 2026 and 2025, the Company also issued 800,000 and 800,000 shares of common stock, respectively, pursuant to consulting agreements with related parties that vest immediately or periodically throughout the year. These shares were valued at the market price on the day of issuance for a total value of $165,700 and $195,800 for the six months ended June 30, 2026 and 2025, respectively. During the six months ended June 30, 2026 and 2025, the Company reported $2,666,209 and $1,605,724 in stock-based compensation as consulting expense.