v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ (3,078,731) $ (63,886)
Adjustments to reconcile net income (loss) to net cash used by operating activities    
Gain on settlement of debt (222) (174,935)
Stock-based compensation on RSA's vested 8,140 6,290
Common stock issued for services rendered 3,500 0
Amortization of debt discount 440,304 0
Unrealized loss on crypto assets 61,977 0
Loss on derivatives 1,765,482 0
Derivative recorded as debt financing cost 445,619 0
Changes in operating assets and liabilities    
Prepaid expenses (1,875) (4,986)
Accounts payable (33,203) (23,108)
Accrued legal fees 0 9,375
Accrued payroll and payroll taxes 84,400 92,072
Accrued liabilities (3,460) (436)
Accrued liabilities related party 24,000 24,000
Accrued interest payable 82,775 20,135
Accrued interest payable related party 151 960
Net cash used in operating activities (201,143) (114,519)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of crypto assets (25,080) 0
Purchase of investments (38,756) 0
Net cash used in investing activities (63,836) 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of convertible notes payable - short term 1,000,000 105,000
Proceeds from issuance of convertible notes payable - long term 10,000 0
Proceeds from issuance of convertible notes payable - related party 0 25,000
Proceeds from related party loans and advances 0 13,084
Purchase of treasury stock (4,789) 0
Repayment of notes payable (18,400) 0
Repayment of related party loans and advances (57,558) (16,020)
Net cash provided by financing activities 929,253 127,064
NET CHANGE IN CASH 664,274 12,545
CASH AT BEGINNING OF PERIOD 14,188 413
CASH AT END OF PERIOD 678,462 12,958
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 8,214 0
Income taxes 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Accounts payable exchanged for convertible note payable 0 8,270
Accrued legal fees exchanged for convertible note payable 0 250,000
Accrued liabilities exchanged for convertible note payable 0 26,000
Note payable exchanged for convertible note payable 0 17,167
Accrued interest exchanged for convertible note payable 0 2,663
Repayment of related party short-term advances with credit card 0 568
Cryptocurrency consideration for convertible note 467,148 0
Debt discount recorded for derivative liability $ 2,000,000 $ 0