v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Cash Flows Used in Operating Activities        
Net loss $ (4,030,345) $ (144,966) $ (783,789) $ (1,848,619)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation 7,583 8,753    
Accretion of debt discount on Streeterville December 2025 Note 75,000    
Amortization of net debt discount on Streeterville March 2026 Note 90,804    
Interest expense 14,554    
Gain on extinguishment of debt (14,554)    
Share-based compensation under Maxim Letter Agreement 2,444,776    
Unrealized loss/(gain) on foreign currency transactions 136,005 (539,284) (526,576) 231,034
Loss on disposal of property and equipment 404    
Depreciation and amortization     17,508 17,851
Changes in operating assets and liabilities:        
Accounts receivable (27) (836)    
Inventory 1,242 28,064 70,561 3,703
Prepaid expenses and other current assets (180,860) 48,416 47,878 (44,201)
Accounts payable 473,509 (70,843) (56,299) (388,095)
Accrued expenses and other current liabilities 115,343 5,359 (9,082) (20,694)
Interest payable – related party 72,387 107,288 (87,692) 87,692
Deferred revenue (2,406) 1,244 3,223
Accounts receivable and other receivables     (250) (11)
Net Cash Used in Operating Activities (796,585) (556,805) (1,324,518) (1,961,340)
Cash Flows From Investing Activities        
Proceeds from the sale of property and equipment 685    
Purchase of property and equipment     (1,286)
Net Cash Provided by Investing Activities 685 (1,286)
Cash From Financing Activities        
Cash received from promissory notes from related party 336,408 536,000 1,007,000 1,890,000
Proceeds from issuance of Streeterville March 2026 Convertible Note 500,000    
Cash received from advances from related party 19,000 20,000 20,600 79,795
Cash paid for promissory notes from related party (128,568) (104,883)
Cash paid for advances from related party (46,250) (100,395)
Proceeds from issuance of warrants under Securities Purchase Agreement 1,250    
Proceeds from issuance of common stock under Securities Purchase Agreement 1,438    
Cash received from promissory notes     500,000
Net Cash Provided by Financing Activities 729,528 509,750 1,322,322 1,969,795
Effect of Foreign Exchange Rate on Changes on Cash (5,100) 18,341 17,376 (7,175)
Net Increase (Decrease) in Cash and Cash Equivalents (71,472) (28,714) 15,180 (6)
Cash and cash equivalents – beginning of the period 87,463 72,283 72,283 72,289
Cash and cash equivalents – end of the period 15,991 43,569 87,463 72,283
Supplemental disclosure of cash flow information:        
Interest – related party 71,433 326,572
Income taxes
Non-cash financing activities:        
Extinguishment of Streeterville December 2025 Note 500,000    
Fair value of Note Warrants issued in connection with March 2026 Convertible Note 585,402    
Constructive payment made to related party on behalf of the Company 19,000 20,000 20,600 79,795
Retirement of fixed assets for no consideration 38,798 $ 38,798
Exchange of common stock for preferred stock under the Exchange Agreement $ 2,500