v3.26.3
SUBSEQUENT EVENTS
3 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 7 – SUBSEQUENT EVENTS

 

In accordance with ASC 855, Subsequent Events, the Company evaluated all events or transactions that occurred after the balance sheet date but before the financial statements were issued. To that extent, the Company noted the following:

 

Loan Forgiveness

 

Subsequent to the balance sheet date two loans (that were issued to former employees) were forgiven in the amount of $100,000 ($50,000 per loan). All interest that was accrued on the loans as of September 8, 2024 was not part of the forgiveness and still remains outstanding.