Related Party Transactions |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | Note 9 – Related Party Transactions
During the three and six months ended June 30, 2026, the Company paid payments of approximately $87,000 and $142,000, respectively, for product development and maintenance services provided by a third-party firm owned by the Company’s Director of Engineering. The Director of Engineering entered into an employment agreement with the Company in November 2025. The services provided by the related-party firm were rendered under terms the Company believes to be no less favorable than those that could have been obtained from an unrelated third party.
During the three and six months ended June 30, 2026, the Company incurred a total of approximately $57,000 and $103,000 expense, respectively, to certain stockholders for consulting services provided to the Company, which included payments to the Chief Executive Officer, Chief Operating Officer, a Financial Consultant, and a board member. During the three and six months ended June 30, 2026, the Company incurred a total of $7,500 and $15,000 for the quarterly board stipend payable to the Board of Directors for services provided.
During the three and six months ended June 30, 2026, the Company made payments of approximately $72,000 and $227,000 to certain stockholders for consulting services provided to the Company, which included payments to the Chief Executive Officer, Chief Operating Officer and a board member. In addition, during the three and six months ended June 30, 2025, the Company issued 1,500,000 and 16,125,000 shares of common stock valued at approximately $81,000 and $184,000, respectively, to various consultants for services provided. During the three and six months ended June 30, 2025, the Company incurred a total of and $13,000 for the quarterly board stipend payable to the Board of Directors for services provided. During the six months ended June 30, 2025, the Company issued 1,600,000 shares of common stock valued at approximately $13,000 for payment of the board stipend. |