v3.26.3
Stockholders’ Deficit
 6 Months Ended
Jun. 30, 2026
Stockholders’ Deficit [Abstract]  
Stockholders’ Deficit

Note 10 – Stockholders’ Deficit

 

Preferred Stock

 

The Company has authorized the issuance of 10,000,000 shares of $0.0001 par value preferred stock. At June 30, 2026 and December 31, 2025, there were nil shares issued and outstanding.

 

Common Stock

 

On January 12, 2026, the Company filed a Certificate of Amendment with the Secretary of State of the State of Delaware to the Company’s Certificate of Incorporation (the “Certificate of Amendment”) to increase the number of authorized shares of the Company’s common stock from 100,000,000 to 300,000,000. As of June 30, 2026, the Company had authorized the issuance of 300,000,000 shares of $0.0001 par value common stock. At June 30, 2026 and December 31, 2025, there were 132,067,620 and 54,440,074 shares issued and outstanding, respectively.

 

Warrants

 

At June 30, 2026, the Company had the following warrants outstanding:

 

    Outstanding     Ex Price     Exercisable     Ex Price  
2021 Consultant Warrants     1,000,000     $ 1.00       1,000,000     $ 1.00  
IPO Warrants     172,500     $ 6.60       172,500     $ 6.60  
PIPE Warrants     1,886,793     $ 2.90       1,886,793     $ 2.90  
Placement Agent Warrants     339,623     $ 2.92       339,623     $ 2.92  
2023 Consultant Warrants     170,000     $ 3.00       170,000     $ 3.00  
2025 Warrants     500,000     $ 0.26       500,000     $ 0.26  
Total Warrants     4,068,916               4,068,916