v3.26.3
COMMITMENTS AND CONTINGENCIES
9 Months Ended
Sep. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

5. COMMITMENTS AND CONTINGENCIES

 

Leases

 

The Company, before special distribution, leased office space in Maryland. Rent expense was $0 and $8,828 for the three months ended September 30, 2026 and 2025, respectively. Rent expense was $0 and $42,335 for the nine months ended September 30, 2026 and 2025, respectively. Total cash paid for operating leases was $0 and $39,662 for the nine months ended September 30, 2026 and 2025, respectively.

 

The lease was maintained by the Company’s subsidiary that was distributed to shareholders as part of the special distribution in August 2025. Following the distribution, the Company no longer has any active lease agreements.