Related Party Transactions |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions [Text Block] |
5. Related Party Transactions Board of Directors Compensation The Company paid its Board of Directors a total of $84,000 during the nine months ended September 30, 2026, consisting of $21,000 related to amounts accrued as of December 31, 2025 and $63,000 for services provided during the nine months ended September 30, 2026. Deferred Compensation As of September 30, 2026, and December 31, 2025, the balances of the total deferred compensation for the officers, are as follows, Eric Jones, President and Chief Executive Officer: $469,500; Jim Collord, Technical Advisor: $420,000; Larry Thackery, former Chief Financial Officer: $215,125. The total deferred compensation for these officers at September 30, 2026 and December 31, 2025 was $1,104,625. On July 8, 2026, the Board of Directors approved a proposed settlement of approximately $1.1 million of outstanding compensation obligations through the issuance of up to 1,578,036 shares of common stock at a deemed price of $0.70 per share. As of September 30, 2026, the settlement had not been completed and no shares had been issued under the arrangement. Accordingly, the obligations remain included in deferred compensation on the accompanying condensed consolidated balance sheet. |