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v3.26.1

Condensed Consolidated Statements of Cash Flows | 3 Months Ended
--- | ---
Mar. 31, 2026 USD ($)
Adjustments to reconcile net loss to net cash used in operating activities |
Net loss | $ (1,123,714)
Depreciation | 518
Change in the fair value of warrant liabilities | (4,178)
Changes in operating assets and liabilities |
Prepaid and other current assets | (707,953)
Accounts payable and accrued expenses | (191,956)
Accrued interest, related parties | 18,637
Due to related parties | (14,999)
Net cash used in operating activities | (2,015,289)
Cash Flows from Financing Activities: |
Proceeds from issuance of common stock, net | 3,585,308
Net cash provided by financing activities | 3,585,308
Net change in cash | 1,570,019
Cash, beginning of the period | 337,655
Cash, end of the period | 1,907,674
Non-cash investing and financing activities: |
Issuance of common stock in connection with the Clear Street settlement | 7,360,000
Costs incurred in connection with the issuance of common stock | $ 139,500

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