Issuance of Equus Securities (Tables)

6 Months Ended

Jun. 30, 2025

Issuance of Equus Securities

Schedule of net carrying amount of the liability and equity

		June 30, 2025
Liability component:
Principal		$	2,000,000
Debt discount (equity component)			(437,500	)
Net carrying amount		$	1,562,500

Schedule of Stock Purchase Warrants

Stock price		$	1.24
Exercise price		$	1.50
Expected volatility			38.0% - 41.0	%
Expected term (years)			5.00
Risk free rate			4.34% - 4.35	%
Dividend yield			0.0	%