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NOTE 3 - INITIAL PUBLIC OFFERING | 12 Months Ended
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Dec. 31, 2025
INITIAL PUBLIC OFFERING |
INITIAL PUBLIC OFFERING | NOTE 3 – INITIAL PUBLIC OFFERING On October 24, 2024, the Company consummated its Initial Public Offering ("IPO") of 1,250,000 shares of common stock on the NYSE American Exchange, at a price of $8.00 per share, for aggregate gross proceeds of $10.0 million, before deducting underwriting discount and offering expenses of approximately $1.9 million. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 187,500 shares of common stock to cover over-allotments at the initial public offering price, less the underwriting discount. Concurrently with the closing of IPO, the Company also issued warrants to purchase up to 62,500 shares of common stock to the representative of the several underwriters and its designees, at an exercise price of $10.00 per share, exercisable beginning on April 20, 2025 and expire on October 22, 2029.

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