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Stockholders’ Equity
 9 Months Ended
Sep. 30, 2025
Stockholders’ Equity [Abstract]  
STOCKHOLDERS’ EQUITY

NOTE 11 – STOCKHOLDERS’ EQUITY

 

During the three months ended March 31, 2025, the Company sold 90,762 shares of common stock from its ATM Offering, for total proceeds of $187,913. 

 

During the three months ended March 31, 2025, there was a decrease to additional paid in capital for Series A preferred stock dividend expense of $30,630.

  

During the three months ended June 30, 2025, the Company sold 517,969 shares of common stock from its ATM Offering, for total net proceeds of $699,873. 

 

During the nine months ended September 30, 2025, there was an increase to additional paid in capital for stock option expense of $101,625.

 

During the nine months ended September 30, 2025, the Company issued 400,000 shares of common stock for payment of various accounts payable and the VFS loan (Note 7) totaling $696,000. The shares were valued at $1.87, the closing stock price on the date of grant, for a total value of $748,000, resulting in a loss on the extinguishment of debt of $52,000.

 

Refer to Note 13 for shares issued to related parties.