Subsequent Events	6 Months Ended
Jun. 30, 2025
Subsequent Event
Subsequent Events	12. Subsequent Events 2025 Public Offering and Private Placement Transactions On August 4, 2025, the Company completed a best-efforts public offering of 2,181,818 shares of its common stock at a price to the public of $1.10 per share. Robert W. D’Loren, Chairman and Chief Executive Officer of the Company, and Mark DiSanto, a Director of the Company, purchased 124,200 and 91,800 shares in this offering, respectively. Simultaneously with completing such offering, the Company also sold 82,159 shares to Mr. D’Loren and 60,883 shares to Mr. DiSanto, at a price of $1.38 per share pursuant to subscription agreements entered into on August 1, 2025. The aggregate net proceeds to the Company from the sale of the shares sold in the best-efforts public offering and the private placement (after deducting the placement agent fees and other estimated offering expenses) were approximately $2.0 million. The Company intends to use the net proceeds from these transactions for brand development and launch, working capital, and general corporate purposes. Upon closing of these transactions, the Company issued placement agent warrants to purchase up to 80,782 shares of common stock. Such warrants are exercisable at an exercise price of $1.10 per share, in whole or in part, during the four and one-half year period commencing 180 days from August 1, 2025. Tax Law Changes On July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) was signed into U.S. law. The OBBBA includes significant tax provisions, such as the permanent extension of certain expiring provisions of the 2017 Tax Cuts and Jobs Act, modifications to the international tax framework, and the restoration of favorable tax treatment for certain business provisions. The OBBBA has multiple effective dates, with certain provisions effective in 2025 and others implemented through 2027. ASC Topic 740, "Income Taxes," requires the effects of changes in tax rates and laws to be recognized in the period in which the legislation is enacted. As the legislation was signed into law after June 30, 2025, it had no impact on the Company’s operating results for the three months and six months ended June 30, 2025. The Company is currently assessing the impact of the OBBBA on its consolidated financial statements.

Subsequent Events

6 Months Ended

Jun. 30, 2025

12. Subsequent Events

2025 Public Offering and Private Placement Transactions

On August 4, 2025, the Company completed a best-efforts public offering of 2,181,818 shares of its common stock at a price to the public of $1.10 per share. Robert W. D’Loren, Chairman and Chief Executive Officer of the Company, and Mark DiSanto, a Director of the Company, purchased 124,200 and 91,800 shares in this offering, respectively.

Simultaneously with completing such offering, the Company also sold 82,159 shares to Mr. D’Loren and 60,883 shares to Mr. DiSanto, at a price of $1.38 per share pursuant to subscription agreements entered into on August 1, 2025.

The aggregate net proceeds to the Company from the sale of the shares sold in the best-efforts public offering and the private placement (after deducting the placement agent fees and other estimated offering expenses) were approximately $2.0 million. The Company intends to use the net proceeds from these transactions for brand development and launch, working capital, and general corporate purposes.

Upon closing of these transactions, the Company issued placement agent warrants to purchase up to 80,782 shares of common stock. Such warrants are exercisable at an exercise price of $1.10 per share, in whole or in part, during the four and one-half year period commencing 180 days from August 1, 2025.

Tax Law Changes

On July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) was signed into U.S. law. The OBBBA includes significant tax provisions, such as the permanent extension of certain expiring provisions of the 2017 Tax Cuts and Jobs Act, modifications to the international tax framework, and the restoration of favorable tax treatment for certain business provisions. The OBBBA has multiple effective dates, with certain provisions effective in 2025 and others implemented through 2027. ASC Topic 740, "Income Taxes," requires the effects of changes in tax rates and laws to be recognized in the period in which the legislation is enacted. As the legislation was signed into law after June 30, 2025, it had no impact on the Company’s operating results for the three months and six months ended June 30, 2025. The Company is currently assessing the impact of the OBBBA on its consolidated financial statements.