Quarterly report [Sections 13 or 15(d)]

Summary of Significant Accounting Policies (Tables)

v3.26.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Fair Value of Assets and Liabilities on Recurring Basis

The following table presents the assets and liabilities of the Company measured and recorded at fair value on a recurring basis and their level within the fair value hierarchy as of June 30, 2026:

 

    Total     Level 1     Level 2     Level 3  
Fair value — equity securities   $ 9,306     $ 9,306     $     $  
Total assets measured at fair value   $ 9,306     $ 9,306     $     $  
                                 
Derivative liability   $ 962,301     $     $     $ 962,301  
Total liabilities measured at fair value   $ 962,301     $     $     $ 962,301  

 

The following table presents the assets and liabilities of the Company measured and recorded at fair value on a recurring basis and their level within the fair value hierarchy as of December 31, 2025:

 

    Total     Level 1     Level 2     Level 3  
Fair value — equity securities   $ 38,531     $ 38,531     $     $  
Total assets measured at fair value   $ 38,531     $ 38,531     $     $  
                                 
Derivative liability   $ 1,944,806     $     $     $ 1,944,806  
Total liabilities measured at fair value   $ 1,944,806     $     $     $ 1,944,806  
Schedule of Property and Equipment

Property and equipment as of June 30, 2026 and December 31, 2025 consisted of the following:

 

    June 30, 2026     December 31, 2025  
Computer equipment and software   $ 5,358     $ 5,358  
Furniture     802       802  
Total     6,160       6,160  
Less: accumulated depreciation     (6,160 )     (6,160 )
Property and equipment, net   $     $