Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.25.3
Subsequent Events
9 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events

Note 12. Subsequent Events

 

The Company has evaluated all events that occurred after the date of the financial statements and through the date of issuance to determine if they must be reported. Management has determined that other than those disclosed below, there were no additional reportable subsequent events to be disclosed.

 

Issuance of Shares for Note Conversions

 

On October 6, 2025, the Company issued an aggregate 451,945 shares of common stock for the conversion of $158,000 in principal and accrued interest on its convertible loans.

 

Issuance of Subscriptions Payable Shares

 

On November 6, 2025, the Company issued the 109,184 shares of common stock being held in abatement to from an earlier warrant exercise which were included on the Company’s condensed consolidated balance sheets as subscriptions payable at September 30, 2025.

 

Issuance of Shares for Warrant Exercises

 

On November 6, 2025, the Company issued an aggregate 3,612,000 shares of common stock for the exercise of warrants for which it received aggregate net of $1,119,864.