Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Cash flows from operating activities:              
Net loss $ (578,503) $ (668,564) $ (1,196,923) $ (758,088) $ (2,698,254) $ (2,817,394)  
Adjustments to reconcile net loss to net cash used in operating activities:              
Depreciation expense 0   1,363   1,363 4,248  
Stock based compensation         150,000 112,500  
Accretion of debt discount         140,090 423,663  
Accretion of original issuance costs         295,109 324,798  
Modification of warrants   24,770   17,505 24,770  
Inducement of preferred shares     845,901  
Settlement of lease         (5,798)  
Stock issued for services         214,550  
Warrants issued for services         15,703  
Changes in operating assets and liabilities:              
Other current assets         8,997 2,053  
Other assets         20,711  
Accounts payable         165,220 149,997  
Accrued payroll and payroll taxes         410,758 969,890  
Other current liabilities         2,190 (6,996)  
Net cash used in operating activities         (646,208) (582,218)  
Cash flows from financing activities:              
Proceeds from short-term convertible notes         706,635 771,890  
Proceeds from short-term promissory notes         13,000  
Advance from shareholder         35,000  
Repayments of advance from shareholder         (71,574)  
Net cash provided by financing activities         719,635 735,316  
Net increase in cash         73,427 153,098  
Cash at beginning of period   $ 12,144   $ 11,690 12,144 11,690 $ 11,690
Cash at end of period $ 85,571   $ 164,788   85,571 164,788 12,144
Cash paid during the period for:              
Interest          
Income taxes          
Non-cash investing and financing activities:              
Warrants issued to third parties in conjunction with debt issuance         414,687 390,637  
Derivative liability in conjunction with debt issuance         181,362  
Original issue discount issued in conjunction with debt         75,320 80,739  
Original issue discount issued in conjunction with extension of debt         737,788 184,471  
Common stock issued to third parties in conjunction with conversion of debt         707,730 $ 1,549,148
Preferred stock issued to third parties in conjunction with conversion of debt         841,419  
Cancellation of common stock – related party         $ 7