v3.25.3
Unaudited Condensed Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 6,986,617 $ 3,455
Prepaid expenses and other current assets 2,099,491 9,602
Total current assets 9,086,108 13,057
Property and equipment, net 34,188
Long-term portion of prepaid expenses 129,740
Total assets 9,250,036 13,057
Current liabilities:    
Accounts payable and accrued expenses 567,633 591,191
Accrued interest - related party 21,651 106,643
Advance payable to related party 100 76,500
Notes payable - related party 500,000 250,000
Total current liabilities 1,089,384 1,024,334
Long-term liabilities    
Long-term convertible notes payable – related party 346,844
Total liabilities 1,089,384 1,371,178
Commitments and contingencies (note 8)
Shareholders’ equity:    
Preferred stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding as of September 30, 2025 and December 31, 2024
Common stock, par value $0.01, 100,000,000 shares authorized; 12,575,983 and 7,903,850 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 125,760 79,039
Additional paid-in capital 17,272,661 2,954,764
Accumulated deficit (9,237,769) (4,391,924)
Total shareholders’ equity (deficit) 8,160,652 (1,358,121)
Total liabilities and shareholders’ equity $ 9,250,036 $ 13,057

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