Quarterly report [Sections 13 or 15(d)]

Stockholders??? Equity (Deficit) (Tables)

v3.25.2
Stockholders’ Equity (Deficit) (Tables)
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of fair values and allocation of net proceeds

 

    Relative Fair Value    

 

Percentage

  
Series L Convertible Preferred Stock     3,688,000       37.7 %
Warrants     6,089,000       62.3 %
Total     9,777,000       100.0 %

 

      Allocation of Net Proceeds      

Percentage

  
Mezzanine equity     2,025,000       37.7 %
Additional paid in capital     3,389,000       62.3 %
Total     5,411,000       100.0 %