Financial Analysis

NOTE 7 NOTES PAYABLE As of March 31, 2026, the Company had notes payable totaling $ 602,564 , bearing interest rates ranging from 8% to 20%, net of a discount of $ 35,936 , along with accrued interest of $ 12,623 . During the three-month period ended March 31, 2026, the Company secured additional financing, increasing its outstanding notes payable by approximately $ 451,964 . The Company also settled certain debt obligations by transferring investment securities and issuing common stock, which reduced both the principal and accrued interest balances. Accrued interest rose from $ 7,322 at December 31, 2025 to $12,623 as of March 31, 2026. As of March 31, 2025, the Company had a total of $ 295,138 in short-term notes payable to ten different noteholders at interest rates varying from 10% to 36%. Approximately, $ 110,000 of these notes were past due and continue to accrue interest. …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 8 LEASES During 2024, the Company entered into a non-cancellable four year lease for which it recorded a right-of-use asset and liability based on the present value of the lease payments in the amount of $ 82,897 using a term of 47 months and a discount rate of 12.00 %. The weighted average remaining lease term is 24 months and the weighted average discount rate is 12 %. Operating lease expense for the three months ended March 31, 2026 was approximately $ 6,680 . Total lease payments under our non-cancellable leases as of March 31, 2026 were as follows: Schedule of lease payments Year 2026 Rem $ 20,066 Year 2027 27,496 Year 2028 7,050 Total 54,612 Imputed interest 8,071 Lease liability $ 46,541 …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

Recent Accounting Pronouncements There have been no new or material changes to the significant accounting policies discussed in the Companys audited financial statements in its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 as filed with the SEC on May 29, 2026, that are of significance, or potential significance, to the Company. …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

NOTE 5 RELATED PARTY TRANSACTIONS On September 18, 2021, the Company entered into a $ 30,000 Promissory Note Agreement at 24% interest with Coral Investment Partners (CIP). CIPs managing director is Erik Nelson who was formerly the CEO of the Company. On June 30, 2022, CIP increased its Promissory Note to $ 50,000 by funding another $ 20,000 loan to the Company. Subsequently, CIP made an additional loan of $ 40,000 on September 15, 2022, to bring the total loan balance to $ 90,000 plus $ 21,674 in accrued interest. During the fiscal year ended December 31, 2023, CIP made additional loan amounts of $ 5,000 on February 15, 2023, $ 22,000 on March 29, 2023, $ 11,000 on June 30, 2023, $ 10,000 on May 10, 2023, $ 4,000 on June 29, 2023, $ 10,000 on July 5, 2023, $ 15,000 on August 21, 2023 and $ 15,000 on November 6, 2023. On December 14, 2023, the Company and CIP agreed to convert $ 50,000 of indebtedness under the Promissory Note into 1,000,000 shares of the Companys common stock at $0.05 per share. Also after December 14, 2023, the interest rate was reduced to 12 % for the period from December 14, 2023, through December 31, 2023. Effective January 1, 2024, the interest rate became 10 %. The conversion of debt into stock reduced the balance owed on the Promissory Note to $ 182,000 of principal and $ 11,098 of interest as of December 31, 2023. During the three months ended March 31, 2026, the Company entered into additional financing arrangements that increased outstanding notes …

RelatedPartyTransactionsDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The financial statements of the Company have been prepared in accordance with GAAP. This basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and losses or recognized when incurred. Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of accrued liabilities and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to revenue recognition, valuation of accounts receivable, and the allowance for doubtful accounts, inventories, and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. Revenue Recognition and Cost of Consulting Labor The Company adopted Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts with Customers (ASC 606), using the modified retrospective method applied to those contracts that were not …

SignificantAccountingPoliciesTextBlock · excerpt; the full note is in the filing

NOTE 6 EQUITY The Company is authorized to issue 200,000,000 shares of common stock, par value $ 0.00001 per share, and 10,000,000 shares of preferred stock, par value $ 0.00001 per share. As of March 31, 2026, the Company had 57,145,926 shares of common stock issued and outstanding, compared to 52,789,000 shares outstanding as of December 31, 2025. During the three months ended March 31, 2026, the Company issued an aggregate of 4,356,926 shares of common stock. The issuances were primarily related to capital raising activities, debt conversions, financing fees, and other corporate purposes. All shares were issued pursuant to applicable exemptions from registration under the Securities Act of 1933, as amended. Issuance of Common Stock On December 14, 2023, the Board of Directors approved an offering of up to 10,000,000 shares of common stock in a private offering to accredited investors for $0.05 per share. Prior to the year-end, the Company issued 1,000,000 shares in an offering for an investment of $ 50,000 . During the six months ended June 30, the Company completed the private placement by issuing 9,000,000 shares at $0.05 per share which generated $ 450,000 in proceeds. On March 19, 2024, the Board of Directors approved an offering of up to 6,000,000 shares of common stock in a private offering to accredited investors for $0.05 per share. During the three months ended June 30, 2024, the Company issued 4,104,000 shares in the offering and raised $ 205,200 proceeds. The of …

StockholdersEquityNoteDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 9 SUBSEQUENT EVENTS In accordance with ASC 855-10 the Company has performed an evaluation of subsequent events from March 31, 2026 through June 24, 2026, the date the financial statements were issued. Based on the evaluation, the Company did not identify and subsequent events that would have required adjustment or disclosure in the financial statements. …

SubsequentEventsTextBlock · excerpt; the full note is in the filing