v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows From Operating Activities:    
Net loss $ (3,799,551) $ (2,265,721)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt issuance costs and discounts 53,722 131,400
Change in fair value of derivative liabilities 6,312 8,755
Gain on extinguishment of debt (326,345)
Shares issued in exchange for services 250,000
Stock-based compensation 320,125
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (388,931)
Accounts payable- trade 322,896 650,845
Accrued expenses (527,434) 649,025
Accrued interest 14,190 63,760
Net Cash Used In Operating Activities (4,075,016) (761,936)
Cash Flows From Financing Activities:    
Proceeds from issuance of convertible notes payable 1,000,000
Repayment of notes payable- related party (275,000)
Proceeds from issuance of common stock and warrants in private placement 6,161,505
Payment of issuance costs related to private placement (1,266,485)
Payment of debt issuance costs (127,510)
Net Cash Provided By Financing Activities 4,620,020 872,490
Net Increase In Cash and Cash Equivalents 545,004 110,554
Cash and Cash Equivalents - Beginning of Period 34,085 4,754
Cash and Cash Equivalents - End of Period 579,089 115,308
Supplemental Disclosures of Cash Flow Information:    
Interest 9,584
Income taxes
Non-cash investing and financing activities:    
Recapitalization of Unite Acquisition 1 Corp. accumulated deficit at time of the exchange (279,746)
Common stock cancelled at the time of the exchange 175
Convertible notes and accrued interest converted into common stock 1,653,811
Forgiveness of accrued consulting fees by related parties $ 345,900

Source

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