Quarterly report [Sections 13 or 15(d)]

SUBSEQUENT EVENTS

v3.26.1
SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2026
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 22 - SUBSEQUENT EVENTS

 

As of May 15, 2026 the Company issued an aggregate of 98,988 shares of its common stock for consulting services, the Company’s Board of Directors’ stock compensation, and the Company’s President stock compensation valued at $40,196.20.

 

As of April 10, 2026 the Company amended its intercompany license agreement to narrow the license to internal research and development activities, restore commercial rights in the licensed technology to the licensor, eliminate the licensee’s commercialization and sublicensing rights, limit cost sharing to research and development activities, and revise the term and termination provisions.

 

As of April 02, 2026 the Company entered into an amended promissory note whereby the maturity date was extended, the principal balance was increased, repayment terms were revised, and 50,000 shares of restricted common stock valued at $17,000 were issued.