Related Party Transactions (Tables)
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9 Months Ended |
Sep. 30, 2025 |
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| Related Party Transactions |
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| Schedule of related parties information |
Related Party | | Nature of Relationship to the Company | A | | An Ohio limited liability company - a significant shareholder | B | | Owner of A and our former Chief Executive Officer of the Company from April 1, 2025 to October 1, 2025. Current Chairman of the Board of Directors. | C | | Chief Executive Officer of the Company until March 31, 2025 and Vice President of Operations from April 1, 2025. | D | | A California limited liability company owned by a related party E | E | | Significant shareholder and our Chief Technology Officer | F | | Director and Chief Executive Officer of GEVI Insurance Holdings Inc. | G | | A Delaware limited liability company – Series A Preferred shareholder | H | | A company controlled by our Chief Financial Officer |
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| Schedule of expenses to related parties and their nature |
| | Nine Months Ended | | | | | | | | | September 30, | | | | | | | Related Party | | 2025 | | | 2024 | | | Nature of transaction | | Financial Statement Line Item | | A | | $ | 2,103,600 | | | $ | - | | | 150,000 Series C preferred stock for consulting fee | | Professional fees - related party | | A | | $ | 25,300 | | | $ | 6,495 | | | Payment operating expenses on behalf of the Company | | Due to related party | | A | | $ | 25,000 | | | $ | 60,000 | | | Repayment loan | | Due to related party | | D | | $ | 21,600 | | | $ | 64,800 | | | Cash paid for consulting fees | | Professional fees - related party | | D | | $ | 4,000 | | | $ | 16,200 | | | Cash paid for consulting and advisory fees | | Cost of revenue - related party | | E | | $ | - | | | $ | 108,808 | | | Cash paid for management fee | | Professional fees - related party | | E | | $ | 91,290 | | | $ | 83,192 | | | Cash paid for royalty and sales commissions | | Cost of revenue - related party | | F | | $ | 420,720 | | | $ | - | | | 30,000 Series C preferred stock for management compensation | | Management compensation | | F | | $ | - | | | $ | 348,000 | | | 20,000 shares of Series C preferred stock for advisory fee | | Professional fees - related party | | G | | $ | 2,511,855 | | | $ | - | | | 69,007 Series C preferred stock for services | | Financing expense | | H | | $ | 16,065 | | | $ | - | | | Edgar filing expense | | General and administrative | | H | | $ | 39,624 | | | $ | - | | | Professional service - accounting | | Professional fees - related party | |
| | Three Months Ended | | | | | | | | | September 30, | | | | | | | Related Party | | 2025 | | | 2024 | | | Nature of transaction | | Financial Statement Line Item | | D | | $ | 5,600 | | | $ | 23,200 | | | Cash paid for consulting fees | | Professional fees - related party | | D | | $ | - | | | $ | 5,800 | | | Cash paid for consulting and advisory fees | | Cost of revenue - related party | | E | | $ | - | | | $ | 39,544 | | | Cash paid for management fee | | Professional fees - related party | | E | | $ | - | | | $ | 20,456 | | | Cash paid for royalty and sales commissions | | Cost of revenue - related party | | H | | $ | 1,458 | | | $ | - | | | Edgar filing expense | | General and administrative | | H | | $ | 20,224 | | | $ | - | | | Professional service -accounting | | Professional fees - related party | |
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| Schedule of convertible debt related party |
| | | | | | | Effective | | | Stated | | | | | | | | | | Principal | | | Maturity | | Interest | | | Interest | | | September 30, | | | December 31, | | Payment date | | Amount | | | date | | Rate | | | Rate | | | 2025 | | | 2024 | | December 1, 2024 | | $ | 576,693 | | | December 31, 2025 | | | - | | | | 10 | % | | $ | 576,693 | | | $ | 576,693 | | February 2025 | | $ | 2,000,000 | | | February 28, 2026 | | | 128 | % | | | 10 | % | | | 2,000,000 | | | | - | | Total Convertible notes | | | | | | | | | | | | | | | | $ | 2,576,693 | | | $ | 576,693 | | Less: Unamortized debt discount | | | | | | | | | | | | | | | | | (729,143 | ) | | | - | | | | | | | | | | | | | | | | | | | 1,847,550 | | | | 576,693 | | Less: Current portion | | | | | | | | | | | | | | | | | (1,847,550 | ) | | | (576,693 | ) | Long-term portion | | | | | | | | | | | | | | | | $ | - | | | $ | - | |
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