v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash $ 64,158 $ 225,228
Accounts receivable, net allowance of $72,405 and $72,405, respectively 385,399 121,833
Other receivables 263,344 461,933
Due from related parties, current portion 88,534 179,098
Prepaid expenses and other current assets 9,025 9,025
Total current assets 810,460 997,117
Property and equipment, net 8,090,317 6,444,402
Right of use assets - operating 4,768,007 5,426,543
Right of use assets - financing 11,518,402 12,003,034
Investment - related party 46,240 85,474
Maintenance reserves 3,865,059 2,795,488
Total assets 29,098,485 27,752,058
Liabilities and Stockholder's Equity (Deficit)    
Accounts payable and accrued expenses 3,576,181 2,261,700
Deferred revenue 250,368 192,820
Due to related parties 1,513,215 31,144
Right of use liabilities - operating 1,295,049 1,287,785
Right of use liabilities - financing 1,091,916 1,091,916
Long-term debt, current portion 4,753,694 166,410
Long-term debt, related parties, current portion 575,560 326,844
Total current liabilities 13,055,983 5,358,619
Right of use liabilities - operating, net of current portion 3,472,958 4,138,758
Right of use liabilities - financing, net of current portion 8,853,858 9,164,630
Long-term debt, net of current portion 0 3,669,352
Long-term debt, related parties, net of current portion 2,842,355 6,980,729
Total liabilities 28,225,154 29,312,088
Commitments and contingencies (Note 7)
Stockholders' Equity (Deficit)    
Series A Preferred stock: par value $0.001; 100,000 shares authorized; 100,000 issued and outstanding at September 30, 2025 6,419,269 0
Common stock: par value $0.001; 5,000,000,000 shares authorized; 280,848,293 and 237,871,049 issued and outstanding, respectively 280,848 237,871
Additional paid-in capital 81,500 40,000
Accumulated deficit (5,908,286) (1,837,901)
Stockholders' equity (deficit) 873,331 (1,560,030)
Total liabilities and total stockholders' equity (deficit) $ 29,098,485 $ 27,752,058