Quarterly Report for Quarter Ending June 30, 2026 (Form 10-Q)

Overview

The following discussion should be read in conjunction with our financial statements, including the notes thereto, appearing elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

Results of Operations

For the period ended June 30, 2026, the Company reported:

Operating expenses consisted primarily of administrative expenses, consulting services, and interest expense.

Liquidity and Capital Resources

As of June 30, 2026:

The Company has funded operations primarily through convertible notes and equity issuances.

Going Concern

The Company has incurred recurring losses and has limited cash resources. These factors raise substantial doubt about its ability to continue as a going concern.

Segment Reporting

The company operates as a single operating and reportable segment. Operating segments are defined as components of an enterprise for which separate financial information is available and regularly reviewed by the chief operating decision maker ("CODM") in allocating resources and assessing performance. The Company's chief operating decision maker, its Chief Executive Officer, evaluates the Company's performance and allocates resources on a consolidated basis. Accordingly, the Company has determined that it operates in a single operating and reportable segment, and therefore, all required financial segment information is presented in the financial statements.