Balance Sheet

v3.24.1

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 2,624,730	$ 57,670
Prepaid expenses	145,882	15,000
Total current assets	2,770,612	72,670
Property and equipment, net	5,974	7,699
Total assets	2,776,586	80,369
Current liabilities:
Accounts payable	103,656	543,993
Accrued expenses	80,694	982,988
Deferred revenue		32,000
Total current liabilities	184,350	3,137,721
Total liabilities	184,350	3,137,721
Stockholders’ equity (deficit):
Series A Convertible Preferred stock, $0.00001 par value, 5,500,000 shares authorized; 73,449 shares issued and outstanding, as of December 31, 2023 and 2022.	1	1
Common stock, $0.00001 par value, 100,000,000 shares authorized; 6,094,644 and 4,021,935 shares issued and outstanding as of December 31, 2023 and 2022, respectively.	61	40
Additional paid-in capital	12,347,098	1,341,662
Accumulated deficit	(9,754,924)	(4,399,055)
Total stockholders’ equity (deficit)	2,592,236	(3,057,352)
Total liabilities and stockholders’ equity (deficit)	2,776,586	80,369
Nonrelated Party [Member]
Current liabilities:
Convertible notes		1,323,890
Related Party [Member]
Current liabilities:
Convertible notes		$ 254,850

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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