v3.24.1
Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from Operating activities    
Net loss $ (13,071,864) $ (854,147)
Adjustments to reconcile net loss to net cash from operations    
Loss on extinguishment of debt 7,486,767
Amortization of debt issuance costs 1,611,458
Change in operating assets and liabilities:    
Accounts payable and accrued expenses 114,556 385,486
Prepaid expenses (713)
Net cash flows used in operating activities (3,859,796) (468,661)
Financing activities:    
Payment of deferred offering costs (255,970) (47,311)
Borrowings to related party (54,410) 462,391
Borrowings from related party 1,717,574
Borrowings under related party line of credit 1,452,414
Collection of stock subscription receivable 55,000
Proceeds from sale of common stock 1,000,000
Net cash flows provided by financing activities 3,859,608 470,080
Net change in cash (188) 1,419
Cash, beginning of year 1,419
Cash, end of year 1,231 1,419
Cash paid for interest
Supplemental schedule of non-cash financing activities:    
Issuance of warrants on related party line of credit 5,950,000
Accrued offering expense 90,000
Debt conversion to common stock 3,100,579
Advances to affiliates $ 130,000

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