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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 4,034,000 $ 466,000
Income taxes receivable 2,000 0
Other current assets 26,000 61,000
Due from related parties 12,000 0
Stock subscriptions receivable 175,000  
Total current assets 4,249,000 527,000
Other assets:    
Due from related parties 0 520,000
Investments in unconsolidated entities 0 189,000
Total other assets   709,000
Property and equipment:    
Operating lease right-of-use asset 72,000 85,000
Total property and equipment 72,000 85,000
TOTAL ASSETS 4,321,000 1,321,000
Current liabilities:    
Operating lease right-of-use liability - current portion 34,000 27,000
Accounts payable and accrued expenses 60,000 59,000
Income taxes payable   166,000
Share application money pending allotment 0 355,000
Total current liabilities 94,000 607,000
Operating lease right-of-use liability - net of current portion 38,000 58,000
Guarantee liability 11,000 11,000
Total liabilities 143,000 676,000
EQUITY    
Common stock - par value $0.01; 25,000,000 shares authorized; 9,284,924 and 7,792,185 shares issued and outstanding at December 31, 2023 and 2022, respectively. 200,000 93,000
Stock to be issued 238,000 0
Additional paid-in capital 8,185,000 2,942,000
Accumulated deficit (4,445,000) (2,390,000)
Total stockholders’ equity 4,178,000 645,000
TOTAL LIABILITIES AND EQUITY $ 4,321,000 $ 1,321,000