8. Commitments and Contingencies

6 Months Ended

Jun. 30, 2025

Notes

8. Commitments and Contingencies

8. Commitments and Contingencies

Leases.

On April 12, 2022, PrestoCorp signed a lease in New York with Spaces for a two-year term at $2,590 per month expiring in April 2024. On April 12, 2024, PrestoCorp signed a new lease for (12) twelve months at $1,575 per month starting on May 1, 2024 and expiring on April 30, 2025.

Rent expense for the three and six months ended June 30, 2025 and 2024 was $4,968 (2024: $15,049) and $13,075 (2024: $24,169), respectively.

Litigation.

In the ordinary course of business, we may face various claims brought by third parties and we may, from time to time, make claims or take legal actions to assert our rights, including intellectual property disputes, contractual disputes and other commercial disputes. Any of these claims could subject us to litigation. As of June 30, 2025, no claims are outstanding.