RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2025

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 4 – RELATED PARTY TRANSACTIONS

We maintain our corporate offices at 5550 Nicollet Avenue, Minneapolis, MN 55419. We lease the premises on a month-to-month basis from 5550 Nicollet LLC, a company owned by Mr. Chong. Rent for the first half of 2025 was $4,800 compared to $4,650 in the first half of 2024. As of June 30, 2025, there was no outstanding balance.

In the first six months of 2025, the Company repaid $50,000 to Xten Capital Group, a common control entity, while in the first six months of 2024, the Company borrowed $100,000. The balance of the loan on June 30, 2025, is $950,000. The loan is due upon demand and is non-interest bearing.

In the first six months of 2025, Liu Mei Chong loaned CQENS Electronics (Hong Kong) Limited (CEL) $59,924 to fund operations. In the first six months of 2024 she loaned CEL $2,573 to fund operations. At June 30, 2025, the loan balance is $76,638. The loan is due upon demand and is non-interest bearing.

In the first six months of 2025 we secured the services of Plexus International, a common control entity, to provide consulting services to assist in the creation and implementation of our Quality Management System (QMS). The fees and expenses incurred for the QMS consulting services during this timeframe were $74,043.