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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 7 – SUBSEQUENT EVENTS

 

On July 2, 2025, under the Company’s 2019 Equity Compensation Plan, CQENS granted options to purchase a combined total of 2,450 shares at $20.00 per share to four unrelated individuals for services rendered. These options were exercisable immediately. The fair market value of the options at the grant date was determined to be $30,748. The options were valued using the Black Scholes option pricing model with the following assumptions: 1) a current stock price per share of $20.00, based on the price of recent offerings; 2) expected term of 5 years; 3) computed volatility of 72.54%; and, 4) the risk free rate of return of 3.87%. The exercise period of the options terminates on July 2, 2030.

 

On July 29, 2025, the company sold 1,000 shares for $20,000 in private transactions. We did not pay commissions or finder’s fees and are using the proceeds for working capital.