XML 43 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Statements of Cash Flows (FY) - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (6,393,932) $ (4,931,197)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 1,212,357 1,295,931
Depreciation and amortization 2,711 734
Changes in operating assets and liabilities:    
Prepaid expenses 1,453 (38,681)
Accounts payable and accrued expenses 280,430 (133,207)
Contract liabilities (3,076) (1,203)
Net cash used in operating activities (4,900,057) (3,807,623)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (13,559)
Purchase of intangible asset (400,000) (100,000)
Net cash used in investing activities (400,000) (113,559)
CASH FLOWS FROM FINANCING ACTIVITIES    
Series A Convertible Preferred stock issued 2,647,500
Proceeds from Class B common stock issued, net 2,388,858 6,885,204
Reacquisition of shares (176,876)
Net cash provided by financing activities 5,036,358 6,708,328
Net change in cash (263,699) 2,787,146
Cash at beginning of period 2,924,323 137,177
Cash at end of period 2,660,624 2,924,323
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for income taxes
Cash paid for interest
NON CASH INVESTING AND FINANCING ACTIVITIES    
Conversion from Class A to Class B common stock 68
Conversion from Series A Convertible Preferred stock to Class B common stock 54,110  
Class B Common stock issued for purchase of intangible asset 9,500
Cancellation of Class B common stock 176,876
Reverse stock split adjustment $ 7