Quarterly report [Sections 13 or 15(d)]

Note 4 - Fair Value Measurements and Financial Instruments (Tables)

v3.26.1
Note 4 - Fair Value Measurements and Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Assets Measured on a Recurring Basis

The following table presents the fair value of the Company's liabilities that are not measured at fair value on a recurring basis for the periods presented:

 

 

 

March 31,
2026

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Loan payable to related party

 

$

21,355

 

 

$

 

 

$

21,355

 

 

$

 

Interest on related party loan payable

 

 

835

 

 

 

 

 

 

835

 

 

 

 

Total

 

$

22,190

 

 

$

 

 

$

22,190

 

 

$

 

 

 

 

December 31,
2025

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Loan payable to related party

 

$

17,556

 

 

$

 

 

$

17,556

 

 

$

 

Interest on related party loan payable

 

 

555

 

 

 

 

 

 

555

 

 

 

 

Total

 

$

18,111

 

 

$

 

 

$

18,111

 

 

$