v3.26.1

Consolidated Balance Sheets - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 401,203	$ 156,087
Deferred offering costs	393,203	222,497
Vendor deposits	1,885,680
Prepaid expenses and other current assets	619,688	650,293
Total current assets	3,299,774	1,028,877
Intangible assets	23,900,520	22,222,200
Total assets	27,200,294	23,251,077
Current liabilities:
Short term loan due to related parties	825,700
Deferred revenue	4,757,500	943,500
Total current liabilities	7,837,013	1,756,985
Commitments and Contingencies (See Notes 7 and 14)
Stockholders’ equity
Preferred stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively
Common stock: $0.001 par value, 1,000,000,000 shares authorized, 3,930,906 and 5,121,384 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	3,931	5,121
Additional paid-in capital	29,107,471	26,263,670
Accumulated deficit	(9,748,121)	(4,774,699)
Total stockholders’ equity	19,363,281	21,494,092
Total liabilities and stockholders’ equity	27,200,294	23,251,077
Nonrelated Party [Member]
Current liabilities:
Accounts payable and accrued liabilities	937,088	273,482
Related Party [Member]
Current liabilities:
Accounts payable and accrued liabilities	$ 1,316,725	$ 540,003

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Bimergen Energy Corp 10-K