What changed in this filing

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Item 2. Management’s Discussion and Analysis

2025-11-10 compared with 2025-08-13 · 90 added, 93 removed, 109 unchanged (63% of the section changed)

70 unchanged sentences

Issued Accounting Pronouncements

reviewed currently issued pronouncements during the six months ended June 30, 2025, and does not believe that any other recently issued,

but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying condensed unaudited

reviewed currently issued pronouncements during the nine months ended September 30, 2025, and does not believe that any other recently

issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying condensed unaudited

financial statements.

of Operations – Three months ended June 30, 2025, compared to the Three months ended June 30, 2024.

of Operations – Three months ended September 30, 2025, compared to the Three months ended September 30, 2024.

and Marketing Expenses

and marketing (“S&M”) expenses increased by $23,863 to $94,092 for the three months ended June 30, 2025, compared to

$70,229 for the prior period ended June 30, 2024.

The primary increase in (S&M) expenses was the result of an increase in service

and marketing (“S&M”) expenses increased by $11,924 to $95,463 for the three months ended September 30, 2025, compared

to $83,539 for the prior period ended September 30, 2024.

The primary increase in S&M expenses was the result of an increase in spending

on advertising.

and Administrative Expenses

and administrative (“G&A”) expenses increased by $102,209 to $381,053 for the three months ended June 30, 2025, compared

to $278,844 for the prior period ended June 30, 2024.

The primary increase overall was an increase in professional fees of $56,534, an

increase in non-cash stock compensation of $18,108, and an overall decrease in other expenses.

and administrative (“G&A”) expenses increased by $13,454 to $281,248 for the three months ended September 30, 2025, compared

to $267,794 for the prior period ended September 30, 2024.

The overall increase was an increase in insurance expense.

and Development

and Development (“R&D”) expenses increased by $58,928 to $147,867 for the three months ended June 30, 2025, compared

to $88,939 for the prior period ended June 30, 2024.

and Development (“R&D”) expenses increased by $14,547 to $104,689 for the three months ended September 30, 2025, compared

to $90,142 for the prior period ended September 30, 2024.

This overall increase of $14,547 in R&D expenses was the result of an increase

in outside research fees and consultant cost.

in consultant costs.

and Amortization Expense

and amortization expense for the three months ended June 30, 2025 and 2024 was $820 and $1,027, respectively.

and amortization expense for the three months ended September 30, 2025 and 2024 was $821 and $1,027, respectively.

Income/(Expenses)

income and (expenses) decreased by $169 to $128 for the three months ended June 30, 2025, compared to $297 for the prior period ended

June 30, 2024.

The decrease in other income and (expenses) was the result of an increase in interest income of $169.

The decrease in

other income and (expenses) was primarily due to the net change in interest income.

net loss for the three months ended June 30,2025 was $623,704, compared to $438,742 for the prior period ended June 30,2024.

has not generated any revenues.

The majority of the decrease in net loss was due to an overall decrease in operating expenses and non-cash

expense associated with the net change in stock option expense in the current period.

These estimates were based on multiple inputs,

including the market price of our stock, interest rates, our stock price volatility, variable conversion prices based on market prices

as defined in the respective agreements and probabilities of certain outcomes based on management projections.

These inputs were subject

to significant changes from period to period and to management’s judgment;

therefore, the estimated fair value of the stock options

fluctuate, and the fluctuation may be material.

income and (expenses) decreased by $3,636 to $125 for the three months ended September 30, 2025, compared to $3,761 for the prior period

ended September 30, 2024.

The decrease in other income and (expenses) was the result of a decrease in interest income of $3,636.

net loss for the three months ended September 30,2025 was $482,096, compared to $438,741 for the prior period ended September 30,2024.

The Company has not generated any revenues.

of Operations – Six months ended June 30, 2025, compared to the Six months ended June 30, 2024.

The majority of the decrease in net loss was due to an overall decrease in operating expenses

and non-cash expense associated with the net change in stock option expense in the current period.

These estimates were based on multiple

inputs, including the market price of our stock, interest rates, our stock price volatility, variable conversion prices based on market

prices as defined in the respective agreements and probabilities of certain outcomes based on management projections.

These inputs were

subject to significant changes from period to period and to management’s judgment;

therefore, the estimated fair value of the stock

options fluctuate, and the fluctuation may be material.

The Company has not generated any revenues.

of Operations – Nine months ended September 30, 2025, compared to the Nine months ended September 30, 2024.

and Marketing Expenses

and marketing (“S&M”) expenses increased by $55,371 to $200,571 for the six months ended June 30, 2025, compared to $145,200

for the prior period ended June 30, 2024.

The primary increase in (S&M) expenses was the result of an increase in service providers

and marketing (“S&M”) expenses increased by $67,295 to $296,034 for the nine months ended September 30, 2025, compared

to $228,739 for the prior period ended September 30, 2024.

The primary increase in S&M expenses was the result of an increase in

service providers.

and Administrative Expenses

and administrative (“G&A”) expenses increased by $63,258 to $648,506 for the six months ended June 30, 2025, compared

to $585,248 for the prior period ended June 30, 2024.

The primary increase overall was an increase in professional fees of $56,534, an

increase in non-cash stock compensation of $18,108, and an overall decrease in other expenses.

and administrative (“G&A”) expenses increased by $78,016 to $929,754, for the nine months ended September 30, 2025, compared

to $851,738 for the prior period ended September 30, 2024.

The primary increase was an increase in professional fees of $80,309, with

an overall decrease in other expenses of $2,293.

and Development

and Development (“R&D”) expenses increased by $71,507 to $249,385 for the six months ended June 30, 2025, compared to

$177,878 for the prior period ended June 30, 2024.

This increase in R&D expenses was the result of an increase in outside research

fees of $22,407 and consultant cost of $47,000, overall increase in materials and supplies of $2100.

and Development (“R&D”) expenses increased by $86,053 to $354,074 for the nine months ended September 30, 2025, compared

to $268,021 for the prior period ended September 30, 2024.

This increase in R&D expenses was the result of an increase in consultant

services of $147,250, with an overall decrease of $61,197 in other expenses.

and Amortization Expense

and amortization expense for the six months ended June 30, 2025 and 2024 was $1,641 and $2,054, respectively.

and amortization expense for the nine months ended September 30, 2025 and 2024 was $2,462 and $3,080, respectively.

Income/(Expenses)

income and (expenses) decreased by $329 to $305 for the six months ended June 30, 2025, compared to $634 for the prior period ended June

The decrease in other income and (expenses) was the result of an increase in interest income of $169.

The decrease in other

income and (expenses) was primarily due to the net change in interest income.

net loss for the six months ended June 30,2025 was $1,099,798, compared to $909,746 for the prior period ended June 30,2024.

has not generated any revenues.

The majority of the decrease in net loss was due to an overall decrease in operating expenses and non-cash

expense associated with the net change in stock option expense in the current period.

These estimates were based on multiple inputs,

including the market price of our stock, interest rates, our stock price volatility, variable conversion prices based on market prices

as defined in the respective agreements and probabilities of certain outcomes based on management projections.

These inputs were subject

to significant changes from period to period and to management’s judgment;

therefore, the estimated fair value of the stock options

fluctuate, and the fluctuation may be material.

income and (expenses) decreased by $3,965 to $430 for the nine months ended September 30, 2025, compared to $4,395 for the prior period

ended September 30, 2024.

The decrease in other income and (expenses) was primarily due to the net change in interest income.

net loss for the nine months ended September 30, 2025 was $1,581,894, compared to $1,347,183 for the prior period ended September 30,2024.

The Company has not generated any revenues.

The majority of the decrease in net loss was due to an overall decrease in operating expenses

and non-cash expense associated with the net change in stock option expense in the current period.

These estimates were based on multiple

inputs, including the market price of our stock, interest rates, our stock price volatility, variable conversion prices based on market

prices as defined in the respective agreements and probabilities of certain outcomes based on management projections.

These inputs were

subject to significant changes from period to period and to management’s judgment;

therefore, the estimated fair value of the stock

options fluctuate, and the fluctuation may be material.

The Company has not generated any revenues.

AND CAPITAL RESOURCES

3 unchanged sentences

and accounts payable and capital expenditures.

unaudited condensed financial statements have been prepared on a going concern basis of accounting, which contemplates continuity of

operations, realization of assets and liabilities and commitments in the normal course of business.

The accompanying unaudited condensed

financial statements do not reflect any adjustments that might result if we are unable to continue as a going concern.

During the six

months ended June 30, 2025, we did not generate any revenues, and recognized a net loss of $1,099,798, due to a change in operating expenses

and cash of $1,100,906 used in operations.

As of June 30, 2025, we had working capital of $1,150,677 and a shareholders’ deficit

of $179,042,345.

believes that we will be able to continue to raise funds through the sale of our securities to existing and new investors.

believes that funding from existing and prospective new investors and future revenue will provide the additional cash needed to meet

our obligations as they become due and will allow the development of our core business operations.

No assurance can be given that any

future financing will be available or, if available, that it will be on terms that are satisfactory to the Company.

Even if the Company

is able to obtain additional financing, it may contain undue restrictions on our operations, in the case of debt-financing or cause substantial

dilution for our stockholders, in case of equity financing.

of June 30, 2025, we had working capital of $1,150,677 compared to $2,102,308 for the year ended December 31, 2024.

This decrease in

working capital was due primarily to a decrease in cash.

the six months ended June 30, 2025, we used $1,003,615 of cash for operating activities, as compared to $824,205 for the prior period

ended June 30, 2024.

The increase in the use of cash for operating activities for the current period was a result of an increase in research

and development cost, and advertising and marketing.

cash provided from equity financing activities for the six months ended June 30, 2025 and June 30, 2024 was $0.

There was no equity financing

during the current or prior period.

Our capital needs have primarily been met from the proceeds of the sale of our securities, as we

currently have not generated any revenues.

accompanying unaudited condensed financial statements as of September 30, 2025, have been prepared on a going concern basis of accounting,

which contemplates continuity of operations, realization of assets and liabilities and commitments in the normal course of business.

The accompanying unaudited condensed financial statements do not reflect any adjustments that might result if we are unable to continue

as a going concern.

During the nine months ended September 30, 2025, we did not generate any revenues, and recognized a net loss of $1,581,894,

due to a change in operating expenses and cash of $1,413,695 used in operations.

As of September 30, 2025, we had working capital of

$1,318,162 and a shareholders’ deficit of $179,524,441.

believes that we will be able to continue to raise funds through the sale of our securities to existing and new investors, including

through the use of its equity financing agreement entered into with GHSManagement believes that funding from existing and prospective

new investors and future revenue will provide the additional cash needed to meet our obligations as they become due and will allow the

development of our core business operations.

No assurance can be given that any future financing will be available or, if available,

that it will be on terms that are satisfactory to the Company.

Even if the Company is able to obtain additional financing, it may contain

undue restrictions on our operations, in the case of debt-financing or cause substantial dilution for our stockholders, in case of equity

of September 30, 2025, we had working capital of $1,318,162 compared to $2,102,307 for the year ended December 31, 2024.

This decrease

in working capital was due primarily to a decrease in cash.

the nine months ended September 30, 2025, we used $1,413,695 in cash for operating activities, as compared to $1,189,145 for the prior

period ended September 30, 2024.

The increase in the use of cash for operating activities for the current period was a result of an increase

in research and development cost, and advertising and marketing.

cash provided from equity financing activities for the nine months ended September 30, 2025 was $615,445, and for the prior period September

30, 2024 was $0.

There was no equity financing during the prior period.

Our capital needs have primarily been met from the proceeds of

the sale of our securities, as we currently have not generated any revenues.

independent auditors, in their report on our audited financial statements for the year ended December 31, 2024, expressed substantial

1 unchanged sentence

Our financial statements as of

June 30, 2025, have been prepared under the assumption that we will continue as a going concern.

Our ability to continue as a going concern,

ultimately is dependent upon our ability to generate revenue, which is dependent upon our ability to obtain additional equity or debt

financing, attain further operating efficiencies and, ultimately, to achieve profitable operations.

Our financial statements do not include

any adjustments that might result from the outcome of this uncertainty.

September 30, 2025, have been prepared under the assumption that we will continue as a going concern.

Our ability to continue as a going

concern, ultimately is dependent upon our ability to generate revenue, which is dependent upon our ability to obtain additional equity

or debt financing, attain further operating efficiencies and, ultimately, to achieve profitable operations.

Our financial statements

do not include any adjustments that might result from the outcome of this uncertainty.

OF OPERATION AND FINANCING NEEDS

15 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 2. Management’s Discussion and Analysis