RELATED PARTY TRANSACTIONS	6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 8 – RELATED PARTY TRANSACTIONS At June 30, 2024, there was $57,639 payable to the Chief Executive Officer. During the six-months ended June 30, 2024 the Chief Executive Officer provided $1,000 to be used for operating expenses and received a payment of $2,078. Also at June 30, 2024, there was $14,000 payable to the Chairman of the Board, who provided $10,000 in funds to the Company during the six months ended June 30, 2024, for a total of $71,639 owed related parties at June 30, 2024. At December 31, 2023, the Company had amounts of $58,717 payable to its Chief Executive Officer for funds provided to meet the operating expense obligations of the Company.

RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2024

NOTE 8 – RELATED PARTY TRANSACTIONS

At June 30, 2024, there was $57,639 payable to the Chief Executive Officer. During the six-months ended June 30, 2024 the Chief Executive Officer provided $1,000 to be used for operating expenses and received a payment of $2,078. Also at June 30, 2024, there was $14,000 payable to the Chairman of the Board, who provided $10,000 in funds to the Company during the six months ended June 30, 2024, for a total of $71,639 owed related parties at June 30, 2024. At December 31, 2023, the Company had amounts of $58,717 payable to its Chief Executive Officer for funds provided to meet the operating expense obligations of the Company.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

FLEXPOINT SENSOR SYSTEMS INC 10-Q