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 UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549

 FORM 10-K

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 FOR THE FISCAL YEAR ENDED: DECEMBER 31, 2024

 OR

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 FOR THE TRANSITION PERIOD FROM ____________ TO ____________

 COMMISSION FILE NUMBER: 000-27781

 UNITED HEALTH PRODUCTS, INC.

 (Exact name of Registrant as specified in its charter)

 Nevada

 84-1517723

 (State of jurisdiction of
 incorporation or organization)

 (I.R.S. Employee
 Identification Number)

 520 Fellowship Road, Suite #D-406
 Mt. Laurel, NJ

 08054

 (Address of principal executive offices)

 (Zip Code)

 Registrant's telephone number, including area code: ( 475) 755-1005

 Securities registered pursuant to Section 12 (b) of the Act:

 Title of each class

 Trading Symbol

 Name of each exchange on which registered

 None

 None

 None

 Securities registered pursuant to Section 12 (g) of the Act: Common Stock, $0.001 Par Value

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Check whether the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act. Yes No

 Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the Registrant has submitted electronically every Interactive data file required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Non-accelerated Filer

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Yes No

 Indicate by check mark whether the registrant has led a report on and attestation to its management's assessment of the e ectiveness of its internal control over nancial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting rm that prepared or issued its audit report.

 Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No

 As of June 30, 2024, the number of shares held by non-affiliates was approximately 243,814,822 shares. The approximate market value based on the last sale (i.e. $0.165 per share as of June 30, 2024, the last business day of the second quarter) of the Company's Common Stock was approximately $ 40,229,446.

 The number of shares issued and outstanding of the Registrant's Common Stock, as of March 26, 2025 was 252,408,222.

 United Health Products, Inc.
 Annual Report on Form 10-K
 For the Year Ended December 31, 2024

 Page

 Item 1

 Business

 Item 1A

 Risk Factors

 Item 1B

 Unresolved Staff Comments

 Item 1C

 Cybersecurity

 Item 2

 Properties

 Item 3

 Legal Proceedings

 Item 4

 Mine Safety Disclosures

 Item 5

 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

 Item 6

 [Reserved]

 Item 7

 Management's Discussion and Analysis of Financial Condition and Results of Operations

 Item 7A

 Quantitative and Qualitative Disclosures about Market Risk

 Item 8

 Financial Statements and Supplementary Data

 Item 9

 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

 Item 9A

 Controls and Procedures

 Item 9B

 Other Information

 Item 9C

 Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

 Item 10

 Directors, Executive Officers and Corporate Governance

 Item 11

 Executive Compensation Discussion and Analysis

 Item 12

 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

 Item 13

 Certain Relationships and Related Transactions and Director Independence

 Item 14

 Principal Accounting Fees and Services

 Item 15

 Exhibits and Financial Statement Schedules

 Signatures

 Forward-Looking Statements

 Statements in this annual report on Form 10-K that are not historical facts constitute forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, or the Exchange Act. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Those factors include, among other things, those listed under "Risk Factors" and elsewhere in this annual report. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially. Moreover, neither we nor any other person assumes responsibility.

 ITEM 1. BUSINESS

 Company Overview

 United Health Products, Inc. ("UHP", "we" or the "Company") develops, manufactures, and markets a patented hemostatic gauze for the healthcare and wound care sectors. Our gauze product, CelluSTAT, is derived from cotton and designed to absorb exudate/drainage from superficial wounds and help control bleeding. We are in the process of seeking regulatory approval to sell our hemostatic gauze product line into the U.S. Class III and European CE Mark human surgical markets.

 Developments

 We are continuing on our path to seek FDA Premarket Approval (PMA) for our CelluSTAT Hemostatic Gauze products to implement our business strategy.

 In March 2024, we submitted a full application for Premarket Approval to the FDA. The FDA responded in June 2024 with a "Deficiencies Letter" listing approximately 40 specific comments and requests for additional information covering the device description, sterility & shelf life, clinical & performance testing, and biocompatibility sections of the PMA application. In August 2024, we submitted a Submission Issue Request (SIR) to the FDA outlining our plan to address and respond to the FDA's comments. Then, in August 2024, at the FDA's request, the Company followed-up with a condensed list of questions relating to the prior SIR submission.

 In October 2024, the Company and FDA conducted a virtual meeting to discuss the SIR and the follow-up questions. During the discussion, the Company noted the results of its 2019 clinical trial involving 232 patients (of whom 118 were treated with its hemostatic gauze) that showed statistically superior performance in time to hemostasis using CelluSTAT over Ethicon's Surgicel Original, the standard of care. The study results also showed no evidence of heterogeneity of results across procedure categories, surgeons, or clinical sites, indicating both poolability and generalizability of study results. The Company also noted that none of the adverse events that occurred during the study were attributable to its hemostatic gauze product.

 Notwithstanding the safety record from the original clinical study, the FDA requested more data to confirm the safety and effectiveness of CelluSTAT in surgical procedures in the intestinal and thoracic organ space, where organ movement can impact the post operative stability of a hemostat and where observation of post operative rebleeding is more difficult. To address this concern, we have proposed to enroll 27 human subjects in a multi-site study as an extension of the original pivotal study, with patients undergoing open surgical procedures within the organ space. The supplemental study process will consist of submitting an Investigational Device Exemption (IDE) for FDA approval, identifying and contracting suitable surgical sites, enrolling patents, and data collection and analysis.

 The FDA's 180-day PMA application review period is on pause while we work to address the FDA's requests and will resume once we submit all our responses.

 From September 23 through October 4, 2024, the FDA conducted a Bioresearch Monitoring Program (BIMO) Inspection of our records and procedures relating to our clinical study, following which the FDA delivered its Inspectional Observations on Form 483. On October 25, 2024, we submitted our response to the FDA's observations, which the FDA will consider in developing its final report on the BIMO Inspection.

 There can be no assurance that our PMA application will be approved.

 Our CelluSTAT Gauze Products

 CelluSTAT Hemostatic Gauze (formerly branded as HemoStyp) is a natural substance created from chemically treated cellulose derived from cotton. It is an effective hemostatic agent registered with the FDA for superficial use under a 510(k) approval obtained in 2012 to help control bleeding from open wounds and body cavities. The CelluSTAT hemostatic material contains no chemical additives, thrombin, collagen or animal-derived products, and is hypoallergenic. When the product comes in contact with blood it expands slightly and quickly converts to a translucent gel that subsequently breaks down into cellulose and salts. Because of its benign impact on body tissue and the fact that it degrades to non-toxic end products, CelluSTAT does not impede the healing of body tissue as compared to certain competing hemostatic products.

 CelluSTAT hemostatic gauze is a flexible, silk-like material that is applied by placing the gauze onto the bleeding tissue. The supple material can be easily folded and manipulated as needed to fit the size of the wound or incision. In surface bleeding and surgical situations, the product quickly converts to a translucent gel that allows the physician or surgeon to monitor the coagulation process. The gel maintains a neutral pH level, which avoids damaging the surrounding tissue. In superficial bleeding situations, CelluSTAT can be bonded to an adhesive plastic bandage or integrated into a traditional gauze component to address a broad range of needs, including traumatic bleeding injuries and prolonged bleeding following hemodialysis.

 Potential Target Markets

 Our CelluSTAT material is currently cut to several sizes and configurations. While we have paused our commercial activities to focus on our Class III PMA application, our potential customer base includes, without limitation, the following:

 Hospitals and Surgery Centers for all Internal Surgical usage (in the event we obtain FDA Class III approval)

 Hospitals, Clinics and Physicians for external trauma

 EMS, Fire Departments and other First Responders

 Military Medical Care Providers

 Hemodialysis centers

 Nursing Homes and Assisted Living Facilities

 Dental and Oral & Maxillofacial Surgery Offices

 Veterinary hospitals

 Primary Strategy

 Our CelluSTAT technology received an FDA 510(k) approval in 2012 for use in external or superficial bleeding situations and we believe there is an opportunity for CelluSTAT products to address unmet needs in several medical applications that represent attractive commercial opportunities. However, the Class III human surgical markets, both domestic and international, represent the most attractive market for our products due to the smaller number of competitors offering Class III approved hemostatic agents and the resulting premium pricing for products that can meet the demanding requirements of the human surgical environment. We believe that our extensive laboratory testing and our completed human trial indicate that the CelluSTAT technology could successfully compete against established Class III market participants, and could gain a significant market share. As described above, we are in the process of seeking FDA pre-market approval for our CelluSTAT product. There can be no assurance that an FDA PMA will be granted.

 In anticipation of receiving a Class III PMA (which cannot be assured), we are evaluating paths to rapidly develop and grow our revenue and profits in all target market segments, with the objective of maximizing shareholder value. We do not intend to pursue the full commercialization of our products independently nor to remain an independent company in the long term. Options under consideration include (i) a sale or merger of the Company with an industry leader in the wound care and surgical device sectors, which may include a pre-sale collaboration on commercialization and distribution and (ii) one or more commercial partnerships with established market participants, without any specific, associated sale or merger transaction.

 The Company has been contacted by several medical technology companies that are active in the surgical equipment and hemostatic products sectors, and who have expressed an interest in the Company's products and business strategy. We continue to evaluate the potential commercial partnerships in anticipation of an FDA decision on our Class III PMA application. No assurances can be given that the Company will identify any commercialization candidate(s) or enter into a transaction.

 Manufacturing and Packaging of our Products

 The Company's products will be manufactured to our specifications through a contract manufacturing arrangement with an FDA certified supplier that maintains stringent quality control protocols to assure the uniformity and quality of all of our gauze products. Information on the manufacturing process and our manufacturer's facility has been submitted as part of our PMA submission. Our gauze products are cut to size, packaged and sterilized by service providers in the United States.

 Patents and Trademarks

 Our hemostatic gauze technology is protected through patents granted by the U.S. Patent and Trademark Office, which protection currently runs through 2029.

 The Company has registered trademarks and trademark applications for the following product formats:

 BooBoo Strips

 HEMOSTYP

 The Ultimate Bandage

 Hemostrip

 CelluSTAT

 Nik Fix

 Competition

 The wound care products market in the United States is concentrated among large and established companies such as Baxter International, Becton Dickinson & Company, Johnson & Johnson (Ethicon), Teleflex and 3M Company, each of which have greater capital and operational resources than us. Our hemostatic gauze product will directly compete in the hemostat and wound care markets served by these companies. In these markets, competitive factors include product performance, price, breadth of product offerings, value-added service programs, service and delivery, credit terms, and customer support.

 Government Regulation

 We are subject to oversight by various federal and state governmental entities and we are subject to, and affected by, a variety of federal and state laws, regulations and policies generally applicable to the healthcare and medical device industries. See Item 1A "Risk Factors – Risks Relating to Government Regulation – 'We are subject to extensive regulation by the FDA and must comply with the regulations of the FDA(including after the potential receipt of an FDA PMA), as well as state, local and applicable international regulations. Failure to do so could harm our business'; 'The healthcare industry is subject to extensive government regulation, which can result in increased costs, delays, limits on its operating flexibility and competitive disadvantages'; and 'Failure to comply with laws or government regulations could result in penalties'".

 Environmental Matters

 The Company may be subject to, or affected by, environmental legislation including, among others, the Toxic Substances Control Act, the Clean Air Act, the Clean Water Act, Compensation and Liability Act (CERCLA or Superfund) and the Resource Conservation and Recovery Act. There may be laws and regulations that exist or that may come to pass that may also have an impact on the Company in ways that we cannot foresee. Compliance with the multitude of regulations issued by federal, state, provincial and local administrative agencies that may apply to the Company can be burdensome and costly. To date, the Company has not been impacted by these laws and regulations.

 Research and Development Expenditures

 In the years ending December 31, 2024 and 2023 we incurred research and development expenditures of $355,936 and $598,810, respectively.

 Personnel

 As of March 26, 2025, we have three Company personnel working under consulting agreements.

 ITEM 1A. RISK FACTORS

 We are engaged in the development, sale and distribution of hemostatic gauze products to stop superficial bleeding. As we develop our business, there are numerous and varied risks, known and unknown, that may prevent us from achieving our goals. If any of these risks actually occur, our business, financial condition or results of operation may be materially adversely affected. In such case, the trading price of our common stock could decline, and investors could lose all or part of their investment.

 RISKS RELATED TO OUR BUSINESS

 We have a history of operating losses and we may continue to lose money in the future.

 For the years ended December 31, 2024 and 2023, the Company had a net loss of $2,001,733 and $2,623,267, respectively. We may continue to lose money in the future, and we will rely on financing to fund our business strategy for the foreseeable future as discussed in the Risk Factor " We will need additional financing to execute our business plan and fund operations, which may not be available".

 We can provide no assurances that the FDA will approve our Class III application for internal surgical procedures in the U.S. market for our CelluSTAT product.

 We are reliant on receiving Premarket Approval (PMA) from the FDA for our CelluSTAT product in order to implement our business strategy of targeting the surgical market. If we do not obtain a PMA for our CelluSTAT product, we will have to materially change our strategy, which we cannot assure we would be successful in doing. We filed our initial PMA application with the FDA in 2021, and after addressing FDA comments in the ensuing years following the COVID pandemic, we submitted our revised PMA application to the FDA in March 2024. The FDA responded, notifying us of certain deficiencies in our application, which we responded to and discussed with the FDA during 2024, and which we continue to address. See Item 1 "Business – Developments".

 We cannot be assured that our CelluSTAT product will meet the FDA requirements for Premarket Approval or that we will ever receive the requisite PMA to be able to commercialize our CelluSTAT product in the U.S. human surgical market.

 No assurances can be given that our plans to penetrate certain market segments will be successful.

 We continue to believe that the Class III surgical markets, both domestic and international, represent the most attractive market for our products due to the limited competition from other Class III approved Oxidized Regenerated Cellulose (ORC) products and the resulting premium pricing for hemostatic agents that can meet the demanding requirements of the human surgical environment. As of the filing date of this Form 10-K, the FDA review process is ongoing and we are preparing to submit an application for CE Mark approval in order to access the European and other markets. In the event we receive Class III and CE Mark approvals, which cannot be assured, we are evaluating the best paths to grow our revenue and profits in all potential markets, which could include one or more commercial partnerships and licensing agreements with established market participants or an acquisition/merger agreement with any such participants, each as an alternative to raising the necessary capital to establish and grow our own marketing and distribution capabilities via organic growth. We will carefully evaluate the returns on investment to create shareholder value of each of these strategies. No assurances can be given that our plans to penetrate all market segments or be acquired/merged with an established market participant will be successful on terms satisfactory to us, if at all.

 We can provide no assurances that ongoing discussions with potential commercial partners and acquirers will result in the occurrence of a specific transaction.

 The Company has been contacted by several medical technology companies that are active in the surgical equipment and hemostatic products sectors, and who have expressed an interest in the Company's products and business strategy. In response to these inbound contacts, and to maximize shareholder value, the Company continues to consider a range of strategic alternatives, which include, without limitation, entering into one or more commercial and distribution partnerships, a sale of the Company or a standalone growth plan. There can be no assurances that any specific transaction will occur as a result of these discussions. No assurances can be given that the Company will identify a suitable acquisition or commercialization partnership candidate(s) or complete any transaction on terms that are in the best interests of shareholders.

 We will need additional financing to execute our business plan and fund operations, which may not be available.

 We currently have a working capital deficit, minimal cash and limited sales of our products. As a result of the Company's financial position, we may not be able to execute our current business plan and fund business operations long enough to achieve profitability. Our ultimate success will depend upon our ability to raise additional capital. There can be no assurance that additional funds will be available when needed from any source or, if available, will be on terms that are acceptable to us.

 We will pursue required additional capital through various means, including commercial collaborations and debt or equity financings. Future financings through equity investments are likely to be dilutive to existing shareholders. Also, the terms of securities we may issue in future capital transactions may be more favorable for our new investors. Newly issued securities may include preferences, superior voting rights, the issuance of warrants or other derivative securities. The issuances of incentive awards under existing and future employee incentive plans, may have additional dilutive effects. Further, we may incur substantial costs in pursuing future capital raising and/or financing, including investment banking fees, legal fees, accounting fees, printing and distribution expenses and other costs. We may also be required to recognize non-cash expenses in connection with certain securities we may issue, such as convertible notes and warrants, which may adversely impact our financial condition.

 Our ability to obtain needed financing may be impaired by such factors as capital markets disruptions, both generally and specifically relating to the healthcare industry, and events that have a negative impact on existing and potential investors or funding sources. If the amount of capital we are able to raise from financing activities, together with our revenues from operations, is not sufficient to satisfy our capital needs we may be required to cease operations.

 No guarantee of market acceptance.

 Our success is dependent on market acceptance of our hemostatic gauze products. We cannot be certain that healthcare professionals and purchasing decision makers will conclude that our products offer a superior performance or value proposition, in any or all of the target markets we have identified, or that we will attain the level of market acceptance necessary to generate adequate revenues to cover our business costs and generate a return for investors.

 We may be dependent upon commercial relationships to conduct our operations and implement our strategy.

 Our proposed strategy includes the use of distribution and commercial partnerships to market and sell our hemostatic gauze products. We currently do not have any such commercial relationships. We may not be able to establish these relationships, or if established, we may not be able to maintain them. In addition, the dynamics of our relationships with strategic partners may require us to incur expenses or undertake activities we would not otherwise be inclined to in order to fulfill our obligations to these partners or maintain our relationships. If these relationships are not established or maintained, our business prospects may be limited, which could diminish our ability to conduct our operations. We can provide no assurances that distribution agreements will be entered into on terms satisfactory to us, if at all, or that our operations will be profitable as a result of these distribution agreements.

 We could experience difficulties in our supply chain.

 Our neutralized, oxidized, regenerated cellulose ("NORC") products are manufactured in Asia and the United States to our specifications. Unforeseen events at any manufacturing or packaging location may result in a disruption of production that could negatively impact our ability to supply our customers and generate revenues. We own certain specialized production equipment which is installed at our contract-manufacturer's location which is not readily available should we need to replace it. While we intend to maintain significant supplies of finished product inventory, any prolonged disruption our manufacturer's facility could have a material adverse impact on our operations and business.

 We are currently dependent on one hemostatic gauze product to generate income in the future.

 The Company's hemostatic gauze products are currently our sole source of potential revenue in the future. While we have multiple formats of this product and hope to access new markets upon receipt of a Class III PMA, we cannot provide assurance that our product will be accepted by potential customers or that new, superior hemostatic technologies will not be introduced that negatively impact the market perceptions of our own products. Unless we are able to develop or acquire additional product lines, the failure to develop a commercial market for this product line will materially adversely affect our operations.

 Our business may suffer if we do not attract and retain talented personnel.

 Our success will depend in large measure on the abilities, expertise, judgment, discretion, integrity and good faith of our management and other personnel in conducting our intended business. In addition, we depend on management and strategic consultants to correctly interpret and respond to market data, economic and other conditions to locate and adopt appropriate business opportunities. We presently have a small management team, which we intend to expand in conjunction with our planned operations and growth. We intend to ensure that management and any key personnel are appropriately compensated; however, their continued service to the Company cannot be guaranteed. If we are unable to attract and retain additional key management personnel and enter into satisfactory employment and other agreements, our business may be adversely affected.

 We may not be able to adequately protect our technologies or intellectual property rights.

 Our ability to achieve commercial or strategic success will depend in part on maintaining patent protection and trade secret protection of our technologies as well as successfully defending our intellectual property against third-party challenges. We will only be able to protect our technologies from unauthorized use by third parties to the extent that valid and enforceable patents or trade secrets cover them. Furthermore, the degree of future protection of our proprietary rights is uncertain because legal means afford only limited protection and may not adequately protect our rights or permit us to gain or keep our competitive advantage. Additionally, legal enforcement of intellectual property rights is costly and we may not have the financial resources to take the necessary legal action to protect our rights.

 If our intellectual property positions are challenged, invalidated, circumvented, or expire, or if we fail to prevail in future intellectual property litigation, our business could be adversely affected. We have created multiple variations of our gauze product and will protect each of these new generation platforms and product with additional intellectual property. Our success depends in part on our ability to defend our intellectual property rights. The patent positions of pharmaceutical and biotechnology companies can be highly uncertain and often involve complex legal, scientific, and factual questions. Third parties may seek to challenge, invalidate, or circumvent our intellectual property rights. In addition, our patent positions might not protect us against competitors with similar products or technologies because competing products or technologies may not infringe our patents. Also, there are third parties who have patents or pending patent applications that they may claim necessitate payment of a royalty or prevent us from commercializing our patent in certain territories. Patent disputes are frequent, costly and can preclude, delay, or increase the cost of commercialization of products.

 We have identified various material weaknesses in our internal control over financial reporting which could affect our ability to timely and accurately report our results of operations and financial condition. These material weaknesses may not have been fully remediated as of the filing date of this report and we cannot assure you that other material weaknesses will not be identified in the future.

 Our Chief Executive Officer and Principal Financial Officer have concluded that, as of December 31, 2024, we had material weaknesses in our internal controls over financial reporting and that, as a result, our disclosure controls and procedures and our internal controls over financial reporting were not effective at such date. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting that creates a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis.

 In addition, we believe that we continued to have material weaknesses in our internal control over financial reporting subsequent to December 31, 2024. See "Controls and Procedures" under Item 9A for a detailed discussion of the material weaknesses identified as of December 31, 2024 and possible material weaknesses as of subsequent periods. Although we are in the process of implementing remedial measures to address all of the identified material weaknesses, our assessment of the impact of these measures has not been completed as of the filing date of this report, and we cannot assure you that these measures will be adequate. Moreover, we cannot assure you that additional material weaknesses in our internal control over financial reporting will not arise or be identified in the future.

 As a result, we must continue to improve our operational, information technology, and financial systems, infrastructure, procedures, and controls, as well as continue to expand, train, retain, and manage our employee base. Any failure to do so, or any difficulties we encounter during implementation, could result in additional material weaknesses or in material misstatements in our financial statements. These misstatements could result in a future restatement of our financial statements, could cause us to fail to meet our reporting obligations, or could cause investors to lose confidence in our reported financial information, leading to a decline in our stock price.

 Our independent registered public accounting firm has expressed substantial doubt about our ability to continue as a going concern. This could make it more difficult for us to raise funds and adversely affect our relationships with creditors, investors and suppliers.

 Our auditors believe that substantial doubt exists regarding our ability to remain in business. We cannot provide any assurance that we will in fact operate our business profitably or obtain sufficient financing to sustain our business in the event we are not successful in our efforts to generate sufficient revenue and operating cash flow. The expression of such doubt by our independent registered public accounting firm or our inability to overcome the factors leading to such doubt could have a material adverse effect on our relationships with prospective customers, creditors, investors and suppliers, and therefore could have a material adverse effect on our business.

 RISKS RELATED TO GOVERNMENT REGULATION

 We are subject to extensive regulation by the FDA and must comply with the regulations of the FDA (including after the potential receipt of an FDA PMA), as well as state, local and applicable international regulations. Failure to do so could harm our business.

 Our CelluSTAT products are subject to extensive regulation by the FDA. These regulations relate to manufacturing, labeling, sale, promotion, distribution and shipping. Before a new medical device, or a new intended use of a legally marketed device, can be marketed in the United States, it must be cleared or approved by the FDA through the applicable 510(k) premarket notification submission, granting of a de novo request, or Premarket Approval (PMA)), unless an exemption applies. The clearance and approval process is expensive, time-consuming, and uncertain. Failure to comply with applicable regulatory requirements of the FDA can result in an enforcement action, which could include a variety of sanctions, including fines, injunctions, civil penalties, recall or seizure of our products, operating restrictions, partial suspension, or total shutdown of production and criminal prosecution. The FDA may change its clearance and approval policies, adopt additional regulations or revise existing regulations, or take other actions, that may prevent or delay approval or clearance of our products or impact our ability to modify our products after clearance on a timely basis. Such policy or regulatory changes could impose additional requirements upon us that could delay our ability to obtain clearance for our products, increase the costs of compliance or restrict our ability to maintain products after clearance.

 The FDA has substantial discretion in the PMA approval process. The FDA can limit or deny approval of a product for many reasons, including, but not limited, to:

 a product may not be deemed to be safe and effective;

 the FDA may not find the data from clinical trials and preclinical studies sufficient;

 the opportunity for bias in the clinical trials as a result of the open-label design may not be adequately handled and may cause our trial to fail;

 the FDA may not approve suppliers' processes or facilities; or

 the FDA may change its approval policies or adopt new regulations.

 In addition, regulatory clearance or approval by the FDA does not ensure registration, clearance, approval, or certification by comparable foreign regulatory authorities. Complying with foreign regulatory requirements, including obtaining registrations, clearances, approvals, or certifications, can be expensive and time consuming, and we may not receive regulatory clearances, approvals, or certifications in each country or region in which we plan to market our products or we may be unable to do so on a timely basis. In turn, this could limit our ability to expand into international markets, which could have a material adverse effect on our business, financial condition, and results of operations.

 The healthcare industry is subject to extensive government regulation, which can result in increased costs, delays, limits on its operating flexibility and competitive disadvantages.

 The healthcare industry is generally subject to extensive regulatory requirements. Adhering to these requirements generally carries significant costs to industry participants, including our Company. Given our limited financial resources, these significant costs may adversely affect our business and financial results. If we are unable to pass on these costs through our product pricing they would negatively impact our profit margin.

 Healthcare insurance legislation may lead to unintended adverse effects for businesses involved in our industry. New legislation that gives the Federal government greater regulatory powers may lead to negative consequences for certain aspects of our business. The full scope of the ongoing uncertainty in healthcare related legislation may not be known for several years, making it difficult to predict the future consequences that would create challenges to our Company, or if we can overcome them.

 Failure to comply with laws or government regulations could result in penalties.

 Certain government requirements for technologies in the healthcare market may require licensure or mandatory minimum standards relating to the provision of products and services. Failure to comply with these requirements could materially affect our ability to expand into new or existing markets. Future regulatory developments may also cause disruptions to our operations.

 GENERAL RISK FACTORS

 We are subject to the reporting requirements of the federal securities laws, which can be expensive.

 We are a public reporting company and, accordingly, subject to the information and reporting requirements of the Exchange Act and other federal and state securities laws, including compliance with the Sarbanes-Oxley Act of 2002. The costs of preparing and filing annual and quarterly reports, proxy statements and other information with the SEC and furnishing audited reports to stockholders significantly increase our operating costs.

 It is time consuming, difficult and costly for us to develop and implement the internal controls and reporting procedures required by the Sarbanes-Oxley Act. We may need to hire additional financial reporting, internal controls and other finance personnel in order to develop and implement appropriate internal controls and reporting procedures. If we are unable to comply with the internal control's requirements of the Sarbanes-Oxley Act, we may not be able to obtain the independent accountant certifications required by that Act.

 Public company compliance requirements may make it more difficult to attract and retain officers and directors.

 The Sarbanes-Oxley Act and rules subsequently implemented by the SEC have required changes in corporate governance practices of public companies. Compliance with the new rules and regulations increases our operating costs and makes certain activities more time consuming and costly than if we were not a public company. As a public company, these new rules and regulations make it more difficult and expensive for us to obtain director and officer liability insurance. As a result, it may be more difficult for us to attract and retain qualified persons to serve on our Board of Directors or as executive officers.

 There exist risks to stockholders relating to dilution: authorization of additional securities and reduction of percentage share ownership following investment.

 To the extent that additional shares of common stock are issued, our existing stockholders would experience dilution of their respective ownership interests in the Company. Additionally, if the Company issues a substantial number of shares of common stock in connection with or following an investment, a change in control of the Company may occur which may affect, among other things, the Company's ability to utilize net operating loss carry forwards, if any. Furthermore, the issuance of a substantial number of shares of common stock may adversely affect prevailing market prices for our common stock and could impair the Company's ability to raise additional capital through the sale of its equity securities. The Company has in the past and may in the future compensate certain consultants and other service providers using our shares of common stock, which would result in further dilution for our existing stockholders.

 Our stock price may be volatile.

 The market price of our common stock is likely to be highly volatile and could fluctuate widely in response to various factors, many of which are beyond our control, including the following:

 changes in the healthcare industry;

 competitive pricing pressures;

 our ability to obtain working capital financing;

 additions or departures of key personnel;

 our ability to execute our business plan;

 operating results that fall short of expectations;

 loss of certain material strategic relationships;

 regulatory developments;

 economic and other external factors, including among others, effects on the markets; and

 period-to-period fluctuations in our financial results.

 In addition, the securities markets have from time-to-time experienced significant price and volume fluctuations that are unrelated to the operating performance of particular companies. These market fluctuations may also materially and adversely affect the market price of our common stock.

 We have not paid dividends in the past and do not expect to pay dividends in the future. Any return on investment may be limited to changes in the value of our common stock.

 We have never paid cash dividends on our common stock and do not anticipate doing so in the foreseeable future. The payment of cash dividends on our common stock will depend on earnings, financial condition and other business and economic factors affecting us at such time as our board of directors may consider relevant. If we do not pay dividends, return on investment will only occur if our stock price appreciates.

 There is currently no established market for our common stock, and we cannot ensure that one will ever develop or be sustained.

 The Company's common stock is quoted on the OTC Pink. Management considers the market for our common stock to be limited. We can provide no assurances that an established trading market for our common stock will exist in the future.

 Our common stock is deemed a "penny stock", which may make it more difficult for our investors to sell their shares.

 Our common stock is subject to the "penny stock" rules adopted under Section 15(g) of the Securities Exchange Act of 1934. The penny stock rules apply to companies whose common stock is not listed on a national securities exchange and trades at less than $5.00 per share or that have tangible net worth of less than $5,000,000 ($2,000,000 if the company has been operating for three or more years). These rules require, among other things, that brokers who trade penny stock to persons other than "established customers" complete certain documentation, make suitability inquiries of investors and provide investors with certain information concerning trading in the security, including a risk disclosure document and quote information under certain circumstances. Many brokers have decided not to trade penny stocks because of the requirements of the penny stock rules and, as a result, the number of broker-dealers willing to act as market makers in such securities is limited. If we remain subject to the penny stock rules for any significant period, it could have an adverse effect on the market, if any, for our securities. Inasmuch as our securities are subject to the penny stock rules, investors may find it more difficult to dispose of our securities.

 Offers or availability for sale of a substantial number of shares of our common stock may cause the price of our common stock to decline.

 If certain of our stockholders seek to sell substantial amounts of our common stock in the public market upon the expiration of any holding period under Rule 144, or expiration of lock-up periods applicable to outstanding shares, or issued upon the exercise of outstanding options or warrants, it could create a circumstance commonly referred to as an "overhang" and in anticipation of which the market price of our common stock could fall. The existence of an overhang, whether or not sales have occurred or are occurring, also could impair our ability to raise additional financing through the sale of equity or equity-related securities in the future at a time and price that we deem reasonable or appropriate.

 ITEM 1B. UNRESOLVED STAFF COMMENTS

 None

 ITEM 1C. CYBERSECURITY

 Since 2018 the Company has been primarily focused on pursuing FDA Pre-Market Approval (PMA) for its CelluSTAT products to enable it to access the Class III surgical markets and has de-emphasized its commercial operations. We have fewer than 10 employees and consultants and currently use third-party vendors and service providers for certain product development and regulatory approval activities. Most of the information generated and collected by the Company is stored and maintained by these third-party vendors and service providers. Each of these providers has demonstrated its own cybersecurity protocols which our management believes to be adequate for protecting the Company's digital files in their possession. Our CEO (who is also one of the Company's directors) and VP of Finance are responsible for assessing and managing cybersecurity risks. Neither of them have cybersecurity expertise. Due to the current small size and limited commercial operations of the Company, we have no formal cybersecurity policies and processes in place, however, the Board and management believe cybersecurity represents an important component of the Company's overall approach to risk management and oversight.

 Cybersecurity threats have not materially affected, and are not reasonably likely to affect, the Company, including its business strategy, results of operations or financial condition while we are strategically focused on pursuing FDA PMA approval and have minimal commercial operations. The Company is not aware of any material security breach to date. Accordingly, the Company has not incurred any expenses over the last two years relating to information security breaches. The occurrence of cyber-incidents, or a deficiency in our cybersecurity or in those of any of our third-party service providers could negatively impact our business by causing a disruption to our operations, a compromise or corruption of our confidential information and systems, or damage to our business relationships or reputation, all of which could negatively impact our business and results of operations. There can be no assurance that the Company's third-party vendors' and service providers' cybersecurity risk management processes, including their policies, controls or procedures, will be effective in protecting the Company's systems and information.

 ITEM 2. PROPERTIES

 Since May 2023, the Company has leased approximately 1,800 square feet of office space in Mt. Laurel, New Jersey that is used as the principal executive office.

 The Company is a virtual company with personnel in three states, largely working remotely.

 ITEM 3. LEGAL PROCEEDINGS

 None.

 ITEM 4. MINE SAFETY DISCLOSURES

 Not applicable.

 ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

 Market information

 The common shares of the Company are quoted on the OTC Pink under the symbol UEEC. There is no established trading market for our common shares and there has been only limited trading activity to date. The following table sets forth the high and low sales price of the common stock on a quarterly basis for the periods presented, rounded to the nearest penny.

 High

 Low

 For Year Ended 2024

 First Quarter

 $
 0.25

 $
 0.18

 Second Quarter

 $
 0.21

 $
 0.15

 Third Quarter

 $
 0.19

 $
 0.11

 Fourth Quarter

 $
 0.15

 $
 0.05

 For Year Ended 2023

 First Quarter

 $
 0.30

 $
 0.19

 Second Quarter

 $
 0.34

 $
 0.17

 Third Quarter

 $
 0.34

 $
 0.23

 Fourth Quarter

 $
 0.29

 $
 0.20

 Holders

 As of March 26, 2025, there were approximately 408 holders of record of the Company's issued and outstanding shares of common stock.

 Dividends

 The Company has not paid any dividends to date, has not yet generated earnings sufficient to pay dividends, and currently does not intend to pay dividends in the foreseeable future.

 Stock Issuances

 The following table summarizes all sales and issuances by the Company of unregistered securities during the year ended December 31, 2024. The securities in the below-referenced transactions were (i) issued without registration and (ii) were subject to restrictions under the Securities Act and the securities laws of certain states, in reliance on the private offering exemptions contained in Sections 4(a)(2), 4(a)(6) and/or 3(b) of the Securities Act and on Regulation D promulgated under the Securities Act, and in reliance on similar exemptions under applicable state laws as transactions not involving a public offering. No placement or underwriting fees were paid in connection with these transactions. All cash proceeds from the sale of securities were used for working capital and general corporate purposes.

 Date of Sale

 Title of Security

 Number Sold

 Consideration Received

 Purchaser/Recipient

 January 2024

 600,000

 $122,627 in cash

 February 2024

 850,000

 $164,973 in cash

 March 2024

 600,000

 $103,625 in cash

 April 2024

 1,100,000

 $183,082 in cash

 May 2024

 150,000

 $22,032 in cash

 June 2024

 150,000

 $20,476 in cash

 August 2024

 $71,616 in cash

 White Lion (2)

 September 2024

 900,000

 $123,210 in cash

 White Lion (2)

 October 2024

 450,000

 $40,539 in cash

 White Lion (2)

 December 2, 2024

 Unit

 700,000

 $56,000 in cash

 Accredited investor (3)

 December 3, 2024

 Unit

 125,000

 $10,000 in cash

 Accredited investor (3)

 (1)

 Issued by the Company to White Lion Capital, LLC pursuant to the terms of the Common Stock Purchase Agreement dated September 1, 2022, as amended January 25, 2023.

 (2)

 Issued by the Company to White Lion Capital, LLC pursuant to the terms of the Common Stock Purchase Agreement dated September 1, 2022, as amended June 20, 2024.

 (3)

 Issued to accredited investors pursuant to subscription agreements and warrant agreements dated as shown above. Each Unit consists of 1 share of common stock and warrant to purchase an additional share at $0.14/share until December 31, 2026.

 Description of Our Capital Stock

 The following description of our capital stock is a summary only and is qualified by reference to our Certificate of Incorporation and Bylaws, which are included as Exhibits 3.1, 3.2, 3.3 and 3.4 to this report.

 General

 Our authorized capital stock consists of (i) 300,000,000 shares of common stock, with a par value of $0.001 per share and (ii) 1,000,000 shares of Series A preferred stock with par value of $0.001. As of March 26, 2025, there were 252,408,222 shares of common stock and no shares of Series A preferred stock issued and outstanding.

 Each holder of Common Stock will be entitled to one vote for each share of Common Stock held of record by such holder with respect to all matters to be voted on or consented to by our stockholders, except as may otherwise be required by applicable Nevada law. The stockholders will not have pre-emptive rights under our Certificate of Incorporation to acquire additional shares of Common Stock or other securities. The Common Stock will not be subject to redemption rights and will carry no subscription or conversion rights. In the event of liquidation of the Company, the stockholders will be entitled to share in corporate assets on a pro rata basis after the Company satisfies all liabilities and after provision is made for each class of capital stock having preference over the Common Stock (if any). Subject to the laws of the State of Nevada, and the rights of the holders of any outstanding series of preferred stock (if any), the Board of Directors will determine, in their discretion, to declare dividends advisable and payable to the holders of outstanding shares of Common Stock.

 Transfer Agent and Registrar

 Pacific Stock Transfer Company is the registrar and transfer agent for our shares of common stock. Its address is 6725 Via Austi Pkwy, Suite 300, Las Vegas, NV 89119, United States; Telephone: (800) 785-7782.

 ITEM 6. [RESERVED]

 ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

 You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and related notes appearing elsewhere in this Annual Report on Form 10-K. This discussion and analysis contain forward-looking statements that involve risks, uncertainties and assumptions. The actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including, but not limited to, those set forth under 'Risk Factors' and elsewhere in this Annual Report on Form 10-K.

 Executive Level Overview

 The Company develops, manufactures, and markets CelluSTAT, the Company's patented hemostatic gauze designed to absorb exudate and help control bleeding from superficial wounds. Made from cotton, our gauze provides an effective solution for wound care and hemostasis in various healthcare settings.

 The Company is actively working to expand our market reach by securing regulatory approvals for use in human surgical applications. It is in the process of seeking U.S. Class III approval from the Food and Drug Administration (FDA) and CE Mark certification in Europe. These approvals would allow the Company to introduce its hemostatic gauze product line into the surgical market, where the Company's management believes it can make a meaningful impact on patient care.

 See Item 1 "Business – Developments" for a discussion about the Company's efforts in seeking FDA Premarket Approval for its CelluSTAT product.

 Results of Operations years ending December 31, 2024 and 2023

 The following table sets forth a summary of certain key financial information for the years ended December 31, 2024 and 2023:

 2024

 2023

 Revenue

 $
 -

 $
 -

 Gross profit

 $
 -

 $
 -

 Operating (expenses)

 $
 (2,007,572
)

 $
 (2,426,539
)

 Operating (loss)

 $
 (2,007,572
)

 $
 (2,426,539
)

 Other income (expense)

 $
 5,839

 $
 (196,728
)

 Net (loss)

 $
 (2,001,733
)

 $
 (2,623,267
)

 Basic and diluted

 $
 (0.01
)

 $
 (0.01
)

 Year ended December 31, 2024 versus year ended December 31, 2023

 During the year ended December 31, 2024 and 2023, the Company had $0 revenues, respectively. The Company did not generate any revenues in the current year due to the continued focus of the Company's capital and resources towards obtaining a Class III PMA.

 Operating Expenses

 Total operating expenses for the year ended December 31, 2024 and 2023 were $2,007,572 and $2,426,539, respectively.

 The decrease in operating expenses was primarily due to a decrease of $462,500 in litigation settlement expenses, a decrease of $126,407 in legal and professional expenses and a decrease of $242,874 in research and development expenses during the year ended December 31, 2024 offset by an increase of $375,000 in stock compensation expense related to the vesting of RSU's and an increase of $33,598 for the write-down of obsolete inventory.

 Other income (expense)

 Other income (expense) for the year ended December 31, 2024 and 2023 was $5,839 and $(196,728), respectively. The change in other income (expense) was primarily due to the Company having a $115,085 gain on settlement of debt in the current year and having a loss on settlement of debt of $80,532 in the prior year.

 The net loss for the year ended December 31, 2024 was $2,001,733 as compared to a net loss of $2,623,267 for the prior year. The decrease in the net loss was due to the Company having a decrease in operating expenses of $418,967 offset by an increase in other income (expense) of $202,567 during the year ended December 31, 2024 to $5,839, as explained above.

 Liquidity and Capital Resources

 As of December 31, 2024, the Company had a negative working capital of $1,449,469. The Company has not yet attained a level of operations, and for the foreseeable future will not achieve commercial operations, which will allow it to meet its current overhead expense obligations. The report of our independent registered public accounting firm on our 2024 and 2023 financial statements includes an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The Company generated no revenue during the years ended December 31, 2024 and 2023 due to focusing its capital and resources towards seeking a Class III PMA for its CelluSTAT technology. There can be no assurance that adequate financing will continue to be available to the Company and, if available, on terms that are favorable to the Company. Our ability to continue as a going concern is also dependent on many events outside of our direct control, including, among other things, our ability to achieve our business goals and objectives, as well as improvement in the economic climate.

 As discussed in Note 6 of the financial statements, the Company entered into a common stock purchase agreement ("CSPA") with White Lion, which gives the Company the right, but not the obligation, to require White Lion to purchase up to $10,000,000 of the Company's common stock, subject to certain limitations and conditions set forth in the CSPA. As of the date of this filing, the Company has received approximately $3.2 million in proceeds from White Lion which the Company has used to pay for its operations and finalization of its Class III PMA application. The sale of additional equity or convertible debt securities would be dilutive to our shareholders. In addition, economic conditions and actions by policymaking bodies are contributing to rising interest rates and significant capital market volatility, which, along with increases in our borrowing levels, could increase our future borrowing costs.

 Cash Flows

 The Company's cash on hand as of December 31, 2024 and 2023 was $168,883 and $95,420, respectively.

 The following table summarizes selected items from our statements of cash flows for the years ended December 31, 2024 and 2023:

 2024

 2023

 Net cash used in operating activities

 $
 (1,194,716
)

 $
 (2,200,645
)

 Net cash used in investing activities

 -

 (2,850
)

 Net cash provided by financing activities

 1,268,179

 2,285,538

 Net increase (decrease) in cash and cash equivalents

 $
 73,463

 $
 82,043

 Net Cash Provided by (Used in) Operating Activities

 Net cash used in operating activities for the year ended December 31, 2024 was $1,194,716. The Company had a net loss of $2,001,733 and a gain on settlement of debt of $115,085 offset by amortization expense of $4,050, stock for services and compensation of $375,000, write-off of inventory of $33,598, amortization of right-of-use asset of $586, a decrease in prepaid and other current assets of $4, an increase in accrued liabilities - related party of $76,924, an increase in accrued compensation of $355,750 and an increase in accounts payable and accrued expenses of $76,190.

 Net cash used in operating activities for the year ended December 31, 2023 was $2,200,645. The Company had net loss of $2,623,267 offset by amortization expense of $4,050, amortization of right-of-use asset of $807, amortization of debt discount of $32,992, stock issued for litigation settlement of $462,500, a loss on debt settlement of $80,532, a decrease in inventory of $1,132, a decrease in prepaid and other current assets of $128 and an increase in accrued liabilities - related party of $53,569 and an increase in accrued compensation of $246,577. The Company also had a decrease in accounts payable and accrued expenses of $159,665 and a decrease in accrued litigation settlement of $300,000.

 Net Cash Provided by (Used in) Investing Activities

 The Company did not have any investing activities during the year ended December 31, 2024.

 The Company paid $2,850 related to a security deposit during the year ended December 31, 2023.

 Net Cash Provided by (Used in) Financing Activities

 Net cash provided by financing activities for the year ended December 31, 2024 was $1,268,179. This was due to the result of the Company receiving net proceeds of $863,579 from the sale of common stock offset by making payments of $11,400, proceeds of $66,000 from the sale of units, $200,000 in proceeds from a convertible note payable, and $150,000 in proceeds from a promissory note payable.

 Net cash provided by financing activities for the year ended December 31, 2023 was $2,285,538. This was due to the result of the Company receiving net proceeds of $2,326,674 from the sale of stock offset by making payments of offering costs of $17,400, repayments of $19,136 on a loan payable, and repayments of $4,000 on a loan payable – related party.

 Off-Balance Sheet Arrangements

 As of December 31, 2024 and 2023, we had no off-balance sheet arrangements.

 Related Parties

 Information concerning related party transactions is included in the financial statements and related notes, appearing elsewhere in this Annual Report on Form 10-K.

 Critical Accounting Estimates

 The preparation of financial statements in conformity with generally accepted accounting principles of the United States ("GAAP") requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses in the financial statements and accompanying notes. Critical accounting estimates are those estimates made in accordance with GAAP that involve a significant level of estimation uncertainty and have had or are reasonably likely to have a material impact on the financial condition or results of operations of the Company. Based on this definition, we have the critical accounting estimates identified below. We also have other key accounting policies, which involve the use of estimates, judgments, and assumptions that are significant to understanding our results which are found in Note 2 – Significant Accounting Policies of the accompanying financial statements. Although we believe that our estimates, assumptions, and judgments are reasonable, they are based upon information presently available. Actual results may differ significantly from these estimates under different assumptions, judgments, or conditions.

 Stock-Based Compensation

 The Company accounts for stock-based compensation under the provisions of ASC 718, Compensation-Stock Compensation. Stock-based compensation expense for employees and non-employees is measured at the grant date fair value. Stock-based compensation for all stock-based awards to employees and directors is recognized as an expense over the requisite service period, which is generally the vesting period.

 Recent Accounting Pronouncements

 See Note 2, "Significant Accounting Policies".

 ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

 Smaller reporting companies are not required to provide the information required by this Item.

 ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

 The financial statements required by Item 8 can be found beginning on Page F-2 of this report.

 INDEX TO FINANCIAL STATEMENTS AND SUPPLEMENTAL DATA

 Page

 Report of Independent Registered Public Accounting Firms (Firm ID 6258)

 Financial Statements of United Health Products, Inc.

 Balance Sheets as of December 31, 2024 and 2023

 Statements of Operations for the years ended December 31, 2024 and 2023

 Statements of Stockholders' Deficiency for the years ended December 31, 2024 and 2023

 Statements of Cash Flows for the years ended December 31, 2024 and 2023

 Notes to Financial Statements

 Report of Independent Registered Public Accounting Firm

 To the Board of Directors and Stockholders
 United Health Products, Inc.

 Opinion on the Financial Statements

 We have audited the accompanying balance sheets of United Health Products, Inc. as of December 31, 2024 and 2023, and the related statements of operations, stockholders' deficiency, and cash flows for the years then ended, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of Untied Health Products, Inc. as of December 31, 2024 and 2023, and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

 Going Concern

 The accompanying financial statements have been prepared assuming that the entity will continue as a going concern. As discussed in Note 2 to the financial statements, the entity has suffered recurring losses from operations and has a net capital deficiency that raise substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 Basis for Opinion

 These financial statements are the responsibility of the entity's management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to United Health Products, Inc. in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

 We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. United Health Products, Inc. is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control over financial reporting. Accordingly, we express no such opinion.

 Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

 Critical Audit Matters

 Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

 /s/ Mac Accounting Group & CPAs, LLP

 We have served as United Health Products, Inc.'s auditor since 2019.

 Midvale, Utah
 March 28, 2025

 UNITED HEALTH PRODUCTS, INC.
 Balance Sheets

 2024

 2023

 ASSETS

 Current Assets

 Cash and Cash Equivalents

 $
 168,883

 $
 95,420

 Inventory

 -

 33,598

 Prepaid and other current assets

 22,800

 22,804

 Total current assets

 191,683

 151,822

 Deferred offering costs

 -

 21,051

 Operating lease right-of-use asset

 47,096

 76,520

 Security deposit

 2,850

 2,850

 Patents, net

 28,350

 32,400

 TOTAL ASSETS

 $
 269,979

 $
 284,643

 Current Liabilities

 Accounts payable and accrued expenses

 $
 830,672

 $
 869,567

 Accrued liabilities - related parties

 168,649

 91,725

 Accrued compensation

 608,500

 252,750

 Operating lease liability - current

 33,331

 28,838

 Convertible notes payable, net of debt discount

 -

 207,500

 Convertible notes payable – related party, net of debt discount

 -

 Total current liabilities

 1,641,152

 1,950,380

 Convertible notes payable, net of debt discount

 557,500

 -

 Convertible notes payable – related party, net of debt discount

 -

 Operating lease liability – long-term

 15,158

 48,489

 TOTAL LIABILITIES

 2,713,810

 1,998,869

 Commitments and Contingencies

 -

 -

 Stockholders' Deficit

 Series A Convertible Preferred Stock - $ 0.001 par value, 1,000,000 shares Authorized and 0 shares issued and outstanding

 -

 -

 Common Stock - $ 0.001 par value, 300,000,000 shares Authorized, 252,408,222 and 244,783,222 shares issued and outstanding at December 31, 2024 and December 31, 2023

 252,408

 244,783

 Additional Paid-In Capital

 76,004,704

 74,740,201

 Accumulated Deficit

 ( 78,700,943
)

 ( 76,699,210
)

 Total Stockholders' Deficit

 ( 2,443,831
)

 ( 1,714,226
)

 TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT

 $
 269,979

 $
 284,643

 See notes to financial statements.

 UNITED HEALTH PRODUCTS, INC
 Statements of Operations

 2024

 2023

 Revenues

 $
 -

 $
 -

 Operating Costs and Expenses

 Selling, general and administrative expenses

 1,651,636

 1,827,729

 Research and development expenses

 355,936

 598,810

 Total Operating Expenses

 2,007,572

 2,426,539

 Loss from Operations

 ( 2,007,572
)

 ( 2,426,539
)

 Other income (expenses)

 Interest expense

 ( 32,322
)

 ( 40,512
)

 Interest expense – related party

 ( 76,924
)

 ( 75,684
)

 Gain (loss) on settlement of debt

 115,085

 ( 80,532
)

 Total Other Income (Expense)

 5,839

 ( 196,728
)

 Income tax expense

 -

 -

 Net Loss

 $
 ( 2,001,733
)

 $
 ( 2,623,267
)

 Net Loss per common share:

 Basic and diluted

 $
 ( 0.01
)

 $
 ( 0.01
)

 Weighted average number of shares outstanding

 248,173,249

 239,080,282

 See notes to financial statements.

 UNITED HEALTH PRODUCTS, INC
 Statement of Stockholders' Deficiency
 For the Years Ended December 31, 2024 and 2023

 Additional

 Paid-in

 Subscription

 Accumulated

 Shares

 Amount

 Capital

 Receivable

 Deficit

 Total

 Balance at December 31, 2022

 230,871,034

 $
 230,871

 $
 71,830,695

 $
 ( 50,550
)

 $
 ( 74,075,943
)

 $
 ( 2,064,927
)

 Sale of common stock, net of $17,400 of offering costs

 10,145,000

 10,145

 2,247,979

 50,550

 -

 2,308,674

 Common stock issued to settle accrued liabilities – related party

 1,204,688

 1,204

 269,827

 -

 -

 271,031

 Common stock issued to settle accrued liabilities

 712,500

 153,038

 -

 -

 153,751

 Common stock issued for litigation settlement

 1,850,000

 1,850

 460,650

 -

 -

 462,500

 Amortization of deferred offering costs

 -

 -

 ( 221,988
)

 -

 -

 ( 221,988
)

 Net Loss

 -

 -

 -

 -

 ( 2,623,267
)

 ( 2,623,267
)

 Balance at December 31, 2023

 244,783,222

 244,783

 74,740,201

 -

 ( 76,699,210
)

 ( 1,714,226
)

 Sale of common stock, net of $11,400 of offering costs

 5,300,000

 5,300

 846,879

 -

 -

 852,179

 Sale of units for cash

 825,000

 65,175

 -

 -

 66,000

 Vesting of restricted stock units

 1,500,000

 1,500

 373,500

 -

 -

 375,000

 Amortization of deferred offering costs

 -

 -

 ( 21,051
)

 -

 -

 ( 21,051
)

 Net Loss

 -

 -

 -

 -

 ( 2,001,733
)

 ( 2,001,733
)

 Balance at December 31, 2024

 252,408,222

 $
 252,408

 $
 76,004,704

 $
 -

 $
 ( 78,700,943
)

 $
 ( 2,443,831
)

 See notes to financial statements.

 UNITED HEALTH PRODUCTS, INC
 Statements of Cash Flows

 2024

 2023

 Cash Flows from Operating Activities:

 Net Loss

 $
 ( 2,001,733
)

 $
 ( 2,623,267
)

 Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:

 Stock for services and compensation

 375,000

 -

 Write-off of inventory

 33,598

 -

 (Gain) loss on settlement of debt

 ( 115,085
)

 80,532

 Amortization of right-of-use asset

 Stock issued for litigation settlement

 -

 462,500

 Amortization of debt discount

 -

 32,992

 Amortization expense

 4,050

 4,050

 Changes in assets and liabilities:

 Inventory

 -

 1,132

 Prepaid and other current assets

 Accounts payable and accrued expenses

 76,190

 ( 159,665
)

 Accrued compensation

 355,750

 246,577

 Accrued litigation settlement

 -

 ( 300,000
)

 Accrued liabilities – related party

 76,924

 53,569

 Net Cash Used In Operating Activities

 ( 1,194,716
)

 ( 2,200,645
)

 Cash Flows from Investing Activities:

 Security deposit

 -

 ( 2,850
)

 Net Cash Used In Investing Activities

 -

 ( 2,850
)

 Cash Flows from Financing Activities:

 Repayment on loan payable - related parties

 -

 ( 4,000
)

 Repayments on loan payable

 -

 ( 19,136
)

 Proceeds from promissory note payable

 150,000

 -

 Proceeds from convertible notes payable

 200,000

 -

 Payment of offering costs

 ( 11,400
)

 ( 17,400
)

 Proceeds from sale of common stock

 863,579

 2,326,074

 Proceeds from sale of units

 66,000

 -

 Net Cash Provided By Financing Activities

 1,268,179

 2,285,538

 Increase (decrease) in Cash and Cash Equivalents

 73,463

 82,043

 Cash and Cash Equivalents - Beginning of period

 95,420

 13,377

 CASH AND CASH EQUIVALENTS - END OF PERIOD

 $
 168,883

 $
 95,420

 Supplemental cash flow information:

 Cash paid for interest

 $
 -

 $

 Cash paid for income taxes

 $
 -

 $
 -

 Schedule of Non-Cash Financing Activities:

 Common stock issued to settle accrued liabilities – related party

 $
 -

 $
 218,250

 Common stock issued to settle accounts payable and accrued liabilities

 $
 -

 $
 126,000

 Accounts payable and accrued expenses paid with promissory note payable

 $
 -

 $
 10,000

 Initial recognition of operating lease right-of-use asset and operating lease liability

 $
 -

 $
 92,425

 Amortization of deferred offering costs

 $
 21,051

 $
 221,988

 Transfer of promissory note payable to convertible note

 $

 150,000

 $

 -

 See notes to financial statements.

 UNITED HEALTH PRODUCTS, INC.
 NOTES TO FINANCIAL STATEMENTS
 FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

 Note 1. Description of the Business

 The Company develops, manufactures, and markets a patented hemostatic gauze for the healthcare and wound care sectors. Our gauze product, CelluSTAT (formerly branded as HemoStyp), is derived from cotton and designed to absorb exudate/drainage from superficial wounds and help control bleeding. We are in the process of seeking regulatory approval to sell our hemostatic gauze product line into the U.S. Class III human surgical markets.

 Note 2. Significant Accounting Policies

 Going Concern

 The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company has incurred recurring net losses, negative working capital and operations have not provided cash flows. Additionally, the Company does not currently have sufficient revenue producing operations to cover its operating expenses and meet its current obligations. In view of these factors, there is substantial doubt about the Company's ability to continue as a going concern. The Company intends to finance its future development activities and its working capital needs largely from the sale of public equity securities with some additional funding from other traditional financing sources, including term notes, until such time that funds provided by operations are sufficient to fund working capital and other business requirements. The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

 Basis of Presentation

 The Company prepares its financial statements on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America.

 Use of Estimates

 The preparation of financial statements in conformity with generally accepted accounting principles requires the Company's management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reported period. Changes in the economic environment, financial markets, as well as in the healthcare industry, and any other parameters used in determining these estimates, could cause actual results to differ.

 Cash and Cash Equivalents

 The Company considers all highly liquid debt investments purchased with a maturity of three months or less to be cash equivalents.

 Fair Value Measurements

 Accounting principles generally accepted in the United States define fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. Additionally, the inputs used to measure fair value are prioritized based on a three-level hierarchy. This hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:

 Level 1 — Quoted prices in active markets for identical assets or liabilities.

 Level 2 — Observable inputs other than quoted prices included in Level 1. We value assets and liabilities included in this level using dealer and broker quotations, bid prices, quoted prices for similar assets and liabilities in active markets, or other inputs that are observable or can be corroborated by observable market data.

 Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.

 Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2024 and 2023. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

 Income Taxes

 The Company accounts for income taxes using a method that requires recognition of deferred tax assets and liabilities for expected future tax consequences of temporary differences that currently exist between tax bases and financial reporting bases of the Company's assets and liabilities which is commonly known as the asset and liability method. In assessing the ability to realize deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized.

 The Company evaluates its tax positions taken or expected to be taken in the course of preparing the Company's tax returns to determine whether the tax positions are ''more-likely-than-not'' of being sustained by the applicable tax authority. Tax positions not deemed to meet the "more-likely-than-not" threshold are recorded as an expense in the applicable year. The Company does not have a liability for any unrecognized tax benefits. Management's evaluation of uncertain tax positions may be subject to review and adjustment at a later date based upon factors including, but not limited to, an on-going analysis of tax laws, regulations and interpretations thereof, with due consideration given to the fact that tax periods are open to examination by tax authorities.

 As of December 31, 2024 and 2023, the Company has approximately $ 25.2 and $ 23.8 million of net operating loss carry-forwards, respectively, available to affect future taxable income and has established a valuation allowance equal to the tax benefit of the net operating loss carry forwards and temporary differences as realization of the asset is not assured.

 Revenue Recognition

 The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the sale of its CelluSTAT product by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied.

 The Company receives orders for its CelluSTAT products directly from its customers. Revenues are recognized based on the agreed upon sales or transaction price with the customer when control of the promised goods are transferred to the customer. The transfer of goods to the customer and satisfaction of the Company's performance obligation will occur either at the time when products are shipped or when the products arrive and are received by the customer depending on the shipping terms. No discounts are offered by the Company as part of payment terms. The Company does not provide an estimate for returns as there is no anticipation for any returns in the normal course of business.

 Trade Accounts Receivable and Concentration Risk

 The Company records accounts receivable at the invoiced amount and does not charge interest. The Company reviews the accounts receivable by amounts due from customers which are past due to identify specific customers with known disputes or collectability issues. In determining the amount of the reserve, the Company makes judgments about the creditworthiness of significant customers based on ongoing credit evaluations. The Company will also maintain a sales allowance to reserve for potential credits issued to customers. The Company will determine the amount of the reserve based on historical credits issued.

 There was no provision for doubtful accounts recorded at December 31, 2024 and 2023. The Company recorded $ 0 in bad debt expense for the years ended December 31, 2024 and 2023.

 Inventory

 Inventory is valued at the lower of cost or net realizable value using the first-in, first-out (FIFO) method. Inventory on the balance sheet consists of raw materials purchased by the Company and finished goods.

 2024

 2023

 Raw materials

 $
 -

 $
 -

 Finished goods

 -

 33,598

 $
 -

 $
 33,598

 During the year ended December 31, 2023, the Company used $ 1,132 of inventory for its PMA submission and recorded it to research and development.

 During the years ended December 31, 2024 and 2023, the Company determined that $ 33,598 and $ 0 of inventory needed to be impaired and written-off, respectively.

 Patents

 Patents are stated on the balance sheet at cost. Costs, such as filing fees with patent granting agencies and legal fees directly relating to those filings, incurred to file patent applications were capitalized when the Company believed that there was a high likelihood that the patent would be issued and there would be future economic benefit associated with the patent. These costs were amortized from the date of the patent application on a straight-line basis over the estimated useful life of 10 years. All costs associated with any abandoned patent applications are expensed.

 Accumulated amortization as of December 31, 2024 and December 31, 2023 was $ 12,150 and $ 8,100, respectively. Amortization expense for the years ended December 31, 2024 and 2023 was $ 4,050 and $ 4,050, respectively.

 Future Amortization Expense

 Year

 Amount

 2025

 $
 4,050

 2026

 4,050

 2027

 4,050

 2028

 4,050

 Thereafter

 12,150

 $
 28,350

 Impairment of Long-lived Assets

 The Company applies the provisions of ASC 360, Property, Plant and Equipment, where applicable to all long-lived assets. ASC 360 addresses accounting and reporting for impairment and disposal of long-lived assets. The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with ASC 360. ASC 360 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets' carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced for the cost of disposal.

 When equipment is sold or retired, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is included in the results of operations. During the years ended December 31, 2024 and 2023 the Company determined no impairment was required.

 Deferred Offering Costs

 Deferred offering costs represent specific incremental costs directly attributable to the offering of securities. The deferred offering costs are recorded as an offset to additional paid-in capital and charged against the proceeds received.

 Advertising and Marketing Costs

 Advertising and marketing costs are expensed as incurred. The Company incurred $ 111,824 and $ 111,104 in advertising and marketing costs during the years ended December 31, 2024 and 2023, respectively.

 Shipping and Handling Costs

 The Company includes shipping and handling cost as part of cost of goods sold.

 Research and Development

 The Company charges research and development costs to expense when incurred. The Company incurred $ 355,936 and $ 598,810 in research and development expenses during the years ended December 31, 2024 and 2023, respectively.

 Stock-Based Compensation

 The Company accounts for stock-based compensation under the provisions of ASC 718, Compensation-Stock Compensation. Stock-based compensation expense for employees and non-employees is measured at the grant date fair value. Stock-based compensation for all stock-based awards to employees and directors is recognized as an expense over the requisite service period, which is generally the vesting period.

 Per Share Information

 Basic earnings per share are calculated using the weighted average number of common shares outstanding for the period presented. Diluted earnings per share is computed using the weighted-average number of common shares and, if dilutive, potential common shares outstanding during the period. The dilutive effect of potential common shares is not reflected in diluted earnings per share because the Company incurred a net loss for the years ended December 31, 2024 and 2023 and the effect of including these potential common shares in the net loss per share calculations would be anti-dilutive.

 The total potential common shares as of December 31, 2024 include 46,165,000 of restricted stock units, 9,197,376 shares for convertible notes payable – related parties, 10,678,412 shares for convertible notes payable and 412,500 shares for warrants. The total potential common shares as of December 31, 2023 include 47,665,000 of restricted stock units, 3,747,463 shares for convertible notes payable – related parties and 1,483,530 shares for convertible notes payable.

 Segment Reporting

 United Health Products, Inc. operates as a single operating segment, focusing on the development and commercialization of medical devices, particularly its patented hemostatic gauze, CelluSTAT.

 The accounting policies of the operating segment are the same as those described in the summary of significant accounting policies. The Company's chief operating decision maker ("CODM") is the Chief Executive Officer. The CODM assesses performance for the segment and decides how to allocate resources based on net income (loss) that is reported on the income statement. The measure of segment assets is reported on the balance sheet as total assets.

 As the Company did not generate revenues in 2024, the CODM assessed Company performance through the achievement of target identification goals. In addition to the Company's Statement of Operations, the CODM regularly works with the Principal Financial Officer to develop budgeted and forecasted expense information which is used to determine the Company's liquidity needs and cash allocation.

 Leases

 The Company follows the provisions of ASC 842, and records right-of-use ("ROU") assets and lease obligations for its operating leases, which are initially recognized based on the discounted future lease payments over the term of the lease. If the rate implicit in the Company's leases is not readily determinable, the Company's applicable incremental borrowing rate is used in calculating the present value of the sum of the lease payments.

 The lease term is defined as the non-cancelable period of the lease plus any options to extend or terminate the lease when it is reasonably certain that the Company will exercise the option. The Company has elected not to recognize ROU asset and lease obligations for its short-term leases, which are defined as leases with an initial term of 12 months or less.

 Reclassifications

 Certain prior period amounts in the accompanying audited financial statements have been reclassified to conform to the current period's presentation. These reclassifications had no effect on the results of operations or financial position for any period presented.

 New and Recently Adopted Accounting Pronouncements

 In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which updates reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. The amendments are effective for fiscal years beginning after December 15, 2023, and for interim periods within fiscal years beginning after December 15, 2024. The Company adopted the ASU for the fiscal year ended December 31, 2024. The amendments only impact disclosures and are not expected to have an impact on the Company's financial condition and results of operations.

 In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which expands the requirements for income tax disclosures in order to provide greater transparency. The amendments are effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments should be applied prospectively, although optional retrospective application is permitted. The Company is currently evaluating this ASU to determine its impact on the Company's disclosures. The amendments only impact disclosures and are not expected to have an impact on the Company's financial condition and results of operations.

 In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires incremental disclosures about specific expense categories, including but not limited to, purchases of inventory, employee compensation, depreciation, amortization and selling expenses. The amendments are effective for fiscal years beginning after December 15, 2026, and for interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted and the amendments may be applied either prospectively or retrospectively. The Company is currently evaluating this ASU to determine its impact on the Company's disclosures. The amendments only impact disclosures and are not expected to have an impact on the Company's financial condition and results of operations.

 The Company considers all new pronouncements and management has determined that there have been no recently adopted or issued accounting standards that had or will have a material impact on its financial statements.

 Note 3. Related Party Transactions

 Convertible notes payable - related parties

 As of December 31, 2024 and 2023, convertible notes payable – related parties (net of debt discount) totaled $500,000 and $500,000, respectively.

 During the year ended December 31, 2022, Brian Thom, the Company's Chief Executive Officer, converted $ 372,000 of a loan payable balance to a convertible note payable. The unpaid accrued interest on the loan payable was transferred to the convertible note payable. The note had an interest rate of 10 %, an original issue discount ("OID") of 7 % and had a maturity date of December 31, 2023. The note is convertible into common stock of the Company at $ 0.35 per share. In the event the Company issues any shares of common stock before the maturity date at a price that is lower than $ 0.35 per share, the conversion price shall be reduced to equal such lower issue price per share. The Company recorded $ 28,000 of a debt discount related to the OID. As of December 31, 2024 and December 31, 2023, the remaining unamortized debt discount was $ 0 and $ 0, respectively. Accrued interest associated with the note was $ 139,334 and $ 77,287 as of December 31, 2024 and 2023, respectively.

 During the year ended December 31, 2022, Robert Denser, a Director of the Company, loaned the Company $ 93,000 through a convertible note. The note had an interest rate of 10 %, an OID of 7 % and had a maturity date of December 31, 2023. The note is convertible into common stock of the Company at $0.35 per share. In the event the Company issues any shares of common stock before the maturity date at a price that is lower than $0.35 per share, the conversion price shall be reduced to equal such lower issue price per share. The Company recorded $ 7,000 of a debt discount related to the OID. As of December 31, 2024 and December 31, 2023, the remaining unamortized debt discount was $ 0 and $ 0, respectively. Accrued interest associated with the note was $ 29,315 and $ 14,438 as of December 31, 2024 and 2023, respectively.

 On December 15, 2023, the Company entered into amendments on the above convertible notes, which extended the maturity date to December 31, 2024 and increased the interest rate from 10 % to 13 %, effective January 1, 2024. On December 20, 2024, the Company entered into amendments on the above convertible notes, which extended the maturity date to December 31, 2026.

 Interest expense – related party on the above convertible notes payable was $ 76,924 (including $ 0 of debt discount amortization related to the OID) and $ 75,462 (including $ 21,669 of debt discount amortization) during the year ended December 31, 2024 and 2023, respectively. Accrued interest – related party due to these convertible notes was $ 168,649 and $ 91,725, as of December 31, 2024 and 2023, respectively.

 The following represents the future aggregate maturities as of December 31, 2024 of the Company's Convertible Notes Payable – Related Parties:

 Amount

 2025

 $
 -

 2026

 Total

 $

 Loans payable/advances - related parties

 During the year ended December 31, 2022, Kristofer Heaton, the Principal Financial Officer, loaned the Company $ 4,000 to pay for operating expenses. The loan had an interest rate of 10 % and was due on demand. During the year ended December 31, 2023, the Company repaid $ 4,000 of principal and $ 446 of accrued interest leaving a balance of $ 0 as of December 31, 2023.

 Interest expense – related party on the above loan was $ 0 and $ 222 during the years ended December 31, 2024 and 2023, respectively. Accrued interest – related party as of December 31, 2024 and 2023 was $ 0.

 Equity transactions

 During the year ended December 31, 2023, the Company issued 1,204,688 shares of common stock with a fair value of $ 271,031 to its officers and management for $ 218,250 of accrued compensation (see Note 6) which resulted in $ 52,781 being recorded as a loss on settlement of debt.

 Note 4. Promissory Note Payable

 During the year ended December 31, 2022, the Company entered into a $ 100,000 promissory note with its legal counsel which accrued interest at 1 %, required monthly payments of $ 9,136 until the balance was paid in full and was secured by 200,000 shares of restricted common stock which would have demand registration rights and the Company would file a registration statement within 45 days of the request.

 During the year ended December 31, 2022, the Company paid $ 90,864 of principal and $ 500 in interest expense leaving a principal balance of $ 9,136 and accrued interest of $ 0 as of December 31, 2022.

 During the year ended December 31, 2023, the Company paid the remaining principal balance of $ 9,136. As of December 31, 2023, the principal balance and accrued interest was $ 0.

 During the year ended December 31, 2023, $ 10,000 of accounts payable and accrued liabilities were paid on behalf of the Company. The Company entered into a note payable for the $ 10,000 payment. The note payable had an interest rate of 5 % and a maturity date of December 31, 2023. During the year ended December 31, 2023, the Company repaid $ 10,000 of principal and $ 256 of accrued interest leaving a balance of $ 0 as of December 31, 2023.

 On August 5, 2024, the Company entered into a $ 150,000 promissory note with a third-party lender, which was non-interest bearing and had a maturity date of 60 days. On October 28, 2024, the Company entered into an amendment to this promissory note, which extended the maturity date to 120 days. On December 16, 2024, the Company rolled the $ 150,000 promissory note into a convertible note agreement with this third-party lender (see Note 5). As of December 31, 2024, there was $ 0 principal balance on the promissory note.

 Interest expense on the above loans was $ 0 and $ 256 during the years ended December 31, 2024 and 2023, respectively. Accrued interest as of December 31, 2024 and 2023 was $ 0.

 Note 5. Convertible Notes

 During the year ended December 31, 2022, the Company issued a $ 100,000 convertible note and a $ 107,500 convertible note and received total proceeds of $ 192,975. The notes had an interest rate of 10 %, an OID of 7 % and had a maturity date of December 31, 2023. The notes are convertible into common stock of the Company at $ 0.35 per share. In the event the Company issues any shares of common stock before the maturity date at a price that is lower than $0.35 per share, the conversion price shall be reduced to equal such lower issue price per share. The Company recorded $ 14,525 of a debt discount related to the OID. As of December 31, 2024 and December 31, 2023, the remaining unamortized debt discount was $ 0 and $ 0, respectively.

 On December 15, 2023, the Company entered into amendments on the above convertible notes, which extended the maturity dates to December 31, 2024 and increased the interest rates from 10 % to 13 %, effective January 1, 2024. On December 20, 2024, the Company entered into amendments to the aforementioned convertible notes, which extended the maturity dates to December 31, 2026.

 During the year ended December 31, 2024, the Company issued a $ 350,000 convertible note and received total proceeds of $ 200,000. The remaining $ 150,000 was rolled from a promissory note with this third-party lender (see Note 4). The note has an interest rate of 13 % and a maturity date of December 31, 2026. The note is convertible into common stock of the Company at $0.05 per share. In the event the Company issues any shares of common stock before the maturity date at a price that is lower than $ 0.05 per share, the conversion price shall be reduced to equal such lower issue price per share.

 Interest expense on the above convertible notes payable was $ 32,322 (including $ 0 of debt discount amortization related to the OID) and $ 32,875 (including $ 11,323 of debt discount amortization related to the OID) during the year ended December 31, 2024 and 2023, respectively. Accrued interest as of December 31, 2024 and December 31, 2023 was $ 59,071 and $ 26,749, respectively, and has been recorded in accrued liabilities on the balance sheet.

 The following represents the future aggregate maturities as of December 31, 2024 of the Company's Convertible Notes Payable:

 Amount

 2025

 $
 -

 2026

 557,500

 Total

 $
 557,500

 Note 6. Issuances of Securities

 Share Issuances 2023

 During the year ended December 31, 2023, the Company had the following common stock transactions:

 1,204,688 shares of common stock with a fair value of $ 271,031 were issued to officers and management of the Company to settle $ 218,250 of accrued liabilities (see Note 3) resulting in a loss on settlement of debt of $ 52,781.

 712,500 shares of common stock with a fair value of $ 153,751 were issued to consultants to settle $ 126,000 of accrued liabilities resulting in a loss on debt settlement of $ 27,751.

 10,145,000 shares of common stock were sold for $ 2,308,674 net of legal and administrative fees of $ 17,400 and which included a payment of $ 50,550 for a subscription receivable, under the Company's common stock purchase agreement with White Lion.

 1,850,000 shares of common stock with a fair value of $ 462,500 were issued to settle litigation (see Note 8).

 Share issuances 2024

 During the year ended December 31, 2024, the Company had the following common stock transactions:

 5,300,000 shares of common stock were sold for $ 852,179, net of legal and administrative fees of $ 11,400, under the Company's common stock purchase agreement with White Lion.

 825,000 units were sold for $ 66,000. A unit consists of 1 share of common stock and of a warrant and the Company issued 825,000 shares of common stock and 412,500 warrants related to the sale of the units. The Company used the relative fair method in valuing the common stock and warrants included in the sale of the units. The common stock and warrants were valued at $ 60,010 and $ 5,990, respectively.

 White Lion Common Stock Purchase Agreement (CSPA)

 On September 1, 2022, the Company entered into a common stock purchase agreement (the "CSPA") with White Lion Capital, LLC ("White Lion"). Pursuant to the CSPA, the Company has the right, but not the obligation, to require White Lion to purchase up to $10,000,000 of the Company's common stock, subject to certain limitations and conditions set forth in the CSPA. The Company is required to register the resale of the shares issuable to White Lion under the CSPA with the U.S. Securities and Exchange Commission, as a condition to requesting White Lion purchase shares. On September 7, 2022, the Company filed a registration statement on Form S-3 to register for resale up to 15,000,000 common shares. The Company's S-3 registration statement was declared effective by the SEC on September 19, 2022.

 The Company has the right to terminate the CSPA at any time, at no cost or penalty, upon ten trading days prior written notice. Additionally, White Lion will have the right to terminate the CSPA in accordance with its terms for certain breaches of the CSPA by the Company, a Company bankruptcy filing, or the Company's CEO, Principal Financial Officer or Director of Operations terminating their respective employment with the Company.

 On January 25, 2023, the Company and White Lion amended the CSPA (the "First Amendment") to provide that if the Company issues a share price purchase notice at a time that the Company's common stock is trading below the Floor Price and White Lion waives the Floor Price condition, the share purchase price multiplier for that transaction will be 90% instead of 93%.

 On June 20, 2024, the Company and White Lion amended the CSPA (the "Second Amendment") to provide that the purchase price to be paid by White Lion for shares of the Company's common stock pursuant to the CSPA equals the lower of: (i) 93% of the volume-weighted average price of the Company's common stock during a period of five consecutive trading days following the Company's exercise of its right to sell shares (or 95% of that volume-weighted average price if the Company's common stock is trading on a national exchange), or (ii) the closing price of the common stock on the day the Company exercises its right to sell shares, subject to a floor price of $0.25 per share. The Second Amendment further provides that if the Company issues a share price purchase notice at a time that the Company's common stock is trading below the floor price and White Lion waives the floor price condition, the purchase price to be paid by White Lion for such shares shall equal 90% multiplied by the lower of the (i) three lowest volume-weighted average price of the Company's common stock during a period of five consecutive trading days following the Company's exercise of its right to sell shares, or (ii) most recent closing price of the Company's common stock prior to White Lion's receipt of a share price purchase notice.

 On June 26, 2024, the Company filed a registration statement on Form S-1 to register for resale an additional 15,000,000 common shares related to CSPA. The Company's S-1 registration statement was declared effective by the SEC on July 29, 2024.

 Restricted Stock Units

 As of December 31, 2024 and December 31, 2023, the Company has 46,165,000 and 47,665,000 restricted stock units (RSU) outstanding, respectively. The RSU's are subject to certain conditions and shall vest upon the achievement of certain Company objectives and milestones.

 During the year ended December 31, 2024, the Company terminated the services of one of its consultants who had an RSU agreement in place. Per the RSU agreement, all of the unvested RSU's owed to the consultant vested immediately upon termination of services. This resulted in 1,500,000 RSU's vesting and $ 375,000 of stock-based compensation being recorded which was the fair value of the shares on the original grant date of the RSU agreement.

 Management is unable to predict if or when a Covered Transaction or Triggering Event under the RSU Agreements governing the restricted stock units will occur and as of December 31, 2024, there was $ 24,938,630 of unrecognized compensation cost related to unvested restricted stock unit awards.

 Activity related to our restricted stock units during the year ended December 31, 2023 was as follows:

 Number of
 Units

 Weighted
 Average
 Grant
 Date Fair
 Value

 Total awards outstanding at December 31, 2022

 47,665,000

 $
 0.54

 Units granted

 -

 $
 -

 Units Exercised/Released

 -

 $
 -

 Units Cancelled/Forfeited

 -

 $
 -

 Total awards outstanding at December 31, 2023

 47,665,000

 $
 0.54

 Activity related to our restricted stock units during the year ended December 31, 2024 was as follows:

 Weighted

 Average

 Grant

 Number of

 Date Fair

 Units

 Value

 Total awards outstanding at December 31, 2023

 47,665,000

 $
 0.54

 Units granted

 -

 $
 -

 Units Exercised/Released

 ( 1,500,000
)

 $
 0.25

 Units Cancelled/Forfeited

 -

 $
 -

 Total awards outstanding at December 31, 2024

 46,165,000

 $
 0.55

 Warrants

 During the year ended December 31, 2024, the Company issued 412,500 warrants related to the sale of 825,000 units. The Company valued the common stock and warrants issued in the sale of the units using the relative fair value method. The warrants have a value of $ 5,990 and was recorded in additional paid-in capital.

 Activity related to our warrants during the year ended December 31, 2024 was as follows:

 Number of
 Warrants

 Weighted
 Average
 Exercise Price

 Total warrants outstanding at December 31, 2023

 -

 $
 -

 Granted

 412,500

 $
 0.14

 Exercised

 -

 $
 -

 Cancelled/Forfeited

 -

 $
 -

 Total warrants outstanding at December 31, 2024

 412,500

 $
 0.14

 The fair value of each warrant on the date of grant is estimated using the Black-Scholes valuation model. The following weighted-average assumptions were used for the warrants granted during the year ended December 31, 2024:

 Year Ended

 2024

 Exercise price

 $
 0.14

 Expected term

 1 year

 Expected average volatility

 90.88
 %

 Expected dividend yield

 -

 Risk-free interest rate

 4.17
 %

 The following table summarizes information relating to outstanding and exercisable warrants as of December 31, 2024:

 Warrants Outstanding

 Warrants Exercisable

 Weighted Average

 Number Warrants

 Remaining Contractual

 Weighted Average

 Number

 Weighted Average

 life (in years)

 Exercise Price

 of Shares

 Exercise Price

 412,500

 $
 0.14

 412,500

 $
 0.14

 Aggregate intrinsic value is the sum of the amounts by which the quoted market price of the Company's stock exceeded the exercise price of the warrants at December 31, 2024. As of December 31, 2024, the aggregate intrinsic value of warrants outstanding was approximately $ 0.

 Note 7. Accrued Litigation Settlement

 On June 15, 2022, the Security and Exchange Commission's (SEC) investigation of the Company, initially reported in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, was settled through the filing of a consent judgment without the Company admitting or denying the SEC's allegations. As part of the settlement, the Company was required to pay a civil penalty of $ 450,000, payable in four installments as follows:

 $ 50,000 upon the entry of the judgment;

 $ 100,000 within 90 days of the entry of the judgment;

 $ 150,000 within 180 days of the entry of the judgment; and

 $ 150,000 within 270 days of the entry of the judgment, plus statutory interest on payments made after 30 days of the entry of the judgment pursuant to U.S.C. Section 1961

 During the year ended December 31, 2022 the Company made the initial scheduled payment of $ 50,000 and the second scheduled payment of $ 100,000 towards the civil penalty and as of December 31, 2022, the accrued litigation balance was $ 300,000.

 During the year ended December 31, 2023, the Company amended its installment payment plan to the SEC related to its civil penalty. The amended payment plan called for the Company to make three $50,000 payments with payments due on August 1, 2023, September 1, 2023 and October 1, 2023 with any remaining principal plus outstanding post-judgement interest to be paid on November 1, 2023.

 During the year ended December 31, 2023, the Company made the remaining payments owed on the civil penalty and paid $ 7,638 of post-judgement interest. As of December 31, 2023 the accrued litigation settlement balance was $ 0.

 Note 8. Litigation

 Effective as of March 31, 2023, a 2018 lawsuit filed by Philip Forman, against the Company and its former CEO relating to the validity of a June 25, 2015 Amendment to his November 10, 2014 Employment Agreement with the Company and claims for compensation on termination of his employment was settled. In the settlement, as full and complete consideration, the Company issued to Mr. Forman 1,850,000 shares of common stock of the Company with a fair value of $ 462,500.

 As mentioned in Note 7 above, the Company settled the SEC's investigation through the filing of a consent judgment on the terms described in the Company's Form 8-K filed on April 29, 2022, without the Company admitting or denying the SEC's allegations.

 Note 9. Income Tax

 The Company accounts for income taxes under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") No. 740, Income Taxes ("ASC 740"). Under ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

 The Company did not take any uncertain tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the provisions of Section 740-10-25 for the years ended December 31, 2024 and 2023. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. No such interest or penalties were recognized during the period presented. The Company had no accruals for interest and penalties at December 31, 2024 or 2023.

 The Company's federal income tax returns for the years ended December 31, 2021 through December 31, 2024 remain subject to examination by the Internal Revenue Service as of December 31, 2024.

 During 2024 and 2023, the Company incurred net losses and, therefore, has no tax liability. The net deferred tax asset generated by the loss carry-forward has been fully reserved.

 Net deferred tax assets consist of the following components as of December 31, 2024 and 2023

 2024

 2023

 Deferred tax assets:

 Net operating loss carryover

 $
 5,310,500

 $
 4,989,300

 Accrued related party payroll

 37,500

 11,000

 Valuation allowance

 ( 5,348,000
)

 ( 5,000,300
)

 Net deferred tax asset

 $
 -

 $
 -

 The income tax provision differs from the amount of income tax determined by applying the U.S federal income tax rate (21%) for the years ended December 31, 2024 and 2023 due to the following:

 2024

 2023

 Book income

 $
 ( 420,400
)

 $
 ( 550,900
)

 Related party accrued payroll

 37,500

 11,000

 (Gain) Loss on debt settlement

 ( 24,200
)

 16,900

 Stock for services and compensation

 78,800

 97,100

 Interest amortization

 -

 6,900

 Inventory write-off

 7,100

 -

 Valuation allowance

 321,200

 419,000

 Income tax expense

 $
 -

 $
 -

 As of December 31, 2024 and 2023, the Company has taxable net loss carryovers of approximately $ 25.5 and $ 23.8 million, respectively that may be offset against future taxable income.

 Note 10. Other Income

 During the year ended December 31, 2024, the Company entered into a settlement agreement with one of its vendors related to outstanding invoices. The Company paid $ 55,532 to the vendor related to outstanding invoices of approximately $ 171,000 resulting in a gain on settlement of $115,085. The gain of $ 115,085 was recorded as other income in the statement of operations.

 Note 11. Leases

 On October 31, 2022, the Company signed a 120-day lease for 600 square feet of space in Hammonton, New Jersey to install and test its medical device equipment. The agreement required $2,500 upon signing the agreement and monthly payments of $ 2,500. The Company did not renew the lease agreement but used the facility on a month-to-month basis until a new location was found. During the year ended December 31, 2023, the Company paid $ 10,000 in lease expense related to this lease.

 In May 2023, the Company entered into 36-month operating lease, which provides for approximately 1,800 square feet of office space, that commenced on June 1, 2023 and ends on May 31, 2026. The lease required a $ 2,850 security deposit and monthly lease payments are $ 2,850 the first year of the lease, $ 2,964 the second year and $ 3,082 the third year. The Company or landlord may terminate the lease at the expiration date by giving to the other party written notice at least ninety (90) days prior to the expiration date. The lease may be renewed for a term of one (1) year.

 Operating lease right-of-use ("ROU") assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. On the commencement date of the lease, the Company recorded $ 92,425 related to the ROU asset and lease liability.

 The components of lease expense and supplemental cash flow information related to the lease for the period are as follows:

 Year Ended
 2024

 Year Ended
 2023

 Lease Cost

 Operating lease cost (included in general and administrative in the Company's statement of operations)

 $
 35,584

 $
 20,757

 Other Information

 Cash paid for amounts included in the measurement of lease liabilities for the year ended December 31, 2024 and 2023

 $
 34,998

 $
 19,950

 Weighted average remaining lease term – operating leases (in years)

 1.41 years

 2.42 years

 Average discount rate – operating lease

 %

 %

 The supplemental balance sheet information related to leases for the period is as follows:

 At
 2024

 At
 2023

 Operating leases

 Remaining right-of-use assets

 $
 47,096

 $
 76,520

 Short-term operating lease liabilities

 $
 33,331

 $
 28,838

 Long-term operating lease liabilities

 $
 15,158

 $
 48,489

 Total operating lease liabilities

 $
 48,489

 $
 77,327

 Maturities of the Company's undiscounted lease liabilities are as follows:

 Year Ending

 Operating
 Leases

 2025

 $
 36,394

 2026

 15,410

 Total lease payments

 51,804

 Less: Imputed interest/present value discount

 ( 3,315
)

 Present value of lease liabilities

 $
 48,489

 Note 12. Subsequent Events

 The Company has evaluated events from December 31, 2024, through the date whereupon the financial statements were issued and has determined that there are no material events that need to be disclosed, except as follows:

 The Company issued shares of common stock for the following:

 $ 90,000 of Convertible Notes were issued to accredited investors with a maturity date of December 31, 2026, an interest rate of 13.0 % and a $0.12 per share conversion price. In the event the Company issues any shares of common stock before the maturity date at a price that is lower than $0.12 per share, the conversion price shall be reduced to equal such lower issue price per share.

 ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

 None.

 ITEM 9A. CONTROLS AND PROCEDURES

 Evaluation of Disclosure Controls and Procedures

 The Company needs to implement disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934 (the ''Exchange Act''), that are designed to ensure that information required to be disclosed in the Company's Exchange Act reports are recorded, processed, summarized, and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission, and that such information is accumulated and communicated to our Chief Executive Officer and Chief Financial Officer to allow timely decisions regarding required disclosure.

 As of December 31, 2024, the Chief Executive Officer and Chief Financial Officer carried out an assessment, of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Exchange Act Rules 13a-15(b) and 15d-15(b). As of the date of this assessment, the Chief Executive Officer and Chief Financial Officer concluded that the Company's disclosure controls and procedures were not effective as of December 31, 2024.

 Management's Report on Internal Control over Financial Reporting

 Management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. The Company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external reporting purposes in accordance with accounting principles generally accepted in the United States of America. Internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the Company's assets that could have a material effect on the interim or annual financial statements.

 Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with policies or procedures may deteriorate.

 The Chief Executive Officer and Principal Financial Officer assessed the effectiveness of the Company's internal control over financial reporting as of December 31, 2024. In performing its assessment of the effectiveness of the Company's internal control over financial reporting, management applied the criteria described in the Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (''COSO - 2013'').

 A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company's annual or interim financial statements will not be prevented or detected on a timely basis.

 The material weaknesses identified during management's assessment were the following:

 Inadequate corporate governance

 Inadequate internal control structure and control environment

 Lack of information technology controls

 Lack of segregation of duties

 Limited accounting resources with SEC experience, US generally accepted accounting principles knowledge and tax accounting expertise

 These material weaknesses could result in a material misstatement of significant accounts or disclosures that would result in a material misstatement to the Company's interim or annual financial statements that would not be prevented or detected.

 Because of the material weaknesses, management concluded that the Company did not maintain effective internal control over financial reporting as of December 31, 2024, based on the criteria in Internal Control-Integrated Framework issued by COSO -2013.

 Changes in Internal Control over Financial Reporting

 There were no reported changes in internal control over financial reporting for the year ended December 31, 2024.

 ITEM 9B. OTHER INFORMATION

 None.

 ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

 None.

 ITEM 10. DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE

 Directors and Executive Officers

 Our directors and executive officers as of the filing date of this Annual Report on Form 10-K are as follows:

 Name

 Age

 Position with Company

 Chief Executive Officer, and Director

 Kristofer Heaton

 Vice President of Finance and Principal Financial Officer

 Robert Denser

 Director

 Our directors hold office for one-year terms and until their successors have been elected and qualified. Our officers are appointed annually and serve at the discretion of the Board.

 Directors and Executive Officers

 Brian Thom was appointed as Chief Executive Officer effective December 1, 2020 and joined our Board as a Director on January 1, 2021. Mr. Thom has served as a consultant to the Company since April 2020 overseeing finance and business development activities and has served as external financial advisor to the Company since 2018. He brings over 20 years of corporate finance experience and a successful track record of helping fast growing companies across a broad range of industries to raise capital and create shareholder value. Over the course of his career he spent a decade with JPMorgan's global Mergers and Acquisitions group and five years leading the Americas Corporate Finance group with Soci t G n rale, a multi-national European investment bank, among other entrepreneurial pursuits.

 Kristofer Heaton was brought on as the Vice President of Finance and Principal Financial Officer in December 2020. Mr. Heaton is a CPA designation and began his career in commercial banking with a bank in Salt Lake City in 2004. In 2006, he moved to public accounting and gained experience in various industries while working for various firms. Mr. Heaton founded his own accounting firm in 2015 which specializes in audits of public companies and has provided non-audit accounting and administrative services to the Company since 2017.

 Robert J. Denser has served as a Director of the Company since November 2014. Over the past 10 years, his main focus has been to assist federal and state agencies, first responders, EMS agencies and hospitals with their planning and procurement of the necessary medical equipment needed to be adequately prepared for any type of natural or man-made disaster. This includes working with the Medical Directors and their teams from the State of California and Los Angeles County with the development and fulfillment of a $60 million project that will give hospitals the caches of medical equipment needed to properly respond to the surge of patients that will result from a disaster. For the past five years, Mr. Denser has been a member of ETL Response, LLC and has been in the role of Director of Sales and Finance. In this role he coordinates all ETL projects as needed. ETL Response. Mr. Denser's background experience also includes direct access to key decision makers within the VA hospital system, as well as federal and private disaster response agencies, like FEMA and the Red Cross, that are on the front lines of any disaster.

 Directors' and Officers' Liability Insurance

 We are currently seeking to obtain directors' and officers' liability insurance against any liability for acts or omissions in their capacities as directors or officers, subject to certain exclusions. Such insurance also would insure us against losses, which we may incur in indemnifying our officers and directors. In addition, we may enter into indemnification agreements with key officers and directors and such persons shall also have indemnification rights under applicable laws, and our certificate of incorporation and bylaws.

 Corporate Governance

 Our business, property and affairs are managed by, or under the direction of, our Board, in accordance with the General Corporation Law of the State of Nevada and our By-Laws. Members of the Board are kept informed of our business through discussions with the Chief Executive Officer and other key members of management, by reviewing materials provided to them by management.

 We continue to review our corporate governance policies and practices by comparing our policies and practices with those suggested by various groups or authorities active in evaluating or setting best practices for corporate governance of public companies. Based on this review, we have adopted, and will continue to adopt, changes that the Board believes are the appropriate corporate governance policies and practices for our Company. We have adopted changes and will continue to adopt changes, as appropriate, to comply with the Sarbanes-Oxley Act of 2002 and subsequent rule changes made by the SEC and any applicable securities exchange.

 Director Qualifications and Diversity

 The Board seeks independent directors who represent a diversity of backgrounds and experiences that will enhance the quality of the board's deliberations and decisions. Candidates shall have substantial experience with one or more publicly traded companies or shall have achieved a high level of distinction in their chosen fields. The Board is particularly interested in maintaining a mix that includes individuals who are active or retired executive officers and senior executives, particularly those with experience in the medical device and health care industries.

 In evaluating Director candidates, our Board also looks for certain personal attributes, such as integrity, ability and willingness to apply sound and independent business judgment, comprehensive understanding of a director's role in corporate governance, availability for meetings and consultation on Company matters, and the willingness to assume and carry out fiduciary responsibilities. Qualified candidates for membership on the Board will be considered without regard to race, color, religion, sex, ancestry, national origin or disability.

 Risk Oversight

 Enterprise risks are identified and prioritized by management and each prioritized risk is assigned to the full board for oversight. These risks include, without limitation, the following:

 Risks and exposures associated with strategic, financial and execution risks and other current matters that may present material risk to our operations, plans, prospects or reputation.

 Risks and exposures associated with financial matters, particularly financial reporting, tax, accounting, disclosure, internal control over financial reporting, financial policies, investment guidelines and credit and liquidity matters.

 Risks and exposures relating to corporate governance; and management and director succession planning.

 Risks and exposures associated with leadership assessment, and compensation programs and arrangements, including incentive plans.

 Board Leadership Structure

 In accordance with the Company's By-Laws, the Chairman of the Board presides at all meetings of the Board. Mr. Thom holds the position of Chief Executive Officer and currently is serving as Chairman [Pro Tem]. The Company has no fixed policy with respect to the separation of the offices of the Chairman of the Board and Chief Executive Officer.

 Code of Ethics

 We have adopted a Code of Ethics within the meaning of Item 406(b) of Regulation S-K of the Exchange Act. This Code of Ethics applies to our directors and senior officers, such as the principal executive officer, principal financial officer and persons performing similar functions. Our Code of Ethics is available as Exhibit 14 to our Annual Report on Form 10-K filed April 16, 2010.

 Committees

 As of the filing date of this Form 10-K, the Board of Directors has no committees. Robert Denser may be deemed an independent director of the Company as that term is defined under Nasdaq Rule 5605(a)(2). Mr. Denser is not deemed to be a financial expert. The term "Financial Expert" is defined under the Sarbanes-Oxley Act of 2002, as amended, as a person who has the following attributes: an understanding of generally accepted accounting principles and financial statements; has the ability to assess the general application of such principles in connection with the accounting for estimates, accruals and reserves; experience preparing, auditing, analyzing or evaluating financial statements that present a breadth and level of complexity of accounting issues that are generally comparable to the breadth and complexity of issues that can reasonably be expected to be raised by the company's financial statements, or experience actively supervising one or more persons engaged in such activities; an understanding of internal controls and procedures for financial reporting; and an understanding of audit committee functions.

 Insider Trading Policy

 The Company has adopted insider trading policies and procedures governing the purchase, sale, and/or other dispositions of its securities by directors, officers and employees, or the Company itself, that are reasonably designed to promote compliance with insider trading laws, rules and regulations, and any listing standards applicable to the Company. Such policies and procedures are filed as Exhibit 19 to this Form 10-K.

 Section 16(a) Reports

 Section 16(a) of the Securities Exchange Act of 1934 requires our executive officers, directors, and persons who own more than 10% of a registered class of our equity securities, to file with the Securities and Exchange Commission reports of ownership of our securities and changes in reported ownership. Executive officers, directors and greater than 10% beneficial owners are required by SEC rules to furnish us with copies of all Section 16(a) reports they file. The SEC rules require us to disclose late filings of reports of stock ownership and changes in stock ownership by our directors, officers and 10% shareholders. To our knowledge, based solely on our review of (a) the copies of such reports and amendments thereto furnished to us and (b) written representations that no other reports were required, during our fiscal year ended December 31, 2024, all of the Section 16(a) filing requirements applicable to our officers, directors and 10% shareholders have been met.

 Communications with the Board of Directors

 Stockholders may communicate with the Company's Board of Directors by sending a letter to United Health Products, Inc., 520 Fellowship Road, Suite #D-406 Mt. Laurel, New Jersey 08054, Attention: Board of Directors. The Company will receive the correspondence and forward it to the Chairman or to any individual director or directors to whom the communication is directed, unless the communication is unduly hostile, threatening or illegal, does not reasonably relate to the Company or its business, or is similarly inappropriate. The Chairman of the Board has the authority to discard or disregard any inappropriate communications or to take other appropriate actions with respect to any such inappropriate communications.

 ITEM 11. EXECUTIVE COMPENSATION

 The following table sets forth the overall compensation earned over the fiscal years ended December 31, 2024 and 2023 by (1) each person who served as the principal executive officer of the Company during fiscal year 2024; (2) our most highly compensated (up to a maximum of two) executive officers as of December 31, 2024 with compensation during fiscal year ended 2024 of $100,000 or more; and (3) those individuals, if any, who would have otherwise been included in section (2) above but for the fact that they were not serving as an executive officer as of December 31, 2024.

 Name and Principal Position

 Fiscal
 Year

 Salary
 ($)(4)

 Bonus
 ($)

 Stock Awards
 ($)(1)

 Options Awards
 ($)(1)

 Non-Equity Incentive Plan Compensation ($)

 All Other
 Compensation
 ($)(2)(3)

 Total ($)

 2024

 $
 198,000

 $

 -0-

 $

 -0-

 $

 -0-

 $

 -0-

 $

 -0-

 $
 198,000

 Chief Executive Officer

 2023

 $
 253,688

 $

 -0-

 $

 -0-

 $

 -0-

 $

 -0-

 $

 -0-

 $
 253,688

 Kristofer Heaton

 2024

 $
 165,000

 $

 -0-

 $

 -0-

 $

 -0-

 $

 -0-

 $

 -0-

 $
 165,000

 Principal Financial Officer

 2023

 $
 211,406

 $

 -0-

 $

 -0-

 $

 -0-

 $

 -0-

 $

 -0-

 $
 211,406

 _____________
 (1)

 FASB ASC Topic 718 requires the company to determine the overall full grant date fair value of the restricted stock awards and options as of the date of grant based upon the Black-Scholes method of valuation which total amounts are set forth in the table above under the year of grant, and to then expense that value over the service period over which the restricted stock awards and options become vested. As a general rule, for time-in-service-based restricted stock awards and options, the company will immediately expense any restricted stock awards and option or portion thereof which is vested upon grant, while expensing the balance on a pro rata basis over the remaining vesting term of the restricted stock awards and options. For a description FASB ASC Topic 718 and the assumptions used in determining the value of the restricted stock awards and options under the Black-Scholes model of valuation, see the notes to the financial statements included with this Form 10-K.

 (2)

 Includes all other compensation not reported in the preceding columns, including (i) perquisites and other personal benefits, or property, unless the aggregate amount of such compensation is less than $10,000; (ii) any "gross-ups" or other amounts reimbursed during the fiscal year for the payment of taxes; (iii) discounts from market price with respect to securities purchased from the company except to the extent available generally to all security holders or to all salaried employees; (iv) any amounts paid or accrued in connection with any termination (including without limitation through retirement, resignation, severance or constructive termination, including change of responsibilities) or change in control; (v) contributions to vested and unvested defined contribution plans; (vi) any insurance premiums paid by, or on behalf of, the company relating to life insurance for the benefit of the named executive officer; and (vii) any dividends or other earnings paid on stock or option awards that are not factored into the grant date fair value required to be reported in a preceding column.

 (3)

 Includes compensation for service as a director described under Director Compensation, below.

 (4)

 For the year ended December 31, 2023, the amounts include the grant date fair value of $55,688 of stock compensation received in lieu of cash and $66,000 of accrued compensation to Mr. Thom and the grant date fair value of $46,406 of stock compensation received in lieu of cash and $68,750 of accrued compensation for Mr. Heaton.

 For a description of the material terms of each named executive officers' compensation arrangements, including the terms of any contract, agreement, plan or other arrangement that provides for any payment to a named executive officer in connection with his or her resignation, retirement or other termination, or a change in control of the company see section below entitled "Compensation Arrangements."

 No outstanding common share purchase option or other equity-based award granted to or held by any named executive officer were repriced or otherwise materially modified, including extension of exercise periods, the change of vesting or forfeiture conditions, the change or elimination of applicable performance criteria, or the change of the bases upon which returns are determined, nor was there any waiver or modification of any specified performance target, goal or condition to payout, other than as described below.

 Compensation Agreements

 Messrs. Thom and Heaton are being compensated at the monthly rate of $16,500 and $13,750 respectively, pursuant to services agreements entered with each of them.

 OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END

 The following table sets forth all outstanding equity awards held by our named executive officers as of December 31, 2024.

 Option Awards

 Stock Awards

 Name

 Number of Securities Underlying Unexercised
 Options (#)
 Exercisable

 Number of Securities Underlying Unexercised
 Options (#)
 Unexercisable

 Option Exercise Price
 ($)

 Option
 Expiration
 Date

 Number of Shares or Units That Have Not Vested
 (#)

 Market Value of Shares or Units of Stock That Have Not Vested
 ($) (1)

 Brian Thom,

 —

 —

 $
 —

 —

 13,225,000

 $
 0.43

 CEO

 Kristofer Heaton,

 —

 —

 $
 —

 —

 Principal Financial Officer

 325,000

 $
 0.71

 400,000

 $
 1.00

 400,000

 $
 1.20

 _____________
 (1)

 Market value is based on the stock price on the day the Restricted Stock Unit agreement or amendment was entered into.

 Disclosure of Policies and Practices Related to the Grant of Equity Awards Close in Time to the Release of Material Nonpublic Information.

 The Company does not have any adopted policies and practices on the timing of equity incentive awards or grants in relation to the disclosure of material nonpublic information by the Company. The Company does not have a predetermined schedule as to if or when the Company's Board of Directors grants or awards equity incentives to the Company's executive officers, employees or members of the Board of Directors. The Board of Directors takes material nonpublic information into account when determining the timing and terms of awards and grants, and whether any disclosure of material nonpublic information is timed for the purpose of affecting the value of executive compensation, and will, in these instances, delay the grant of awards if material news is expected to be made public based on discussions with management.

 The Company, during the last completed fiscal year, did not award options or other equity incentives to a named executive officer in the period beginning four business days before the filing of a periodic report on Form 10-Q or Form 10-K, or the filing or furnishing of a current report on Form 8-K that discloses material nonpublic information, and ending one business day after the filing or furnishing of such report.

 DIRECTOR COMPENSATION

 The following table sets forth certain information concerning the compensation paid to our directors not named as an executive officer in this Item 11 above for services rendered to us during the fiscal year ended December 31, 2024.

 Name

 Fees Earned or
 Paid in Cash ($)

 Stock
 Awards (1) (2)

 Option
 Awards

 Total

 Robert Denser

 $
 —

 $
 —

 $
 —

 $
 —

 (1)

 FASB ASC Topic 718 requires the company to determine the overall full grant date fair value of the restricted stock awards and options as of the date of grant based upon the Black-Scholes method of valuation which total amounts are set forth in the table above under the year of grant, and to then expense that value over the service period over which the restricted stock awards and options become vested. As a general rule, for time-in-service-based restricted stock awards and options, the company will immediately expense any restricted stock awards and option or portion thereof which is vested upon grant, while expensing the balance on a pro rata basis over the remaining vesting term of the restricted stock awards and options. For a description FASB ASC Topic 718 and the assumptions used in determining the value of the restricted stock awards and options under the Black-Scholes model of valuation, see the notes to the financial statements included with this Form 10-K.

 (2)

 During the year ended December 31, 2022, the Board of Directors approved an RSU Agreement to grant 1,000,000 RSU's to Mr. Denser which vest according to certain performance conditions as discussed in the financial statements. The grant date fair value of the RSU's granted assuming all performance conditions are met would be $430,000.

 Cash Fees and Options

 Currently the Company has no audit, compensation, corporate governance, nominating or other committee of the Board of Directors. No cash fees have been paid to board members for serving on the board.

 Travel Expenses

 All directors are entitled to be reimbursed for their reasonable out-of-pocket expenses associated with attending director and shareholder meetings in person.

 Review of Risks Arising from Compensation Policies and Practices

 We have reviewed our compensation policies and practices for all employees and concluded that any risks arising from our policies and practices are not reasonably likely to have a material adverse effect on the Company.

 ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

 As of March 26, 2025, the Company had 252,408,222 shares of Common Stock outstanding. The only persons of record who presently hold or are known to own (or believed by the Company to own) beneficially more than 5% of the outstanding shares of such class of stock are listed below. The following table also sets forth certain information as to holdings of the Company's Common Stock of all officers and directors individually, and all officers and directors as a group.

 Name and Address of Beneficial Owner (1)

 Number of
 Common
 Shares

 Percentage

 Officers and Directors

 1,054,671

 *

 Robert Denser

 1,550,000

 *

 Kristofer Heaton

 1,813,729

 *

 All directors and officers as a group (three persons)

 4,418,400

 1.8
 %

 Stockholders

 Wendy Beplate Irrevocable Grantor Trust (Trust) (2)

 18,000,000

 7.1
 %

 ___________
 *

 Represents less than 1%

 (1)

 Beneficial ownership is determined in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended, and is generally determined by voting powers and/or investment powers with respect to securities. Unless otherwise noted, all of such shares of common stock listed above are owned of record by each individual named as beneficial owner and such individual has sole voting and dispositive power with respect to the shares of common stock owned by each of them. Such person or entity's percentage of ownership is determined by assuming that any options or convertible securities held by such person or entity, which are exercisable within sixty (60) days from the date hereof, have been exercised or converted as the case may be, but not for the purposes of determining the number of outstanding shares held by any other named beneficial owner. All addresses for officers and directors are c/o United Health Products, Inc., 520 Fellowship Road, Suite D-406, Mt. Laurel, NJ 08054.

 (2)

 Based on the Schedule 13D filed by the Wendy Beplate Irrevocable Grantor Trust (the "Wendy Beplate Trust") with the SEC on December 12, 2024, the Wendy Beplate Trust has a Special Independent Trustee who exercises the sole voting and dipositive control over the Company Common Stock held in the Wendy Beplate Trust. The address of the Wendy Beplate Trust is c/o Suzanna Kolb, 5600 Spalding Drive, Unit 920085, Norcross, Georgia 30010-0085.

 Stock Bonuses

 The Company paid no stock bonuses during the fiscal years ending December 31, 2024 and 2023.

 Securities Authorized for Issuance under Equity Compensation Plans

 The following table shows information, as of December 31, 2024, regarding shares of the Company's common stock authorized for issuance under its equity compensation plan.

 Number of Securities to be Issued
 Upon Exercise of Outstanding
 Options, Warrants and Rights (a)

 Weighted-Average Exercise Price of
 Outstanding Options, Warrants and
 Rights (1) ($)(b)

 Number of Securities Remaining
 Available for Future Issuance Under
 Equity Compensation Plans
 (Excluding Securities Reflected in
 Column (a)(c)

 Equity compensation plans not approved by shareholders

 46,165,000
 (2)

 -

 475,000
 (3)

 Equity compensation plans approved by shareholders

 -

 -

 -

 (1)

 The weighted-average exercise price is calculated based solely on the exercise prices of the outstanding options and do not reflect the shares that will be issued upon the vesting of outstanding RSU awards, which have no exercise price.

 (2)

 This number includes the following: 46,165,000 shares subject to outstanding awards granted under individual Restricted Stock Unit Agreements, of which no shares were subject to outstanding options and 46,165,000 shares were subject to outstanding RSU awards.

 (3)

 This number includes 475,000 shares available for issuance under the 2019 Plan,

 On August 8, 2013, the Board of Directors approved the 2013 Employee Benefit and Consulting Services Compensation Plan (the "2013 Plan") which had 15,000,000 shares reserved for issuance under said Plan. The 2013 Plan provided for the direct issuance of shares of common stock and the granting of stock options. No stockholder approval was obtained for this Plan. In September 2013, the Company issued 6,000,000 shares of stock under the 2013 Plan to the Company's former CEO Douglas Beplate pursuant to his consulting agreement then in effect. No other shares or options have been granted under the 2013 Plan. The 2013 Plan terminated on August 7, 2023.

 On October 30, 2019, the Board of Directors approved the 2019 Employee Benefit and Consulting Services Compensation Plan (the "2019 Plan") which has 2,000,000 shares that may be issued under said Plan. The 2019 Plan provides for the direct issuance of shares of common stock and the granting of non-statutory stock options or incentive stock options on terms established by the Board of Directors or committee thereof. The Plan has not been approved by the Company's stockholders and this incentive stock options may not be granted under this Plan. The Company approved the issuance of 1,525,000 shares in November 2019 to certain persons who were then consultants, officers and directors. The Company has not issued any options under this 2019 Plan. There are currently 475,000 shares available for issuance under this 2019 Plan.

 Separate from the 2013 Plan and 2019 Plan, the Board of Directors approved individual Restricted Stock Unit Agreements with certain consultants, officers and directors (including certain individuals who are now former officers and directors) which represent an unvested aggregate amount of 46,165,000 and 47,665,000 as of December 31, 2024 and 2023, respectively, which upon vesting will result in the issuance of common shares.

 ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

 Convertible notes payable

 As of December 31, 2024 and 2023, convertible notes payable – related parties (net of debt discount) totaled $500,000 and $500,000, respectively.

 During the year ended December 31, 2022, Brian Thom, the Company's Chief Executive Officer, converted $372,000 of a loan payable balance to a convertible note payable. The unpaid accrued interest on the loan payable was transferred to the convertible note payable. The note had an interest rate of 10%, an original issue discount ("OID") of 7% and had a maturity date of December 31, 2023. The note is convertible into common stock of the Company at $0.35 per share. In the event the Company issues any shares of common stock before the maturity date at a price that is lower than $0.35 per share, the conversion price shall be reduced to equal such lower issue price per share. The Company recorded $28,000 of a debt discount related to the OID. As of December 31, 2024 and December 31, 2023, the remaining unamortized debt discount was $0 and $0, respectively. Accrued interest associated with the note was $139,334 and $77,287 as of December 31, 2024 and 2023, respectively.

 During the year ended December 31, 2022, Robert Denser, a Director of the Company, loaned the Company $93,000 through a convertible note. The note had an interest rate of 10%, an OID of 7% and had a maturity date of December 31, 2023. The note is convertible into common stock of the Company at $0.35 per share. In the event the Company issues any shares of common stock before the maturity date at a price that is lower than $0.35 per share, the conversion price shall be reduced to equal such lower issue price per share. The Company recorded $7,000 of a debt discount related to the OID. As of December 31, 2024 and December 31, 2023, the remaining unamortized debt discount was $0 and $0, respectively. Accrued interest associated with the note was $29,315 and $14,438 as of December 31, 2024 and 2023, respectively.

 On December 15, 2023, the Company entered into amendments on the above convertible notes, which extended the maturity dates to December 31, 2024 and increased the interest rate from 10% to 13%, effective January 1, 2024. On December 20, 2024, the Company entered into amendments on the above convertible notes, which extended the maturity dates to December 31, 2026.

 Interest expense – related party on the above convertible notes payable was $76,924 (including $0 of debt discount amortization related to the OID) and $75,462 (including $21,669 of debt discount amortization) during the year ended December 31, 2024 and 2023, respectively. Accrued interest – related party due to these convertible notes was $168,649 and $91,725, as of December 31, 2024 and 2023, respectively.

 Loans payable/advances

 During the year ended December 31, 2022, Kristofer Heaton, the Principal Financial Officer, loaned the Company $4,000 to pay for operating expenses. The loan had an interest rate of 10% and was due on demand. During the year ended December 31, 2023, the Company repaid $4,000 of principal and $446 of accrued interest leaving a balance of $0 as of December 31, 2023.

 Interest expense – related party on the above loan was $0 and $222 during the years ended December 31, 2024 and 2023, respectively. Accrued interest – related party as of December 31, 2024 and 2023 was $0.

 Equity transactions

 During the year ended December 31, 2023, the Company issued 1,204,688 shares of common stock with a fair value of $271,031 to its officers and management for $218,250 of accrued compensation (see Note 6) which resulted in $52,781 being recorded as a loss on settlement of debt.

 Director Independence

 Management has deemed Robert Denser to be an independent director of the Company as that term is defined under Nasdaq Rule 5605(a)(2).

 ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

 The following table sets forth the aggregate fees for professional audit services rendered by Mac Accounting Group & CPAs, LLP ("MAC") for the audit of the Company's annual financial statements for the fiscal year ended December 31, 2024 and 2023, and fees billed for other services provided by MAC in the fiscal year ended December 31, 2024 and 2023.

 2024

 2023

 Audit fees

 $
 46,500

 $
 49,500

 Audit-related fees

 $
 -

 $
 -

 Tax fees

 $
 -

 $
 -

 All other fees

 $
 4,500

 $
 2,500

 Audit Fees consist of the aggregate fees billed for professional services rendered for the audit of our annual financial statements and the reviews of the financial statements included in our Forms 10-Q and for any other services that were normally provided in connection with our statutory and regulatory filings or engagements.

 Audit Related Fees consist of the aggregate fees billed for professional services rendered for assurance and related services that were reasonably related to the performance of the audit or review of our financial statements and were not otherwise included in Audit Fees.

 Tax Fees consist of the aggregate fees billed for professional services rendered for tax compliance, tax advice and tax planning. Included in such Tax Fees are fees for preparation of our tax returns and consultancy and advice on other tax planning matters.

 All Other Fees consist of the aggregate fees billed for products and services provided and not otherwise included in Audit Fees, Audit Related Fees or Tax Fees. Included in such Other Fees are fees for services rendered in connection with any private and public offerings or registration statements conducted during such periods.

 Audit Committee Pre-Approval Policy

 The Company does not have an audit committee. Audit committee functions are conducted by the Board of Directors. We understand the need for the accounting firm to maintain objectivity and independence in its audit of our financial statements. To minimize relationships that could appear to impair their objectivity, our Board has restricted the non-audit services that they may provide to us.

 ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

 (1)

 Financial Statements

 The financial statements of United Health Products, Inc., supplemental information and report of independent registered public accounting firm are included in this Form 10-K.

 (2)

 Financial Statement Schedules

 Schedules have been omitted because of the absence of conditions under which they are required or because the required information is included in the financial statements or notes thereto.

 (3)

 Exhibits

 (a)

 Exhibits

 The following exhibits are filed with this report, or incorporated by reference as noted:

 3.1

 Articles of Incorporation of the Company dated February 28, 1997 (1)

 3.2

 Amendment to Articles of Incorporation (1)

 3.3

 By-laws of the Company (2)

 3.4

 August 2015 Amendment to Articles of Incorporation (3)

 10.1

 Services Agreement with Brian Thom (4)

 10.2

 Restricted Stock Unit Agreement - Brian Thom (4)

 10.3

 Services Agreement with Kristofer Heaton (5)

 10.4

 Restricted Stock Unit Agreement - Kristofer Heaton (5)

 10.5

 Amendment to Restricted Stock Unit Agreement – Brian Thom (6)

 10.6

 Restricted Stock Unit Agreement – Robert Denser (6)

 10.7

 Stock Purchase Agreement dated September 1, 2022 between the Company and White Lion Capital LLC (7)

 10.8

 Amendment to Stock Purchase Agreement dated January 25, 2023 (8)

 10.9

 Amendment No. 2 to Common Stock Purchase Agreement (9)

 19*

 Insider Trading Policy

 Subsidiaries of the Registrant – none

 31.1

 Certification of Principal Executive Officer*

 31.2

 Certification of Principal Financial Officer*

 32.1

 Section 1350 Certificate by Principal Executive Officer*

 32.2

 Section 1350 Certificate by Principal Financial Officer*

 99.1

 2019 Employee Benefit and Consulting Services Compensation Plan (10)

 101.INS

 101.SCH

 101.CAL

 101.DEF

 101.LAB

 101.PRE

 ___________
 *

 Filed herewith.

 (1)

 Incorporated by reference to the Company's Form 10-Q for the quarter ended September 30, 2014.

 (2)

 Incorporated by reference to the Company's Form 10-Q for the quarter ended June 30, 2022.

 (3)

 Incorporated by reference to Form 8-K dated August 7, 2015 – date of earliest event filed on August 10, 2015.

 (4)

 Incorporated by reference to the Form 8-K dated December 2, 2020

 (5)

 Incorporated by reference to the Form 8-K dated January 11, 2021

 (6)

 Incorporated by reference to the Form 8-K dated June 23, 2022

 (7)

 Incorporated by reference to the Form 8-K dated September 1, 2022

 (8)

 Incorporated by reference to the Company's Form 10-K for the year ended December 31, 2022

 (9)

 Incorporated by reference to the Form 8-K dated June 25, 2024

 (10)

 Incorporated by reference to Form S-8 dated November 1, 2019

 SIGNATURES

 Pursuant to the requirements Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

 UNITED HEALTH PRODUCTS, INC.

 Dated: March 28, 2025

 By:

 /s/ Brian Thom

 Chief Executive Officer
 Principal Executive Officer and Director

 Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated:

 Signatures

 Title

 Date

 By:

 /s/ Brian Thom

 Chief Executive Officer, Principal

 March 28, 2025

 Executive Officer and Director

 By:

 /s/ Kristofer Heaton

 Principal Financial Officer

 March 28, 2025

 Kristofer Heaton

 By:

 /s/ Robert Denser

 Director

 March 28, 2025

 Robert Denser