SENIOR PROMISSORY NOTE (Details Narrative) - USD ($) |
Jun. 20, 2023 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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Short-Term Debt [Line Items] | |||
Principal amount | $ 1,753,500 | $ 1,852,800 | |
Senior Promissory Note [Member] | |||
Short-Term Debt [Line Items] | |||
Interest rate, percentage | 15.00% | ||
Principal amount | $ 575,000 | ||
Issuance of debt | $ 435,000 | ||
Debt maturity date | Sep. 20, 2023 | ||
Interest rate, percentage | 104.00% | ||
Commitment shares | 1,318,000 | ||
Additional commitment shares | 330,000 | ||
Senior Promissory Note [Member] | Pegasus Specialty Vehicles LLC [Member] | |||
Short-Term Debt [Line Items] | |||
Principal amount | $ 575,000 |
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares of stock issued attributable to transactions classified as other. No definition available.
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