Short-Term Debt |
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Short-Term Debt | Note 4. Short-Term Debt
The following table represents the details of the short-term debts at March 31, 2025 and December 31, 2024:
According to the loan agreements, there is not any additional interest and penalty for the loans passing maturity date.
During the three months ended March 31, 2025 and 2024, the Company recorded interest expense and accrued interest of $4,635 and $4,635, respectively and is included in interest expense in the consolidated statements of operations.
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