AFFILIATES TRANSACTIONS |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Related Party Transactions [Abstract] | |
| AFFILIATES TRANSACTIONS | NOTE 5 - AFFILIATES TRANSACTIONS
The Company holds a License Agreement (the “License” or “Agreement”) for a medical device (license obtained in 2019) with an affiliated company of which the Company’s officers hold a majority interest. The device was developed prior to the establishment of Bioxytran. A yearly maintenance cost for the license amounts to $5,000.
The Company had at June 30, 2025, loan agreements calling for an 8% interest with three of its affiliates for a total value of $502,255 with an accrued interest of $22,948. As at December 31, 2024, there loans amounted to $241,078 with an accrued interest of $6,950.
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