v3.25.2
Related Party Transactions - John Redmond (Details)
Feb. 07, 2025
USD ($)
Mar. 31, 2025
USD ($)
loan
Feb. 10, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Oct. 11, 2013
USD ($)
Related Party Transactions            
Interest payable   $ 869,821   $ 57,474,111    
Total   28,787,160   107,468,217 $ 88,996,117  
Related parties payable   1,255,095   1,547,082 885,041  
Azure-SJBT            
Related Party Transactions            
Total   2,418,983   9,927,934 8,736,727  
NACS, LLC            
Related Party Transactions            
Principal balance payable           $ 11,493,949
Total       36,546,705 32,433,345  
Related party            
Related Party Transactions            
Interest payable   574,408   39,711,139 32,599,048  
Related party | St. James Bank and Trust Company Ltd | Azure-SJBT            
Related Party Transactions            
Number of shares exercised 316,616          
Related party | John Redmond            
Related Party Transactions            
Interest payable   143,983   39,241,591 32,229,150  
Principal balance payable   2,275,000 $ 2,000,000 22,096,055 22,096,055  
Total   2,418,983   61,337,646 54,325,205  
Related parties payable   $ 1,200,000   1,300,000 700,000  
Related party | John Redmond | Azure-SJBT            
Related Party Transactions            
Number of remaining loans issued | loan   3        
Interest payable   $ 143,983   3,095,947 1,904,740  
Principal balance payable   2,275,000   6,831,987 6,831,987  
Total   $ 2,418,983   9,927,934 8,736,727  
Related party | John Redmond | NACS, LLC            
Related Party Transactions            
Interest payable       25,052,756 20,939,396  
Principal balance payable       11,493,949 11,493,949  
Total       36,546,705 32,433,345  
Related party | John Redmond | Assumed notes            
Related Party Transactions            
Interest payable       11,092,887 9,385,014  
Principal balance payable       3,770,119 3,770,119  
Total       $ 14,863,006 $ 13,155,133