| Schedule of Issued an Amended and Restated DT Note to Mr. Taylor |
On June 30, 2025, the Company executed Amendment Number
One (“DT Amendment Number One”) to its amended and restated unsecured promissory note issued to Donald Taylor dated March
27, 2025 (the “Amended and Restated DT Note”). DT Amendment Number One extends the outside maturity date of the Amended and
Restated DT Note to October 31, 2025.
| Related Party - Augusta Investments | |
Note
Payable | | |
Accrued
Interest | | |
Total | |
| As of December 31, 2023 | |
$ | 22,266,062 | | |
$ | 3,127,817 | | |
$ | 25,393,879 | |
| Additional debt issued | |
| 2,750,000 | | |
| 0 | | |
| 2,750,000 | |
| Additional debt issuance costs | |
| 154,937 | | |
| (154,937 | ) | |
| 0 | |
| Accrued interest converted to debt | |
| 5,180,339 | | |
| (5,180,339 | ) | |
| 0 | |
| Interest expense | |
| 0 | | |
| 2,980,925 | | |
| 2,980,925 | |
| As of December 31, 2024 | |
$ | 30,351,338 | | |
$ | 773,466 | | |
$ | 31,124,804 | |
| Additional debt issued | |
| 1,750,000 | | |
| 0 | | |
| 1,750,000 | |
| Additional debt issuance costs | |
| 50,000 | | |
| (50,000 | ) | |
| 0 | |
| Interest expense | |
| 0 | | |
| 1,689,987 | | |
| 1,689,987 | |
| As of June 30, 2025 | |
$ | 32,151,338 | | |
$ | 2,413,453 | | |
$ | 34,564,791 | |
| Related Party - Don Taylor | |
| Note
Payable | | |
| Accrued
Interest | | |
| Total | |
| As of December 31, 2023 | |
$ | 0 | | |
$ | 0 | | |
$ | 0 | |
| Additional debt issued | |
| 250,000 | | |
| 0 | | |
| 250,000 | |
| Additional debt issuance costs | |
| 12,500 | | |
| (12,500 | ) | |
| 0 | |
| Interest expense | |
| 0 | | |
| 43,712 | | |
| 43,712 | |
| As of December 31, 2024 | |
$ | 262,500 | | |
$ | 31,212 | | |
$ | 293,712 | |
| Additional debt issued | |
| 100,000 | | |
| 0 | | |
| 100,000 | |
| Interest expense | |
| 0 | | |
| 22,175 | | |
| 22,175 | |
| As of June 30, 2025 | |
$ | 362,500 | | |
$ | 53,387 | | |
$ | 415,887 | |
| Related Party - Total | |
| Note
Payable | | |
| Accrued
Interest | | |
| Total | |
| As of December 31, 2023 | |
$ | 22,266,062 | | |
$ | 3,127,817 | | |
$ | 25,393,879 | |
| Additional debt issued | |
| 3,000,000 | | |
| 0 | | |
| 3,000,000 | |
| Additional debt issuance costs | |
| 167,437 | | |
| (167,437 | ) | |
| 0 | |
| Accrued interest converted to debt | |
| 5,180,339 | | |
| (5,180,339 | ) | |
| 0 | |
| Interest expense | |
| 0 | | |
| 3,024,637 | | |
| 3,024,637 | |
| As of December 31, 2024 | |
$ | 30,613,838 | | |
$ | 804,678 | | |
$ | 31,418,516 | |
| Additional debt issued | |
| 1,850,000 | | |
| 0 | | |
| 1,850,000 | |
| Additional debt issuance costs | |
| 50,000 | | |
| (50,000 | ) | |
| 0 | |
| Interest expense | |
| 0 | | |
| 1,712,162 | | |
| 1,712,162 | |
| As of June 30, 2025 | |
$ | 32,513,838 | | |
$ | 2,466,840 | | |
$ | 34,980,678 | |
|