v3.25.2
NOTE PAYABLE
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
NOTE PAYABLE

 

10.NOTE PAYABLE

 

Note payable consists of the following:

 

   June 30,
2025
   December 31,
2024
 
Vehicle note payable for $40,248 with monthly installment payments of $799, including interest at 6.99% per annum. The loan is collateralized by the respective vehicle and is due in February 2027.  $14,895   $19,082 
           
Less current portion   (8,827)   (8,524)
           
LONG-TERM PORTION  $6,068   $10,558 

 

The balance of the above debt matures as follows:

 

Twelve Months Ending
June 30,
  Amount 
2026  $8,827 
2027   6,068 
      
TOTAL  $14,895 

 

Interest expense related to this note payable for the three and six months ended June 30, 2025 and 2024, was $285 and $607 and $427 and $888, respectively.