Notes Payable Disclosure |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Notes | |
| Notes Payable Disclosure | 5. Notes Payable
On April 16, 2024, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $5,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of April 16, 2025 and is currently in default. At June 30, 2025 and December 31, 2024, the principal balance on this note was $5,000 and $5,000 and accrued interest was $618 and $370, respectively.
On June 5, 2024, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $6,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of June 5, 2025. At June 30, 2025 and December 31, 2024, the principal balance on this note was $6,000 and $6,000 and accrued interest was $641 and $344, respectively.
On December 18, 2024, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $10,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of December 18, 2025. At June 30, 2025 and December 31, 2024, the principal balance on this note was $10,000 and $10,000 and accrued interest was $532 and $37, respectively.
On January 10, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $20,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of January 20, 2026. On April 21, 2025, the Company issued 5,000,000 shares of common stock for the conversion of the outstanding balance of $20,000 and accrued interest of $553. At June 30, 2025 and December 31, 2024, the principal balance on this note was $0 and $0 and accrued interest was $0 and $0, respectively.
On April 29, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $5,800. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of April 29, 2026. At June 30, 2025 and December 31, 2024, the principal balance on this note was $5,800 and $0 and accrued interest was $99 and $0, respectively.
On April 29, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $5,500. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of April 29, 2026. At June 30, 2025 and December 31, 2024, the principal balance on this note was $5,800 and $0 and accrued interest was $93 and $0, respectively.
On May 29, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $500. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of May 29, 2026. At June 30, 2025 and December 31, 2024, the principal balance on this note was $500 and $0 and accrued interest was $4 and $0, respectively.
On May 30, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $500. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of May 30, 2026. At June 30, 2025 and December 31, 2024, the principal balance on this note was $500 and $0 and accrued interest was $4 and $0, respectively.
On June 20, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $271. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of June 20, 2026. At June 30, 2025 and December 31, 2024, the principal balance on this note was $271 and $0 and accrued interest was $1 and $0, respectively. |