| Schedule of Debt Proceeds Received and Principal Repayments |
Debt proceeds received and principal repayments
made (excluding our $1,000,000 line of credit) are reflected by loan during the periods as described in the tables below:
| | |
During the Three-Month Period Ended June 30, 2025 | | |
During the Three-Month Period Ended June 30, 2024 | |
| | |
| Proceeds from
Debt
Issuance | | |
| Debt Principal
Repayments | | |
| Proceeds from
Debt Issuance | | |
| Debt Principal
Repayments | |
| Loan #1 | |
$ | — | | |
$ | 59,262 | | |
$ | — | | |
$ | 57,148 | |
| Loan #2 | |
| — | | |
| 132,019 | | |
| — | | |
| 127,382 | |
| Loan #3 | |
| — | | |
| 25,091 | | |
| — | | |
| 23,875 | |
| Loan #4 | |
| — | | |
| 54,958 | | |
| — | | |
| 53,026 | |
| Loan #5 | |
| — | | |
| 17,354 | | |
| — | | |
| 16,513 | |
| Loan #6 | |
| — | | |
| 62,456 | | |
| — | | |
| 58,143 | |
| Loan #7 | |
| — | | |
| 30,299 | | |
| — | | |
| 28,264 | |
| Total | |
$ | — | | |
$ | 381,439 | | |
$ | — | | |
$ | 364,351 | |
| | |
During the Six-Month Period Ended June 30, 2025 | | |
During the Six-Month Period Ended June 30, 2024 | |
| | |
| Proceeds from
Debt Issuance | | |
| Debt Principal
Repayments | | |
| Proceeds from
Debt Issuance | | |
| Debt Principal
Repayments | |
| Loan #1 | |
$ | — | | |
$ | 119,068 | | |
$ | — | | |
$ | 114,346 | |
| Loan #2 | |
| — | | |
| 263,073 | | |
| — | | |
| 253,791 | |
| Loan #3 | |
| — | | |
| 49,873 | | |
| — | | |
| 47,455 | |
| Loan #4 | |
| — | | |
| 109,554 | | |
| — | | |
| 105,666 | |
| Loan #5 | |
| — | | |
| 34,494 | | |
| — | | |
| 32,822 | |
| Loan #6 | |
| — | | |
| 124,434 | | |
| — | | |
| 115,613 | |
| Loan #7 | |
| — | | |
| 61,048 | | |
| — | | |
| 56,163 | |
| Total | |
$ | — | | |
$ | 761,544 | | |
$ | — | | |
$ | 725,856 | |
|
| Schedule of Principal Payments Due Under Bank Loans Outstanding |
Principal payments (net of debt issuance and debt
discount costs) due under bank loans outstanding as of June 30, 2025 (excluding our $1,000,000 line of credit) are reflected in the following
table by the year that payments are due:
| | |
During
the Six-Month Period Ending December 31, | | |
During the Years Ending December 31, | | |
| | |
| |
| | |
2025 | | |
2026 | | |
2027 | | |
2028 | | |
2029 | | |
Thereafter | | |
Total | |
| Loan #1 | |
$ | 120,727 | | |
$ | 248,604 | | |
$ | 257,649 | | |
$ | 266,537 | | |
$ | 276,720 | | |
$ | 4,321,837 | | |
$ | 5,492,074 | |
| Loan #2 | |
| 267,671 | | |
| 549,881 | | |
| 140,416 | | |
| — | | |
| — | | |
| — | | |
| 957,968 | |
| Loan #3 | |
| 51,128 | | |
| 106,146 | | |
| 83,143 | | |
| — | | |
| — | | |
| — | | |
| 240,417 | |
| Loan #4 | |
| 111,450 | | |
| 228,965 | | |
| 240,432 | | |
| — | | |
| — | | |
| — | | |
| 580,847 | |
| Loan #5 | |
| 35,362 | | |
| 73,415 | | |
| 77,156 | | |
| 81,086 | | |
| — | | |
| — | | |
| 267,019 | |
| Loan #6 | |
| 128,587 | | |
| 1,418,532 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 1,547,119 | |
| Loan #7 | |
| 63,674 | | |
| 715,341 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 779,015 | |
| Subtotal | |
| 778,599 | | |
| 3,340,884 | | |
| 798,796 | | |
| 347,623 | | |
| 276,720 | | |
| 4,321,837 | | |
| 9,864,459 | |
| Debt issuance cost | |
| (10,147 | ) | |
| (13,580 | ) | |
| (5,420 | ) | |
| (3,513 | ) | |
| (3,513 | ) | |
| (7,834 | ) | |
| (44,007 | ) |
| Debt discount cost | |
| (10,446 | ) | |
| (11,344 | ) | |
| — | | |
| — | | |
| — | | |
| — | | |
| (21,790 | ) |
| Total | |
$ | 758,006 | | |
$ | 3,315,960 | | |
$ | 793,376 | | |
$ | 344,110 | | |
$ | 273,207 | | |
$ | 4,314,003 | | |
$ | 9,798,662 | |
|