Senior Secured Promissory Note (Details Narrative) |
6 Months Ended | ||
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Jun. 30, 2025
USD ($)
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Jan. 29, 2025
USD ($)
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Mar. 29, 2023
USD ($)
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Short-Term Debt [Line Items] | |||
Debt instrument, face amount | $ 10,748,408 | $ 14,500,000 | |
Debt instrument, interest rate, effective percentage | 4.25% | 4.25% | |
Maximum [Member] | |||
Short-Term Debt [Line Items] | |||
Debt service coverage ratio | 1.4 | ||
Minimum [Member] | |||
Short-Term Debt [Line Items] | |||
Debt service coverage ratio | 1.0 | ||
PCCU Loans Funded [Member] | |||
Short-Term Debt [Line Items] | |||
Frequency of periodic payment | 54 installments | ||
PCCU note periodic payment | $ 295,487 |
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- Definition Debt service coverage ratio. No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Description of the frequency of periodic payments (monthly, quarterly, annual). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of the required periodic payments including both interest and principal payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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