Unsecured Promissory Note (Details Narrative) - USD ($) |
Jul. 02, 2025 |
Dec. 20, 2024 |
Jun. 30, 2025 |
|---|---|---|---|
| Description of monitoring fee in event of default | Upon the occurrence of an Event of Default that is deemed a “Major Trigger Event” as defined in the Promissory Note, Lender may increase the outstanding balance of the Promissory Note by 15%, and upon the occurrence of an Event of Default that is deemed a “Minor Trigger Event” as defined in the Promissory Note, Lender may increase the outstanding balance of the Promissory Note by 5%. Lender can exercise its right to increase the outstanding balance upon a Major or Minor Trigger Event three times each. Upon the occurrence of an Event of Default, Lender may declare all amounts owed under the Promissory Note immediately due and payable. In addition, upon the occurrence of an Event of Default, upon the election of Lender, interest shall begin accruing on the outstanding balance of the Promissory Note from the date of the Event of Default equal to the lesser of 22% per annum and the maximum rate allowable under law. | ||
| Streetville Capital LLC [Member] | |||
| Unsecured promissory note amount | $ 5,480,000 | ||
| Unsecured promissory note original discount | 450,000 | ||
| Lender expenses on issue of debt | 30,000 | ||
| Proceeds from issuance of promissory note | $ 5,000,000 | ||
| Interest rate percent | 9.00% | ||
| Debt issuance costs | $ 46,277 | ||
| Unsecured promissory note discount | $ 345,525 | ||
| Long-term debt outstanding including accrued interest | $ 5,747,984 | ||
| Streetville Capital LLC [Member] | Forecast [Member] | |||
| Redemption of promissory note | $ 550,000 | ||
| Description of monitoring fee in event of default | On the 90-day anniversary of the effective date of the Promissory Note, the Company was charged a monitoring fee equal to the outstanding principal balance on such date divided by 0.85 less the outstanding balance on such date. The monitoring fee and interest accrued on the monitoring fee will be forgiven, on a pro rata basis, each time the Company makes a cash payment on the Promissory Note. Subject to the terms and conditions set forth in the Promissory Note, the Company may prepay all or any portion of the outstanding balance of the Promissory Note at any time. |