PIPE
Convertible Notes payable consisted of the following:
SCHEDULE
OF PIPE CONVERTIBLE NOTES PAYABLE
| Total PIPE Convertible Notes, net at December 31, 2024 | |
$ | 4,068,953 | |
| PIPE Convertible Notes issued | |
| 2,800,000 | |
| Less: Debt Discount associated with OID | |
| (280,000 | ) |
| PIPE Convertible Notes, net | |
| 6,588,953 | |
| Less: Gross PIPE Convertible Note principal converted into Class A common stock | |
| (3,213,000 | ) |
| Add: Accretion of debt discount | |
| 359,037 | |
| |
| 3,734,990 | |
| Less current portion | |
| (3,734,990 | ) |
| Total PIPE Convertible Notes, net at June 30, 2025 | |
$ | - | |
|