v3.25.2
Line of Credit and Notes Payable, Net of Discount (Tables)
12 Months Ended
Dec. 31, 2024
Line of Credit and Notes Payable, Net of Discount  
Summary of notes payable

Notes payable, net of discount

    

December 31, 2024

    

December 31, 2023

Note payable issued November 29, 2021

$

336,983

$

Note payable issued December 1, 2021

 

1,500,600

 

Note payable issued January 12, 2023

220,000

Note payable issued August 18, 2023

 

64,000

 

Note payable issued November 29, 2023

33,000

Total notes payable

 

1,934,583

 

220,000

Less: Current portion

 

(433,983)

 

(220,000)

Less: Fair value adjustment for debt

(906,659)

Total notes payable, net of current portion

$

593,941

$

Schedule of required principal payments of notes payable and line of credit

Year ending December 31, 2025

    

$

438,550

Year ending December 31, 2026

 

26,535

Year ending December 31, 2027

 

37,720

Year ending December 31, 2028

 

39,008

Year ending December 31, 2029

 

40,646

Thereafter

1,352,123

Total

$

1,934,583