Finance Agreement Payable (Details Narrative) - USD ($) |
1 Months Ended | 12 Months Ended | ||||
|---|---|---|---|---|---|---|
Oct. 25, 2024 |
Oct. 25, 2023 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Oct. 25, 2025 |
Jun. 30, 2025 |
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| Finance Agreement Payable | ||||||
| Financing agreement entered into for prepaid insurance | $ 383,455 | $ 467,500 | $ 383,455 | $ 467,500 | ||
| Interest rate | 8.80% | 8.95% | ||||
| Maturity date | Aug. 25, 2025 | Aug. 25, 2024 | ||||
| Prepaid expenses | $ 550,000 | $ 451,124 | ||||
| Finance agreement payable | 306,764 | 374,000 | $ 76,691 | |||
| Unamortized balance | $ 368,315 | $ 449,041 | $ 144,607 | |||
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Maturity date of long-term debt, in YYYY-MM-DD format. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount as of the balance sheet date of expenditures made in advance of when the economic benefit of the cost will be realized, and which will be expensed in future periods with the passage of time or when a triggering event occurs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. No definition available.
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