v3.25.4
Note 6 - Convertible Notes Payable: Schedule of Long-Term Debt Instruments (Tables)
6 Months Ended
Dec. 31, 2025
Tables/Schedules  
Schedule of Long-Term Debt Instruments

 

 

December 31,

2025

 

 

 

 

 

Convertible note entered into August 1, 2025 due August 1, 2026; One-time interest charge of $22,440 (12%) added to principal at inception. OID of $20,000 on this convertible note.

 

$

209,440  

 

 

 

 

 

 

Convertible note entered into November 10, 2025 due November 10, 2026; One-time interest charge of $7,200 (12%) added to principal at inception. OID and debt discount of $67,200 on this convertible note.

 (a)

 

67,200  

 

 

 

 

 

 

Convertible note entered into November 10, 2025 due November 10, 2026; One-time interest charge of $7,200 (12%) added to principal at inception. OID and debt discount of $67,200 on this convertible note.

 (b)

 

67,200  

 

 

 

 

 

 

Convertible note entered into November 18, 2025 due November 18, 2026; One-time interest charge of $7,200 (12%) added to principal at inception. OID and debt discount of $67,200 on this convertible note.

 (c)

 

67,200  

 

 

 

 

 

 

Convertible note entered into November 20, 2025 due November 20, 2026; One-time interest charge of $7,200 (12%) added to principal at inception. OID and debt discount of $67,200 on this convertible note.

 (d)

 

67,200  

 

 

 

 

 

 

Convertible note entered into November 20, 2025 due August 20, 2026 at 5% interest per annum. OID and debt discount of $85,165 on this convertible note.

 (e)

 

150,000  

 

 

 

 

 

 

Convertible note entered into November 20, 2025 due August 20, 2026 at 8% interest per annum on the Equity Line of Credit. OID and debt discount of $127,748 on this convertible note.

 (f)

 

225,000  

 

 

 

 

 

 

Convertible note entered into November 25, 2025 due November 25, 2026; One-time interest charge of $7,200 (12%) added to principal at inception. OID and debt discount of $67,200 on this convertible note.

 (g)

 

67,200  

 

 

 

 

 

 

 Total

 

 

920,440  

 

Less: Current portion

 

 

(429,446) 

 

Less: Discounts

 

 

(490,994) 

 

Long-term debt

 

$