v3.25.4
Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]
Schedule of interest expense
The Company’s interest expense for 2024 consists of the following:
Year Ended
December 31,
2024
Related party interest expense – stated rate
$
302,740
Legal judgment estimated interest (income) expense
(234,750)
Bond premium
59,929
Premium on irrevocable letter of credit
22,383
Non-cash interest expense:
Amortization of debt discount
582,550
Amortization of transaction costs
16,456
$
749,308
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Tabular disclosure of interest expense.
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