NONCONVERTIBLE PROMISSORY NOTES	12 Months Ended
Dec. 31, 2025
Nonconvertible Promissory Notes
NONCONVERTIBLE PROMISSORY NOTES	NOTE 13 — NONCONVERTIBLE PROMISSORY NOTES Nonconvertible Promissory Notes During the year ended December 31, 2025, the Company issued six unsecured nonconvertible promissory notes and received proceeds of $1,200,000. As of December 31, 2025, the Company had eleven outstanding unsecured nonconvertible promissory notes in the aggregate amount of $5,080,000, which bear interest at a rate of 10% per annum and mature between November 2025 and October 2030. In June 2025 and November 2025, two unsecured nonconvertible promissory notes with principal balance of $400,000 and $350,000, respectively, matured and were each extended for an additional period of two years, now maturing on June 14, 2027 and November 4, 2027. In November 2024, one unsecured nonconvertible promissory note amounting to $500,000 matured and was extended for an additional period of two years, now maturing on November 22, 2026. During the years ended December 31, 2025 and 2024, the Company recorded interest expense on its consolidated statements of operations amounting to $439,541 and $388,000 respectively, and paid interest of $429,264 and $388,000, respectively related to these unsecured nonconvertible promissory notes. As of December 31, 2025 and 2024, the Company had a balance of $500,000 and $750,000, respectively, recorded as current liabilities and $4,580,000 and $3,130,000 respectively, in noncurrent liabilities on its consolidated balance sheets related to these unsecured nonconvertible promissory notes. Unsecured nonconvertible promissory note– Socialyte On November 14, 2022, pursuant to a membership interest purchase agreement between NSL Ventures LLC (the “Socialyte Seller”) and the Company, (the “Socialyte Purchase Agreement”), the Company acquired all of the issued and outstanding membership interests of Socialyte (the “Socialyte Purchase”). As part of the Socialyte Purchase, the Company issued the Socialyte Seller an unsecured nonconvertible promissory note in the amount of $3 million (the “Socialyte Promissory Note”) that was to be repaid in two equal installments on June 30, 2023 and September 30, 2023. The Socialyte Promissory Note carries an interest of 4% per annum, which accrues monthly, and all accrued interest was to be due and payable on September 30, 2023. The Socialyte Promissory Note is recorded on the Company’s consolidated balance sheets in current liabilities under the caption notes payable, current portion. The Socialyte Purchase Agreement allows the Company to offset a working capital deficit against the Socialyte Promissory Note. As such, on June 30, 2023, the Company deferred these installment payments until the final post-closing working capital adjustment is agreed upon with the Socialyte Seller. The Company has filed a lawsuit against the Socialyte Seller and certain of its principals related to the Socialyte Purchase Agreement (See Note 25). The Company recorded interest expense related to the Socialyte Promissory Note of $120,000 for each of the years ended December 31, 2025 and 2024, respectively.

NONCONVERTIBLE PROMISSORY NOTES

12 Months Ended

Dec. 31, 2025

NOTE 13 — NONCONVERTIBLE PROMISSORY NOTES

Nonconvertible Promissory Notes

During the year ended December 31, 2025, the Company issued six unsecured nonconvertible promissory notes and received proceeds of $1,200,000. As of December 31, 2025, the Company had eleven outstanding unsecured nonconvertible promissory notes in the aggregate amount of $5,080,000, which bear interest at a rate of 10% per annum and mature between November 2025 and October 2030.

In June 2025 and November 2025, two unsecured nonconvertible promissory notes with principal balance of $400,000 and $350,000, respectively, matured and were each extended for an additional period of two years, now maturing on June 14, 2027 and November 4, 2027. In November 2024, one unsecured nonconvertible promissory note amounting to $500,000 matured and was extended for an additional period of two years, now maturing on November 22, 2026.

During the years ended December 31, 2025 and 2024, the Company recorded interest expense on its consolidated statements of operations amounting to $439,541 and $388,000 respectively, and paid interest of $429,264 and $388,000, respectively related to these unsecured nonconvertible promissory notes. As of December 31, 2025 and 2024, the Company had a balance of $500,000 and $750,000, respectively, recorded as current liabilities and $4,580,000 and $3,130,000 respectively, in noncurrent liabilities on its consolidated balance sheets related to these unsecured nonconvertible promissory notes.

Unsecured nonconvertible promissory note– Socialyte

On November 14, 2022, pursuant to a membership interest purchase agreement between NSL Ventures LLC (the “Socialyte Seller”) and the Company, (the “Socialyte Purchase Agreement”), the Company acquired all of the issued and outstanding membership interests of Socialyte (the “Socialyte Purchase”). As part of the Socialyte Purchase, the Company issued the Socialyte Seller an unsecured nonconvertible promissory note in the amount of $3 million (the “Socialyte Promissory Note”) that was to be repaid in two equal installments on June 30, 2023 and September 30, 2023. The Socialyte Promissory Note carries an interest of 4% per annum, which accrues monthly, and all accrued interest was to be due and payable on September 30, 2023. The Socialyte Promissory Note is recorded on the Company’s consolidated balance sheets in current liabilities under the caption notes payable, current portion.

The Socialyte Purchase Agreement allows the Company to offset a working capital deficit against the Socialyte Promissory Note. As such, on June 30, 2023, the Company deferred these installment payments until the final post-closing working capital adjustment is agreed upon with the Socialyte Seller. The Company has filed a lawsuit against the Socialyte Seller and certain of its principals related to the Socialyte Purchase Agreement (See Note 25).

The Company recorded interest expense related to the Socialyte Promissory Note of $120,000 for each of the years ended December 31, 2025 and 2024, respectively.