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DEBT
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
DEBT

NOTE 8. DEBT

 

Revolving Line of Credit

 

On November 3, 2021, the Company entered into an agreement for a new revolving line of credit of $2.0 million and a blocked/restricted deposit account (“blocked account”) with Professional Bank in Coral Gables, Florida. The agreement included a variable interest rate that it is based on a rate of 1.0% over what is earned on the collateral account. Based on the agreement with the bank, each draw request from the credit line will be 100% cash secured with moneys held from the blocked account. The outstanding balance was $0 and $453,232 as of December 31, 2025 and 2024, respectively. The line of credit expired in December 2024, and the Company paid off the credit line balance in full on January 3, 2025.