| Schedule of convertible notes payable | |
| |
| |
| |
| |
| | | |
| | |
| | |
Conversion
price per
share | |
Interest
rate | |
Effective
rate(1) | |
Due
date | |
December
31, 2025 | | |
December
31, 2024 | |
| SJC convertible promissory note | |
80% of 10-day VWAP | |
12% | |
21% | |
October 29,2026 | |
$ | 440,000 | | |
$ | - | |
| Fair value of embedded conversion options | |
| |
| |
| |
| |
| 150,000 | | |
| - | |
| Less: unamortized debt discounts | |
| |
| |
| |
| |
| 33,000 | | |
| - | |
| Total convertible notes payable, net of financing cost, long-term | |
| |
| |
| |
| |
$ | 557,000 | | |
$ | - | |
| Less: current portion | |
| |
| |
| |
| |
| 557,000 | | |
| | |
| Convertible notes payable, net of financing cost – long-term portion | |
| |
| |
| |
| |
$ | - | | |
$ | - | |