| Summary of Notes Payable Related Parties |
Notes payable, related parties consists of the following at December 31, 2025 and December 31, 2024, respectively:
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December 31, 2025 |
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December 31, 2024 |
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Convertible Notes payable, bearing interest at 8% per annum, maturing on April 30, 2030 |
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$ |
1,620,022 |
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$ |
2,500,000 |
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Convertible Notes payable, bearing interest at 6% per annum, maturing on April 30, 2030 |
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239,928 |
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- |
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Total notes payable, related parties |
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1,859,950 |
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2,500,000 |
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Less unamortized debt discounts: |
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518,530 |
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304,500 |
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Notes payable |
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1,341,420 |
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2,195,500 |
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Less current maturities |
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1,341,420 |
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2,195,500 |
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Notes payable, related parties, less current maturities |
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$ |
- |
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$ |
- |
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