v3.26.1
Notes Payable to Related Parties
12 Months Ended
Dec. 31, 2025
Notes Payable to Related Parties [Abstract]  
NOTES PAYABLE TO RELATED PARTIES

NOTE 6 – NOTES PAYABLE TO RELATED PARTIES 

 

Notes payable to related parties consisted of the following:

 

   December 31,
2025
   December 31,
2024
 
May 2024 and December 2023 - $7,000 and $24,000 original amount bearing a one-time interest fee of $2,460 due upon demand.   
            -
    31,000 
Total notes payable to related parties  $
-
   $31,000 

 

December 2023 ($135,000) – On December 1, 2023, the Company issued a promissory note to two members of management in the amount of $135,000. The promissory note did not accrue interest. The promissory note was paid as of December 31, 2024.

May 2024 and December 2023 ($7,000 and $24,000) – On December 12, 2023, the Company issued a promissory note to a member of management. The promissory note accrued interest at a one-time interest fee of $2,460, which was paid off in full as of December 31, 2025. The unpaid principal balance was $0 and $31,000 at December 31, 2025 and 2024, respectively.

 

August 2024 ($80,000) – On August 27, 2024, the Company issued a promissory note of $80,000 to a member of management. The promissory note accrued no interest. The balance was paid as of December 31, 2024.

 

August 2024 ($20,000) – On August 27, 2024, the Company issued a promissory note of $20,000 to a member of management. The promissory note accrued no interest. The balance was paid as of December 31, 2024.

 

September 2024 ($20,000) – On September 30, 2024, the Company issued a promissory note of $20,000 to a member of management. The promissory note accrued no interest. The balance was paid as of December 31, 2024.