| Schedule of Outstanding Third-Party Debt |
Total outstanding third-party debt
of the Company is comprised of the following, including convertible notes:
| December 31, 2025 | |
Principal | | |
Debt
Discount | | |
Total | |
| Revolving Loan Facility | |
$ | 14,000,000 | | |
$ | - | | |
$ | 14,000,000 | |
| Convertible notes payable, net | |
| 1,750,000 | | |
| (87,629 | ) | |
| 1,662,371 | |
| Notes payable | |
| 1,762,415 | | |
| - | | |
| 1,762,415 | |
| Total | |
$ | 17,512,415 | | |
$ | (87,629 | ) | |
$ | 17,424,786 | |
| December 31, 2024 | |
Principal | | |
Debt
Discount | | |
Total | |
| Revolving Loan Facility | |
$ | 12,700,000 | | |
$ | - | | |
$ | 12,700,000 | |
| Convertible notes payable, net | |
| 1,200,000 | | |
| (1,102,684 | ) | |
| 97,316 | |
| Total | |
$ | 13,900,000 | | |
$ | (1,102,684 | ) | |
$ | 12,797,316 | |
|