v3.26.1
DEBT AND CREDIT FACILITIES (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
SCHEDULE OF LONG-TERM DEBT

The table below presents the components of the Company’s outstanding debt for the periods presented:

 

   March 31,
2026
   December 31,
2025
 
CRG Term Loan  $42,750,000   $42,750,000 
Paid-in-kind interest   3,038,578    3,038,578 
Back-end fee   1,320,342    1,138,398 
Total Debt   47,108,920    46,926,976 
           
Less: unamortized debt issuance costs   (882,498)   (956,039)
           
Long-term debt  $46,226,422   $45,970,937 
SCHEDULE OF MATURITIES OUTSTANDING

The table below presents the aggregate maturities of the Company’s outstanding debt as of March 31, 2026:

 

Year  Total 
Remainder of 2026  $- 
2027   - 
2028   - 
2029   47,108,920 
2030   - 
2031   - 
Thereafter   - 
Total debt  $47,108,920