Debt (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Defined Benefit Plan Disclosure [Line Items] |
|
| Schedule of Notes Payable |
The
Company has notes payable (in addition to the Senior Secured Note and the Convertible Note payable to Kaufman Kapital described above),
consisting of the following as of March 31, 2026, and December 31, 2025:
Schedule of Notes Payable
| | |
March
31, | | |
December
31, | |
| | |
2026 | | |
2025 | |
| EnWave
Equipment Loan | |
$ | 1,500,000 | | |
$ | 1,500,000 | |
| SBA
EIDL Loan | |
| 34,500 | | |
| 34,500 | |
| Total
notes payable | |
$ | 1,534,500 | | |
$ | 1,534,500 | |
| Less:
current maturities | |
| 720,115 | | |
| 534,668 | |
| Notes
payable, less current maturities | |
$ | 814,385 | | |
$ | 999,832 | |
|
| Schedule of Recognized Interest Expense |
The
Company recognized aggregate interest expense for the three months ended March 31, 2026, and 2025 respectively, as follows:
Schedule of Recognized Interest Expense
| | |
March
31, | | |
March
31, | |
| | |
2026 | | |
2025 | |
| Interest
on convertible note payable, related party | |
$ | 102,313 | | |
$ | 100,603 | |
| Amortization
of debt discounts on related party convertible note | |
| 11,104 | | |
| 12,833 | |
| Amortization
of debt discounts on related party convertible note, warrants | |
| 3,102 | | |
| 3,586 | |
| Amortization
of debt discounts on related party convertible notes | |
| 3,102 | | |
| 3,586 | |
| Interest
on notes payable | |
| 323 | | |
| 5,008 | |
| Interest
on note payable, related party | |
| 20,667 | | |
| 102,082 | |
| Interest
on notes payable | |
| 20,667 | | |
| 102,082 | |
| Interest
on finance lease | |
| 37,394 | | |
| 37,369 | |
| Interest
on first credit position financing | |
| - | | |
| 16,866 | |
| Total
interest expense | |
$ | 174,903 | | |
$ | 278,347 | |
|
| Related Party [Member] |
|
| Defined Benefit Plan Disclosure [Line Items] |
|
| Schedule of Notes Payable |
Notes
payable to related parties, consists of the following as of March 31, 2026 and December 31, 2025:
Schedule of Notes Payable Related Parties
| | |
March
31, 2026 | | |
December
31, 2025 | |
| | |
| | |
| |
| Total
Kaufman Convertible Note Payable, related party | |
$ | 2,900,000 | | |
$ | 3,400,000 | |
| Less:
discounts | |
| 25,103 | | |
| 39,309 | |
| Convertible
note payable, related party, net of discounts | |
| 2,874,897 | | |
| 3,360,691 | |
| Less:
current maturities | |
| 2,874,897 | | |
| 3,360,691 | |
| Convertible
note payable, related party, less current maturities | |
$ | - | | |
$ | - | |
| | |
| | | |
| | |
| Total
Kaufman Senior Secured Promissory Note, related party | |
| 1,500,000 | | |
| - | |
| Total
note payable, related party | |
| 1,500,000 | | |
| - | |
| Less:
current maturities | |
| 1,500,000 | | |
| - | |
| Note
payable, related party, less current maturities | |
$ | - | | |
$ | - | |
|