v3.26.1
Debt (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Financing Agreements

The Company has entered into financing agreements to purchase equipment and software as a service, with a weighted average imputed or stated interest of 22%. Amounts due under the agreements are due over a weighted average period of 31 months, with maturities as follows as of March 31, 2026:

 

      
2026 (9 months)  $361,000 
2027   411,000 
2028   99,000 
2029   149,000 
2030   35,000 
Total payments due   1,055,000 
Less: interest   (264,000)
 Financing agreements   791,000 
Less: current portion   (308,000)
Financing agreements  $483,000 
Schedule Of Notes Payable

 

   March 31,   December 31, 
   2026   2025 
Manager note  $41,000   $61,000 
Advances from Arps Dairy former stockholders   400,000    800,000 
Mortgage Note payable to bank in monthly installments of $22,000 including interest at 6.85% with a balloon payment due January 1, 2026; secured by real property and personal guarantees of Arps’ former stockholders.   -    2,170,000 
Total payments due   441,000    3,031,000 
Less: current portion   (441,000)   (3,031,000)
Long-term portion  $-   $- 
Schedule of Black-scholes Option Pricing Model

 

   Warrant   Call 
Risk-free interest rate   3.5%   3.5%
Expected volatility   90%   90%
Expected term (years)   4    4 
Expected dividends  $-   $- 
Stock price  $2.76   $2.76 
Exercise price  $3.20   $4.80