| Schedule of Notes Payable |
The Company’s notes
payable at March 31, 2026 and December 31, 2025 are as follows:
| | |
March 31,
2026 | | |
December 31,
2025 | |
| $2,000,000 and $6,000,000 Notes | |
$ | 9,595,223 | | |
$ | 9,595,223 | |
| $3,024,000 November 12, 2025 Accounts Receivable Advance | |
| - | | |
| 2,436,000 | |
| $4,032,000 March 10, 2026 Accounts Receivable Advance | |
| 3,830,400 | | |
| - | |
| $17,500,000 May 2025 Loan | |
| 17,725,033 | | |
| 17,500,000 | |
| | |
| 31,150,656 | | |
| 29,531,223 | |
| Unamortized debt issuance cost and debt discount | |
| (3,401,620 | ) | |
| (2,816,562 | ) |
| Total | |
| 27,749,036 | | |
| 26,714,661 | |
| | |
| | | |
| | |
| Current portion, other | |
| (2,730,981 | ) | |
| (1,658,215 | ) |
| Long-term portion, other | |
$ | 25,018,055 | | |
$ | 25,056,446 | |
|