Loans and Notes Payable (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Debt Disclosure [Abstract] |
|
| Schedule of loans and notes payable |
| Schedule of loans and notes payable |
|
|
|
|
|
|
|
|
| |
|
March 31,
2026 |
|
|
December 31,
2025 |
|
| Various promissory notes and convertible notes |
|
$ |
13,556 |
|
|
$ |
64,517 |
|
| Blue Ridge Bank |
|
|
410,200 |
|
|
|
410,200 |
|
| Small Business Administration |
|
|
358,827 |
|
|
|
358,827 |
|
| Al Dali Intl for Gen. Trading & Cont. Co. |
|
|
248,877 |
|
|
|
248,877 |
|
| RSF, LLC |
|
|
500,000 |
|
|
|
500,000 |
|
| Cedarview Opportunities Master Fund LP |
|
|
4,112,159 |
|
|
|
3,701,402 |
|
| Curve Capital, LLC |
|
|
838,784 |
|
|
|
549,463 |
|
| William Tuorto |
|
|
387,020 |
|
|
|
- |
|
| ClearThink Capital Partners, LLC |
|
|
584,779 |
|
|
|
588,015 |
|
| ClearThink Capital Partners, LLC (RBW) |
|
|
1,267,632 |
|
|
|
1,619,159 |
|
| Agile Capital Funding, LLC |
|
|
1,816,972 |
|
|
|
1,713,300 |
|
| JJ Astor |
|
|
6,453,996 |
|
|
|
5,553,900 |
|
| Total notes payable |
|
$ |
16,992,802 |
|
|
$ |
15,307,660 |
|
| |
|
|
|
|
|
|
|
|
| Loans and notes payable, current |
|
$ |
8,293,922 |
|
|
$ |
7,443,434 |
|
| Loans and notes payable, long term |
|
$ |
8,698,880 |
|
|
$ |
7,864,226 |
|
|
| Schedule of loans and notes payable related parties |
| Schedule of loans and notes payable related parties |
|
|
|
|
|
|
|
|
| |
|
March 31,
2026 |
|
|
December 31,
2025 |
|
| Jorgan Development, LLC |
|
$ |
- |
|
|
$ |
1,137,563 |
|
| James Ballengee Companies |
|
|
2,038,987 |
|
|
|
1,981,730 |
|
| Meridian Equipment Leasing, LLC |
|
|
6,329,560 |
|
|
|
6,701,887 |
|
| Triple T Trading Company LLC |
|
|
505,810 |
|
|
|
497,109 |
|
| Total notes payable - related parties |
|
$ |
8,874,356 |
|
|
$ |
10,318,288 |
|
| |
|
|
|
|
|
|
|
|
| Loans and notes payable, current - related parties |
|
$ |
2,544,797 |
|
|
$ |
3,616,401 |
|
| Loans and notes payable, long term - related parties |
|
$ |
6,329,560 |
|
|
$ |
6,701,887 |
|
|
| Schedule of maturities of loans and notes payable |
| Schedule of maturities of loans and notes payable |
|
|
|
|
|
|
|
|
| 2026 |
|
$ |
11,566,803 |
|
|
$ |
11,501,679 |
|
| 2027 |
|
|
10,179,890 |
|
|
|
9,345,236 |
|
| 2028 |
|
|
1,781,803 |
|
|
|
1,781,803 |
|
| 2029 |
|
|
3,040,958 |
|
|
|
3,413,285 |
|
| 2030 |
|
|
25,788 |
|
|
|
25,788 |
|
| Thereafter |
|
|
- |
|
|
|
- |
|
| Total long-term debt |
|
|
26,595,242 |
|
|
|
26,067,791 |
|
| Less: unamortized OID: |
|
|
(728,084 |
) |
|
|
(441,843 |
) |
| Net debt |
|
$ |
25,867,159 |
|
|
$ |
25,625,948 |
|
|