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NOTES PAYABLE
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
NOTES PAYABLE

NOTE 7 – NOTES PAYABLE

 

As of December 31, 2025 and December 31, 2024, the balance of notes payable was $315,000 and $231,164, respectively.

 

On December 18, 2024, the Company borrowed $50,000 under promissory notes that provided for interest at 10% per annum, with monthly interest-only payments for six months and a maturity date six months from the loan date. The loan remained outstanding as of December 31, 2025.

 

On April 30, 2024, the Company borrowed $50,000 under promissory notes that provided for interest at 10% per annum, with monthly interest-only payments for six months and a maturity date six months from the loan date. In connection with these financings, the Company agreed to issue the lenders 100 shares and 50 shares, respectively, of Series A Convertible Preferred Stock, which were issued during the year ended December 31, 2025.

 

Due to Company’s failure to repay the promissory notes upon maturity, the interest rate increased to 20%, and an additional 50,000 shares were issued as a penalty. These penalty shares were also issued during the year ended December 31, 2025. The loan remained outstanding as of December 31, 2025.

 

On November 6, 2025, the Company entered into a promissory note agreement with in the principal amount of $115,000 bearing interest at 12% per annum and maturing on November 6, 2026. The note does not require periodic payments and is convertible into common stock after 180 days at 70% of the lowest traded price during the prior 10 trading days, subject to certain terms and conditions. As of December 31, 2025, the unpaid principal balance on the note was $115,000.

 

On December 16, 2025, the Company entered into a promissory note agreement in the principal amount of $100,000 bearing interest at 15% per annum and maturing six months from issuance. The note is convertible into common stock at the lender’s option at a conversion price equal to 80% of the market price, as defined in the agreement. The note does not require periodic payments prior to maturity. As of December 31, 2025, the unpaid principal balance on the note was $100,000.

 

On October 2, 2025, the Company entered into a conversion agreement pursuant to which a $100,000 loan and accrued interest of $5,000 were converted into 2,917 shares of Series B Convertible Preferred Stock.