NOTE 6. PROMISSORY NOTE AND INTEREST

On July 20, 2022, the Company entered into a 2-year promissory note of $13,000 with a related party to finance the acquisition of patent licenses used in its drone business. On July 20, 2024, the promissory note was extended with a maturity date of July 17, 2027. The promissory note bears interest of 12%.

During the year ended December 31, 2025, interest expense on the promissory note was $1,560 (recorded as finance cost). The note remains non-amortizing, 12% interest, related-party, extended maturity July 17, 2027.