| Schedule of Notes Payable |
Notes
payables consisted of the following:
Schedule of Notes Payable
| | |
December 31, 2025 | | |
December
31, 2024 | |
| | |
| | |
| |
| Related party demand notes with a 10% financing fee. 10% annual interest from issuance. As of December 31, 2025 and December 31, 2024, all these notes are callable. | |
$ | 220,000 | | |
$ | 880,000 | |
| Related party convertible notes with a 10% financing fee. 10% annual interest from issuance. As of December 31, 2025 and December 31, 2024, all these notes are callable. | |
| 660,000 | | |
| - | |
| Convertible notes payable. 10% annual interest. Conversion price of $16.00 | |
| 50,000 | | |
| 235,000 | |
| Convertible note payable. 12% annual interest. Conversion price of $288.00 | |
| - | | |
| 85,000 | |
| Cash advance agreement | |
| - | | |
| 258,202 | |
| Note payable. 35% - 100% cumulative interest. Matures on June 29, 2028 | |
| 1,089,389 | | |
| 1,280,986 | |
| Convertible debenture payable. 7% annual interest. | |
| - | | |
| 4,434,146 | |
| Note payable. 7% annual interest | |
| - | | |
| 253,678 | |
| Other debt | |
| - | | |
| 181,100 | |
| Notes payable, gross | |
| - | | |
| 181,100 | |
| Less debt discount and financing costs | |
| - | | |
| (141,328 | ) |
| Total, net of discount | |
| 2,019,389 | | |
| 7,466,784 | |
| Less current portion | |
| 1,274,664 | | |
| 6,338,071 | |
| Long-term portion of notes payable | |
$ | 744,725 | | |
$ | 1,128,713 | |
|
| Schedule of Long-term Debt Maturities |
Long-term
debt maturities at December 31, 2025:
Schedule
of Long-term
Debt Maturities
| 2026 | |
$ | 305,931 | |
| 2026 | |
$ | 305,931 | |
| 2027 | |
| 586,557 | |
| 2028 | |
| - | |
| 2029 | |
| - | |
| 2030 and beyond | |
| - | |
| Long term notes payable | |
$ | 892,488 | |
|