| SCHEDULE OF CURRENT AND LONG TERM PRINCIPAL DUE UNDER NONCONVERTIBLE NOTE |
The
following table details the current and long-term principal due under non-convertible notes as of December 31, 2025.
SCHEDULE OF CURRENT AND LONG TERM PRINCIPAL DUE UNDER NONCONVERTIBLE NOTE
| | |
Principal | | |
Principal | |
| | |
(Current) | | |
(Long
Term) | |
| Non-Convertible Note (Issued March 8, 2019) | |
$ | - | | |
$ | 5,000 | |
| Deed of Trust Note (Issued September 1, 2022) | |
| 53,712 | | |
| 490,276 | |
| Deed of Trust Note (Issued September 1, 2022) | |
| 53,712 | | |
| 490,276 | |
| Equipment Finance Note (Issued April 21, 2022) | |
| 115,321 | | |
| - | |
| Equipment Finance Note (Issued January 10,
2023) | |
| 184,169 | | |
| - | |
| Equipment Finance Note (Issued February 24,
2023) | |
| 120,482 | | |
| - | |
| Equipment Finance Note (Issued February 23,
2023) | |
| 199,140 | | |
| 383,999 | |
| Equipment Finance Note (Issued February 3,
2025) | |
| 228,840 | | |
| 971,570 | |
| Equipment Finance Note (Issued February 3,
2025) | |
| 171,660 | | |
| 699,702 | |
| Equipment Finance Note (Issued February 3,
2025) | |
| 260,400 | | |
| 1,060,427 | |
| Equipment Finance Note (Issued February 3,
2025) | |
| 208,320 | | |
| 849,133 | |
| Equipment Finance Note (Issued May 28, 2025) | |
| 276,480 | | |
| 970,057 | |
| Equipment Finance Note (Issued May 28, 2025) | |
| 88,599 | | |
| 1,478,121 | |
| SAFTs | |
| - | | |
| 85,000 | |
| DWM Property Note | |
| 5,391,859 | | |
| - | |
| Debt Discount | |
| (162,391 | ) | |
| (1,642,823 | ) |
| Total Principal of Non-Convertible Notes | |
$ | 7,190,303 | | |
$ | 5,840,738 | |
|
| SCHEDULE OF PRINCIPAL PAYMENTS DUE ON NON-CONVERTIBLE NOTES |
Total
principal payments due on non-convertible notes for 2026 through 2028 and thereafter is as follows:
SCHEDULE OF PRINCIPAL PAYMENTS DUE ON NON-CONVERTIBLE NOTES
| Year
ended December 31, | |
| |
| 2026 | |
$ | 7,352,695 | |
| 2027 | |
| 1,540,863 | |
| 2028 | |
| 1,526,582 | |
| 2029 | |
| 1,341,723 | |
| Thereafter | |
| 3,074,392 | |
|