| Schedule of Maturities of Series A Preferred Stock Redemptions |
The following table provides the maturities of
Series A preferred stock redemptions at March 31, 2026:
| |
|
Series A
Preferred
Stock |
|
| 2026 (9 months remaining) |
|
$ |
9,242,699 |
|
| 2027 |
|
|
5,206,648 |
|
| 2028 |
|
|
5,347 |
|
| 2029 |
|
|
- |
|
| 2030 and thereafter |
|
|
- |
|
| Total future undiscounted redemption payments |
|
|
14,454,694 |
|
| Less: Interest |
|
|
(783,600 |
) |
| Present value of redemption payments |
|
|
13,671,094 |
|
| Current portion |
|
|
(9,242,699 |
) |
| Long term portion |
|
$ |
4,428,395 |
|
|
The following table provides the maturities of
Series A preferred stock redemptions at December 31, 2025:
| | |
Series A | |
| | |
Preferred Stock | |
| 2026 | |
$ | 9,447,335 | |
| 2027 | |
| 5,206,648 | |
| 2028 | |
| 5,347 | |
| 2029 | |
| - | |
| 2030 and thereafter | |
| - | |
| Total future undiscounted redemption payments | |
| 14,659,330 | |
| Less: Interest | |
| (1,009,351 | ) |
| Present value of redemption payments | |
| 13,649,979 | |
| Current portion | |
| (9,447,335 | ) |
| Long term portion | |
$ | 4,202,644 | |
|