v3.26.1
COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2026
COMMITMENTS AND CONTINGENCIES  
COMMITMENTS AND CONTINGENCIES

NOTE 14 – COMMITMENTS AND CONTINGENCIES

 

Operating Lease Liabilities

 

The tables below present information regarding the Company’s operating lease and liability as of March 31, 2026 and December 31, 2025:

 

 

 

2026

 

 

2025

 

Assets and liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease right-of-use asset

 

$-

 

 

$175,450

 

Operating lease liability

 

$-

 

 

$207,808

 

Weighted-average remaining lease term (in years)

 

 

-

 

 

 

2.1

 

Weighted-average discount rate

 

 

-

 

 

 

8.0%

 

Components of lease expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of right-of-use operating lease asset

 

$-

 

 

$84,216

 

Lease liability in connection with obligation payment

 

 

-

 

 

 

20,300

 

Total operating lease cost

 

$-

 

 

$104,516

 

 

Consulting Agreements

 

Effective October 15, 2025 and in connection with the acquisition discussed in Note 3, Acquisition, Sentry entered into a consulting agreement with the seller of that business through April 15, 2026 wherein Sentry is obligated to compensate that individual $50,000 per month. Remaining payments due to this individual total $175,000 as of March 31, 2026.

 

Effective October 28, 2025, Sentinel entered into a consulting agreement with Padang Padang, Ltd (“Padang”), a related party, through October 2026 wherein Sentinel is obligated to compensate Padang $20,000 per month. Remaining payments due to Padang under the terms of this agreement total $205,000 as of March 31, 2026.

 

Legal Matters

 

The Company, as previously indicated, is subject to litigation claims arising in the ordinary course of business. In that regard, the Company has assessed each matter individually and has recorded aggregated estimated liabilities for litigation claims of $347,325 as of March 31, 2026 and December 31, 2025. The Company is not aware of any litigation, pending litigation, or other transactions that, in the opinion of management, would require specific disclosure as of those dates to prevent the financial statements from being misleading.