v3.26.1
Notes Payable (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Notes Payable [Abstract]    
Schedule of Notes Payable

Notes payable as of March 31, 2026 and December 31, 2025 is as follows:

 

   Outstanding
Principal
as of
March 31,
2026
   Outstanding
Principal
as of
December 31,
2025
   Interest
Rate
   Original
Maturity
Date
The June 13, 2020 Loan  $
-
   $
-
    3.75%  June 2050
The April 20 2023 Loan Agreement   25,433    31,213    18%  June 2026
The May 31, 2024 Loan Agreement   44,317    55,000    15%  June 2026
The December 30, 2024 Loan Agreement   
-
    23,965    20%  February 2026
The February 27, 2025 Loan Agreement   
-
        18%  February 2026
The June 1, 2025 Loan   
-
    81    
-
%  December 2026
The July 23, 2025 Loan Agreement   
-
    358    
-
%  January 2027
The October 1, 2025 Loan Agreement   
-
    18,677    
-
%  April 2027
The January 5, 2026  Loan Agreement   4,908    
-
    
-
%  January 2027
The January 29, 2026 Loan Agreement   94,110    
-
    20%  July 2026
The February 9, 2026 Loan Agreement   50,593    
-
    
-
%  August 2027
    219,361    

129,294

         
Less: Debt Discount   (21,987)   (8,164)        
Total Debt   197,374    

121,130

         
Less: Current Debt   (151,515)   (106,819)        
Total Long Term Debt  $45,859   $14,311         

Notes payable as of December 31, 2025 and 2024 is as follows:

 

   Outstanding
Principal
as of
December 31,
2025
   Outstanding
Principal
as of
December 31,
2024
   Interest
Rate (%)
   Original
Maturity
Date
The April 2020 PPP Loan Agreement  $
-
   $198,577      1%  April 2022
The Second September 2022 Loan Agreement   
-
    408,625    
-
   August 2023
The April 20 2023 Loan Agreement   31,213    41,213    
-
   June 2026
The April 5, 2024 Loan Agreement   
-
    56,250    
-
   February 2025
The May 3, 2024 Loan Agreement   
-
    48,489    
-
   May 2025
The May 31, 2024 Loan Agreement*   55,000    57,000    15   May 2025
The August 20, 2024 Loan Agreement   
-
    14,645    
-
   February 2025
The October 18, 2024 Loan Agreement   
-
    21,586    
-
   April 2026
The December 30, 2024 Loan Agreement   23,965    117,615    20   February 2026
The June 1, 2025 Loan Agreement   81    
-
    
-
   December 2026
The July 23, 2025 Loan Agreement   358    
-
    
-
   January 2027
The October 1, 2025 Loan Agreement   18,677    
-
    
-
   April 2027
    129,294    964,000         
Less: Debt Discount   (8,164)   (16,000)        
Total Debt   121,130    948,000         
Less: Current Debt   (106,819)   (926,414)        
Total Long Term Debt  $14,311   $21,586         

 

*In default as of December 31, 2025