v3.26.1
NOTES AND CONVERTIBLE NOTE PAYABLE (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
SCHEDULE OF NOTES AND CONVERTIBLE NOTE PAYABLE

 

NOTE AND CONVERTIBLE NOTES PAYABLE DUE WITHIN 1 YEAR  June 30, 2026   December 31, 2025 
AGIG convertible note payable  $5,000,000   $- 
Accrued interest on AGIG convertible note payable   1,458,630    - 
RPD Convertible Note-related party   4,144,397    - 
BFH AGIG note payable – related party   435,000    435,000 
BFH RPD note payable- related party   240,000    240,000 
BFH HUSA note payable – related party   -    3,500,000 
Accrued interest on BFH HUSA note payable – related party   -    33,562 
Notes payable  $11,278,027   $4,208,562 
           
NOTE AND CONVERTIBLE NOTE PAYABLE DUE GREATER THAN 1 YEAR          
           
AGIG convertible note payable  $-   $5,000,000 
Accrued interest on AGIG convertible note payable   -    1,260,274 
Convertible note payable non-current  $-   $6,260,274 
           
TOTAL NOTE AND CONVERTIBLE NOTES PAYABLE  $11,278,027   $10,468,836 
SCHEDULE OF FUTURE ANNUAL REPAYMENT OF NOTES To RELATED PARTY, CONVERTIBLE NOTES AND ACCRUED INTEREST

Future annual repayment of notes – related party, convertible notes and accrued interest as of June 30, 2026 is as follows:

 

Years ended December 31,    
Due on demand  $435,000 
2026   240,000 
2027   10,599,630 
Present value of minimum payments  $11,274,630 
SCHEDULE OF CONVERTIBLE NOTES

 

  

Three months ended

June 30, 2026

 
Fair value of principal received at issuance  $4,040,000 
Change in fair value of debt   104,397 
Ending balance as of June 30, 2026  $4,144,397