v3.26.1
Notes Payable (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of notes payable

The following table presents notes payable as of June 30, 2026 and December 31, 2025:

 

 

 

June 30,
2026

 

 

December 31,
2025

 

On July 27, 2018, the Company entered into a Bridge Loan Agreement and Promissory Note, with an interest rate of 0.50% per month for the first six months and 0.75% per month through the Maturity Date of July 27, 2019. On April 27, 2026, BioStem Technologies, Inc. entered into a Settlement Agreement and Release to resolve all disputes arising from loan agreements in default.

 

$

-

 

 

$

1,000,000

 

On October 5, 2018, the Company entered into a Bridge Loan Agreement and Promissory Note, with an interest rate of 0.50%, per month for the first six months and 0.75% per month through the Maturity Date of October 5, 2019. On April 27, 2026, BioStem Technologies, Inc. entered into a Settlement Agreement and Release to resolve all disputes arising from loan agreements in default.

 

 

-

 

 

 

2,000,000

 

On April 23, 2026, the Company entered into a Bridge Loan Agreement and Promissory Note, with an interest rate of 0.50% per month for the first six months and 0.75% per month through the Maturity Date of April 23, 2027.

 

 

1,000,000

 

 

 

-

 

Total notes payable

 

 

1,000,000

 

 

 

3,000,000

 

Less: current portion of notes payable

 

 

(1,000,000

)

 

 

(3,000,000

)

Notes payable-long-term

 

$

-

 

 

$

-