v3.26.1
Note 8 - Notes Payable - Notes Payable to Non-related Parties (Details) - USD ($)
6 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
May 09, 2024
Long-term debt $ 11,015,683 $ 10,984,353    
Less current portion (9,750,000) (9,750,000)    
Long-term debt, noncurrent 1,265,683 1,234,353    
Remainder of fiscal year 9,750,000      
Year one 0 9,750,000    
Year two 0 0    
Year three 1,265,683 0    
Year four 0 1,234,353    
Year five 0 0    
After year five   0    
Promissory Note to VidaCann Former Managers [Member]        
Promissory note $ 1,265,683 1,234,353    
Interest rate [1] 7.50%      
Effective interest rate 15.00%     15.00%
Maturity date May 06, 2029      
Bank of Nevada Revolving Line of Credit [Member]        
Interest rate [2] 5.65%      
Effective interest rate 5.65%      
Maturity date Jun. 30, 2027      
Long-Term Line of Credit $ 9,750,000 $ 9,750,000 $ 9,750,000  
[1] The Promissory note to VidaCann former managers had a face value of $1,500,000. The Company determined a fair value of $1,148,423 at the May 9, 2024 acquisition date using a 15% estimated borrowing rate. Total interest expense including paid interest and amortization of the note discount for the six-month period ended June 30, 2026 equaled $87,426 (2025 - $83,339).
[2] The Company entered into a cash secured line of credit up to $9,750,000, effective June 13, 2024, with no other collateral securing the credit line (the "revolving line of credit"). The revolving line of credit contains no financial, or other incurrence-based covenants or no material maintenance covenants. The revolving line of credit balance at June 30, 2026 equaled $9,750,000 (2025 - $9,750,000). Total interest expense for the six-month period ended June 30, 2026 equaled $276,968 (2025 - $152,935).