Notes Payable (Tables)

6 Months Ended

Jun. 30, 2026

Notes payable as of June 30, 2026 and December 31, 2025 is as follows:


	Outstanding Principal as of June 30, 2026		Outstanding Principal as of December 31, 2025		Interest Rate	Original Maturity Date
The April 20, 2023 Loan Agreement	$	—	$	31,213	18%	June 2026
The May 31, 2024 Loan Agreement	—		55,000		15%	June 2026
The December 30, 2024 Loan Agreement	—		23,965		20%	February 2026
The June 1, 2025 Loan	—		81		-%	December 2026
The July 23, 2025 Loan Agreement	—		358		None OID only	January 2027
The October 1, 2025 Loan Agreement	—		18,677		None OID only	April 2027
The January 5, 2026 Loan Agreement	4,549		—		None OID only	January 2027
The January 29, 2026 Loan Agreement	94,110		—		20%	July 2026
The February 9, 2026 Loan Agreement	28,394		—		None OID only	August 2027
	127,053		129,294
Less: Debt Discount	(8,343)		(8,164)
Total Debt	118,709		121,130
Less: Current Debt	(94,256)		(106,819)
Total Long Term Debt	$	24,453	$	14,311

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details