FINANCING PAYABLE |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Financing Payable | |
| FINANCING PAYABLE | NOTE 6 – FINANCING PAYABLE
On December 16, 2025, the Company entered into a financing arrangement for an insurance policy. The Company financed $464,000 of the insurance premiums with an interest rate of 7.5%. The Company is required to make 10 payments of $47,686 with the first payment being due on January 16, 2026. During the three and six months ended June 30, 2026, the Company made payments totaling $143,063 and $286,125, respectively. As of June 30, 2026 and December 31, 2025, the balance of this financing arrangement was $185,600 and $464,000 and accrued interest was $644 and $1,160, respectively.
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