| SCHEDULE OF CONVERTIBLE NOTES PAYABLE |
The
Company has the following convertible notes payable as of June 30, 2026 and December 31, 2025:
SCHEDULE OF CONVERTIBLE NOTES PAYABLE
| Note | |
Issuance Date | |
Maturity Date | |
Interest Rate | | |
Original Borrowing | | |
Balance at
March 31, 2026 | | |
Balance at
December 31, 2025 | |
| Note 1 | |
April 7, 2026 | |
October 7, 2027 | |
| 10.0 | % | |
$ | 500,000 | | |
$ | 500,000 | | |
$ | - | |
| Note 2 | |
April 9, 2026 | |
October 9, 2027 | |
| 10.0 | % | |
$ | 250,000 | | |
$ | 250,000 | | |
$ | - | |
| Note 3 | |
April 9, 2026 | |
October 9, 2027 | |
| 10.0 | % | |
$ | 100,000 | | |
$ | 100,000 | | |
$ | - | |
| Note 4 | |
May 1, 2026 | |
November 1, 2027 | |
| 10.0 | % | |
$ | 150,000 | | |
$ | 150,000 | | |
$ | - | |
| Note 5 | |
May 20, 2026 | |
November 20, 2027 | |
| 10.0 | % | |
$ | 50,000 | | |
$ | 50,000 | | |
$ | - | |
| Note 6 | |
June 3, 2026 | |
December 3, 2027 | |
| 10.0 | % | |
$ | 500,000 | | |
$ | 500,000 | | |
$ | - | |
| Note 7 | |
June 26, 2026 | |
December 26, 2027 | |
| 10.0 | % | |
$ | 200,000 | | |
$ | 200,000 | | |
$ | - | |
| Less: debt discount | |
| |
| |
| | | |
| | | |
| (188,000 | ) | |
| - | |
| Net debt payable | |
| |
| |
| | | |
| | | |
$ | 1,562,000 | | |
$ | - | |
| Less: current | |
| |
| |
| | | |
| | | |
| - | | |
| - | |
| Long-term debt payable | |
| |
| |
| | | |
| | | |
$ | 1,562,000 | | |
$ | - | |
|