v3.26.1
PROMISSORY NOTES (Tables)
 6 Months Ended
Jun. 30, 2026
Promissory Notes [Abstract]  
Schedule of Promissory Notes
Table 11.1: Details of Promissory Notes
Principal Value Unamortized Discount and Issuance Costs Promissory Notes Carrying Balance Weighted Average Interest Rate
Balance as of December 31, 2024$2,498,369 $(11,380)$2,486,989 16.6%
Issuance690,558 (77,358)613,200 13.5%
Repayment(20,000)— (20,000)35.0%
Amortization36,667 21,297 57,964 
Balance as of March 31, 20253,205,594 (67,441)3,138,153 15.8%
Conversion to equity(456,500)— (456,500)24.0%
Repayment(50,000)— (50,000)24.0%
Amortization— 37,973 37,973 
Balance as of June 30, 20252,699,094 (29,468)2,669,626 14.3%
Repayment(31,579)— (31,579)12.0%
Amortization— 20,616 20,616 
Balance as of September 30, 20252,667,515 (8,852)2,658,663 14.3%
Conversion to a convertible note(166,666)— (166,666)10.0%
Amortization— 7,665 7,665 
Balance as of December 31, 20252,500,849 (1,187)2,499,662 14.6%
Amortization— 1,187 1,187 
Balance as of March 31, 20262,500,849 — 2,500,849 14.6%
Conversion to convertible notes(1,338,889)— (1,338,889)18.0%
Balance as of June 30, 2026$1,161,960 $— $1,161,960 10.7%
Schedule of Promissory Notes Payable
Table 11.2: Details of Promissory Notes
June 30, 2026December 31, 2025
Principal ValueWeighted Average Interest Rate Maturity
 (Calendar Year)		Principal ValueWeighted Average Interest RateMaturity
 (Calendar Year)
Note issued in 2017$250,000 4.0 %2020$250,000 4.0 %2020
Note issued in 2020- — %—300,000 24.0 %2021
Note issued in 2021100,000 24.0 %2022400,000 24.0 %2021 - 2022
Notes issued in 2023- — %—611,111 12.0 %2023
Notes issued in 2024319,180 12.3 %2025319,180 12.3 %2025
Notes issued in 2025492,780 10.4 %2025 -2026620,558 12.0 %2025 -2026
Funded loans payable1,161,960 10.7 %2,500,849 14.6 %
Less: Unamortized debt-issuance costs and discounts- (1,187)
Total loans payable$1,161,960 $2,499,662