v3.26.1
NOTE 4 - RELATED PARTY: Schedule of Debt (Tables)
6 Months Ended
Jun. 30, 2026
Related Party  
Schedule of Debt

 

Note

 

Issuance Date

 

Maturity Date

 

Interest

Rate

 

Original

Principal

Amount

 

Balance at

June 30,

2026

 

Balance at

December 31,

2025

Unsecured debt A

 

March 2019, March and June 2020

 

No due date

 

0%

$

 866

$

 666

$

  666

Unsecured debt I

 

January 1, 2024

 

June 1, 2025

 

15%

$

 84,965

$

 177,500

$

  177,500

Unsecured debt L

 

November 14, 2024

 

November 13, 2027

 

15%

$

 220,000

$

 124,609

$

  156,169

Unsecured debt N

 

July 21, 2025

 

July 20, 2026

 

12%

$

 325,000

$

 357,500

$

  341,250

Unsecured debt O

 

July 31, 2025

 

January 31, 2026

 

12%

$

 75,000

$

 82,500

$

  82,500

Unsecured debt P

 

December 13, 2025

 

December 12, 2026

 

7.49%

$

 75,000

$

 72,979

$

  75,000

Unsecured debt Q

 

May 15, 2026

 

No due date

 

0%

$

 5,400,000

$

 5,400,000

$

  -

Unsecured debt R

 

May 15, 2026

 

No due date

 

0%

$

 17,682

$

 17,682

$

  -

Unsecured debt S

 

May 28, 2026

 

May 27, 2027

 

10%

$

 100,000

$

 101,666

$

  -

Total notes payable

 

 

 

 

 

 

$

 6,298,513

$

 6,335,102

$

  833,085

Debt discount and deferred financing costs

 

 

 

 -

 

 -

 

 -

Total notes payable, net

 

 

$

 6,298,513

$

 6,335,102

$

  833,085