NOTES PAYABLE AND ACCRUED INTEREST |
3 Months Ended |
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Jun. 30, 2026 | |
| Notes Payable And Accrued Interest | |
| NOTES PAYABLE AND ACCRUED INTEREST | NOTE 8 – NOTES PAYABLE AND ACCRUED INTEREST
In February and March 2026, the Company entered into two separate promissory notes totaling $320,000. The notes accrued interest at a rate of 6% per annum. The first promissory note was initiated on February 26, 2026, in the amount of $150,000 with a maturity date of February 26, 2027. The second promissory note was initiated on March 11, 2026, in the amount of $170,000 with a maturity date of March 11, 2027. On June 22, 2026, the Company entered into a third promissory note totaling $150,000 with a maturity date of June 22, 2027, with an accrued interest rate of 6% per annum. Accrued interest on all notes at June 30, 2026, was $6,456.
As of June 30, 2026, total non-convertible notes payable, including accrued interest, were $476,456, consisting of $476,456 classified as current liability and $0 classified as long-term liabilities. As of March 31,2026, the balance totalled $321,447, consisting of $321,447 classified as current liability and $0 classified as long-term liabilities within other liabilities.
Total Interest expense for all Notes for the three months ended June 30, 2026 and 2025 is $5,039 and $121,808, respectively.
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