| SCHEDULE OF LINES OF CREDIT AND AND LONG TERM LIABILITIES |
The
following table outlines the Company’s secured liabilities:
SCHEDULE OF LINES OF CREDIT AND AND LONG TERM LIABILITIES
| | |
Interest
Rate | | |
Maturity | |
June
30,
2026 | | |
September
30,
2025 | |
| Fulton Bank - $312,000 fund equipment
for AIS. This loan is secured by certain assets of the Company. | |
SOFR plus 2.37%
(6.05% as of June 30, 2026 and 6.61% as of September 30, 2025). | | |
9/30/2029 | |
| 214,165 | | |
| 257,704 | |
| Fulton Bank - $312,000 fund equipment
for AIS. This loan is secured by certain assets of the Company. | |
SOFR plus 2.37%
(6.05% as of June 30, 2026 and 6.61% as of September 30, 2025). | | |
9/30/2029 | |
| 214,165 | | |
| 257,704 | |
| | |
| | |
| |
| | | |
| | |
| Fulton Bank mortgage $2,476,000. This loan
is secured by the underlying asset. | |
SOFR plus 2.62% (6.30% on
June 30, 2026 and 6.86% on September 30, 2025). | | |
1/28/2040 | |
| 1,967,176 | | |
| 2,034,048 | |
| | |
| | |
| |
| | | |
| | |
| Fulton Bank (HEISEY) - $1,200,000 mortgage
loan; requires monthly principal and interest payments through August 1, 2043 with a final payment of remaining principal on September
1, 2043; The loan is collateralized by 615 Florence Street and 740 Barber Street and guaranteed by AIS and Cemtrex. | |
SOFR plus 2.80% per annum
(6.48% as of June 30, 2026 and 7.04% as of September 30, 2025). | | |
9/30/2043 | |
| 1,121,269 | | |
| 1,146,630 | |
| | |
| | |
| |
| | | |
| | |
| Fulton Bank (HEISEY) - $2,160,000. promissory
note related to purchase of Heisey; requires 84 monthly principal and interest payments; The note is collateralized by the Heisey
assets and guaranteed by Cemtrex; matures in 2030. | |
SOFR plus 2.80% per annum
(6.48% as of June 30, 2026 and 7.04% as of September 30, 2025). | | |
7/1/2030 | |
| 1,396,148 | | |
| 1,613,677 | |
| | |
| | |
| |
| | | |
| | |
| Fulton Bank (AIS - TN) - $3,920,000 mortgage
loan; requires monthly principal and interest payments through January 1, 2046 with a final payment of remaining principal on February
1, 2046; The loan is collateralized by 1905 Mines Rd. and guaranteed by AIS and Cemtrex. | |
SOFR plus 2.75% per annum
(6.43% as of June 30, 2026). | | |
2/1/2046 | |
| 3,888,800 | | |
| | |
| | |
| | |
| |
| | | |
| | |
| Fulton Bank (AIS - TN) - $600,000. promissory
note related to purchase of AIS - TN; requires 60 monthly principal and interest payments; The note is collateralized by the AIS
- TN assets and guaranteed by AIS and Cemtrex; matures in 2031. | |
6.09 | % | |
2/1/2031 | |
| 564,902 | | |
| | |
| | |
| | |
| |
| | | |
| | |
| Note payable - $9,205,000. Less original issue
discount $1,200,000 and legal fees $5,000,net cash received $8,000,000. 28,572 shares of common stock valued at $700,400 recognized
as additional original issue discount. Unamortized original issue discount balance of $0 as of September 30, 2025 and September 30,
2024. | |
8 | % | |
2/22/2027 | |
| 140,892 | | |
| 7,871,777 | |
| | |
| | |
| |
| | | |
| | |
| Note payable - $580,000. Less original issue
discount $75,000 and legal fees $5,000,net cash received $500,000. Unamortized original issue discount balance of $33,333 as of September
30, 2025. | |
8 | % | |
5/21/2026 | |
| - | | |
| 621,773 | |
| | |
| | |
| |
| | | |
| | |
| Note payable - $7,025,000. Less legal fees
$25,000,net cash received $7,000,000. A $1,050,000 additional interest provision was recorded on January 1, 2026 | |
Between November 7, 2025
and December 31, 2025, SOFR (3.87% as of December 31, 2025), after December 31, 2025, 8% | | |
5/6/2027 | |
| 7,996,765 | | |
| - | |
| | |
| | |
| |
| | | |
| | |
| Less: Unamortized original issue discount | |
| | |
| |
| (656,250 | ) | |
| (33,333 | ) |
| Total debt | |
| | |
| |
$ | 16,633,867 | | |
$ | 13,512,276 | |
| Less: Current maturities | |
| | |
| |
| (8,055,879 | ) | |
| (8,925,497 | ) |
| Long-term debt | |
| | |
| |
$ | 8,577,988 | | |
$ | 4,586,779 | |
|