Notes Payable Disclosure |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Notes | |
| Notes Payable Disclosure | 5. Notes Payable
On April 16, 2024, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $5,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of April 16, 2025 and is currently in default. At June 30, 2026 and December 31, 2025, the principal balance on this note was $5,000 and $5,000 and accrued interest was $1,118 and $870, respectively.
On June 5, 2024, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $6,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of June 5, 2025. At June 30, 2026 and December 31, 2025, the principal balance on this note was $6,000 and $6,000 and accrued interest was $1,241 and $944, respectively.
On December 18, 2024, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $10,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of December 18, 2025. At June 30, 2026 and December 31, 2025, the principal balance on this note was $10,000 and $10,000 and accrued interest was $1,532 and $1,036, respectively.
On April 29, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $5,800. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of April 29, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $5,800 and $5,880 and accrued interest was $679 and $391, respectively.
On April 29, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $5,500. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of April 29, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $5,500 and $5,500 and accrued interest was $643 and $371, respectively.
On May 29, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $500. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of May 29, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $500 and $500 and accrued interest was $54 and $29, respectively.
On May 30, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $500. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of May 30, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $500 and $500 and accrued interest was $54 and $29, respectively.
On June 20, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $271. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of June 20, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $271 and $271 and accrued interest was $28 and $14, respectively.
On July 22, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $4,350. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of July 22, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $4,350 and $4,350 and accrued interest was $409 and $193, respectively.
On July 23, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $4,350. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of July 23, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $4,350 and $4,350 and accrued interest was $408 and $192, respectively.
On August 11, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $1,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of August 11, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $1,000 and $1,000 and accrued interest was $88 and $39, respectively.
On August 12, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $1,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of August 12, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $1,000 and $1,000 and accrued interest was $88 and $39, respectively.
On November 7, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $1,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of November 7, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $1,000 and $1,000 and accrued interest was $64 and $15, respectively.
On November 7, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $1,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of November 7, 2026. At June 30, 2026 and December 31, 2025, the principal balance on this note was $1,000 and $1,000 and accrued interest was $64 and $15, respectively.
On March 26, 2026, a noteholder paid a legal bill of $5,228 on behalf of the Company and added the balance to their bridge loan. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of March 26, 2027. At June 30, 2026 and December 31, 2025, the principal balance on this note was $5,228 and $0 and accrued interest was $138 and $0, respectively. |