| SCHEDULE OF LONG TERM DEBT |
Long
term debt, all of which is with StockYards Bank and Trust, at June 30, 2026 and December 31, 2025 consisted of the following:
SCHEDULE OF LONG TERM DEBT
| | |
June 30, 2026 | | |
December 31, 2025 | |
| ENP Mendota, 10-year mortgage, 5 year fixed index plus 4.50% interest (7.18%) monthly payments through to January 2030, collateralized by real property and all rents on said property | |
$ | 341,017 | | |
$ | 351,377 | |
| ENP Peru, 10-year mortgage, 7.18% interest, monthly principal and interest payments through January 2030, collateralized by real property (1st mortgage) | |
| 2,563,376 | | |
| 2,595,681 | |
| ENP Peru, 10-year mortgage, 5.4% interest, monthly principal payments plus interest through June 2032, collateralized by real property (2nd mortgage) | |
| 233,841 | | |
| 237,317 | |
| NanoChem, 5-year note payable, 7.0% interest, monthly principal payments plus interest through August 2029, collateralized by manufacturing equipment | |
| 1,105,004 | | |
| 1,257,285 | |
| Long-term debt | |
| 4,243,238 | | |
| 4,441,660 | |
| Less: current portion | |
| (429,685 | ) | |
| (396,961 | ) |
| Long-term debt non current | |
$ | 3,813,553 | | |
$ | 4,044,699 | |
|
| SCHEDULE OF ANNUAL FUTURE PRINCIPAL PAYMENTS |
The
following table summarizes the scheduled annual future principal payments as of June 30, 2026:
SCHEDULE
OF ANNUAL FUTURE PRINCIPAL PAYMENTS
| Year Ended December 31, | |
Principal
Amount Due | |
| Remainder of 2026 | |
$ | 211,105 | |
| 2027 | |
| 443,446 | |
| 2028 | |
| 472,599 | |
| 2029 | |
| 376,278 | |
| 2030 | |
| 2,260,364 | |
| Thereafter | |
| 479,446 | |
| Total | |
$ | 4,243,238 | |
|