Notes Payable |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||
| Notes Payable | Note 7 - Notes Payable
The Company entered into an SBA loan during 2020 with an original principal amount of $50,700 of which $1,000 is not repayable. The note bears interest at 3.75% per annum and matures on June 3, 2050. The SBA announced extended deferment periods for COVID-19 disaster loans, and the Company’s first required payment was due in December 2022. Based on management’s reconstructed amortization schedule and payment history, the outstanding principal balance as of June 30, 2026 and December 31, 2025 was $49,700, all of which was classified as long-term. No amount was classified as current portion as of June 30, 2026 or December 31, 2025. The loan is secured by the assets of the Company.
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