| Schedule of Notes Payable Related Parties |
Notes payable, related parties consist of the following
at June 30, 2026 and December 31, 2025, respectively:
| | | June 30,
2026 | | | December 31,
2025 | | | Convertible Notes payable, bearing interest at 8% per annum, maturing on April 30, 2030 | | $ | 897,041 | | | $ | 1,620,022 | | | Convertible Notes payable, bearing interest at 6% per annum, maturing on April 30, 2030 | | | 206,834 | | | | 239,928 | | | Total notes payable, related parties | | | 1,103,875 | | | | 1,859,950 | | | Less unamortized debt discounts: | | | 262,048 | | | | 518,530 | | | Convertible notes payable, net | | $ | 841,827 | | | $ | 1,341,420 | |
|
| Schedule of Interest Expense Related to Notes Payable, Related Parties |
Interest expenses related to notes payable, related parties, which
were retained as part of the continued operations of the company for the three months ended June 30, 2026 and 2025, are as follows:
| | |
For the Year Ended | |
| | |
June 30, | |
| | |
2026 | | |
2025 | |
| Interest on notes payable, related parties | |
$ | 43,503 | | |
$ | 50,000 | |
| Amortization of debt discounts on notes payable, related parties | |
| - | | |
| 116,617 | |
| Interest on notes payable | |
| 49,446 | | |
| 3,589 | |
| Amortization of debt discounts on notes payable | |
| 255,865 | | |
| 12,370 | |
| Total interest expense | |
$ | 348,814 | | |
$ | 182,576 | |
|