v3.26.1
ROYALTY AGREEMENT LIABILITIES AND REVENUE SHARING AGREEMENTS (Tables)
6 Months Ended
Jun. 30, 2026
ROYALTY AGREEMENT LIABILITIES AND REVENUE SHARING AGREEMENTS  
Schedule of royality agreements liabilities

Royalty Liabilities Agreements

 

Amount

 

Balance as of December 31, 2024

 

$547,500

 

Additions

 

 

75,000

 

 

 

 

622,500

 

less: Royalties Payable

 

 

(22,503)

Balance as of December 31, 2025

 

 

599,997

 

Additions

 

 

-

 

 

 

 

599,997

 

less: Royalties Payable

 

 

(35,421)

Balance as of June 30, 2026

 

$564,576

 

Schedule of royality payable

Royalties Payable

 

Amount

 

Balance as of December 31, 2024

 

$-

 

Principal Liability Additions

 

 

22,503

 

Interest Additions

 

 

22,504

 

 

 

 

45,007

 

less: Cash Payments

 

 

(15,698)

Balance as of December 31, 2025

 

$29,309

 

Principal Liability Additions

 

 

35,421

 

Interest Additions

 

 

35,420

 

 

 

 

100,150

 

less: Cash Payments

 

 

(76,960)

Balance as of June 30, 2026

 

$23,190

 

Schedule of royality sharing payable

Revenue Sharing Payable

 

Amount

 

Balance as of December 31, 2025

 

$-

 

Revenue Sharing Additions

 

 

26,334

 

 

 

 

26,334

 

less: Cash Payments

 

 

-

 

Balance as of June 30, 2026

 

$26,334