​

​

Revolving

​

Promissory notes

​

Promissory

​

​

​

​

  ​ ​ ​

line of credit

  ​ ​ ​

with warrants

  ​ ​ ​

Notes

  ​ ​ ​

Total

Principal balance December 31, 2025

​

$

700,000

​

$

1,017,184

​

$

310,000

​

$

2,027,184

Additions

​

—

​

999,000

​

—

​

$

999,000

Cash repayment of revolving loan principal

​

(700,000)

​

—

​

—

​

​

(700,000)

Debt settlement (non-cash)

​

—

​

(692,080)

​

(310,000)

​

$

(1,002,080)

Net amortization and settlement effect of debt discounts

​

—

​

352,257

​

—

​

$

352,257

Total notes payable as of June 30, 2026

​

$

—

​

$

1,676,361

​

$

—

​

$

1,676,361