| Schedule of Debt |
Debt as of June 30, 2026 and December 31, 2025, consisted of the following: | Debt | | Maturity | | June 30,
2026 | | | December 31,
2025 | | | Promissory note payable – related party | | 7/31/2027 | | $ | 2,999,957 | | | $ | 2,792,117 | | | Short-term debt | | 3/31/2026 | | | — | | | | 500,000 | | | Convertible short-term debt, net of $554,598 debt discount, issuance costs and debt premium | | 4/30/2027 | | | 580,402 | | | | — | | | Total Debt | | | | $ | 3,580,359 | | | $ | 3,292,117 | |
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Short-term debt as of December 31, 2025 and 2024 consisted of the following: | Short-Term Debt | | Maturity | | | December 31,
2025 | | | December 31,
2024 | | | Promissory note payable – related party | | | 6/30/2026 | | | $ | 2,792,117 | | | $ | 1,890,000 | | | Short-term debt | | | 3/31/2026 | | | | 500,000 | | | $ | — | | | Total Short-Term Debt | | | | | | $ | 3,292,117 | | | $ | 1,890,000 | |
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| Schedule of Key Assumptions used in the Valuation |
The key assumptions used in the fair valuation of the Streeterville March 2026 Convertible Note as of the issuance date, March 31, 2026, were as follows: | | | March 31,
2026
(Issuance Date) | | | Time period from issue date to Listing Date | | | 0.25 years | | | Time period | | | 0.83 years | | | Equity volatility | | | 47.19 | % | | Risk free rate | | | 3.63 | % |
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