MATURED LOAN NOTES PAYABLE |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Debt Disclosure [Abstract] | |
| MATURED LOAN NOTES PAYABLE | NOTE 10 – MATURED LOAN NOTES PAYABLE
As of June 30, 2026 and December 31, 2025, the Company had outstanding matured loan notes payable within current liabilities of $197,365 and $0, respectively.
These outstanding balances consist of short-term convertible loan notes previously recorded as derivative liabilities that reached their contractual maturity dates during the six months ended June 30, 2026, without undergoing cash repayment or conversion into common stock. Upon maturity, the embedded conversion features expired, and the associated bifurcated embedded derivative liabilities were derecognized.
In a non-cash financing transaction, the aggregate carrying value of $197,365 was systematically reclassified from derivative liabilities to standard matured loan notes payable within current liabilities. These past-due obligations remain unsecured, non-interest-bearing, and payable on demand.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|