v3.26.3
Notes Payable (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Notes Payable [Abstract]    
Schedule of Notes Payable

Notes payable as of June 30, 2026 and December 31, 2025 is as follows:

 

  

Outstanding

Principal

as of June 30,

2026

  

Outstanding

Principal

as of
December 31,

2025

  

Interest Rate

 

Original Maturity Date

The April 20, 2023 Loan Agreement  $   $31,213   18%  June 2026
The May 31, 2024 Loan Agreement       55,000   15%  June 2026
The December 30, 2024 Loan Agreement       23,965   20%  February 2026
The June 1, 2025 Loan       81   -%  December 2026
The July 23, 2025 Loan Agreement       358   None OID only  January 2027
The October 1, 2025 Loan Agreement       18,677   None OID only  April 2027
The January 5, 2026  Loan Agreement   4,549       None OID only  January 2027
The January 29, 2026 Loan Agreement   94,110       20%  July 2026
The February 9, 2026 Loan Agreement   28,394       None OID only  August 2027
    127,053    129,294       
Less: Debt Discount   (8,343)   (8,164)      
Total Debt   118,709    121,130       
Less: Current Debt   (94,256)   (106,819)      
Total Long Term Debt  $24,453   $14,311       

Notes payable as of December 31, 2025 and 2024 is as follows:

 

   Outstanding
Principal
as of
December 31,
2025
   Outstanding
Principal
as of
December 31,
2024
   Interest
Rate (%)
   Original
Maturity
Date
The April 2020 PPP Loan Agreement  $
-
   $198,577      1%  April 2022
The Second September 2022 Loan Agreement   
-
    408,625    
-
   August 2023
The April 20 2023 Loan Agreement   31,213    41,213    
-
   June 2026
The April 5, 2024 Loan Agreement   
-
    56,250    
-
   February 2025
The May 3, 2024 Loan Agreement   
-
    48,489    
-
   May 2025
The May 31, 2024 Loan Agreement*   55,000    57,000    15   May 2025
The August 20, 2024 Loan Agreement   
-
    14,645    
-
   February 2025
The October 18, 2024 Loan Agreement   
-
    21,586    
-
   April 2026
The December 30, 2024 Loan Agreement   23,965    117,615    20   February 2026
The June 1, 2025 Loan Agreement   81    
-
    
-
   December 2026
The July 23, 2025 Loan Agreement   358    
-
    
-
   January 2027
The October 1, 2025 Loan Agreement   18,677    
-
    -   April 2027
    129,294    964,000         
Less: Debt Discount   (8,164)   (16,000)        
Total Debt   121,130    948,000         
Less: Current Debt   (106,819)   (926,414)        
Total Long Term Debt  $14,311   $21,586         

 

*In default as of December 31, 2025