v3.26.3
NOTES PAYABLE
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
NOTES PAYABLE    
NOTES PAYABLE

NOTE 4 – NOTES PAYABLE

 

Promissory notes payable as of June 30, 2026 and December 31, 2025 consists of the following:

 

June 30, 2026

 

 

December 31, 2025

 

 

 

8,012

 

 

 

8,012

 

 

 

3,590

 

 

 

3,590

 

 

 

5,650

 

 

 

5,650

 

 

 

5,000

 

 

 

5,000

 

 

 

10,000

 

 

 

10,000

 

 

 

8,000

 

 

 

8,000

 

 

 

7,880

 

 

 

7,880

 

 

 

10,000

 

 

 

10,000

 

 

 

3,500

 

 

 

3,500

 

 

 

750

 

 

 

750

 

 

 

169

 

 

 

169

 

 

 

3,000

 

 

 

3,000

 

 

 

10,000

 

 

 

10,000

 

 

 

1,102

 

 

 

1,102

 

 

 

6,000

 

 

 

6,000

 

 

 

3,440

 

 

 

3,440

 

 

 

10,000

 

 

 

10,000

 

 

 

594

 

 

 

594

 

 

 

4,500

 

 

 

4,500

 

 

 

5,000

 

 

 

5,000

 

 

 

5,000

 

 

 

5,000

 

 

 

700

 

 

 

700

 

 

 

3,000

 

 

 

3,000

 

5

 

518

 

 

 

518

 

 

 

349

 

 

 

-

 

 

 

34,775

 

 

 

-

 

 

 

13,181

 

 

 

-

 

 $

 

163,710

 

 

$115,405

 

 

As of June 30, 2026 and December 31, 2025, the Company had promissory notes amounting to $163,710 and $115,405 due to the same noteholder, respectively of which $48,305 were issued during the six months ended June 30, 2026 for general operating purposes. The notes carry an interest rate of 10% and are due upon demand.

 

During the six months ended June 30, 2026 and 2025, the Company recorded interest expense related to these notes of $6,935 and $4,795, respectively.

NOTE 4 –NOTES PAYABLE

 

Promissory notes payable as of December 31, 2025 and 2024 consists of the following:

 

December 31, 2025

 

 

December 31, 2024

 

$

8,012

 

 

$8,012

 

 

3,590

 

 

 

3,590

 

 

5,650

 

 

 

5,650

 

 

5,000

 

 

 

5,000

 

 

10,000

 

 

 

10,000

 

 

8,000

 

 

 

8,000

 

 

7,880

 

 

 

7,880

 

 

10,000

 

 

 

10,000

 

 

3,500

 

 

 

3,500

 

 

750

 

 

 

750

 

 

169

 

 

 

169

 

 

3,000

 

 

 

3,000

 

 

10,000

 

 

 

10,000

 

 

1,102

 

 

 

1,102

 

 

6,000

 

 

 

6,000

 

 

3,440

 

 

 

3,440

 

 

10,000

 

 

 

-

 

 

594

 

 

 

-

 

 

4,500

 

 

 

-

 

 

5,000

 

 

 

-

 

 

5,000

 

 

 

-

 

 

700

 

 

 

-

 

 

3,000

 

 

 

-

 

 

518

 

 

 

-

 

$

115,405

 

 

$86,093

 

During the year ended December 31, 2025 and 2024, the Company had promissory notes amounting to $115,405 and $86,093 due to the same noteholder, respectively of which $29,312 were issued during the year ended December 31, 2025 for general operating purposes. The notes carry an interest rate of 10% and are due upon demand.

 

During the year ended December 31, 2025 and 2024, the Company recorded interest expense related to these notes of $9,669 and $7,021, respectively.