v3.24.3
Note Receivable - Related Party (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Next NRG Holding Corp [Member]    
Restructuring Cost and Reserve [Line Items]    
Schedule of Note Receivable Related Party

The following is a summary of the Company’s Notes and Accrued Interest Receivable – Related Parties at September 30, 2024 and December 31, 2023, respectively.

 

   Note
Receivable
and		   Note
Receivable
and		           Notes
Receivable
and		 
   Accrued
Interest
Receivable		   Accrued
Interest
Receivable		           Accrued
Interest
Receivable		 
   Related
Party		   Related
Party		   Allowance
for		       Related
Parties -		 
   EzFill
Holdings		   Balance
Labs		   Doubtful
Accounts		   Salary
Overpaymet		   net
Total		 
Balance - December 31, 2022  $-    $291,841   $(291,841)   -    $- 
Advances   2,585,000    -    -         2,585,000 
Interest receivable   54,198    17,257    (17,257)        54,198 
Original issue discount on advances   (56,475)   -    -         (56,475)
Balance - December 31, 2023   2,582,723    309,098    (309,098)   -     2,582,723 
Advances   3,630,000    -    -    15,407    3,645,407 
Original issue discount on advances   (330,000)   -    -    -    (330,000)
Interest receivable   264,435    8,745    (8,745)        264,435 
Accretion income   386,475    -    -         386,475 
Default Income   3,266,816    -               3,266,816 
Conversion to marketable securities   (9,800,449)   -               (9,800,449)
Balance - September 30, 2024  $-   $317,843   $(317,843)  $15,407   $15,407 

 

Notes Receivable consist of the following at December 31, 2023:

 

      
Note receivable  $2,770,700 
Interest receivable   177,548 
Less: accretion discount   56,475 
Less: allowance for doubtful accounts   309,098 
Notes receivable – net  $2,582,675 

 

Notes Receivable consist of the following at December 31, 2022:

 

      
Note receivable  $248,095 
Interest receivable   115,937 
Less: allowance for doubtful accounts   291,841 
Notes receivable – net  $72,191