Schedule of Convertible Note Payable - Long Term
| | |
September 30, 2025 | | |
December 31, 2024 | |
| | |
| | |
| |
| 16th Avenues Associates | |
$ | 500,000 | | |
$ | 500,000 | |
| Chase Mortgage, Inc. | |
| 25,000 | | |
| 25,000 | |
| Debt discount | |
| - | | |
| - | |
| Convertible note payable | |
$ | 525,000 | | |
$ | 525,000 | |
The
details of convertible notes payable, including accrued interest as of September 30, 2025, were as follows:
| Loan Source | |
Loan Amount | | |
Accrued Interest (as of September 30, 2025) | | |
Balance Sheet Classification |
| Chase Mortgage, Inc. | |
$ | 25,000 | | |
$ | 49,878 | | |
Convertible note payable |
| 16th Avenue Associates | |
$ | 500,000 | | |
$ | 475,205 | | |
Convertible note payable- net of debt discount |
| Total | |
$ | 525,000 | | |
$ | 525,083 | | |
|
|