| Schedule of Maturities of Series A Preferred Stock Redemptions |
The following table provides the maturities
of Series A preferred stock redemptions at September 30, 2025:
| | |
Series A Preferred Stock | |
| 2025 | |
$ | 4,240,569 | |
| 2026 | |
| 5,206,648 | |
| 2027 | |
| 5,206,648 | |
| 2028 | |
| 5,347 | |
| 2029 and thereafter | |
| - | |
| Total future undiscounted redemption payments | |
| 14,659,212 | |
| Less: Interest | |
| (1,261,491 | ) |
| Present value of redemption payments | |
| 13,397,721 | |
| Current portion | |
| (7,030,279 | ) |
| Long term portion | |
$ | 6,367,442 | |
|
The following table provides the maturities
of Series A preferred stock redemptions at December 31, 2024:
| | |
Series A | |
| | |
Preferred
Stock | |
| 2025 | |
$ | 5,160,815 | |
| 2026 | |
| 5,160,815 | |
| 2027 | |
| 5,160,815 | |
| 2028 | |
| - | |
| 2029 and thereafter | |
| - | |
| Total future undiscounted redemption payments | |
| 15,482,445 | |
| Less: Interest | |
| (2,158,986 | ) |
| Present value of redemption payments | |
| 13,323,459 | |
| Current portion | |
| (5,160,815 | ) |
| Long term portion | |
$ | 8,162,644 | |
|