v3.26.1
RELATED-PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
RELATED-PARTY TRANSACTIONS

NOTE 13. RELATED-PARTY TRANSACTIONS

 

Gilbert Villarreal, the president of the Company’s subsidiary, Ayro Operating Company, Inc. (“AYRO Operating”), through GLV Ventures and Electric Power, entities owned and controlled by Mr. Villarreal, has been providing consulting services to the Company in connection with the reengineering of the Company’s Vanish at a rate of $30,000 per month. In addition to the compensation paid to Mr. Villarreal as president of AYRO Operating, see below for related-party incurred expenses and liabilities:

 

Related-Party Incurred Expenses

 

Related Party  Classification      
      Years Ended December 31, 
Related Party  Classification  2025   2024 
Electric Power Energy  Research and development  $630,544   $99,070 
Electric Power Energy  General and administrative   904,431    374,972 
Total     $1,534,975   $474,042 

 

Related-Party Liabilities

 

Related Party  Classification  December 31, 2025   December 31, 2024 
Electric Power Energy  Accrued expenses and other current liabilities  $5,000   $103,717 
Total     $5,000   $103,717