Schedule of Convertible Note Payable - Long Term
| | |
December 31, 2025 | | |
December 31, 2024 | |
| 16th Avenue Associates | |
$ | - | | |
$ | 500,000 | |
| Chase Mortgage, Inc. | |
| 25,000 | | |
| 25,000 | |
| Debt discount | |
| - | | |
| - | |
| Convertible note payable | |
$ | 25,000 | | |
$ | 525,000 | |
The details of convertible notes payable, including accrued interest
as of December 31, 2025, were as follows:
| Loan
Source | |
Loan
Amount | | |
Accrued
Interest (as
of December 31, 2025) | | |
Balance
Sheet Classification |
| Chase
Mortgage, Inc. | |
$ | 25,000 | | |
$ | 12,003 | | |
Convertible note payable |
| 16th
Avenue Associates | |
$ | - | | |
$ | - | | |
Converted 11/5/2025 |
| Total | |
$ | 25,000 | | |
$ | 12,003 | | |
|
|