v3.26.3
Notes Payable (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Notes Payable [Abstract]    
Schedule of Notes Payable

Notes payable as of June 30, 2026 and December 31, 2025 is as follows:

 

  

Outstanding

Principal

as of June 30,

2026

  

Outstanding

Principal

as of
December 31,

2025

  

Interest Rate

 

Original Maturity Date

The April 20, 2023 Loan Agreement  $—   $31,213   18%  June 2026
The May 31, 2024 Loan Agreement   —    55,000   15%  June 2026
The December 30, 2024 Loan Agreement   —    23,965   20%  February 2026
The June 1, 2025 Loan   —    81   -%  December 2026
The July 23, 2025 Loan Agreement   —    358   None OID only  January 2027
The October 1, 2025 Loan Agreement   —    18,677   None OID only  April 2027
The January 5, 2026  Loan Agreement   4,549    —   None OID only  January 2027
The January 29, 2026 Loan Agreement   94,110    —   20%  July 2026
The February 9, 2026 Loan Agreement   28,394    —   None OID only  August 2027
    127,053    129,294       
Less: Debt Discount   (8,343)   (8,164)      
Total Debt   118,709    121,130       
Less: Current Debt   (94,256)   (106,819)      
Total Long Term Debt  $24,453   $14,311       

Notes payable as of December 31, 2025 and 2024 is as follows:

 

   Outstanding
Principal
as of
December 31,
2025
   Outstanding
Principal
as of
December 31,
2024
   Interest
Rate (%)
   Original
Maturity
Date
The April 2020 PPP Loan Agreement  $
-
   $198,577      1%  April 2022
The Second September 2022 Loan Agreement   
-
    408,625    
-
   August 2023
The April 20 2023 Loan Agreement   31,213    41,213    
-
   June 2026
The April 5, 2024 Loan Agreement   
-
    56,250    
-
   February 2025
The May 3, 2024 Loan Agreement   
-
    48,489    
-
   May 2025
The May 31, 2024 Loan Agreement*   55,000    57,000    15   May 2025
The August 20, 2024 Loan Agreement   
-
    14,645    
-
   February 2025
The October 18, 2024 Loan Agreement   
-
    21,586    
-
   April 2026
The December 30, 2024 Loan Agreement   23,965    117,615    20   February 2026
The June 1, 2025 Loan Agreement   81    
-
    
-
   December 2026
The July 23, 2025 Loan Agreement   358    
-
    
-
   January 2027
The October 1, 2025 Loan Agreement   18,677    
-
    -   April 2027
    129,294    964,000         
Less: Debt Discount   (8,164)   (16,000)        
Total Debt   121,130    948,000         
Less: Current Debt   (106,819)   (926,414)        
Total Long Term Debt  $14,311   $21,586         

 

*In default as of December 31, 2025