LONG TERM DEBT

12 Months Ended

Dec. 31, 2025

Long-Term Debt, Unclassified [Abstract]

LONG TERM DEBT

11. LONG TERM DEBT

Debt, all of which is with StockYards Bank and Trust, at December 31, 2025 and 2024 consisted of the following: 

	December 31, 2025			December 31, 2024
ENP Mendota, 10-year mortgage, 7.18% interest, monthly payments through to January 2030, collateralized by real property and all rents on said property	$	351,377		$	387,577
ENP Peru, 10-year mortgage, 7.18% interest, monthly principal and interest payments through January 2030, collateralized by real property (1st mortgage)		2,595,681			2,658,381
ENP Peru, 10-year mortgage, 5.4% interest, monthly principal payments plus interest through June 2032, collateralized by real property (2nd mortgage)		237,317			243,957
Nanochem, 5-year note payable, 7.0% interest, monthly principal payments plus interest through August 2029, collateralized by manufacturing equipment		1,257,285			1,545,945
NanoChem, 3-year note payable, 4.90% interest, monthly principal and interest payments through June 2025, collateralized by real property		-			345,036
NanoChem, 3-year note payable, 6.5% interest, interest only payments through to July 2024, then monthly principal and interest payments through December 2025, collateralized by manufacturing equipment		-			1,355,285
317 Mendota, 5-year note payable, 6.79% interest, interest only payments through June 2024, then monthly principal and interest payments through June 2028 with lump sum payment of $2,024,710 due in June 2028, collateralized by real property		-			2,223,667
Long-term debt		4,441,660			8,759,848
Less: current portion		(396,961	)		(2,140,981	)
	$	4,044,699		$	6,618,867

The following table summarizes the scheduled annual future principal payments as of December 31, 2025

Year Ended December 31,	Principal Amount Due
2026	$	396,961
2027		425,238
2028		455,491
2029		567,259
2030		2,305,734
Thereafter		290,977
Total	$	4,441,660