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Schedule of Future Amortization of Loans Payable (Details) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
2023 (9 months) $ 50,182  
2024 75,304  
2025 62,649  
2026 6,007  
Total Loan Payments 194,142  
Current Portion of Loan Payable (67,954) $ (66,486)
Non-Current Portion of Loan Payable 126,188 $ 143,960
Mercedes Benz [Member]    
2023 (9 months) [1] 8,376  
2024 [1] 11,168  
2025 [1] 8,687  
2026 [1]  
Total Loan Payments [1] 28,231  
Current Portion of Loan Payable [1] (11,169)  
Non-Current Portion of Loan Payable [1] 17,062  
Navitas BLU3 [Member]    
2023 (9 months) [2] 10,550  
2024 [2] 16,629  
2025 [2] 18,024  
2026 [2] 6,007  
Total Loan Payments [2] 51,210  
Current Portion of Loan Payable [2] (14,270)  
Non-Current Portion of Loan Payable [2] 36,940  
NFS SSI [Member]    
2023 (9 months) [3] 16,994  
2024 [3] 26,279  
2025 [3] 12,328  
2026 [3]  
Total Loan Payments [3] 55,601  
Current Portion of Loan Payable [3] (23,154)  
Non-Current Portion of Loan Payable [3] 32,447  
Navitas BLU3 One [Member]    
2023 (9 months) [4] 14,261  
2024 [4] 21,228  
2025 [4] 23,611  
2026 [4]  
Total Loan Payments [4] 59,100  
Current Portion of Loan Payable [4] (19,361)  
Non-Current Portion of Loan Payable [4] $ 39,739  
[1] On August 21, 2020, the Company executed an installment sales contract with Mercedes Benz Coconut Creek for the purchase of a 2019 Mercedes Benz Sprinter delivery van. The installment agreement is for $
[2] On May 19, 2021, subsidiary BLU3, executed an equipment finance agreement to finance the purchase of certain plastic molding equipment through Navitas Credit Corp. (“Navitas”). The amount financed is $75,764 payable over 60 equal monthly installments of $1,611 (the “Navitas 1”). The equipment finance agreement contains customary events of default. The loan balance as of March 31, 2023 was $51,210 and $54,930 as of December 31, 2022.
[3] On June 29, 2022, SSI executed an equipment financing agreement with NFS Leasing (“NFS Leasing”) to secure replacement production molds. The total purchase price of the molds was $84,500 of which $63,375 was financed by NFS Leasing on August 15, 2022. The financing agreement has a 33 month term beginning in August 2022 with a monthly payment of $2,571. The financing agreement contains customary events of default, is guaranteed by the Company and NFS Leasing has a lien on all of the assets of SSI. The loan balance as of March 31, 2023 and December 31, 2022 was $55,601 and $60,804, respectively.
[4] On December 12, 2022, BLU3 executed an equipment finance agreement to finance the purchase of certain plastic molding equipment through Navitas Credit Corp. (“Navitas”). The amount financed is $63,689 payable over 36 equal monthly installments of $2,083 (“Navitas 2”). The equipment finance agreement contains customary events of default. The loan balance as of March 31, 2023 was $59,100 and $63,689 as of December 31, 2022.