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Schedule of Future Amortization of Loans Payable (Details) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
2023 (6 months) $ 33,651  
2024 75,304  
2025 62,649  
2026 6,007  
Total Note Payments 177,611  
Current Portion of Loan Payable (71,421) $ (66,486)
Non-Current Portion of Loan Payable 106,190 $ 143,960
Mercedes Benz [Member]    
2023 (6 months) [1] 5,583  
2024 [1] 11,168  
2025 [1] 8,687  
2026 [1]  
Total Note Payments [1] 25,438  
Current Portion of Loan Payable [1] (11,169)  
Non-Current Portion of Loan Payable [1] 14,269  
Navitas BLU3 [Member]    
2023 (6 months) [2] 6,929  
2024 [2] 16,629  
2025 [2] 18,024  
2026 [2] 6,007  
Total Note Payments [2] 47,589  
Current Portion of Loan Payable [2] (15,972)  
Non-Current Portion of Loan Payable [2] 31,617  
NFS SSI [Member]    
2023 (6 months) [3] 11,567  
2024 [3] 26,279  
2025 [3] 12,328  
2026 [3]  
Total Note Payments [3] 50,174  
Current Portion of Loan Payable [3] (24,152)  
Non-Current Portion of Loan Payable [3] 26,022  
Navitas 2022 BLU3 [Member]    
2023 (6 months) [4] 9,572  
2024 [4] 21,228  
2025 [4] 23,610  
2026 [4]  
Total Note Payments [4] 54,410  
Current Portion of Loan Payable [4] (20,128)  
Non-Current Portion of Loan Payable [4] $ 34,282  
[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 $55,841 with a zero interest rate payable over 60 months with a monthly payment of $931 and is personally guaranteed by Mr. Carmichael. The loan balance as of June 30, 2023 was $25,349 and $31,023 as of December 31, 2022.
[2] On May 19, 2021, BLU3, executed an equipment finance agreement with Navitas Credit Corp. (“Navitas”) to finance the purchase of certain plastic molding equipment. 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 June 30, 2023 was $47,589 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 June 30, 2023 and December 31, 2022 was $50,174 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 June 30, 2023 was $54,410 and $63,689 as of December 31, 2022.