NOTE RECEIVABLE

6 Months Ended

Jun. 30, 2025

Note Receivable

NOTE RECEIVABLE

NOTE 5 – NOTE RECEIVABLE

On May 2, 2024, the Company made a strategic loan to an independent privately-held non-affiliated third party by entering into a $100,000, 180 day 8% on demand Promissory Note Agreement. As of June 30, 2025, the Company determined that an allowance for the full amount of the note and interest receivable was allocated as the note was determined to be potentially noncollectable. As a result, the Company recognized $105,326 and $109,294 of bad debt expense for the six months ended June 30, 2025, respectively.

Description	June 30, 2025			December 31, 2024
Notes receivable - current portion	$	109,294		$	105,326
Allowance for doubtful accounts		(109,294	)		—
Notes receivable, net	$	—		$	105,326