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NOTES PAYABLE
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
NOTES PAYABLE

NOTE 9 – NOTES PAYABLE

 

On October 9, 2024, the Company authorized the issuance of up to $500,000 in non-convertible promissory notes. The notes, when issued, will bear interest at a rate of 12% per annum and will be due and payable six months after issuance. Purchasers of the notes will also be issued a common stock purchase warrant (each a “Warrant”). The warrant shall be exercisable at a price of $2.00 per share and shall expire two years after the issuance date. The following are the issuance of these notes payable:

 

 

On October 15, 2024, the Company issued a $50,000 promissory note and a warrant to purchase 3 shares of the Company’s common stock (equivalent to 1,250 shares prior to the Company’s 1-for-500 reverse stock split). The promissory note, including all accrued interest, was fully settled as of December 31, 2025. As of December 31, 2025 and 2024, the outstanding note balance was $0 and $50,000, respectively, and accrued interest was $0 and $3,097, respectively.

 

On October 28, 2024, the Company issued a $33,000 promissory note, which was subsequently increased to $36,960 pursuant to an amendment dated November 27, 2024, and a warrant to purchase 2 shares of the Company’s common stock (equivalent to 924 shares prior to the Company’s 1-for-500 reverse stock split). The promissory note, including all accrued interest, was fully settled as of December 31, 2025. As of December 31, 2025 and 2024, the outstanding note balance was $0 and $36,960, respectively, and accrued interest was $0 and $4,818, respectively.

 

On November 4, 2024, the Company issued a $30,000 promissory note and a warrant to purchase 2 shares of the Company’s common stock (equivalent to 750 shares prior to the Company’s 1-for-500 reverse stock split). The promissory note, including all accrued interest, was fully settled during the year ended December 31, 2025. As of December 31, 2025 and 2024, the outstanding note balance was $0 and $30,000, respectively, and accrued interest was $0 and $3,120, respectively.

 

On November 15, 2024, the Company issued a $25,000 promissory note and a warrant to purchase 1 share of the Company’s common stock (equivalent to 625 shares prior to the Company’s 1-for-500 reverse stock split). The promissory note, including all accrued interest, was fully settled during the year ended December 31, 2025. As of December 31, 2025 and 2024, the outstanding note balance was $0 and $25,000, respectively, and accrued interest was $0 and $1,500, respectively.

 

On November 19, 2024, the Company issued a $50,000 promissory note and a warrant to purchase 3 shares of the Company’s common stock (equivalent to 1,250 shares prior to the Company’s 1-for-500 reverse stock split). The promissory note was subsequently replaced by a convertible note dated May 14, 2025 (see Note 7). As of December 31, 2025 and 2024, the outstanding note balance was $0 and $50,000, respectively, and accrued interest was $0 and $8,200, respectively.

 

On December 20, 2024, the Company issued a $25,000 promissory note and a warrant to purchase 1 share of the Company’s common stock (equivalent to 625 shares prior to the Company’s 1-for-500 reverse stock split). The promissory note was fully settled during the year ended December 31, 2025. In connection with the settlement, accrued interest of $4,909 was waived by the holder. As of December 31, 2025 and 2024, the outstanding note balance was $0 and $25,000, respectively, and accrued interest was $0 and $1,065, respectively.

 

On February 7, 2025, the Company converted an outstanding line of credit balance of $26,160 into a promissory note bearing interest at 6% per annum, with a stated maturity date of August 15, 2025. The note, including accrued interest, was fully repaid on May 21, 2025. As of December 31, 2025 the outstanding note balance and accrued interest was $0 and $0, respectively.

 

As of December 31, 2025, the outstanding principal and accrued interest were $0 and $0, respectively. As of December 31, 2024, the outstanding principal and accrued interest were $320,946 and $27,013, respectively. Refer Note 7 for details of the note payable exchanged for a convertible note issued to an unrelated party for settlement of debt.