SHORT-TERM AND LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

SCHEDULE OF SHORT-TERM DEBT

The short-term debt balances were as follows:

	June 30, 2025		December 31, 2024
Loan from Shanghai Commercial Bank at 3.1%-3.2% interest rate per annum. Due originally in January 2025 and replaced with a new loan which matures January 2026.	$	255,514	$	183,011
Loan from HuaNam Bank at 3.4% interest rate per annum. Due in December 2025.		102,754		91,505
Loan from ChangHwa Bank at 3% -3.3% interest rate per annum. Due in November 2025.		171,257		152,509
Balance at end of period	$	529,525	$	427,025

SCHEDULE OF LONG-TERM DEBT

The Long-term debt balances were as follows:

Loans from Shanghai Commercial Bank with interest rates 2.1% per annum due January 2029 (1)	$	490,934		$	498,195
Current Portion of Long-term debt		(125,588	)		(122,007	)
Balance at end of period	$	365,346		$	376,188

(1) On January 24, 2024, the Company received a facility notice from Shanghai Commercial Bank, granting a revolving loan facility totaling up to TWD 10,000,000 (approximately $300,000 USD) and term loan facility amounting of TWD 20,000,000 (approximately ($600,000 USD). The term for the revolving loan is 1 year and for the term loan is 5 years. The 5 year term loan requires monthly payments including interest and principal, and the revolving loan requires a full principal repayment at the maturity date. The short-term Shanghai Commercial Bank loan is 75% securitized by the government guarantee fund called SME credit guarantee fund and 10% by saving deposit security. The guarantors of this loan are Mr. Siu and Mr. Cheung, who are both part of Iveda Taiwan’s management team.