NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2025

NOTES PAYABLE

Summary of roll forward of the third party Debt

June 30, 2025	Trade Facility			Third Party			COVID Loans			Total
Beginning balance, December 31, 2024	$	1,397,385			2,557,023			154,505			4,108,913
Proceeds		-			1,348,900			-			1,348,900
Payments		(235,400	)		(551,218	)		(5,517	)		(792,135	)
Recapitalization of debt		-			(18,419	)		-			(18,419
Foreign currency translation		191,565			350,644			19,456			561,665
Ending balance, June 30, 2025		1,353,550			3,686,930			168,444			5,208,924
Notes payable - long-term		-			(1,922,344	)		(131,513	)		(2,053,857	)
Notes payable - short-term	$	1,353,550			1,764,586			36,931			3,155,067

December 31, 2024	Trade Facility			Third Party			COVID Loans			Total
Beginning balance, December 31, 2023	$	1,908,195			2,511,148			186,884			4,606,227
Proceeds		-			828,080			-			828,080
Payments		(388,163	)		(634,653	)		(22,806	)		(1,045,622	)
Foreign currency translation		(122,647	)		(147,552	)		(9,573	)		(279,772	)
Ending balance, December 31, 2024		1,397,385			2,557,023			154,505			4,108,913
Notes payable – long-term		-			(1,437,798	)		(122,635	)		(1,560,433	)
Notes payable - short-term	$	1,397,385			1,119,225			31,870			2,548,480

Summary of Outstanding Debt

	June 30, 2025
2026	$	3,136,647
2027		856,768
2028		632,699
2029		352,732
2030 and thereafter		211,659
Total debt		5,190,505
Less: notes payable - current portion		(3,155,067	)
Recapitalization of debt		18,419
Notes payable - long term portion	$	2,053,857