Notes Payable Disclosure

3 Months Ended

Mar. 31, 2026

Notes

Notes Payable Disclosure

5. Notes Payable

On April 16, 2024, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $5,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of April 16, 2025 and is currently in default. At March 31, 2026 and December 31, 2025, the principal balance on this note was $5,000 and $5,000 and accrued interest was $993 and $870, respectively.

On June 5, 2024, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $6,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of June 5, 2025. At March 31, 2026 and December 31, 2025, the principal balance on this note was $6,000 and $6,000 and accrued interest was $1,092 and $944, respectively.

On December 18, 2024, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $10,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of December 18, 2025. At March 31, 2026 and December 31, 2025, the principal balance on this note was $10,000 and $10,000 and accrued interest was $1,282 and $1,036, respectively.

On April 29, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $5,800. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of April 29, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $5,800 and $0 and accrued interest was $534 and $391, respectively.

On April 29, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $5,500. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of April 29, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $5,500 and $5,500 and accrued interest was $506 and $371, respectively.

On May 29, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $500. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of May 29, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $500 and $500 and accrued interest was $42 and $29, respectively.

On May 30, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $500. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of May 30, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $500 and $500 and accrued interest was $42 and $29, respectively.

On June 20, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $271. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of June 20, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $271 and $271 and accrued interest was $21 and $14, respectively.

On July 22, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $4,350. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of July 22, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $4,350 and $4,350 and accrued interest was $300 and $193, respectively.

On July 23, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $4,350. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of July 23, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $4,350 and $4,350 and accrued interest was $299 and $192, respectively.

On August 11, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $1,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of August 11, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $1,000 and $1,000 and accrued interest was $64 and $39, respectively.

On August 12, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $1,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of August 12, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $1,000 and $1,000 and accrued interest was $63 and $39, respectively.

On November 7, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $1,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of November 7, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $1,000 and $1,000 and accrued interest was $39 and $15, respectively.

On November 7, 2025, the Company entered into a bridge loan agreement (the “bridge loan”) with a lender amounting to $1,000. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of November 7, 2026. At March 31, 2026 and December 31, 2025, the principal balance on this note was $1,000 and $1,000 and accrued interest was $39 and $15, respectively.

On March 26, 2026, a noteholder paid a legal bill of $5,228 on behalf of the Company and added the balance to their bridge loan. The bridge loan bears interest at 10% per annum calculated monthly and payable on maturity and had a maturity date of March 26, 2027. At March 31, 2026 and December 31, 2025, the principal balance on this note was $5,228 and $0 and accrued interest was $0 and $0, respectively.