Notes Payable

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Notes Payable

Note 3 – Notes Payable

Notes payable and related terms were as follows:

		1			2		3
Terms		Note Payable			Note Payable		Note Payable
Issuance date of note		September 2019			March 2019		May 2022
Maturity date		September 2022			March 2024		September 2022
Interest rate		7.70	%		N/A		N/A
Default interest rate		18	%		N/A		N/A
Collateral		Unsecured			Unsecured		Unsecured
Original amount	$	525,000		$	300,000	$	67,500

							Total		In-Default
Balance - December 31, 2025	$	525,000	$	55,000	$	67,500	$	647,500	$	647,500
No activity in first quarter of 2026		-		-		-		-		-
Balance – March 31, 2026	$	525,000	$	55,000	$	67,500	$	647,500	$	647,500

1 The Company executed a settlement agreement with a third party for $525,000 in 2019. This note requires semi-annual interest payments. At March 31, 2026, the note is in default.

2 The Company executed a settlement agreement with a third party for $300,000 in 2019. This note requires sixty (60) monthly installments of $5,000 each until paid in full. At March 31, 2026, the note is in default.

3	The Company executed a note for $67,500 and received net proceeds of $30,000. The balance of $37,500 was an original issue discount amortized over the life of the note. At March 31, 2026, the note is in default.
4	The notes payable in the original amounts of $300,000 and $67,500 are non-interest bearing. For the note in the original amount of $525,000, as of March 31, 2026 and 2025, total accrued interest was $366,164 and $268,230, respectively. The Company recorded interest expense on this note payable for the fiscal quarters ending March 31, 2026 and 2025, of $27,059 and $23,625, respectively

GREENWAY TECHNOLOGIES, INC. AND SUBSIDIARIES

CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2026

(UNAUDITED)