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NOTE 7 - CONVERTIBLE DEBT: Schedule of Debt (Tables)
9 Months Ended
Sep. 30, 2025
Convertible Debt  
Schedule of Debt

 

Note

 

Issuance Date

 

Maturity Date

 

Interest
Rate

 

Original
Principal
Amount

 

Balance at
September 30,
2025

 

Balance at
December 31,
2024

Convertible promissory note #1

 

July 28, 2016

 

January 19, 2017

 

8%

 

$15,000 

 

$6,750 

 

$6,750 

Convertible promissory note #2

 

May 25, 2022

 

August 5, 2023

 

10%

 

154,000 

 

- 

 

- 

Convertible promissory note #3

 

May 12, 2022

 

May 1, 2023

 

12%

 

200,000 

 

- 

 

200,000 

Convertible promissory note #4

 

January 24, 2023

 

April 24, 2024

 

0%

 

388,888 

 

177,207 

 

324,111 

Total notes payable

 

 

 

 

 

 

 

$757,888 

 

$183,957 

 

$530,861 

Debt discount and deferred financing costs

 

 

 

 

 

 

 

- 

 

- 

 

- 

Total notes payable, net

 

 

 

 

 

 

 

$757,888 

 

$183,957 

 

$530,861