NOTE PAYABLE

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

NOTE PAYABLE

5. NOTE PAYABLE

On May 20, 2024, the Company renewed its Directors and Officers Liability Insurance agreement for $102,915. Under the terms of the agreement, the Company made a down payment of $21,000, with the remaining balance financed over the remaining term at an annual percentage rate of 7.99%. Beginning June 2024, the Company made 10 monthly payments of $8,494, with the last payment made in March 2025. At the end of March 31,2025, the outstanding balance on the note payable was $0. At December 31, 2024, the outstanding balance on the note payable was $25,148.