NOTE PAYABLE

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

NOTE PAYABLE

5. NOTE PAYABLE

On May 20, 2024, the Company renewed its Directors and Officers Liability Insurance agreement for $92,597. Under the terms of the agreement, the Company made a down payment of $19,000, with the remaining balance financed over the remaining term at an annual percentage rate of 7.25%. Beginning June 2025, the Company will make 10 monthly payments of $7,606, with the last payment made in March 2026. At the end of June 30, 2025, the outstanding balance on the note payable was $66,435.