XML 35 R25.htm IDEA: XBRL DOCUMENT v3.25.1
LINES OF CREDIT – RELATED PARTIES
3 Months Ended
Mar. 31, 2025
Related Party [Member]  
Defined Benefit Plan Disclosure [Line Items]  
LINES OF CREDIT – RELATED PARTIES

16. LINES OF CREDIT – RELATED PARTIES

 

Principal due under the lines of credit – related parties was as follows at March 31, 2025 and December 31, 2024:

 

   March 31, 2025   December 31, 2024 
           
Lines of credit 12% - 18%  $3,525,000   $3,525,000 

 

Interest expense under lines of credit – related parties was $134,075 and $169,962 for the three months ended March 31, 2025 and 2024, respectively.

 

The lines of credit – related parties are collateralized by the inventory of the Company.