Loan(s) Payable - Related Party (Tables)

6 Months Ended

Jun. 30, 2023

Loan(s) Payable - Related Party [Abstract]

Loans Payable

Information regarding the loan(s) payable is as follows:

Date of loan(s)	Rate			Due Date	June 30, 2023		December 31, 2022
February 2023		6.50	%	February 28, 2025	$	300,000	$	-
April 2023		6.50	%	April 30, 2025		325,000
May 2023		6.50	%	May 31, 2025		310,000
June 2023		7.00	%	June 30, 2025		330,000
					$	1,265,000	$	-

Accrued Interest Expense on Loans Payable

Information regarding accrued interest expense on the loan(s) payable is as follows:

(in thousands)	June 30, 2023		December 31, 2022
Accrued interest expense	$	16	$	-