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DEBT (Tables)
6 Months Ended
Jun. 30, 2026
DEBT  
Schedule Of Long-term Debt

​

​

​

​

​

​

​

​

​

  ​ ​ ​

Outstanding Balance

​

 

June 30, 

  ​ ​ ​

December 31, 

​

 

2026

​

2025

Consumer

 

​

  ​

 

​

  ​

Note payable, FSB (1)

​

$

2,284,999

​

$

2,342,485

Note payable, Truist Bank (3)

​

 

742,477

​

 

762,430

Notes payable, TBT (4)

​

 

1,450,686

​

 

1,486,229

Note payable, Scottsdale Transaction (5)

​

 

6,250

​

 

18,750

​

​

​

​

​

​

​

Sub-total

​

 

4,484,412

​

 

4,609,894

​

​

​

​

​

​

​

Commercial

​

 

  ​

​

 

  ​

Note payable, FSB (2)

​

 

5,184,311

​

 

5,314,741

​

​

​

​

​

​

​

Sub-total

​

 

5,184,311

​

 

5,314,741

​

​

​

​

​

​

​

Corporate

​

 

  ​

​

 

  ​

Line of credit, FSB (6)

​

 

—

​

 

—

​

​

​

​

​

​

​

Sub-total

​

 

—

​

 

—

​

​

​

​

​

​

​

Total

​

 

9,668,723

​

 

9,924,635

​

​

​

​

​

​

​

Less: current portion

​

 

(7,589,297)

​

 

(7,787,468)

​

​

​

​

​

​

​

​

​

$

2,079,426

​

$

2,137,167

(1)On November 23, 2021, the consumer segment entered into a $2.781 million secured amortizing note payable with Farmer’s State Bank of Oakley, Kansas (“FSB”). The note payable bears interest at 3.10% and matures on November 15, 2026.
(2)On November 23, 2021, the commercial segment entered into a $6.309 million secured amortizing note payable with FSB. The note payable bears interest at 3.10% and matures on November 15, 2026.
(3)On July 9, 2020, the consumer segment entered into a $956 thousand secured amortizing note payable with Truist Bank. The note payable bears interest at 3.65% and matures on July 9, 2030.
(4)On July 30, 2021, the consumer segment entered into a $1.772 million secured amortizing note payable with TBT. The note payable bears interest at 3.75% and matures on July 30, 2031.
(5)On September 12, 2024, the consumer segment entered into a $50 thousand secured amortizing note payable in relation to the Scottsdale Transaction. The repayment of the note payable shall begin upon the fulfillment of certain terms and conditions under the asset purchase agreement entered into on September 12, 2024. The note payable’s imputed interest is 3.10% and matures on September 30, 2026.
(6)On November 8, 2024, the Company entered into a $3.800 million secured line of credit with FSB. The line of credit bears interest at our rate of deposit +1.00% with a floor of 3.10% and matures on November 23, 2027.
Schedule of Future Payments of Notes Payable, Related Party

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​

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​

​

2026

  ​ ​ ​

2027

  ​ ​ ​

2028

  ​ ​ ​

2029

  ​ ​ ​

2030

  ​ ​ ​

Thereafter

Consumer

  ​

​

​

  ​

​

​

  ​

​

​

  ​

​

​

  ​

​

​

  ​

​

Note payable, FSB (1)

$

2,284,999

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

Note payable, Truist Bank (3)

​

20,251

 

​

41,716

 

​

43,216

 

​

44,913

 

​

592,381

 

​

—

Notes payable, TBT (4)

​

35,757

 

​

74,325

 

​

77,019

 

​

80,099

 

​

83,155

 

​

1,100,331

Note payable, Scottsdale Transaction (5)

​

6,250

 

​

—

 

​

—

 

​

—

 

​

—

 

​

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Sub-total

​

2,347,257

 

​

116,041

 

​

120,235

 

​

125,012

 

​

675,536

 

​

1,100,331

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Commercial

​

  ​

 

​

  ​

 

​

  ​

 

​

  ​

 

​

  ​

 

​

  ​

Note payable, FSB (2)

​

5,184,311

 

​

—

 

​

—

 

​

—

 

​

—

 

​

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Sub-total

​

5,184,311

 

​

—

 

​

—

 

​

—

 

​

—

 

​

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Corporate

​

  ​

 

​

  ​

 

​

  ​

 

​

  ​

 

​

  ​

 

​

  ​

Line of credit, FSB (6)

​

—

 

​

—

 

​

—

 

​

—

 

​

—

 

​

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Sub-total

​

—

 

​

—

 

​

—

 

​

—

 

​

—

 

​

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

$

7,531,568

​

$

116,041

​

$

120,235

​

$

125,012

​

$

675,536

​

$

1,100,331

Schedule of maturities of long-term debt of Principal Payments

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​

​

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  ​ ​ ​

Scheduled

  ​ ​ ​

  ​ ​ ​

​

  ​ ​ ​

  ​ ​ ​

​

​

​

Principal

​

Loan

​

​

​

Scheduled Principal Payments and Maturities by Year

 

Payments

  ​ ​ ​

Maturities

  ​ ​ ​

Total

2026

 

$

220,256

 

$

7,311,312

 

$

7,531,568

2027

 

​

116,041

 

​

—

 

​

116,041

2028

 

​

120,235

 

​

—

 

​

120,235

2029

 

​

125,012

 

​

—

 

​

125,012

2030

 

​

110,184

 

​

565,352

 

​

675,536

Thereafter

 

​

65,531

 

​

1,034,800

 

​

1,100,331

​

​

​

​

​

​

​

​

​

​

​

​

$

757,259

​

$

8,911,464

​

$

9,668,723

​