Note 4 - COVID Loans

9 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Long-Term Debt [Text Block]

Note 4 – COVID Loans

The Company assumed the obligations for two COVID Loans originally made by the Small Business Administration to senseFly S.A. on July 27, 2020 (“senseFly COVID Loans”). As of senseFly Acquisition Date, the fair value of the COVID Loan was $1,440,046 (“senseFly COVID Loans”). For the three and nine months ended September 30, 2025, senseFly S.A. made the required payments on the senseFly COVID Loans, including principal and accrued interest, aggregating approximately $92,115 and $254,885 respectively. As of September 30, 2025, the Company’s outstanding obligations under the senseFly COVID Loans are $309,282.

As of September 30, 2025, scheduled principal payments due under the senseFly COVID Loans are as follows:

Year ending December 31,
2025 (remaining)	$	—
2026		103,098
2027		206,184
Total	$	309,282