Quarterly report [Sections 13 or 15(d)]

NOTES PAYABLE

v3.25.3
NOTES PAYABLE
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
NOTES PAYABLE

NOTE 6 – NOTES PAYABLE

 

In March 2023, the Company entered into a financing arrangement to purchase a vehicle with an interest rate of 11.44% and a monthly payment of $908 until February 2029. The vehicle is collateral for this arrangement.

 

The following table provides the maturities of notes payable as of September 30, 2025:

     
Remainder of 2025   $ 2,725  
2026     10,898  
2027     10,898  
2028     10,898  
2029     1,816  
Total future payments     37,235  
Less: Interest     (6,829 )
Total notes payable     30,406  
Less current portion     (7,822 )
Long-term notes payable   $ 22,584