|
Schedule of Convertible Note Payable - Long Term
| |
|
December 31, 2025 |
|
|
December 31, 2024 |
|
| 16th Avenue Associates |
|
$ |
- |
|
|
$ |
500,000 |
|
| Chase Mortgage, Inc. |
|
|
25,000 |
|
|
|
25,000 |
|
| Debt discount |
|
|
- |
|
|
|
- |
|
| Convertible note payable |
|
$ |
25,000 |
|
|
$ |
525,000 |
|
The details of convertible notes payable, including accrued interest
as of December 31, 2025, were as follows:
| Loan
Source |
|
Loan
Amount |
|
|
Accrued
Interest (as
of December 31, 2025)
|
|
|
Balance
Sheet Classification |
| Chase
Mortgage, Inc. |
|
$ |
25,000 |
|
|
$ |
12,003 |
|
|
Convertible note payable |
| 16th
Avenue Associates |
|
$ |
- |
|
|
$ |
- |
|
|
Converted 11/5/2025 |
| Total |
|
$ |
25,000 |
|
|
$ |
12,003 |
|
|
|
|