Quarterly report [Sections 13 or 15(d)]

Short-Term Notes Payable (Tables)

v3.25.3
Short-Term Notes Payable (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Summary of Short-Term Notes Payable

Short-term notes payable consisted of the following:

 

    September 30,     December 31,  
    2025     2024  
Insurance premium financing of $504,425, due in monthly installments of $58,314, which includes principal and annual interest at 8.75% through April 2026   $ 394,836     $  
Insurance premium financing of $328,528, due in monthly installments of $54,000, which include principal and annual interest at 9.55% through May 2025           328,528  
Total short-term notes payable   $ 394,836     $ 328,528