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Notes Payable - Silent Partnership

12 Months Ended

Dec. 31, 2025

Notes Payable - Silent Partnership [Abstract]

NOTE 12 – NOTES PAYABLE - SILENT PARTNERSHIP

Continuity of the Company’s silent partnerships is as follows:

		Face		Remuneration			Stated Interest			Effective Interest			December 31,		December 31,
	Maturities⁽²⁾	value		Rate ⁽¹⁾			Rate			Rate			2025		2024
June 2020 Silent Partnership	March 31, 2026	€	50,000		NA			3.5	%		11.3	%	$	-	$	49,435
January 2020 Silent partnership	March 31, 2026	€	299,400		15.0	%		3.0	%		11.7	%		316,198		331,694
February 2021 Silent partnership	March 31, 2026	€	100,000		15.0	%		3.0	%		11.7	%		105,611		110,526
June 2021 Silent Partnership	March 31, 2026	€	100,000		15.0	%		3.0	%		11.8	%		105,611		110,567
June 2016 Silent Partnership	March 31, 2026	€	120,000		30.0	%		8.5	%		11.7	%		183,057		157,343
October 2015 Silent Partnership	March 31, 2026	€	200,000		30.0	%		8.5	%		11.5	%		246,425		263,353
Carrying value total													$	956,902	$	1,022,918

Silent partnership Short-term													$	956,902	$	1,022,918
Silent partnership Long-term													$	-	$	-

(1)	Upon the amounts coming due, the lender has the option to demand an additional payment equal to certain percentage of the contribution as a final remuneration (the “Final Remuneration”).

(2)

The maturities were extended to March 31, 2026.

During the years ended December 31, 2025 and 2024, the Company recorded interest expense of $84,714 and $37,341, and accretion expenses of $65,172 and $60,176, respectively. As of December 31, 2025 and 2024, the Company recorded unamortized discount of $0 and $59,452, respectively.