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Debt Including Debt with Related Parties (Tables) | 6 Months Ended
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Jun. 30, 2024
Debt Disclosure [Abstract] |
The following table represents the Company’s outstanding debt as of June 30, 2024 and December 31, 2023: | The following table represents the Company’s outstanding debt as of June 30, 2024 and December 31, 2023:
|  | As of June 30, 2024 |  |  | As of December 31, 2023 |
Equity Bank Credit Facility |  | $ | 8,442,484 |  |  | $ | 4,492,484 |
Note Payable – Related Party |  |  | 1,060,004 |  |  |  | 1,060,004 |
Equipment and vehicle notes, 0.00% to 9.00% interest rates, due in 2025 to 2028 with monthly payments ranging from $900 to $1,400 per month |  |  | 126,632 |  |  |  | 148,516 |
Note Payable to insurance provider, bears 7.29% interest, matures January 2025, monthly payments of principal and interest of $51,067 |  |  | 294,465 |  |  |  | — |
Total Debt |  |  | 9,923,585 |  |  |  | 5,701,004 |
Less: Current Maturities |  |  | (339,825 | ) |  |  | (44,225 | )
Less: Note Payable – Related Party |  |  | (1,060,004 | ) |  |  | (1,060,004 | )
Long-Term debt |  | $ | 8,523,756 |  |  | $ | 4,596,775 |

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