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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Summary of Outstanding Debt Obligations

A summary of outstanding debt obligations as of December 31, 2024, are as follows:

 

Loan Description

 

Current
Interest Rate

 

Maturity
Date

 

Balance
(Euro)

 

 

Balance ($)

 

 

Current
Portion

 

 

Long-term
Portion

 

Foreign:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Commerzbank AG

 

4.75%

 

March-25

 

 

500,000

 

 

 

517,525

 

 

 

517,525

 

 

 

-

 

 Uni Credit Bank AG

 

4.40%

 

June-25

 

 

500,000

 

 

 

517,525

 

 

 

517,525

 

 

 

-

 

 

 

 

1,000,000

 

 

$

1,035,050

 

 

$

1,035,050

 

 

$

-