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COVID Loans

3 Months Ended

Mar. 31, 2025

Note 4 – COVID Loans

The Company assumed the obligations for two COVID Loans originally made by the Small Business Administration to senseFly S.A. on July 27, 2020 (“senseFly COVID Loans”). As of senseFly Acquisition Date, the fair value of the COVID Loan was $1,440,046 (“senseFly COVID Loans”). For the three months ended March 31, 2025, senseFly S.A. made the required payments on the senseFly COVID Loans, including principal and accrued interest, aggregating approximately $100,930. As of March 31, 2025, the Company’s outstanding obligations under the senseFly COVID Loans are $420,369.

As of March 31, 2025, scheduled principal payments due under the senseFly COVID Loans are as follows:

Year ending December 31,
2025 (remaining)	$	139,884
2026		93,505
2027		186,980
Total	$	420,369