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Notes Payable (Tables) - Nonrelated Party [Member]

3 Months Ended

Mar. 31, 2024

Defined Benefit Plan Disclosure [Line Items]

Schedule of Notes Payable

The table below summarizes all notes payable at March 31, 2024 and December 31, 2023, respectively with the exception of related party notes disclosed in Note 8 “Notes Payable - Related Parties.”

 Schedule of Notes Payable

		March 31, 2024				December 31, 2023
Notes payable – “2022 Unrelated Notes”		$	1,864,500			$	2,364,500
Less unamortized debt issuance costs			(101,468	)			(155,258	)
Less current portion			(325,000	)			-
Long-term portion of notes payable		$	1,438,032			$	2,209,242

Subordinated Notes Payable				Issue Date		Interest Rate				Interest Due		Principal Due
$	325,000			April 1, 2022			12	%		Quarterly		March 30, 2025
$	1,539,500			April 1, 2022			12	%		Quarterly		December 31, 2025

Schedule of Future Minimum Principal Payments of Notes payable

Future minimum principal payments of the Notes Payable to Unrelated Parties are as follows:

 Schedule of Future Minimum Principal Payments of Notes payable

As of March 31,		Amount
2025		$	325,000
2026			1,539,500
Total		$	1,864,500

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

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