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Notes Payable | 6 Months Ended
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Jun. 30, 2025
Notes Payable |
Notes Payable | Note 6 – Note Payable During the six months ended June 30, 2025, we purchased approximately $48,200 of equipment with a note payable. The note bears interest at 10.75% and requires fixed payments of principal and interest of $1,042 for sixty months. As of June 30, 2025, the outstanding principal balance was $46,236 of which $9,638 will be repaid within the next twelve months and has been presented as a current liability. At June 30, 2025, future principal payments on the note for the year ended December 31, will be as follows:
2025 (remaining) |  | $ | 3,815 |
2026 |  |  | 8,270 |
2027 |  |  | 9,204 |
2028 |  |  | 10,244 |
2029 |  |  | 11,401 |
Thereafter |  |  | 3,302 |
|  | $ | 46,236 |

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