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NOTES PAYABLE, RELATED PARTY

9 Months Ended

Sep. 30, 2024

Notes Payable Related Party

NOTES PAYABLE, RELATED PARTY

20. NOTES PAYABLE, RELATED PARTY

Notes payable, related party at September 30, 2024 and December 31, 2023, were comprised of the following:

Schedule of notes payable, related party
		Interest rate		Due date		September 30, 2024				December 31, 2023
Notes from officers – Hyperscale Data		18%		-		$	-			$	98,000
Notes from officers - TurnOnGreen		14%		Past due			46,000				51,000
Notes from board member - ROI		No interest		Upon demand			-				90,000
Ault & Company advances		No interest		Upon demand			-				1,909,000
Other related party advances		No interest		Upon demand			125,000				124,000
Total notes payable						$	171,000			$	2,272,000

Summary of interest expense, related party, recorded within interest expense on the condensed consolidated statement of operations:

Schedule of interest expense, related party
		For the Three Months Ended								For the Nine Months Ended
		September 30,								September 30,
		2024				2023				2024				2023
Interest expense, related party		$	1,000			$	-			$	20,000			$	-

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