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NOTES PAYABLE, RELATED PARTY

9 Months Ended

Sep. 30, 2025

15. NOTES PAYABLE, RELATED PARTY

Notes payable, related party at September 30, 2025 and December 31, 2024, were comprised of the following:

Schedule of interest expense, related party
	Interest rate	Due date	September 30, 2025		December 31, 2024
Ault & Company demand promissory note	9.5%	Upon demand	$	3,639,000	$	-
Notes from officers - TurnOnGreen, in default	14%	Past due		51,000		46,000
Other related party advances	No interest	Upon demand		26,000		118,000
Total notes payable			$	3,716,000	$	164,000

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,
	2025		2024		2025		2024
Interest expense, related party	$	22,000	$	1,000	$	41,000	$	20,000

Ault & Company Demand Note

On September 9, 2025, the Company executed a Demand Promissory Note (the “Note”) in favor of Ault & Company to formalize prior advances and loans previously provided by Ault & Company. The Note has an original principal balance of $4.0 million, bears interest at 9.5% per annum, and is payable upon demand. The Note is unsecured.