Interest Rate

Maturity

September 30,2025

September 30, 2024

Fulton Bank - $360,000 fund equipment for AIS. The Company was in compliance with loan covenants as of September 30, 2024. This loan is secured by certain assets of the Company.

SOFR plus 2.37% (6.61% as of September 30, 2025, and 7.33% as of September 30, 2024).

1/31/2025

-

28,302

Fulton Bank - $312,000 fund equipment for AIS. The Company was in compliance with loan covenants as of September 30, 2025. This loan is secured by certain assets of the Company.

SOFR plus 2.37% (6.61% as of September 30, 2025, and 7.33% as of September 30, 2024).

9/30/2029

257,704

312,000

Fulton Bank mortgage $2,476,000. The Company was in compliance with loan covenants as of September 30, 2025. This loan is secured by the underlying asset.

SOFR plus 2.62% (6.86% on September 30, 2025, and 7.58% on September 30, 2024).

1/28/2040

2,034,048

2,113,337

Fulton Bank (HEISEY) - $1,200,000 mortgage loan; requires monthly principal and interest payments through August 1, 2043, with a final payment of remaining principal on September 1, 2043; The loan is collateralized by 615 Florence Street and 740 Barber Street and guaranteed by AIS and Cemtrex.

SOFR plus 2.80% per annum (7.04% as of September 30, 2025, and 7.76% as of September 30, 2024).

9/30/2043

1,146,630

1,176,112

Fulton Bank (HEISEY) - $2,160,000. promissory note related to purchase of Heisey; requires 84 monthly principal and interest payments; The note is collateralized by the Heisey assets and guaranteed by the Parent; matures in 2030.

SOFR plus 2.80% per annum (7.04% as of September 30, 2025, and 7.76% as of September 30, 2024).

7/1/2030

1,613,677

1,881,621

Note payable - $5,755,000 - Less original issue discount $750,000 and legal fees $5,000, net cash received $5,000,000 Unamortized original issue discount balance of $0, as of September 30, 2025, and September 30, 2024.

8

%

6/30/2025

-

244,766

Note payable - $9,205,000. Less original issue discount $1,200,000 and legal fees $5,000, net cash received $8,000,000. 28,572 shares of common stock valued at $700,400 recognized as additional original issue discount. Unamortized original issue discount balance of $0 as of September 30, 2025, and September 30, 2024.

8

%

2/22/2027

7,871,777

12,195,789

Note payable - $580,000. Less original issue discount $75,000 and legal fees $5,000, net cash received $500,000. Unamortized original issue discount balance of $33,333 as of September 30, 2025.

8

%

5/21/2026

621,773

-

Paycheck Protection Program loan - $121,400 - The issuing bank determined that this loan qualifies for loan forgiveness; however, the Company is awaiting final approval from the Small Business Administration.

1

%

5/5/2025

-

50,628

Less: Unamortized original issue discount

(33,333

)

Total debt

$

13,512,276

$

18,002,555

Less: Current maturities

(8,925,497

)

(4,732,377

)

Long-term debt

$

4,586,779

$

13,270,178