v3.25.4
RELATED PARTY TRANSACTIONS (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Related Party Transactions [Abstract]    
SCHEDULE OF EXPENSES WITH RELATED PARTIES

The Company incurred the following expenses with related parties, which were all affiliates of the Company:

 

 

   Expense type  Three
months
ended
September 30,
2025		   Three
months
ended
September 30,
2024		   Nine
months
ended
September 30,
2025		   Nine
months
ended
September 30,
2024		 
                    
Expenses under contract due to:                           
Energy Transition Investors LLC  Interest  $-   $       -   $422    - 
DRE Chicago LLC  Interest   -    -    7,187    - 
Endurance Antarctica Partners II, LLC  Interest          -    -    51,042    - 
Total expenses     $-   $-   $58,651    - 

 

   Expense type  Year Ended December 31,2024   Period from
March 16, 2023
(inception) through
December 31, 2023		 
            
Expenses under contract due to:             
DRE Chicago LLC  Consulting expense  $143,057   $- 
DRE Chicago LLC  Interest   1,979    - 
DRE Chicago LLC  Finance charges   375,000    - 
Endurance Antarctica Partners II, LLC  Interest   18,958    - 
Endurance Antarctica Partners II, LLC  Finance charges   3,500,000    - 
VIKASA Capital Partners LLC  Consulting expense   -    980,000 
7636 Holdings LLC  Consulting expense   -    180,806 
VIKASA Capital LLC  Consulting expense   -    171,213 
Energy Transition Investors LLC*  Interest   -    5,333 
VIKASA Clean Energy I LP*  Interest   -    1,138 
Roshan Pujari*  Interest   -    640 
Total expenses     $4,038,994   $1,339,130 
              
Other expenses paid on the Company’s behalf due to:             
DRE Chicago LLC     $6,679   $- 
VIKASA Capital LLC      -    34,318 
VIKASA Capital Partners LLC      -    9,868 
Total other expenses paid on the Company’s behalf      6,679    44,186 
Total     $4,045,673   $1,383,316 
SCHEDULE OF RELATED PARTIES

The Company entered into notes payable agreements of with related parties, all of whom were affiliates.

 

     

As of

September 30, 2025

  

As of

December 31, 2024

 
            
DRE Chicago LLC  Interest Accrued  $-   $1,979 
Endurance Antarctica Partners II, LLC  Interest Accrued   -    18,958 
Energy Transition Investors LLC  Interest Accrued   422    - 
DRE Chicago LLC  Short-term loan*   -    625,000 
Endurance Antarctica Partners II, LLC  Short-term loan*   -    5,250,000 
Notes obtained from related parties     $422   $5,895,937 

 

* Short-term loan includes Equity Kicker payable as per the terms of the loan agreement.

 

      Year Ended
December 31, 2024		   Period from March 16, 2023 (inception) through December
31, 2023		 
            
Energy Transition Investors LLC*  Notes payable  $-   $750,000 
VIKASA Clean Energy I LP*  Notes payable   -    160,000 
Roshan Pujari*  Notes payable   -    90,000 
DRE Chicago LLC  Interest Accrued   1,979    - 
Endurance Antarctica Partners II, LLC  Interest Accrued   18,958    - 
DRE Chicago LLC  Short-term loan**   625,000    - 
Endurance Antarctica Partners II, LLC  Short-term loan**   5,250,000    - 
Notes obtained from related parties     $5,895,937   $1,000,000 

 

*VIKASA Capital LLC facilitated the initial funding of the notes obtained on behalf of the related parties.
** Short-term loan includes Equity Kicker payable as per the terms of the loan agreement.