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Short-Term Loan Payables from Related Parties
 12 Months Ended
Dec. 31, 2024
Short-Term Loan Payables from Related Parties [Abstract]  
SHORT-TERM LOAN PAYABLES FROM RELATED PARTIES

NOTE 10 — SHORT-TERM LOAN PAYABLES FROM RELATED PARTIES

 

The following table summarizes information regarding short-term loan payables from related parties as of December 31, 2024 and December 31, 2023. Jaman Lee was appointed as the Company’s President in 2024, and Hangmuk Shin is the largest shareholder of Global Interactive Technologies, Inc. 

 

   December 31,
2024		   December 31, 2023 
Jaeman Lee, July 1, 2024 through December 23, 2024  $255,286   $
—
 
Hangmuk Shin, July 1, 2024 through December 23, 2024   94,321    
—
 
Total  $349,607    
—
 

 

As of December 31, 2024, the interest rate on the loan payables is 4.6% per annum, and the total interest accrued amounts to $5,962. There are no other financial covenants.