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RELATED PARTIES TRANSACTIONS (Tables) | 9 Months Ended
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Sep. 30, 2025
Related Party Transactions [Abstract] |
SCHEDULE OF RELATED PARTIES | SCHEDULE OF RELATED PARTIES
| b) | Amounts due to related parties
|  | September 30, 2025 |  |  | December 31, 2024 |
Dan Ruegg and Diane Ruegg (1) |  |  | 1,050,677 |  |  |  | 1,054,179 |
Tom Ruegg (2) |  |  | 271,338 |  |  |  | 358,992 |
Ruegg Capital Group (3) |  |  | - |  |  |  | 9,369 |
Total |  | $ | 1,322,015 |  |  | $ | 1,422,540 |
Amounts due to related parties |  | $ | 1,322,015 |  |  | $ | 1,422,540 |
(1) | This loan was jointly provided by Mr. Dan Ruegg and his spouse, Mrs. Diane Ruegg to support the Company’s daily operational needs. Pursuant to the agreement, Dan and Diane Ruegg agreed to loan the Company up to $1 million as an investment in Off the Hook Yacht Sales NC, LLC. The loan is unsecured, bears interest at an annual rate of 7.00%, and has no maturity date.
(2) | This operating loan was obtained from Mr. Tom Ruegg on February 3, 2023, with a principal amount of $500,000 and a fixed annual interest rate of 7.00%. Interest is accrued and will be paid together with the principal upon repayment. The loan will mature on July 1, 2027.
(3) | The Company borrowed funds from related parties for working capital purpose. The interest rate is 0%. The Company used the stated rate of 7.50% as imputed interest rate. These working capital advances are payable on demand. As of September 30, 2025 and December 31, 2024, these working capital advances amounted to nil and $9,369, are reflected as related party loans on the accompanying balance sheets. During the nine months ended September 30, 2025 and 2024, in connection with these related party loans, the Company imputed interest of nil and $10,688, respectively, and recorded interest expense and an increase in additional paid-in capital.
| c) | Amounts due from related parties
Amounts due from related parties consisted of the following for the periods indicated:
|  | September 30, 2025 |  |  | December 31, 2024 |
OTH Service NC, LLC |  |  | - |  |  |  | 11,313 |
Total |  | $ | - |  |  | $ | 11,313 |
Amounts due from related parties |  | $ | - |  |  | $ | 11,313 |

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1 + Details
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