Quarterly report [Sections 13 or 15(d)]

DEBENTURES (Tables)

v3.25.1
DEBENTURES (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
SCHEDULE OF OUTSTANDING DEBENTURES

The following table summarizes our outstanding debentures as of the dates indicated:

 

    Maturity  

Cash

Interest Rate

    March 31, 2025     December 31, 2024  
Principal (First Tranche Debentures)   12/31/2024     5.00% - 8.00%   $ 25,000     $ 25,000  
Principal (Second Tranche Debentures)   07/17/2025     5.00% - 8.00%       25,000       25,000  
Principal (Fourth Tranche Debentures)   06/01/2026     5.00% - 8.00%       1,145,070       1,485,714  
Principal (January 2025 Tranche Debentures)   01/16/2026     5.00% - 8.00%       7,700,000       -  
Principal (March 2025 Tranche Debentures)   03/21/2026     5.00% - 8.00%       1,320,000       -  
Debt issuance costs and discounts (Note 10 & 13)                 (5,614,000 )     (92,505 )
Total Debentures (current)               $ 4,601,070     $ 1,443,209