Note Payable |
12 Months Ended |
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Dec. 31, 2023 | |
Debt Disclosure [Abstract] | |
Note Payable |
Note 3 – Note Payable
On November 28, 2023, the Company entered into a short-term note payable for an aggregate of $329,571, bearing interest at 9.74% per year to finance certain insurance policies. Principal and interest payments related to the note will be repaid over an 11-month period with the final payment due on October 8, 2024. As of December 31, 2023, the Company’s note payable balance was $300,806.
On November 14, 2022, the Company entered into a short-term note payable for an aggregate of $449,874, bearing interest at 5.88% per year to finance certain insurance policies. Principal and interest payments related to the note will be repaid over an 11-month period with the final payment due on October 31, 2023. As of December 31, 2023 and 2022, the Company’s note payable balance was $0 and $409,968, respectively.
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