NOTE 3 – NOTES PAYABLE, RELATED PARTY

During 2023, the Company’s Chief Executive Officer made three loans to the Company for aggregate principal amount of $260 pursuant to terms of the note agreements. The notes have relatively similar terms, are unsecured, and accrue interest at 3.5% per annum. As of December 31, 2024, the aggregate outstanding balance of the loans including accrued interest is $266, with $165 due in April 2025, $73 due in August 2025, and $28 due in October 2025.