NOTES PAYABLE |
12 Months Ended |
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Dec. 31, 2024 | |
Nonrelated Party [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
NOTES PAYABLE |
NOTE 4 – NOTES PAYABLE
In prior years, the Company entered into several financing agreements for the purchase of equipment. The terms of these financing arrangements were for a term of 2 years to 5 years, with interest rates ranging from 1.9% to 6.9% per annum, secured by the purchased equipment, and maturing between September 2023 and July 2024. At December 31, 2022, the balance of these notes totaled $268. During 2023, note principal of $205 was repaid, and at December 31, 2023, the balance of the notes totaled $64. The notes were paid off in full during 2024.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The entire disclosure for long-term debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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