NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

SCHEDULE OF NOTES PAYABLE

Notes payable consist of the following at December 31, 2023 and 2022:

	December 31, 2023		December 31, 2022
Note payable (a)	$	-	$	109,000
Note payable (b)		-		275,000
Note payable (c)		-		-
Note payable (d)		-		-
Total	$	-	$	384,000

(a) On July 15, 2022, the Company entered into an unsecured promissory note (“Note”) with a private party (“Lender”), in the principal amount of $100,000, which bears interest at the rate of twenty (20) percent per annum. The full balance of the Note, including accrued interest, is due and payable in one lump sum payment on the earlier to occur of: (a) the one year anniversary of the Note or (b) 15th day following the receipt by the Company of the proceeds from the anticipated initial public offering of the Company’s common stock. The Note is secured by all inventory of the Company, which shall transfer to the possession and ownership of the lender immediately if the Company defaults on its repayment obligations. At December 31, 2022, outstanding principal and accrued interest totaled $109,000. The Note became past due on July 15, 2023. During the year ended December 31, 2023, the Company added $13,000 of additional accrued interest and paid the outstanding principal and accrued interest of $122,000, leaving no balance remaining at December 31, 2023.

(b)	On November 9, 2022, the Company entered into a promissory note (“Note”) for $250,000. The Company promises to pay to the order of Lender the sum of two hundred fifty thousand dollars ($250,000), together with a single payment of 10% of the total loan within 90 days of the loan, plus a 20% per annum on the balance if it is not paid within 90 days of the loan. The full balance of this Note is due and payable in one lump sum payment on the earlier to occur of: (a) 90 days from receipt of funds, (b) the one-year anniversary of this Note or (c) no more than 15 days following the receipt by Borrower of the proceeds from the anticipated initial public offering of Borrower’s common stock. Notwithstanding anything to the contrary herein and regardless of when the Note is repaid in full, the minimum interest payment due to Lender shall be $25,000. At December 31, 2022, outstanding principal and accrued interest totaled $275,000. During the year ended December 31, 2023, the Company added $26,000 of additional accrued interest and paid the outstanding principal and accrued interest of $301,000, leaving no balance remaining at December 31, 2023.
(c)	On July 11, 2023, the Company received a loan of $11,000 from a third party, which bears no interest and is due on demand. During the year ended December 31, 2023, the Company paid the outstanding principal of $11,000, leaving no remaining balance at December 31, 2023.
(d)	On August 8, 2023, the Company entered into a loan agreement for $58,000 with a third party, which included $8,000 of interest and fees. The total loan proceeds received by the Company were $50,000. The loan bears 10% interest and is due and payable on September 8, 2023. On August 29, 2023, the Company paid the outstanding principal and accrued interest of $58,000, leaving no balance remaining at December 31, 2023.