Debt / Notes Payable	3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]
Debt / Notes Payable	(12) Debt / Notes Payable As of the reporting date, the Company has outstanding lines of credit with multiple parties, which are evidenced by revolving promissory notes. The Company does not have any outstanding term promissory notes or convertible debt instruments. The Company maintains certain lines of credit with third parties, related parties, and a financial institution. During the reporting period, certain balances were repaid, including amounts due to an affiliate, while borrowings under a related party line of credit with an entity controlled by the Company’s Chief Executive Officer increased. In addition, the Company established a line of credit with its banking institution, Frost Bank of Texas, during the period. The line of credit is supported by a personal guarantee from the Company’s Chief Executive Officer. As of March 31, 2026, outstanding balances under these arrangements were nominal and aggregated approximately $35,520, including approximately $29,000 under the related party line of credit with an entity controlled by the Company’s Chief Executive Officer. The remaining balances relate to third-party and affiliate arrangements.

Debt / Notes Payable

3 Months Ended

Mar. 31, 2026

(12) Debt / Notes Payable

As of the reporting date, the Company has outstanding lines of credit with multiple parties, which are evidenced by revolving promissory notes. The Company does not have any outstanding term promissory notes or convertible debt instruments.

The Company maintains certain lines of credit with third parties, related parties, and a financial institution. During the reporting period, certain balances were repaid, including amounts due to an affiliate, while borrowings under a related party line of credit with an entity controlled by the Company’s Chief Executive Officer increased. In addition, the Company established a line of credit with its banking institution, Frost Bank of Texas, during the period. The line of credit is supported by a personal guarantee from the Company’s Chief Executive Officer.

As of March 31, 2026, outstanding balances under these arrangements were nominal and aggregated approximately $35,520, including approximately $29,000 under the related party line of credit with an entity controlled by the Company’s Chief Executive Officer. The remaining balances relate to third-party and affiliate arrangements.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

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+ Details

MINERALRITE Corp 10-Q