Company: FMHS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001096906-25-001826
Chunk: 9

Company: FARMHOUSE, INC. /NV
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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25,000cash to the spouse of a Company director. The note is due April 18, 2028. The note is considered

a related party transaction but was issued on the same terms as those offered to unaffiliated investors and was executed on an arm’s length basis.

Interest expense on this note was $1,164andzerofor the nine months ended September 30, 2025 and 2024, respectively, and $651andzerofor the three months ended September 30, 2025 and 2024, respectively. Accrued interest on related party notes was $2,185and $348as of September 30, 2025 and December 31, 2024, respectively.

NOTE 7 - CONVERTIBLE NOTES PAYABLE - LONG-TERM

Convertible notes payable - long-term is comprised of the following:

                                                                                                                                       September 30,      December 31,  
                                                                                                                                                                        
                                                                                                                                                2025      2024          
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Series 2023 Notes                                                                                                                                                     
  Note payable to unaffiliated individual, interest at 10% per annum, $25,000 due June 1, 2026 and $4,000 due September 30, 2026.            $29,000      $29,000       
  Note payable to unaffiliated individual, interest at 10% per annum, due October 2, 2026.                                                     5,000      5,000         
  Series 2025 Notes                                                                                                                                       -             
  Note payable to unaffiliated individual, interest at 10% per annum, due February 24, 2028.                                                  10,000      -             
  Note payable to unaffiliated individual, interest at 10% per annum, due March 18, 2028.                                                     61,000      -             
  Note payable to unaffiliated individual, interest at 10% per annum, due March 31, 2028.                                                      6,200      -             
  Note payable to unaffiliated individual, interest at 10% per annum, due March 31, 2028.                                                     13,400      -             
  Note payable to unaffiliated individual, interest at 10% per annum, due March 31, 2028.                                                    250,000      -             
  Note payable to unaff