Annual report pursuant to Section 13 and 15(d)

Related Party Transactions

Related Party Transactions
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions

Note 11 – Related Party Transactions


Finance Lease Obligations – Related Party


During the year ended December 31, 2023, the Company entered into two related party finance lease obligations. See Note 6 for details.


Nexxis Capital LLC


Charles M. Piluso (Chairman and CEO) and Harold Schwartz (President) collectively own 100% of Nexxis Capital LLC (“Nexxis Capital”). Nexxis Capital was formed to purchase equipment and provide leases to Nexxis Inc.’s customers. The Company received funds of $32,283 and $39,172 during the year ended December 31, 2023, and 2022, respectively.


Eisner & Maglione CPA’s LLC


Lawrence Maglione is a partner of Eisner & Maglione CPA’s LLC. The Company paid his firm $34,644 and $30,760 for accounting and due diligence services during the year ended December 31, 2023 and 2022 respectively.