Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE DEBT OBLIGATIONS (Tables)

v3.23.1
CONVERTIBLE DEBT OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
SCHEDULE OF CONVERTIBLE NOTES

Amounts owed pursuant to the Company’s convertible debt obligations are as follows:

   

GGH

Notes

    2023 Notes    

Total

Principal

   

Debt

Discount

   

Convertible debt,

net of discount

 
                               
Balance at January 1, 2023   $ 1,997,909     $ -     $ 1,997,909     $ (6,450 )   $ 1,991,459  
Notes issued     -       5,617,978       5,617,978       (2,509,601 )     3,108,377  
Debt principal converted to common stock:     (1,335,439 )     -       (1,335,439 )     -       (1,335,439 )
Principal repayments     (662,470 )     (81,584 )     (744,054 )     -       (744,054 )
Amortization of debt discount     -       -       -       362,166       362,166  
Balance at March 31, 2023   $ -     $ 5,536,394     $ 5,536,394     $ (2,153,885 )   $ 3,382,509