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Debt (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Summary of Outstanding Debt Obligations

A summary of outstanding debt obligations as of March 31, 2022, is as follows:

Loan Description		Current Interest Rate				Maturity Date		Balance (Euro)				Balance ($)				Current Portion				Long-term Portion
Domestic:
Convertible senior secured    note		10% OID				April-22			-				-				-				-
								€	-			$	-			$	-			$	-
Foreign:
Uni Credit Bank AG		1.487%				June-22		€	500,000			$	554,782			$	554,782			$	-
Uni Credit Bank AG		1.580%				August-22			500,000				554,782				554,782
Uni Credit Bank AG		1.685%				September-22			500,000				554,782				554,782
VR Bank		1.950%				August-22			500,000				554,782				554,782				-
								€	2,000,000			$	2,219,128			$	2,219,128			$	-
								€	2,000,000			$	2,219,128			$	2,219,128			$	-

Outstanding debt obligations as of March 31, 2022, consist of the following:

Period Ended March 31, 2022		Convertible Note				Foreign				Total
Current portion:
Principal		$	-			$	2,219,128			$	2,219,128
Less discount							-				-
Less loan origination costs							-				-
Net liability		$	-			$	2,219,128			$	2,219,128

Schedule of Total Future Payments under Notes Payable and Related Party Notes Payable

Total future principal payments under notes payable and related party notes payable as of March 31, 2022, are as follows:

Period Ending March 31, 2023		Convertible Note				Foreign				Total				Discount / Loan Original Costs
Current portion of notes payable		$	-			$	2,219,128			$	2,219,128			$	-
Total minimum payments		$	-			$	2,219,128			$	2,219,128			$	-
Current portion of notes    payable			-				(2,219,128	)			(2,219,128	)			-
Notes payable, net of    current portion		$	-			$	-			$	-			$	-

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- References

No definition available.

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

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- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601

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