XML 38 R30.htm IDEA: XBRL DOCUMENT v3.20.1
Notes Payable (Tables)
 3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Notes Payable

The table below reflects all notes payable at March 31, 2020 and December 31, 2019, respectively, with the exception of related party notes disclosed in Note 11 - Notes Payable - Related Parties.

 

    March 31, 2020     December 31, 2019  
2020 Notes   $ 2,000,000     $ -  
2018 Unrelated Notes     -       900,000  
2017 Unrelated Notes     -       1,760,000  
2016 Unrelated Notes, net of beneficial conversion feature of $50,703     -       824,297  
Total notes payable   $ 2,000,000     $ 3,484,297  
Less unamortized debt issuance costs     (302,571 )     (144,334 )
Less unamortized debt discount     (311,111 )     -  
Less current portion     -       3,339,963  
Long-term portion of notes payable   $ 1,386,318     $ -  
Schedule of Future Minimum Principal Payments of Notes Payable

Future minimum principal payments of these notes payable as described in this Note 10 are as follows:

 

As of March 31,   Amount  
2023   $ 2,000,000  
Total   $ 2,000,000