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Long-term Debt | 6 Months Ended
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Jun. 30, 2022
Debt Disclosure [Abstract] |
Long-term Debt | Note 10. Long-term Debt To assist in funding the manufacture of the Company’s Remediation Processing Centers, between 2015 and 2017, the Company entered into two agreements which include terms for the purchase of participation rights for the sale of future revenue of the funded RPCs. The RPCs are estimated to enter scaled up operations in 2022 and make estimated payments. The Company estimates future payments based on revenue projections for the RPCs. Due to delays in scaled up operations (see Note 1 Long Lived Assets) the effective interest rate of these agreements increased from approximately 33% to 36%. Long-term debt consists of the following:
Schedule Of Long-Term Debt |  |  |  |  |  |  |  |
|  | June 30, |  |  | December 31, |
|  | 2022 |  |  | 2021 |
Principal |  | $ | 2,196,233 |  |  | $ | 2,196,233 |
Accrued interest |  |  | 3,049,304 |  |  |  | 4,205,144 |
Debt discount |  |  | (219,380 | ) |  |  | (226,823 | )
Total long term debt |  | $ | 5,026,157 |  |  | $ | 6,174,554 |
Long term debt, current |  | $ | 8,565 |  |  | $ | 3,256 |
Long term debt |  | $ | 5,017,592 |  |  | $ | 6,171,298 |
The following table sets forth the estimated payment schedule of long-term debt as of June 30, 2022:
Schedule of long-term debt maturities |  |  |  |
2022 |  | $ | 3,525 |
2023 |  |  | 10,795 |
2024 |  |  | 14,078 |
2025 |  |  | 18,359 |
2026 |  |  | 23,943 |
Thereafter |  |  | 2,125,533 |
Total |  | $ | 2,196,233 |

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI https://asc.fasb.org/topic&trid=2208564 + Details
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