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NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2022

NOTES PAYABLE

Summary of Debt

December 31, 2022		Loan Facility				Trade Facility				Third Party				COVID Loans				Total
Beginning balance		$	1,299,784			$	6,207,010			$	10,077,977			$	641,291			$	18,226,062
Proceeds			-				-				492,336				-				492,336
Payments			(240,705	)			(2,795,786	)			(9,494,823	)			(10,029	)			(12,541,343	)
Conversion of debt			(1,190,000	)			-				-				-				(1,190,000	)
Recapitalized upon debt modification			(81,923	)			(221,060	)			(781,752	)			-				(1,084,735	)
Accretion of debt and debt discount			81,910				216,182				781,752				-				1,079,844
Foreign currency translation			130,934				(100,814	)			22,414				(16,711	)			35,823
Subtotal			-				3,305,532				1,505,078				207,377				5,017,987
Notes payable - long-term			-				(1,604,700	)			(1,076,698	)			(178,172	)			(2,859,570	)
Notes payable - short-term		$	-			$	1,700,832			$	428,380			$	29,205			$	2,158,417

December 31, 2021		Loan Facility				Trade Facility				Third Party				COVID Loans				Total
Beginning balance		$	3,302,100			$	6,446,000			$	12,631,284			$	435,210			$	22,814,594
Proceeds			-				-				565,900				-				565,900
Payments			(141,475	)			(57,835	)			(62,878	)			(3,233	)			(265,421	)
Conversion of debt			(1,606,500	)			-				(3,010,000	)			-				(4,616,500	)
Recapitalized upon debt modification			(86,670	)			-				-				-				(86,670	)
Debt forgiveness			-				-				-				(169,770	)			(169,770	)
Reclassification of Line of Credit			-				-				-				407,174				407,174
Foreign currency translation			(167,671	)			(181,155	)			(46,329	)			(28,090	)			(423,245	)
Subtotal			1,299,784				6,207,010				10,077,977				641,291				18,226,062
Notes payable - long-term			-				(2,450,000	)			(9,854,906	)			(417,649	)			(12,722,555	)
Notes payable - short-term		$	1,299,784			$	3,757,010			$	223,071			$	223,642			$	5,503,507

Summary of Outstanding Debt

Our outstanding debt as of December 31, 2022 is repayable as follows:
		December 31, 2022
2023		$	2,158,417
2024			794,171
2025			1,729,737
2026			204,829
2027 and thereafter			130,833
Total debt			5,017,987
Less: notes payable - current portion			(2,158,417	)
Notes payable - long term portion		$	2,859,570

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