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NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2023

NOTES PAYABLE

Summary of roll forward of the third party Debt

December 31, 2023		Trade Facility				Third Party				COVID Loans				Total
Beginning balance, December 31, 2022		$	3,305,532			$	1,505,078			$	207,377			$	5,017,987
Proceeds			-				1,082,231				-				1,082,231
Payments			(1,155,310	)			(415,557	)			(27,027	)			(1,597,894	)
Oher additions			-				317,880				-				317,880
Debt forgiveness			(306,637	)			-				-				(306,637	)
Foreign currency translation			64,610				21,516				6,534				92,660
Ending balance, December 31, 2023			1,908,195				2,511,148				186,884				4,606,227
Notes payable – long-term			(1,327,440	)			(1,549,768	)			(158,133	)			(3,035,341	)
Notes payable - short-term		$	580,755			$	961,380			$	28,751			$	1,570,886

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
Prior year reclassification from Line of Credit			-				-				407,174				(407,174	)			-
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

Summary of Outstanding Debt

		December 31, 2023
2024		$	1,570,886
2025			2,032,967
2026			457,784
2027			312,314
2028 and thereafter			232,276
Total debt			4,606,227
Less: notes payable - current portion			(1,570,886	)
Notes payable - long term portion		$	3,035,341

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