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NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2024

NOTES PAYABLE

Summary of roll forward of the third party Debt

June 30, 2024		Trade Facility				Third Party				COVID Loans				Total
Beginning balance, December 31, 2023		$	1,908,195			$	2,511,148			$	186,884			$	4,606,227
Proceeds
Payments			(240,998	)			(293,229	)			(7,145	)			(541,372	)
Conversion of debt			-				-				-				-
Recapitalized upon debt modification			-				-				-				-
Accretion of debt and debt discount			-				-				-				-
Foreign currency translation			(60,548	)			(62,972	)			(9,129	)			(132,649	)
Ending balance, June 30, 2024			1,606,649				2,154,947				170,610				3,932,206
Notes payable - long-term			(1,124,655	)			(1,125,866	)			(140,909	)			(2,391,430	)
Notes payable - short-term		$	481,994			$	1,029,081			$	29,701			$	1,540,776

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	)			(159,344	)			(3,036,552	)
Notes payable - short-term		$	580,755			$	961,380			$	27,540			$	1,569,675

Summary of Outstanding Debt

Our outstanding debt as of June 30, 2024 is repayable as follows:
		June 30, 2024
2025		$	1,540,776
2026			1,657,806
2027			376,470
2028			267,722
2029 and thereafter			89,432
Total debt			3,932,206
Less: notes payable - current portion			(1,540,776	)
Notes payable - long term portion		$	2,391,430