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LOANS PAYABLE (Tables)

12 Months Ended

Dec. 31, 2021

LOANS PAYABLE (Tables)

Schedule of loans payable

		December 31, 2021				December 31, 2020
Term loans		$	50,431			$	77,040
Paycheck Protection Program Loan			-				24,750
Promissory notes payable			4,299,831				-
Total loans payable			4,350,262				101,790
Less current portion			(1,712,387	)			(28,249	)
Non-current portion		$	2,637,875			$	73,541

Schedule of future principal payments under the term notes

Year Ending December 31,		Amount
2022		$	1,712,387
2023			2,180,090
2024			457,785
Total minimum principal payments		$	4,350,262

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- References

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

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- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601

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