XML 61 R51.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($)
 1 Months Ended 3 Months Ended 6 Months Ended
Jul. 02, 2021
May 28, 2021
Feb. 28, 2021
Jan. 31, 2021
Dec. 31, 2020
Nov. 23, 2020
May 28, 2020
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Dec. 13, 2021
Jul. 31, 2021
Unamortized Debt Cost         $ 1,299,677           $ 0   $ 679,276
Amortization Of Debt Cost               $ 447,933   $ 799,140      
Proceeds From Offering                 $ 3,380,362 0      
Warrant Exercisable Per Share (in Dollars Per Share)                 $ 0.01        
Original Issue Discount                 $ 0 342,554      
Debt discount                 $ 0 2,486,111      
November 2020 Convertible Promissory Note                          
Convertible Promissory Notes, Outstanding     $ 250,000                    
Note Converted Into New Debenture     250,000                    
Accrued Interest     2,430                    
Conversion Of Convertible Notes, Debentures Issued, Amount     $ 283,984                    
Original Issue Discount Rate     12.50%           12.50%        
Common Stock Purchase Warrants (in Shares)     70,996                    
Original Issue Discount Deducted     $ 31,554                    
2021 Debentures                          
Unamortized Debt Cost       $ 1,254,779             0   679,276
Amortization Of Debt Cost               447,933   799,140      
Commissions Costs And Fees       $ 334,800                  
Conversion Price       $ 4.0                  
Fair Value Of Placement Agent Warrants At Time Of Issue       $ 919,979                  
2021 Debentures | Securities Purchase Agreement                          
Original Issue Discount Rate       12.50%                  
Common Stock Purchase Warrants (in Shares)       699,750                  
Debentures Issued, Amount       $ 2,799,000                  
Warrants Coverage Percentage       100.00%                  
Proceeds From Offering       $ 2,488,000                  
Warrant Exercisable Per Share (in Dollars Per Share)       $ 5.00         $ 5.00        
Commissions Costs And Fees       $ 241,270                  
Legal Fees Aggregate Amount       $ 7,500                  
Debentures Bears Interest Rate       8.00%                  
Debenture Mandatory Conversion, Description       The Debentures were subject to mandatory conversion in the event we closed an equity offering of at least $5,000,000 resulting in the listing of our common stock on a national securities exchange.                  
Warrant Issued Reduced 36,364                        
Excercise Price Increase $ 6.25                        
Additional Compensation Shares       139,950                  
Conversion Price       $ 4.00                  
Amount Due Under Event Of Default, Percentage                 130.00%        
Debentures Maturity Date       January 2022                  
Debentures Issuance Costs       $ 93,530                  
Debentures Mandatory Conversion - Equity Offering       $ 5,000,000                  
2021 Debentures | February 2021 Promissory Note                          
Note Converted Into New Debenture     250,000           $ 250,000        
Accrued Interest     $ 2,430               2,430    
Original Issue Discount Rate                 12.50%        
Common Stock Purchase Warrants (in Shares)                 70,996        
Original Issue Discount Deducted                     31,554    
2021 Debentures | February 2021 Note Exchange                          
Amortization Of Debt Cost               447,933 $ 0 799,140      
Original Issue Discount                 342,554        
Debt Discount Related To The Sale Of The Debentures                     $ 1,796,651    
Unamortized Debt Discount                       $ 0 $ 987,666
Discount Related To Fair Value Of Warrants                 $ 1,454,097        
2021 Debentures | Senior Subordinated Secured Convertible Debentures                          
Original Issue Discount Rate       12.50%                  
Aggregate Principal Amount       $ 2,953,125                  
Outstanding Seinor Indebtedness       $ 95,000                  
2020 Debentures | Securities Purchase Agreement                          
Unamortized Debt Cost         1,299,677                
Amortization Of Debt Cost         25,956     $ 419,670   $ 786,029      
Accrued Interest         4,400                
Original Issue Discount Rate             12.50%            
Common Stock Purchase Warrants (in Shares)             738,282            
Original Issue Discount Deducted             $ 328,125            
Aggregate Principal Amount         $ 91,600 $ 5,000,000              
Notes converted into shares of common stock         24,000                
Convertible promissory note issued           250,000              
Penalty incurred included in interest expense   $ 253,767                      
Debentures Issued, Amount             2,953,125            
Placement agent's commission and fees             $ 295,000            
Warrants Coverage Percentage             100.00%            
Proceeds From Offering           $ 250,000 $ 2,226,000            
Warrant Exercisable Per Share (in Dollars Per Share)   $ 5.00         $ 5.00            
Commissions Costs And Fees         $ 366,500                
Legal Fees Aggregate Amount             $ 100,000            
Escrow agent fees             $ 4,000            
Debentures Bears Interest Rate   8.00%       5.00%              
Debenture Mandatory Conversion, Description   The Debentures are subject to mandatory conversion in the event the Company closes an equity offering of at least $5,000,000 resulting in the listing of the Company’s common stock on a national securities exchange.                      
Warrant Issued Reduced             36,364            
Excercise Price Increase             $ 6.25            
Additional Compensation Shares             147,657            
Conversion Price   $ 4.00                      
Amount Due Under Event Of Default, Percentage   130.00%                      
Fair Value Of Placement Agent Warrants At Time Of Issue         933,177                
Fair value of warrants issued with debt         1,325,323                
Original Issue Discount         328,125                
Debt discount         13,647                
Debt Discount Related To The Sale Of The Debentures         $ 1,653,448                
2020 Debentures | Senior Subordinated Secured Convertible Debentures                          
Outstanding Seinor Indebtedness   $ 508,000