XML 31 R22.htm IDEA: XBRL DOCUMENT v3.23.2
LOANS PAYABLE (Tables)
6 Months Ended
Jun. 30, 2023
LOANS PAYABLE  
Schedule Of Loans Payable

 

 

June 30,

2023

 

 

December 31,

2022

 

Promissory notes

 

$5,978,432

 

 

$6,153,272

 

Factoring arrangement

 

 

-

 

 

281,277

 

Total loans payable

 

 

5,978,432

 

 

 

6,434,549

 

Less: Unamortized debt discount or debt issuance costs

 

 

(746,643 )

 

 

(1,473,351 )

Less current portion

 

 

(4,230,479 )

 

 

(3,700,855 )

Non-current portion

 

$1,001,310

 

 

$1,260,343

 

Schedule Of future principal payments

Year Ending December 31,

 

 

 

2023 (remainder of year)

 

$4,193,432

 

2024

 

 

516,000

 

2025

 

 

516,000

 

2026

 

 

516,000

 

2027

 

 

237,000

 

Total principal payments

 

$5,978,432