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Loans (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Schedule of outstanding loans |
|  | Maturity Date |  | Rate |  |  | Loan Balance |
Marshall |  | Feb-24 |  |  | 12.00 | % |  | $ | 10,207,500 |
Celsius |  | Aug-23 |  |  | 12.00 | % |  |  | 14,000,000 |
W Capital |  | Mar-23 |  |  | 12.00 | % |  |  | 3,373,878 |
Convertible notes |  | Jun-23 |  |  | 20.00 | % |  |  | 523,729 |
SBA loan |  | May-50 |  |  | 3.80 | % |  |  | 15,370 |
Total Loans Outstanding |  |  |  |  |  |  |  | $ | 28,120,477 |
Less: current portion of long-term loans |  |  |  |  |  |  |  |  | (23,610,583 | )
Long-term loans, excluding current portion |  |  |  |  |  |  |  | $ | 4,509,894 |
Schedule of loan maturities |
Outstanding Loan |  | FY 2023 |  |  | FY 2024 |  |  | Total |
Marshall |  | $ | 5,697,606 |  |  | $ | 4,509,894 |  |  | $ | 10,207,500 |
Celsius |  |  | 14,000,000 |  |  |  | - |  |  |  | 14,000,000 |
W Capital |  |  | 3,368,475 |  |  |  | - |  |  |  | 3,368,475 |
Convertible notes |  |  | 500,000 |  |  |  | - |  |  |  | 500,000 |
SBA loan |  |  | 14,000 |  |  |  | - |  |  |  | 14,000 |
Total principal amount of loan payments by fiscal year |  | $ | 23,580,081 |  |  | $ | 4,509,894 |  |  | $ | 28,089,975 |
Interest accrued to December 31,2022 |  |  |  |  |  |  |  |  |  | $ | 30,502 |
Total loan book value as of December 31, 2022 |  |  |  |  |  |  |  |  |  | $ | 28,120,477 |

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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. + Details
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