Notes payable (Tables)

9 Months Ended

Sep. 30, 2022

Notes payable

Summary Of Notes Payable

	September 30, 2022			December 31, 2021
Paycheck Protection Program loan issued February 10, 2021	$	-		$	2,000,000
Notes payable issued May 19, 2021 (8% interest)		11,860,055			11,860,055
Notes payable issued December 17, 2021 (7.5% interest)		15,925,926			15,925,926
Total face value		27,785,981			29,785,981
Less: unamortized discount		(5,037,990	)		(3,698,458	)
Total carrying value	$	22,747,991		$	26,087,523

Interest Expense And Amortisation Debt Discount

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Interest expense	$	484,642	$	209,160	$	1,453,926	$	278,114
Amortization of debt discount		494,561		252,039		2,547,207		252,039
Total	$	979,203	$	461,199	$	4,001,133	$	530,153