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NOTES PAYABLE (Tables)
12 Months Ended
Dec. 31, 2021
NOTES PAYABLE (Tables)  
Schedule of Debt Notes Payable

Balance as of December 31, 2020

 

$28,458

 

Issuances of principal, net

 

 

976,708

 

Issued as consideration in TopPop acquisition

 

 

5,042,467

 

Notes payable assumed in TopPop acquisition

 

 

5,927,380

 

Payments on principal

 

 

(2,315,380)

Settled with issuance of common stock

 

 

(4,438,708)

PPP Forgiveness

 

 

(28,458)

 Balance as of December 31, 2021

 

$5,192,467

 

Schedule of Future Payments on Principal of Notes Payable

The future payments on principal of notes payable are as follows:

 

Amount

 

Year ending December 31, 2022

 

$5,045,466

 

Year ending December 31, 2023

 

 

3,114

 

Year ending December 31, 2024

 

 

3,233

 

Year ending December 31, 2025

 

 

3,356

 

Year ending December 31, 2026

 

 

3,484

 

Thereafter

 

 

133,814

 

Total

 

$5,192,467