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CONVERTIBLE PROMISSORY NOTES AND WARRANTS (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2022
Debt Disclosure [Abstract]    
SCHEDULE OF CONVERTIBLE NOTES

As of September 30, 2022 and December 31, 2021, the Company had the following convertible notes, net of debt discount outstanding:

 

     
Convertible Notes, Net of Debt Discount    
Balance, December 31, 2021  $26,065 
Convertible notes issued - new securities   7,315,138 
Issuance costs   (535,717)
Debt discount   (6,779,421)
Debt accretion   1,622,730 
Balance, September 30, 2022  $1,648,795 

During the year ended December 31, 2021, the Company recognized interest and accretion expense of $116,676 (2020 - $Nil) in the consolidated statements of operations.

 

   December 31, 2021  

December 31, 2020

 
Convertible notes issued - original securities  $1,174,945   $         - 
Issuance costs   (105,745)   - 
Debt discount   (964,153)   - 
Debt accretion   90,611    - 
Extinguishment of debt in connection with December 2021 Exchange Agreements   (195,658)   - 
Convertible notes issued - new securities, outstanding at December 31, 2021   7,456,039    - 
Issuance costs   (671,044)     
Debt discount   (6,784,995)   - 
Debt accretion   26,065    - 
Convertible notes, net of debt discount  $26,065   $- 
SCHEDULE OF CONVERTIBLE NOTES NET OF DEBT DISCOUNT

 

   September 30, 2022   December 31, 2021 
Convertible notes - total principal  $14,771,177   $7,482,104 
Unamortized issuance costs and discount   (13,122,382)   (7,456,039)
Convertible notes, net of debt discount  $1,648,795   $26,065