NOTES PAYABLE (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

SCHEDULE OF NOTES PAYABLE

The net carrying amounts of the liability components consists of the following:

	March 31, 2021			December 31, 2020
Principal	$	20,000,000		$	20,000,000
Less: debt discount		(2,262,388	)		(2,262,388	)
Accretion of Debt Discount		461,677			291,393
Net Carrying amount	$	18,199,289		$	18,029,005

SCHEDULE OF PRINCIPAL MATURITIES ON LONG TERM DEBT

The following table summarizes the future principal payments due under long-term debt;

	Principal Payments and final payment on Loan Agreement
Remaining 2021	$	-
2022		3,093,344
2023		9,835,341
2024		8,261,315
Total	$	21,190,000