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NOTE 6 - NOTES PAYABLE: Schedule of Debt (Tables)
Jun. 30, 2023
March 31, 2023  
Schedule of Debt

 

Note

 

Issuance Date

 

Maturity Date

 

Interest Rate

 

Original Principal Amount

 

Balance at June 30, 2023

 

Balance at December 31, 2022

Unsecured debt B

 

February 22, 2022

 

February 15, 2023

 

10%

$

 200,000

$

              -   

$

          75,370

Secured debt C

 

October 7, 2022

 

October 7, 2023

 

12.99%

 

 200,000

 

              -   

 

        200,000

Unsecured debt D

 

March 20, 2023

 

August 17, 2024

 

10%

 

 330,000

 

   306,641

 

                    -   

Secured debt E

 

May 19, 2023

 

May 18, 2024

 

12.99%

 

 131,000

 

   120,718

 

                    -   

Total notes payable

 

 

 

 

 

 

$

 861,000

$

   427,359

 

$       275,370

Debt discount and deferred financing costs

 

 

 

 

 

 

 

             -   

 

              -   

 

                    -   

Total notes payable, net

 

 

 

 

 

 

$

861,000

$

   427,359

 

$       275,370

December 31, 2022  
Schedule of Debt

 

 

 

 

 

 

 

 

 

Original

 

Balance at

 

Balance at

 

 

 

 

 

 

 

 

Principal

 

December 31,

 

December 31,

Note

 

Issuance Date

 

Maturity Date

 

Interest Rate

 

Amount

 

2022

 

2021

Unsecured debt B

 

February 22, 2022

 

April 25, 2022

 

10%

 

200,000 

 

75,370 

 

- 

Secured debt C

 

October 7, 2022

 

October 7, 2023

 

12.99%

 

200,000 

 

200,000 

 

- 

Total notes payable

 

 

 

 

 

 

 

$400,000 

 

$275,370 

 

$- 

Debt discount and deferred financing costs

 

 

 

 

 

 

 

- 

 

- 

 

- 

Total notes payable, net

 

 

 

 

 

 

 

$400,000 

 

$275,370 

 

$-