Notes Payable (Tables)

9 Months Ended

Sep. 30, 2022

Notes Payable [Abstract]

Schedule of notes payable

The Company entered into notes payable as follows as of September 30, 2022 (unaudited) and December 31, 2021:

	September 30, 2022 (unaudited)			December  31, 2021
Note payable at 7% originally due November 2023, now maturing September 30, 2024 (a)	$	5,600,000		$	5,600,000
Note payable at 10% interest dated February 28, 2022 and matures the earlier of (i) September 30, 2024 or (ii) the acceleration of the obligations as contemplated under the promissory note including the successful completion of an equity offering of at least $15,000,000 (b)		500,000			-
Convertible note payable, convertible at $1.60 per share, at 7%, maturing April 4, 2023 (c)		1,050,000			-
Term note payable, at prime plus 3% interest, applied on a deferred basis (7.75% at September 30, 2022 and 6.25% at December 31, 2021) maturing August 11, 2024		2,644,280			3,588,374
					0
Total Notes Payable		9,794,380			9,188,374
Less: Debt Discount		(1,321,959	)		(796,565	)
	$	8,472,421		$	8,391,809

Schedule of repayment, net of discounts

The note payable repayment schedule, net of discounts for the next three years as of September 30 is as follows:

September 30, 2023	$	1,960,121
September 30, 2024		6,512,300
Total	$	8,472,421