XML 37 R24.htm IDEA: XBRL DOCUMENT v3.22.4
SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2022
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 18 — SUBSEQUENT EVENTS

 

On January 17, 2023, the remaining balance of the notes receivable from the CExchange Transaction, of $578,250, was received. With the receipt of these funds, an additional amount of $94,115 was received, representing interest receivable on the notes. Interest receivable was written off against the reserve in Fiscal 2021. Since the interest receivable was written-off against the reserve in Fiscal 2021, they are to be recognized when they are received. Therefore, the additional interest received of $94,115 will be recognized in Fiscal 2023.