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Related Party (Tables)
12 Months Ended
Dec. 31, 2022
Related Party  
Schedule of Unsecured notes payable

 

 

December 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Unsecured note payable

 

$13,154,931

 

 

$13,154,931

 

 

 

 

 

 

 

 

 

 

Less fair value adjustment on extinguishment, net of amortized discount of $230,868

 

 

(3,491,875 )

 

 

-

 

 

 

 

 

 

 

 

 

 

Less discounts and debt issuance costs

 

 

-

 

 

 

(1,283,677 )

 

 

 

 

 

 

 

 

 

Total unsecured note payable

 

 

9,663,056

 

 

 

11,871,254

 

 

 

 

 

 

 

 

 

 

Less current portion

 

 

-

 

 

 

(11,871,254 )

 

 

 

 

 

 

 

 

 

Unsecured note payable, net of current portion

 

$9,663,056

 

 

$-

 

Schedule of profit share liabilities

Profit Share as of January 1, 2022

 

$2,836,743

 

Addition

 

 

147,575

 

Loss on change in fair value of profit share

 

 

653,942

Profit Share as of December 31, 2022

 

$3,638,260

 

 

Profit Share as of January 1, 2021

 

$2,305,308

 

Addition

 

 

-

 

Loss on change in fair value of profit share

 

 

531,435

 

Profit Share as of December 31, 2021

 

$2,836,743