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Subsequent Events (Details Narrative) - Subsequent Event - SBA's Payroll Protection Program
Apr. 02, 2021
USD ($)
Subsequent Event [Line Items]  
Proceeds received through a loan funded under the PPP, description During fiscal 2021, we entered into a loan transaction pursuant to which we received proceeds of $1,001,640 (the “PPP Loan”) under the Paycheck Protection Program (“PPP”). The PPP, established as part of the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”), provides for loans to qualifying companies and is administered by the U.S. Small Business Administration (the “SBA”). The Note had a two-year term, accrued interest at the rate of 1.0% per annum, and was prepayable at any time without payment of any premium. No payments of principal or interest were due during the six-month period beginning on the date of the Note (the “Deferral Period”). Beginning on the seventh month following the date of the Note, we were required to make 18 monthly payments of principal and interest in the amount of $56,370. The Company applied for forgiveness of the PPP Loan in December 2020.
Forgiveness of debt $ 1,001,640