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Note - 4 Related Party Transactions (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Related Party Transactions [Table Text Block]
 

Maturity

Date

 

Stated

Interest

Rate

   

Conversion

Price

   

Face

Value

   

Debt

Discount

   

Carrying

Value

 

March 31, 2024

12/31/24

    22 %   $ 0.38     $ 6,000,000     $ (1,794,000 )   $ 4,206,000  

December 31, 2023

12/31/23

    22 %   $ 0.79     $ 7,278,000     $ -     $ 7,278,000  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
   

January

2024

 

Conversion price before

  $ 0.79  

Conversion price after

  $ 0.38  

Term (years)

    0.94  

Volatility

    122.7 %

Dividend rate

    0 %

Risk free rate

    4.38 %