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DEBT DISCOUNTS
3 Months Ended
Mar. 31, 2022
Debt Discounts  
DEBT DISCOUNTS

NOTE 10 – DEBT DISCOUNTS

 

As of March 31, 2022 and December 31, 2021, the Company had debt discounts of $354,000 and $397,000 respectively. For the three months ended March 31, 2022, there was $43,000 in amortization of debt discounts. For the year ended December 31, 2021, there was $132,000 in amortization of debt discounts. As of March 31, 2022 and December 31, 2021, there were outstanding long term convertible notes payable of $1,193,000 and $683,000 respectively, these numbers are netted against their respective debt discounts and are represented as $839,000 and $286,000 as of March 31, 2022 and December 31, 2021, respectively.