CONVERTIBLE DEBENTURES, NOTES AND OTHER DEBT (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

SCHEDULE OF CONVERTIBLE DEBENTURES AND NOTES, NET OF DISCOUNT

As of December 31, 2024, special purchase agreements (SPAs) with convertible debentures and notes, net of debt discount and including accrued interest, if any, consist of the following amounts:

	December 31, 2024		December 31, 2023
Current Debt
Convertible debentures
10% Convertible note payable, due April 23, 2022 – Bridge Investor	$	35,556	$	35,556
10% Convertible note payable, due April 23, 2022 – Related Party		164,444		164,444
10% Convertible note payable, due August 6, 2022 – Bridge Investor		200,000		200,000
		400,000		400,000
Fall 2019 Notes
5% Convertible note payable – Stephen Boesch		133,958		128,958
5% Convertible note payable – Related Party		313,733		301,233
5% Convertible note payable – Dr. Sanjay Jha (Through his family trust)		313,253		300,753
5% Convertible note payable – CEO & CFO – Related Parties		102,659		98,559
5% Convertible note payable – Bridge Investors		210,322		201,922
		1,073,925		1,031,425
August 2021 Convertible Notes
5% Convertible note – Autotelic Inc– Related Party		292,552		280,052
5% Convertible note – Bridge investors		437,075		418,399
5% Convertible note – CFO – Related Party		87,770		84,018
		817,397		782,469
JH Darbie PPM Debt
16% Convertible Notes – Non-related parties		-		311,693
November/December 2021 & March 2022 Notes
16% Convertible Notes – Accredited Investors		233,687		233,392
Debt for Clinical Trials – Forever Prosperity ( Formerly GMP)
2% Convertible Notes – Forever Prosperity		4,840,247		4,750,000
May and June 2022 Note
16% Convertible Notes – Accredited Investors		993,130		1,401,284
JH Darbie PPM 2 Debt
16% Convertible Notes - Non-related parties		2,183,638		-
16% Convertible Notes – CEO – Related Party		125,000		-
		2,308,638		-
Other Debt
Short term debt – Bridge investors		210,000		210,000
Short term debt from CFO – Related Party		76,050		35,050
Short term debt – Autotelic Inc. – Related Party		2,085,000		1,470,000
Short Term Debt from CEO – Related Party		50,000		50,000
		2,421,050		1,765,050
Total of short term convertible debentures & notes and other debt	$	13,088,074		10,675,313

	December 31, 2024		December 31, 2023
Long Term Debt
JH Darbie PPM 2 Debt
16% Convertible Notes - Non-related parties		-		1,773,468
16% Convertible Notes – CEO – Related Party		-		125,000
		-		1,898,468

SCHEDULE OF CONVERTIBLE NOTES, NET OF DISCOUNT

As of December 31, 2024 and 2023, the August 2021 convertible notes, net of debt discount, consist of the following amounts:

	December 31,		December 31,
	2024		2023
Autotelic Related party convertible note, 5% coupon December 2024	$	292,552	$	280,052
CFO Related party convertible note, 5% coupon December 2024		87,770		84,018
Accredited investors convertible note, 5% coupon December 2024		437,075		418,399
	$	817,397	$	782,469

 

As of December 31, 2024, and December 31, 2023, the Fourth Man convertible note, net of debt discount, consist of the following amounts:

	December 31, 2024		December 31, 2023
Fourth Man Convertible note, 16% coupon March 2023 inclusive of accrued interest and default provision	$	233,687	$	233,392
Unamortized debt discount		-		-
Convertible notes, net	$	233,687		233,392

  

As of December 31, 2024, and December 31, 2023, convertible note under the May 2022 Mast Financing, net of debt discount, consist of the following amounts:

	December 31, 2024		December 31, 2023
Mast Hill Convertible note, 12% coupon May 2025, inclusive of accrued interest and penalty	$	993,130	$	905,484
Convertible notes, net	$	993,130	$	905,484

  

As of December 31, 2024 and 2023, convertible note under the June 2022 Blue Lake Financing, net of debt discount, consist of the following amounts:

	December 31, 2024		December 31, 2023
Blue Lake Convertible note, 16% coupon June 2023, inclusive of accrued interest	$	-	$	495,800
Convertible notes, net	$	-	$	495,800

 

SCHEDULE OF SHORT-TERM LOANS

As of December 31, 2024, other short-term advances consist of the following amounts obtained from various employees and related parties:

Other Advances	December 31, 2024		December 31, 2023
Short term advance from CFO – Related Party	$	76,050	$	35,050
Short term advance from CEO – Related Party		50,000		50,000
Short term advances – bridge investors & others		210,000		210,000
Short term advances – Autotelic Inc. – Related Party		2,085,000		1,470,000
	$	2,421,050	$	1,765,050