| Schedule of Net Carrying Amount of Convertible Note |
Net carrying amount of Convertible Notes dated
as of March 31, 2024 were as follows:
| |
|
Principal
outstanding |
|
|
Unamortized
issuance cost |
|
|
Net
carrying
value |
|
| |
|
|
|
|
|
|
|
|
|
| Convertible Note – 2022-2 (new) |
|
$ |
811,144 |
|
|
$ |
- |
|
|
$ |
811,144 |
|
| Convertible Note – 2023-2 |
|
|
531,667 |
|
|
|
(43,095 |
) |
|
|
488,572 |
|
| Convertible Note – 2024 |
|
|
531,667 |
|
|
|
(51,288 |
) |
|
|
480,379 |
|
| Total |
|
$ |
1,874,478 |
|
|
|
(94,383 |
) |
|
$ |
1,780,095 |
|
|
| Schedule of Amortization of Issuance Cost, Debt Discount and Interest Cost |
Amortization of issuance cost, debt discount and
interest cost for the year ended March 31, 2025 were as follows:
| | |
Accretion of debt
discount | | |
Convertible
note
interest | | |
Total | |
| | |
| | |
| | |
| |
| Convertible Note – 2022-2 (new) | |
$ | - | | |
$ | 19,586 | | |
$ | 19,586 | |
| Convertible Note – 2023-2 | |
| 39,632 | | |
| 15,880 | | |
| 55,512 | |
| Convertible Note – 2024 | |
| 47,972 | | |
| 23,956 | | |
| 71,928 | |
| Convertible Note – 2024-2 | |
| 65,169 | | |
| 33,768 | | |
| 98,937 | |
| Convertible Note – 2024-3 | |
| 368,014 | | |
| 13,048 | | |
| 381,063 | |
| Total | |
$ | 520,787 | | |
$ | 106,238 | | |
$ | 627,025 | |
Amortization of issuance cost, debt discount and
interest cost for the year ended March 31, 2024 were as follows:
| | |
Accretion of debt
discount | | |
Convertible
note
interest | | |
Total | |
| | |
| | |
| | |
| |
| Convertible Note – 2022-2 | |
$ | 163,967 | | |
$ | 71,388 | | |
$ | 235,355 | |
| Convertible Note – 2022-2 (new) | |
| - | | |
| 27,500 | | |
| 27,500 | |
| Convertible Note – 2023-1 | |
| 112,826 | | |
| 123,088 | | |
| 235,914 | |
| Convertible Note – 2023-2 | |
| 15,600 | | |
| 9,345 | | |
| 24,945 | |
| Convertible Note – 2024-1 | |
| 378 | | |
| 262 | | |
| 640 | |
| Total | |
$ | 292,771 | | |
$ | 231,583 | | |
$ | 524,354 | |
|