Convertible promissory note, opening balance

$

1,350

$

1,300

Less debt discount, opening

—

Plus, accretion of debt discount, interest expense

—

Convertible promissory note, net of discount

1,350

1,300

Interest accretion, opening

—

Interest accrual, expense

50

Convertible promissory note, ending balance

$

1,400

$

1,350