| Convertible Debt |
Description
|
| Interest Rate
|
| Maturity
|
| Stated Principal
|
| Unamortized
Debt Discount
|
| Carrying Amount
|
Convertible note payable – in default
|
| 18%
|
| July 2018
|
| $45,000
|
| $-
|
| $45,000
|
Series 2023 convertible notes
|
| 10%
|
| Jun–Oct. 2026
|
| 34,000
|
| -
|
| 34,000
|
Series 2025 convertible notes
|
| 10%
|
| Feb–Oct. 2028
|
| 434,100
|
| -
|
| 434,100
|
November 2025 convertible promissory note
|
| 15%
|
| Sept. 7, 2026
|
| 55,555
|
| (8,965)
|
| 46,590
|
Series 2026 convertible notes
|
| 10%
|
| Feb 2029
|
| 10,000
|
| (880)
|
| 9,120
|
Axiom note
|
| 15%
|
| March 2027
|
| 2,222,222
|
| (1,805,556)
|
| 416,666
|
Total convertible notes payable
|
|
|
|
|
| 2,800,877
|
| (1,815,401)
|
| 985,476
|
Less: current portion
|
|
|
|
|
| (2,356,777)
|
| 1,814,521
|
| (542,256)
|
Total convertible notes payable – long term
|
|
|
|
|
| $444,100
|
| $(880)
|
| $443,220
|
|
| Convertible Debt |
Description
|
| Interest Rate
|
| Maturity
|
| Stated
Principal
|
| Unamortized Debt Discount
|
| Carrying Amount
|
Convertible note payable – in default
|
| 18%
|
| July 2018
|
| $45,000
|
| $-
|
| $45,000
|
November 2025 convertible promissory note
|
| 15%
|
| Sept. 7, 2026
|
| 55,555
|
| (32,483)
|
| 23,072
|
Series 2023 convertible notes
|
| 10%
|
| Jun–Oct. 2026
|
| 34,000
|
| -
|
| 34,000
|
Series 2025 convertible notes
|
| 10%
|
| Feb–Oct. 2028
|
| 434,100
|
| -
|
| 434,100
|
Total convertible notes payable
|
| 568,655
|
| (32,483)
|
| 536,172
|
Less: current portion
|
| (134,555)
|
| 32,483
|
| (102,072)
|
Total convertible notes payable – long term
|
| $434,100
|
| $-
|
| $434,100
|
|