Convertible Notes Payable (Details Narrative) - USD ($) |
1 Months Ended | 12 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2020 |
Feb. 29, 2020 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
Original issue discount | $ 1,841,388 | $ 417,001 | ||
Gain on convertible notes | $ 40,133 | $ 95,888 | 394,924 | |
Interest charges incurred | 190,268 | 147,605 | ||
Convertible Note Payable [Member] | ||||
Original issue discount | 1,169,372 | |||
Interest expense | 1,363,316 | 121,964 | ||
Accumulated amortization | 802,313 | |||
Interest charges incurred | 142,227 | 17,877 | ||
Interest accrued and payable | $ 67,648 | $ 13,114 |
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- Definition Amount of accumulated amortization of debt issuance costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense incurred on a debt or other obligation to related party. No definition available.
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- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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