Note Payable (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Notes payable

Notes payable at December 31, 2020 and December 31, 2019 consist of the following:

	December 31,			December 31,
	2020			2019
RWJ acquisition note	$	2,600,000		$	2,600,000
Promissory note to Iliad		-			2,325,000
Promissory note to Stanley Hills		-			1,046,261
SBA loan		150,000			-
Promissory note to Alpha Eda		140,000			-
Total notes payable		2,890,000			5,971,261
Unamortized debt discount		-			(47,671	)
Notes payable		2,890,000			5,923,590
Less current portion		(2,741,737	)		-
Notes payable, long-term portion	$	148,263		$	5,923,590

Rollfoward of note payable

A roll-forward of the promissory notes and debt discount from December 31, 2018 to December 31, 2020 is below:

	Principal			Debt
	Balance			Discount			Net
Notes payable, December 31, 2018	$	2,699,256		$	—		$	2,699,256
Issued for cash		3,071,261			—			3,071,261
Original issue discount		300,000			—			300,000
Repayment of note payable		(99,256	)		—			(99,256	)
Debt discount related to new convertible notes		—			(300,000	)		(300,000	)
Amortization of debt discounts		—			252,329			252,329
Notes payable, December 31, 2019		5,971,261			(47,671	)		5,923,590
Issued for cash		458,639			—			458,639
Accrued interest and penalties added to notes payable		440,983			—			440,983
Notes payable converted to convertible notes		(3,980,883	)		—			(3,980,883	)
Amortization of debt discounts		—			47,671			47,671
Notes payable, December 31, 2020	$	2,890,000		$	—		$	2,890,000