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Gain on Early Extinguishment of Debt
12 Months Ended
Dec. 31, 2022
Gain On Early Extinguishment Of Debt  
Gain on Early Extinguishment of Debt

Note 16 – Gain on Early Extinguishment of Debt

 

During the year ended December 31, 2021, the Company recognized a gain on early extinguishment of debt of $113,772, consisting of the forgiveness of $112,925 of principal and $847 of interest, on our PPP loan pursuant to Payroll Protection Program established as part of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”).