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Notes Payable, Related Party
3 Months Ended
Mar. 31, 2023
Notes Payable, Related Party Disclosure [Abstract]  
Notes payable, related party

12. Notes payable, related party

 

As of March 31, 2023 and December 31, 2022, the balance of the notes payable, related party was $200. The notes are outlined in the following table:

 

   March 31,   December 31, 
   2023   2022 
Notes payable, related party        
$10,100, issued December 10, 2020, no coupon, due on demand  $200   $200 
Total long-term notes payable, related party  $200   $200 

 

On July 1, 2022, the Company entered into an agreement whereby the Company agreed to issue 362,000 shares of common stock in satisfaction of $25,000 in notes payable, related party and $296,839 in accounts payable, related party. As a result of this transaction, the Company recorded loss on extinguishment in the amount of $218,238.