XML 82 R72.htm IDEA: XBRL DOCUMENT v3.23.1
Notes Payable - Related Party (Details) - Schedule of Notes Payable
12 Months Ended
Dec. 31, 2021
USD ($)
Notes Payable - Related Party (Details) - Schedule of Notes Payable [Line Items]  
Notes payable - related party $ 7,000,000
Unpaid Principal Amount $ 7,000,000
4.00% due December 30, 2022 [Member]  
Notes Payable - Related Party (Details) - Schedule of Notes Payable [Line Items]  
Issuance Date Dec. 30, 2021 [1]
Notes payable - related party $ 2,000,000
Unpaid Principal Amount $ 2,000,000
4.00% due June 30, 2022 [Member]  
Notes Payable - Related Party (Details) - Schedule of Notes Payable [Line Items]  
Issuance Date Dec. 31, 2021 [1]
Notes payable - related party $ 2,000,000 [1]
Unpaid Principal Amount $ 2,000,000
4.00% due November 30, 2022 [Member]  
Notes Payable - Related Party (Details) - Schedule of Notes Payable [Line Items]  
Issuance Date Nov. 30, 2020 [2]
Notes payable - related party $ 3,000,000 [2]
Unpaid Principal Amount $ 3,000,000 [2]
[1] On March 31, 2022, $2,880,000 in aggregate of notes payable to Gloria E. Gebbia was exchanged for 24% ownership interest in RISE. During the year ended December 31, 2022, the Company paid the remainder of these notes payable.
[2] This note payable is subordinated to MSCO and is subordinated to the claims of general creditors, approved by FINRA, and is included in MSCO’s calculation of net capital and the capital requirements under FINRA and SEC regulations. On August 17, 2021, this note payable was renewed with a maturity of November 30, 2022.