| SCHEDULE OF OUTSTANDING DEBT INSTRUMENTS |
The
table below presents outstanding debt instruments as of April 30, 2024 and October 31, 2023:
SCHEDULE OF OUTSTANDING DEBT INSTRUMENTS
| | |
April 30, 2024 | | |
October 31, 2023 | |
| | |
| | |
| |
| Short Term | |
| | | |
| | |
| 2021 Series convertible notes – related party | |
$ | 480,000 | | |
$ | 480,000 | |
| 2024 Series Senior Secured convertible notes | |
| 3,968,750 | | |
| - | |
| Discount 2024 Series Senior Secured convertible notes | |
| (1,537,682 | ) | |
| - | |
| Total Short-Term Debt | |
| 2,911,068 | | |
| 480,000 | |
| Long Term | |
| | | |
| | |
| Unsecured 6% note payable – related party | |
$ | 767,288 | | |
$ | 767,288 | |
| Unsecured 4% note payable – related party | |
| 1,221,958 | | |
| 1,221,958 | |
| 2022 Series convertible notes | |
| 200,000 | | |
| 200,000 | |
| 2023 Series convertible notes – stock settled | |
| 405,000 | | |
| 405,000 | |
| Discount 2023 Series convertible notes | |
| (58,317 | ) | |
| (64,285 | ) |
| 2023 Series B convertible notes – stock settled | |
| 1,312,600 | | |
| 1,312,600 | |
| Discount 2023 Series B convertible notes | |
| (853,035 | ) | |
| (891,582 | ) |
| Total Long-Term Debt | |
| 2,995,494 | | |
| 2,950,979 | |
| Total Debt | |
$ | 5,906,562 | | |
$ | 3,430,979 | |
|
| SCHEDULE OF FUTURE MATURITIES OUTSTANDING DEBT OBLIGATIONS |
The
table below presents the future maturities of outstanding debt obligations as of April 30, 2024:
SCHEDULE OF FUTURE MATURITIES OUTSTANDING DEBT OBLIGATIONS
| | |
| | |
| Fiscal year 2024 | |
$ | 4,448,750 | |
| Fiscal year 2025 | |
| - | |
| Fiscal year 2026 | |
| 1,989,246 | |
| Fiscal year 2027 | |
| 200,000 | |
| Fiscal year 2028 | |
| 1,717,600 | |
| Total | |
$ | 8,355,596 | |
|