XML 35 R25.htm IDEA: XBRL DOCUMENT v3.23.2
Debt (Tables)
6 Months Ended
Jun. 30, 2023
Debt  
Debt Assumptions

Assumptions

4/19/2023

6/30/2023

Stock price

$

1.72

$

0.70

Volatility

75.20%

94.00%

Discount rate

16.28%

13.75%

Risk-free rate

4.27%

5.00%

Conversion price range

$2.00 - $3.78

$2.00 - $3.78

Schedule of annual principle and interest payments due

Year

    

Principal

    

Interest

    

Total

2023

$

$

191,445

$

191,445

2024

 

2,250,000

 

206,761

 

2,456,761

2025

 

750,000

 

16,012

 

766,012

Total

$

3,000,000

$

414,218

$

3,414,218