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Deferred Compensation
3 Months Ended
Mar. 31, 2021
Compensation Related Costs [Abstract]  
DEFERRED COMPENSATION

NOTE 4 – DEFERRED COMPENSATION


On May 24, 2019, the company entered into the APA with AOS to acquire certain assets. As consideration for the APA, the company entered into a promissory note issued to the shareholders of AOS for $2,500,000. The company also recorded a debt discount, which is reported on the balance sheet as deferred compensation, in the amount of $2,500,000 in relation to the transaction which is being amortized over the life of the loan as compensation expense. The amortization of deferred compensation for the three months ended March 31, 2021 and 2020 was $208,335 and $208,333, respectively.