Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

CONVERTIBLE DEBT OBLIGATIONS (Tables)

v3.22.1
CONVERTIBLE DEBT OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2021
CONVERTIBLE DEBT OBLIGATIONS  
Summary of convertible debt obligations

As of December 31, 2021 and 2020, the Company’s convertible obligations consisted of the following:

    

As of December 31,

2021

2020

Convertible debt obligations, beg, gross

$

1,531,639

$

1,918,340

Converted to equity

 

(257,629)

 

(386,701)

Deferred debt discount

 

 

Convertible debt obligations, end, net

$

1,274,010

$

1,531,639

Convertible debt obligations, current portion

$

507,765

$

1,531,639

Convertible debt obligations, non-current portion

$

766,245

$

1,531,639