NOTES PAYABLE (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|---|
Sep. 09, 2021 |
Jun. 30, 2022 |
Jun. 30, 2021 |
Jun. 30, 2022 |
Jun. 30, 2021 |
Dec. 31, 2021 |
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Interest expense | $ 86,821 | |||||
Notes payable, net of debt discounts | $ 221,480 | 221,480 | $ 221,480 | |||
Interest expense | 100,326 | $ 870 | 113,602 | $ 1,500 | ||
Third Party [Member] | ||||||
Notes payable, net of debt discounts | 21,480 | 21,480 | 21,480 | |||
Promissory note issued | $ 200,000 | |||||
Balance outstanding | 200,000 | $ 200,000 | ||||
Interest rate | 25.00% | |||||
Interest expense | $ 12,466 | $ 24,795 | ||||
Warrant issued | 48,309 | |||||
Warrant exercise price | $ 4.14 | |||||
Warrant term | 3 years |
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Average amount outstanding of long-term debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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