Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.20.1
Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Total Future Payments under Notes Payable and Related Party Notes Payable

Total future payments under notes payable and related-party notes payable as of March 31, 2020 are as follows:

 

 

Period Ending March 31,

 

Related

Parties

 

 

Third

Parties

 

 

Foreign

 

 

Total

 

 

Discount

 

2020

 

$

598,482

 

 

$

182,120

 

 

$

841,713

 

 

$

1,622,315

 

 

$

(30,079

)

2021

 

 

51,647

 

 

 

16,014

 

 

 

-

 

 

 

67,661

 

 

 

(1,253

)

Total minimum payments

 

 

650,129

 

 

 

198,134

 

 

 

841,713

 

 

 

1,689,976

 

 

 

(31,332

)

Current portion of notes payable

 

 

(598,482

)

 

 

(182,120

)

 

 

(841,713

)

 

 

(1,622,315

)

 

 

30,079

 

Notes payable, net of current portion

 

$

51,647

 

 

$

16,014

 

 

$

-

 

 

$

67,661

 

 

$

(1,253

)