| Schedule of convertible notes payable |
| |
|
Principal $ |
|
|
Debt Discount $ |
|
|
Net Value $ |
|
| Balance at June 30, 2020 |
|
$ |
2,935,400 |
|
|
$ |
(605,211 |
) |
|
$ |
2,330,189 |
|
| Convertible notes payable issued during FISCAL YEAR ENDED June 30, 2021 |
|
|
822,800 |
|
|
|
|
|
|
|
822,800 |
|
| Notes converted into shares of common stock |
|
|
(1,433,000 |
) |
|
|
|
|
|
|
(1,433,000 |
) |
| Debt discount associated with new convertible notes |
|
|
|
|
|
|
(512,993 |
) |
|
|
(512,993 |
) |
| Amortization of debt discount |
|
|
|
|
|
|
814,769 |
|
|
|
814,769 |
|
| True-up adjustment in debt discount and derivative liability |
|
|
|
|
|
|
(37,360 |
) |
|
|
(37,360 |
) |
| Notes retired due to refinancing |
|
|
(2,325,200 |
) |
|
|
340,795 |
|
|
|
(1,984,405 |
) |
| Balance at June 30, 2021 |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Convertible notes payable issued during six months ended December 31, 2021 |
|
|
1,086,957 |
|
|
|
|
|
|
|
1,086,957 |
|
| Debt discount associated with new convertible notes |
|
|
|
|
|
|
1,018,229 |
|
|
|
1,018,229 |
|
| Amortization of debt discount |
|
|
|
|
|
|
(12,218 |
) |
|
|
(12,218 |
) |
| Balance at December 31, 2021 |
|
$ |
1,086,957 |
|
|
$ |
1,006,011 |
|
|
$ |
80,946 |
|
|