Quarterly report pursuant to Section 13 or 15(d)

Convertible Notes (Tables)

v3.19.3
Convertible Notes (Tables)
9 Months Ended
Sep. 30, 2019
Disclosure Convertible Notes Narrative Details Abstract  
Summary of Convertible Notes Payable

The following table summarized the Company's convertible notes payable as of September 30, 2019 and December 31, 2018:

    September 30, 2019   December 31, 2018
Beginning Balance   $ 432,000     $ —    
Proceeds from the issuance of convertible notes, net of issuance discounts     —         137,000  
Repayments     —         —    
Conversion of notes payable into common stock     (50,000 )     —    
Amortization of discounts     62,000       241,000  
Liquidated damages     78,000       25,000  
Accrued Interest     20,000       29,000  
Ending Balance   $ 542,000     $ 432,000  
                 
Convertible notes, short term   $ 390,000     $ 440,000  
Accrued interest and damages   $ 152,000     $ 54,000  
Debt discounts   $ —       $ 62,000