Convertible Notes (Details) - USD ($) |
9 Months Ended | 12 Months Ended |
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Sep. 30, 2020 |
Dec. 31, 2019 |
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Short-term Debt [Line Items] | ||
Beginning Balance | $ 550,000 | |
Convertible notes payable, net | 347,000 | $ 550,000 |
Convertible Notes Payable [Member] | ||
Short-term Debt [Line Items] | ||
Beginning Balance | 550,000 | 432,000 |
Proceeds from the issuance of convertible notes, net of issuance discounts | ||
Repayments | ||
Conversion of notes payable into common stock | (152,000) | (100,000) |
Amortization of discounts | 62,000 | |
Liquidated damages | (53,000) | 134,000 |
Accrued Interest | 2,000 | 22,000 |
Convertible notes payable, net | 491,000 | 550,000 |
Convertible notes, short term | 189,000 | 340,000 |
Accrued interest and damages, short term | 158,000 | 210,000 |
Debt discounts, short term | ||
Short-term convertible notes payable, net | $ 347,000 | $ 550,000 |
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- Definition The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called accretion if the security was purchased at a discount and amortization if it was purchased at premium. As a noncash item, this element is an adjustment to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Increase for accrued, but unpaid interest on the debt instrument for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow from the repayment of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Details
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