Annual report pursuant to Section 13 and 15(d)

Notes Payable (Tables)

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Notes Payable (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Notes Payable
Notes payable consisted of the following:
December 31,
2023
December 31,
2022
Convertible secured debentures $ 36,530,320  $ 36,530,320 
Convertible senior secured term loan 12,295,000 
Total 48,825,320  36,530,320 
Less: debt discount, net (16,593,357) (20,608,202)
Less: capitalized debt issuance costs (661,922)
Senior bridge note exit fee provision 27,608 
Total notes payable – long-term $ 31,597,649  $ 15,922,118