| Schedule of Advances on Future Receipts |
The Company has the following advances on future receipts
as of March 31, 2021:
| Note |
|
Issuance Date |
|
Maturity Date |
|
Interest Rate |
|
|
Original Borrowing |
|
|
Balance at March 31, 2021 |
|
|
Balance at December 31, 2020 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Note 1 |
|
June 30, 2020 |
|
February 25, 2021 |
|
|
108 |
% |
|
|
506,000 |
|
|
|
- |
|
|
|
89,000 |
|
| Note 2 |
|
June 30, 2020 |
|
February 25, 2021 |
|
|
108 |
% |
|
|
506,000 |
|
|
|
- |
|
|
|
88,000 |
|
| Note 3 |
|
January 13, 2021 |
|
September 10, 2021 |
|
|
108 |
% |
|
|
844,000 |
|
|
|
556,000 |
|
|
|
- |
|
| Note 4 |
|
January 13, 2021 |
|
September 10, 2021 |
|
|
108 |
% |
|
|
844,000 |
|
|
|
556,000 |
|
|
|
- |
|
| Note 5 |
|
January 22, 2021 |
|
July 1, 2021 |
|
|
108 |
% |
|
|
2,040,000 |
|
|
|
1,454,000 |
|
|
|
- |
|
| Note 6 |
|
February 18, 2021 – March 3, 2021 |
|
August 3, 2021 – August 15, 2021 |
|
|
12 |
% |
|
|
1,696,000 |
|
|
|
1,329,000 |
|
|
|
- |
|
| Total |
|
|
|
|
|
|
|
|
|
$ |
1,012,000 |
|
|
|
3,895,000 |
|
|
|
177,000 |
|
| Debt discount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(725,000 |
) |
|
|
(67,000 |
) |
| Net |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
3,170,000 |
|
|
$ |
110,000 |
|
|