Annual report pursuant to Section 13 and 15(d)

ADVANCES ON FUTURE RECEIPTS (Tables)

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ADVANCES ON FUTURE RECEIPTS (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
SCHEDULE OF ADVANCES ON FUTURE RECEIPTS

As a result of the sale, the Company has eliminated any amounts related to advances on future receipts as part of its presentation of continuing operations. The Company has the following advances on future receipts as of December 31, 2023:

 

Note   Issuance Date   Maturity Date   Interest Rate     Original Borrowing     Balance at December 31, 2023     Balance at December 31, 2022  
                                 
Note 1   August 25, 2022   May 11, 2023     26 %   $ 3,400     $ -     $ 1,782  
Note 2   October 25, 2022   April 26, 2023     30 %     322       -       207  
Note 3   February 16, 2023   December 14, 2023     35 %     2,108       -       -  
Total                   $ 5,830       -       1,989  
Debt discount                             -       (311 )
Debt issuance costs                             -       (37 )
Net                           $         -     $ 1,641