Quarterly report pursuant to Section 13 or 15(d)

ADVANCES ON FUTURE RECEIPTS (Tables)

v3.22.2.2
ADVANCES ON FUTURE RECEIPTS (Tables)
 6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
SCHEDULE OF ADVANCES ON FUTURE RECEIPTS

The Company has the following advances on future receipts as of June 30, 2022 and December 31, 2021:

 

Note   Issuance
Date		   Maturity
Date		   Interest
Rate		     Original Borrowing     Balance at June 30,
2022		     Balance at December 31, 2021  
                                 
Note 1   October 29, 2021   April 28, 2022     5 %   $ 2,120     $ -     $ 1,299  
Note 2   October 29, 2021   July 25, 2022     28 %     3,808       589       2,993  
Note 3   December 23, 2021   June 22, 2022     5 %     689       -       689  
Total                   $ 6,617       589       4,981  
Debt discount                             (35 )     (800 )
Net                           $ 554     $ 4,181