Quarterly report pursuant to Section 13 or 15(d)

ADVANCES ON FUTURE RECEIPTS (Tables)

v3.23.3
ADVANCES ON FUTURE RECEIPTS (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2023 and December 31, 2022:

 

Note   Issuance Date   Maturity Date   Interest Rate     Original Borrowing    

Balance at September 30,

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             269       -  
Total                   $ 5,830       269       1,989  
Debt discount                             (41 )     (311 )
Debt issuance costs                             (9 )     (37 )
Net                           $ 219     $ 1,641