13. Related Parties (Tables)
|
9 Months Ended |
Sep. 30, 2023 |
|---|
| Related Party Transactions [Abstract] |
|
| Promissory notes payable - Related Party (Details Narrative) |
| |
|
September 30, 2023
|
|
December 31, 2022
|
| Principal outstanding |
|
|
|
|
|
|
|
|
| Opening balance as of January 1, 2023 and 2022, respectively. |
|
$ |
715,000 |
|
|
$ |
50,000 |
|
| Loans advanced – Braydon Capital Corp |
|
|
— |
|
|
|
360,000 |
|
| Loans advanced – Victor Salerno |
|
|
— |
|
|
|
305,000 |
|
| Loan converted to convertible note – Braydon Capital |
|
|
(360,000 |
) |
|
|
|
|
| Closing balance as of September 30 2023 and December 31, 2022, respectively. |
|
|
355,000 |
|
|
|
715,000 |
|
| |
|
|
|
|
|
|
|
|
| Accrued Interest |
|
|
|
|
|
|
|
|
| Opening balance as of January 1, 2023 and 2022, respectively. |
|
|
37,000 |
|
|
|
1,878 |
|
| Accrued interest |
|
|
45,939 |
|
|
|
35,122 |
|
| Interest converted to convertible note – Braydon Capital |
|
|
(26,000 |
) |
|
|
— |
|
| Closing balance as of September 30 2023 and December 31, 2022, respectively. |
|
|
56,939 |
|
|
|
37,000 |
|
| |
|
|
|
|
|
|
|
|
| Total |
|
$ |
411,939 |
|
|
$ |
752,000 |
|
|
| Convertible notes payable - Related Party (Details Narrative) |
| |
|
September 30, 2023
|
| Principal outstanding |
|
|
|
|
| Opening balance as of January 1, 2023 |
|
$ |
— |
|
| Advances to the Company |
|
|
4,400,000 |
|
| Conversion of promissory note into convertible note – Braydon Capital Corp |
|
|
386,000 |
|
| Closing balance as of September 30, 2023 |
|
|
4,786,000 |
|
| |
|
|
|
|
| Accrued Interest |
|
|
|
|
| Opening balance as of January 1, 2023 |
|
|
— |
|
| Accrued interest |
|
|
189,722 |
|
| Closing balance as of September 30, 2023 |
|
|
189,722 |
|
| |
|
|
|
|
| Debt Discount |
|
|
|
|
| Opening balance as of January 1, 2023 |
|
|
— |
|
| Debt discount on relative fair value of warrants |
|
|
(2,224,241 |
) |
| Amortization of debt discount |
|
|
184,568 |
|
| Closing balance as of September 30, 2023 |
|
|
(2,039,673 |
) |
| |
|
|
|
|
| Total |
|
$ |
2,936,049 |
|
|
| Related Party Receivables |
| Related Party Receivables |
|
|
September 30,
2023
|
|
December 31,
2022
|
| |
Related Party payable |
|
|
|
|
|
|
|
|
| Related Party payables |
Engage IT Services, Srl |
|
$ |
— |
|
|
$ |
(406,467 |
) |
| Related Party payables |
Luca Pasquini |
|
|
(1,240 |
) |
|
|
(459 |
) |
| Related Party payables |
Michele Ciavarella |
|
|
(45,676 |
) |
|
|
(15,203 |
) |
| Related Party payables |
|
|
$ |
(46,916 |
) |
|
$ |
(422,129 |
) |
| |
|
|
|
|
|
|
|
|
|
| |
Related Party Receivable |
|
|
|
|
|
|
|
|
| Related Party receivables |
Victor Salerno |
|
$ |
22,511 |
|
|
$ |
22,511 |
|
| Related Party Receivable |
|
|
$ |
22,511 |
|
|
$ |
22,511 |
|
|