| Schedule of notes payable |
| | |
Outstanding Principal as of | | |
| | |
|
| | |
March 31, 2023 | | |
December 31, 2022 | | |
Interest Rate | | |
Maturity Date |
| The April 2020 PPP Loan Agreement | |
| 198,577 | | |
| 198,577 | | |
| 5 | % | |
April 2022 |
| First Denver Bodega LLC Loan | |
| 32,645 | | |
| 38,014 | | |
| 5 | % | |
March 2025 |
| The Third May 2022 Loan Agreement | |
| 6,554 | | |
| 9,409 | | |
| - | % | |
November 2022 |
| The Fourth May 2022 Loan Agreement | |
| 30,697 | | |
| 31,701 | | |
| - | % | |
November 2022 |
| The Second June 2022 Loan agreement | |
| 39,500 | | |
| 39,500 | | |
| - | % | |
October 2022 |
| The First August 2022 Loan Agreement | |
| 130,615 | | |
| 130,615 | | |
| 14 | % | |
June 2023 |
| The Second August 2022 Loan Agreement | |
| 92,950 | | |
| 387,950 | | |
| - | % | |
January 2023 |
| The First September 2022 Loan Agreement | |
| 47,439 | | |
| 73,236 | | |
| - | % | |
September 2023 |
| The Second September 2022 Loan Agreement | |
| 658,625 | | |
| 763,625 | | |
| - | % | |
May 2023 |
| The Third September 2022 Loan Agreement | |
| 121,964 | | |
| 256,964 | | |
| - | % | |
April 2023 |
| The November 2022 Loan | |
| 34,837 | | |
| 68,211 | | |
| - | % | |
June 2023 |
| The First February 2023 Loan Agreement | |
| 325,346 | | |
| - | | |
| 14 | % | |
June 2023 |
| | |
| 1,719,749 | | |
| 1,683,694 | | |
| | | |
|
| Less: Debt Discount | |
| (117,128 | ) | |
| (314,108 | ) | |
| | | |
|
| Less: Debt Issuance Costs | |
| - | | |
| - | | |
| | | |
|
| | |
| 1,602,621 | | |
| 1,683,694 | | |
| | | |
|
| Less: Current Debt | |
| (1,570,601 | ) | |
| (1,645,680 | ) | |
| | | |
|
| Total Long-Term Debt | |
$ | 32,020 | | |
$ | 38,014 | | |
| | | |
|
|
| | |
Outstanding Principal as of | | |
| | |
|
| | |
December 31, 2022 | | |
December 31, 2021 | | |
Interest Rate | | |
Maturity Date |
| Seller’s Choice Note | |
$ | - | | |
$ | 660,000 | | |
| 30 | % | |
September 2020 |
| The April 2020 PPP Loan Agreement | |
| 198,577 | | |
| 198,577 | | |
| 1 | % | |
May 2022 |
| The First December 2021 Loan Agreement | |
| - | | |
| 185,655 | | |
| 10 | % | |
June 2023 |
| The Second December 2021 Loan Agreement | |
| - | | |
| 313,979 | | |
| 14 | % | |
June 2022 |
| First Denver Bodega LLC Loan | |
| 38,014 | | |
| - | | |
| 5 | % | |
March 2025 |
| The Third May 2022 Loan Agreement | |
| 9,409 | | |
| - | | |
| - | % | |
November 2022 |
| The Fourth May 2022 Loan Agreement | |
| 31,701 | | |
| - | | |
| - | % | |
November 2022 |
| The Second June Loan agreement | |
| 39,500 | | |
| - | | |
| - | % | |
October 2022 |
| The First August 2022 Loan Agreement | |
| 130,615 | | |
| - | | |
| 14 | % | |
November 2022 |
| The Second August 2022 Loan Agreement | |
| 387,950 | | |
| - | | |
| - | % | |
January 2023 |
| The First September 2022 Loan Agreement | |
| 73,236 | | |
| - | | |
| - | % | |
September 2023 |
| The Second September 2022 Loan Agreement | |
| 763,625 | | |
| - | | |
| - | % | |
May 2023 |
| The Third September 2022 Loan Agreement | |
| 256,964 | | |
| - | | |
| - | % | |
April 2023 |
| The November 2022 Loan | |
| 68,211 | | |
| - | | |
| - | % | |
June 2023 |
| | |
| 1,683,694 | | |
| 1,358,211 | | |
| | | |
|
| Less: Debt Discount | |
| (314,108 | ) | |
| (15,547 | ) | |
| | | |
|
| Less: Debt Issuance Costs | |
| - | | |
| - | | |
| | | |
|
| | |
| 1,683,694 | | |
| 1,342,664 | | |
| | | |
|
| Less: Current Debt | |
| (1,645,680 | ) | |
| (1,278,672 | ) | |
| | | |
|
| Total Long-Term Debt | |
$ | 38,014 | | |
$ | 63,992 | | |
| | | |
|
|