|
The
following table summarizes the outstanding debentures as of the dates indicated:
SCHEDULE
OF OUTSTANDING DEBENTURES
| |
|
Maturity |
|
Cash
Interest
Rate
|
|
June 30,
2023
|
|
|
December
31, 2022
|
|
| Principal (First Tranche Debentures) |
|
12/31/2024 |
|
5.00% - 8.00 |
% |
$ |
14,025,000 |
|
|
$ |
14,025,000 |
|
| Principal (Second Tranche Debentures) |
|
17/07/2025 |
|
5.00% - 8.00 |
% |
|
5,076,923 |
|
|
|
- |
|
| Repayments and conversions |
|
|
|
|
|
|
(6,139,350 |
) |
|
|
(2,955,000 |
) |
| Debt issuance costs
and discounts (Note 7 & 9) |
|
|
|
|
|
|
(7,787,435 |
) |
|
|
(7,128,084 |
) |
| Total Debentures (current) |
|
|
|
|
|
$ |
5,175,138 |
|
|
$ |
3,941,916 |
|
|