|3 Months Ended|
Mar. 31, 2021
|Debt Disclosure [Abstract]|
Note 9 – Promissory Notes
During the three months ended March 31, 2021, the Company paid $105,437 in principal and interest for two promissory notes that matured. Two promissory notes totaling $352,110 in principal and interest are due and payable on June 30, 2021.
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef