Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.21.1
Debt (Tables)
12 Months Ended
Dec. 31, 2020
Loans Payable  
Debt Instrument [Line Items]  
Schedule of debt

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2020

    

2019

Loan payable - Automobile loan

 

$

35,093

 

$

52,188

Less current portion

 

 

(17,394)

 

 

(17,095)

Loan payable, net of current portion

 

$

17,699

 

$

35,093

 

Schedule of maturities of the loan payable obligation

Maturities of the loan payable obligation as of December 31, 2020 are as follows:

 

 

 

 

 

 

 

Maturities of Loan

 

Years Ended December 31,

    

Payable

 

2021

 

$

17,394

 

2022

 

 

17,699

  

 

 

$

35,093

 

 

Notes Payable  
Debt Instrument [Line Items]  
Schedule of debt

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2020

    

2019

Quail Point Corp.

 

$

 —

 

$

500,000

Paycheck Protection Program Loan

 

 

354,281

 

 

 —

Small Business Administration Loan

 

 

149,900

 

 

 —

Note payable

 

 

504,181

 

 

500,000

Less current portion of the Paycheck Protection Program Loan

 

 

(237,182)

 

 

 —

Less current portion of the Small Business Administration Loan

 

 

(1,748)

 

 

 —

Note payable, net of current portion

 

$

265,251

 

$

500,000