RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) |
9 Months Ended | |||
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Aug. 11, 2022 |
Aug. 11, 2022 |
Sep. 30, 2022 |
Dec. 31, 2021 |
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Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items] | ||||
Debt conversion rate | 6.00% | |||
Conversion of debt price per share | $ 4.20 | $ 4.20 | ||
Conversion term | 5 years | |||
Warrants exercise price | $ 5.25 | $ 5.25 | ||
Principal amount | $ 9,405,957 | $ 8,781,957 | ||
Chief Executive Officer [Member] | ||||
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items] | ||||
Warrants exercise price | $ 5.25 | |||
Principal amount | $ 99,000 | |||
Converted common stock | 23,672 | |||
Warrants to purchase common stock | 23,571 | |||
Steven Girgenti [Member] | ||||
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items] | ||||
Warrants exercise price | $ 5.25 | |||
Principal amount | $ 150,000 | |||
Converted common stock | 35,866 | |||
Warrants to purchase common stock | 35,714 |
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- Definition Debt conversion term. No definition available.
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Dividend or interest rate associated with the financial instrument issued in exchange for the original debt being converted in a noncash or part noncash transaction. Noncash are transactions that affect recognized assets or liabilities but that do not result in cash receipts or cash payments. Part noncash refers to that portion of the transaction not resulting in cash receipts or cash payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The number of shares issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real estate investment trust unit (UPREIT unit). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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