Subsequent Events |
3 Months Ended | |||
|---|---|---|---|---|
Mar. 31, 2023 | ||||
| Subsequent Events [Abstract] | ||||
| Subsequent Events |
In April and May 2023, the Company issued convertible promissory notes in the aggregate of $62,000 for cash proceeds of $56,000, net of OID $6,000. The notes are unsecured, have an implied interest rate of 10%, mature in twelve months from issuance, and are convertible into 1,234,464 shares of the Company’s common stock at $0.05 per share. In addition, the Company granted the note holders warrants to purchase 1,234,464 shares of the Company’s common stock at $0.07 per share. The warrants are fully vested and expire one year from the date of issuance.
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