Quarterly report pursuant to Section 13 or 15(d)

PROMISSORY NOTE (Details Narrative)

v3.22.4
PROMISSORY NOTE (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Aug. 17, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Mar. 31, 2022
Jan. 01, 2016
Short-Term Debt [Line Items]              
Debt instrument face amount   $ 35,000   $ 35,000      
Debt instrument, interest rate             2.00%
Debt discount   9,680,000   9,680,000   $ 9,680,000  
Escrow deposit       $ 1,500,000  
Debt instrument, redemption, percentage       15.00%      
Increase in outstanding balance, percentage   10.00%   10.00%      
Description for uplisted term and trigger Events       In conjunction with the Merger Agreement, entered into on October 24, 2022, with Yotta Acquisition Corporation (Note 10), on November 4, 2022, the Company entered into a Restructuring Agreement for an Amended and Restated Secured Promissory Note (the “August Note”), through which the August Note was amended and restated in its entirety. The Restructuring Agreement included key modifications, in which i) the Uplist terms were removed, ii) in the event that the Closing of the Merger does not occur on or before December 31, 2022, the then-current Outstanding Balance will be increased by 2% and shall increase by 2% every 30 days thereafter until the Closing or termination of the Merger Agreement, and iii) the outstanding balance of the Convertible Note may be increased by 5% to 15% upon the occurrence of an event of default or failure to obtain the Lender’s consent or notify the Lender for certain major equity related transactions (“Trigger Events”). The Merger has not yet closed, and therefore the 2% of the outstanding balance was increased as of December 31, 202      
Loss in extinguishment   $ 2,383,088 $ 2,383,088    
Change in fair value   17,738,000 811,000    
Restructured August Note [Member]              
Short-Term Debt [Line Items]              
Debt discount and accrued interest       1,933,000      
Loss in extinguishment       157,000      
Revalued debt amount   $ 2,219,000   2,219,000      
Change in fair value       $ 286,000      
Securities Purchase Agreement [Member]              
Short-Term Debt [Line Items]              
Debt instrument face amount $ 5,433,333            
Debt instrument, interest rate 12.00%            
Debt discount $ 433,333            
Transaction expense 10,000            
Proceeds from debt 1,100,000            
Escrow deposit 3,900,000            
Debt instrument, fair value $ 3,400,000            
Debt instrument, redemption, percentage 15.00%            
Debt instrument outstanding face amount $ 816,500            
Increase in outstanding balance, percentage 10.00%            
Debt instrument, payment terms Following the Uplist, while the Note is still outstanding, ten days after the Company may have a sale of any of its shares of common stock or preferred stock, there shall be a Mandatory Prepayment equal to the greater of $3,000,000 or thirty-three percent of the gross proceeds of the equity sale            
Payments for debt $ 3,000,000