Annual report pursuant to Section 13 and 15(d)

PROMISSORY NOTE (Details Narrative)

v3.23.2
PROMISSORY NOTE (Details Narrative) - USD ($)
12 Months Ended
Jan. 20, 2023
Aug. 17, 2022
Mar. 01, 2022
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Nov. 04, 2022
Jan. 01, 2016
Debt Instrument [Line Items]                
Debt instrument, interest rate             12.00% 2.00%
Debt discount         $ 9,680,000      
Exit fee percent             15.00%  
Proceeds from debt       $ 1,715,000        
Escrow deposit       1,500,000      
Debt instrument, redemption, percentage     15.00%          
Increase in outstanding balance, percentage           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 17), 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 March 31, 2023        
Loss in extinguishment       $ 2,383,088      
Revalued debt amount       2,400,000      
Change in fair value of restructed debt       (2,842,132)      
Restructured August Note [Member]                
Debt Instrument [Line Items]                
Debt discount and accrued interest       1,933,000        
Loss in extinguishment       157,000        
Revalued debt amount       2,400,000        
Change in fair value of restructed debt       467,000        
Maximum [Member]                
Debt Instrument [Line Items]                
Debt instrument face amount       $ 144,000        
Securities Purchase Agreement [Member]                
Debt Instrument [Line Items]                
Debt instrument face amount $ 631,968 $ 5,433,333            
Debt instrument, interest rate 10.00% 12.00%            
Debt discount $ 56,868 $ 433,333            
Cash received from debt instrument $ 575,100              
Exit fee percent 15.00% 15.00%            
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