| Schedule of Current and Non-Current Liabilities |
The Company’s CLAs presented as part of its current liabilities as of December 31, 2022 as follows:
| Type of CLA |
|
Original
principal
loans
amounts |
|
|
Additional
principal
loans
provided |
|
|
Loans
already
converted |
|
|
Remaining
principal
loans
amount |
|
|
Converted
through |
|
|
Loans
presented
as of
December 31,
2022 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CLA August 2017(*) |
|
$ |
905,555 |
|
|
$ |
22,322 |
|
|
$ |
(276,211 |
) |
|
$ |
651,666 |
|
|
|
2020 |
|
|
$ |
861,764 |
|
|
See Note 7.a. |
| CLA May 2018(*) |
|
|
170,000 |
|
|
|
— |
|
|
|
— |
|
|
|
170,000 |
|
|
|
2019 |
|
|
|
241,557 |
|
|
See Note 7.b. |
| CLA November 2018(*) |
|
|
225,000 |
|
|
|
— |
|
|
|
(25,000 |
) |
|
|
200,000 |
|
|
|
2020 |
(**) |
|
|
247,629 |
|
|
See Note 7.c. |
| CLA August 2019(*) |
|
|
475,000 |
|
|
|
— |
|
|
|
(375,000 |
) |
|
|
100,000 |
|
|
|
2021 |
(**) |
|
|
119,263 |
|
|
See Note 7.d. |
| |
|
$ |
1,775,555 |
|
|
$ |
22,322 |
|
|
$ |
(676,211 |
) |
|
$ |
1,121,666 |
|
|
|
|
|
|
$ |
1,470,213 |
|
|
|
| (*) |
Those
CLAs were not repaid on time and therefore were in default as of December 31, 2022. Due to such default, the Company presented those
CLAs in their fair value which was equaled to the principal loan plus its accrued interest as of that date. |
| (**) |
Structured
as a 24-month convertible loan or less in case of a public offering event. |
The Company’s CLAs presented as part of its current liabilities as of December 31, 2023 as follows:
| Type of CLA |
|
Original
principal
loans
amounts |
|
|
Additional
principal
loans
provided |
|
|
Loans
already
converted |
|
|
Remaining
principal
loans
amount |
|
|
Converted
through |
|
|
Loans
presented
as of
December 31,
2023
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CLA August 2017(*) |
|
$ |
905,555 |
|
|
$ |
22,322 |
|
|
$ |
(276,211 |
) |
|
$ |
651,666 |
|
|
|
2020 |
|
|
$ |
900,864 |
|
|
See Note 7.a. |
| CLA May 2018(*) |
|
|
170,000 |
|
|
|
— |
|
|
|
— |
|
|
|
170,000 |
|
|
|
2019 |
|
|
|
252,891 |
|
|
See Note 7.b. |
| CLA November 2018(*) |
|
|
225,000 |
|
|
|
— |
|
|
|
(25,000 |
) |
|
|
200,000 |
|
|
|
2020 |
(**) |
|
|
259,129 |
|
|
See Note 7.c. |
| CLA August 2019(*) |
|
|
475,000 |
|
|
|
— |
|
|
|
(375,000 |
) |
|
|
100,000 |
|
|
|
2021 |
(**) |
|
|
125,013 |
|
|
See Note 7.d. |
| |
|
$ |
1,775,555 |
|
|
$ |
22,322 |
|
|
$ |
(676,211 |
) |
|
$ |
1,121,666 |
|
|
|
|
|
|
$ |
1,537,897 |
|
|
|
| (*) | Those CLAs were not repaid on time and therefore were in default as of December 31, 2023. Due to such default, the Company presented those CLAs in their fair value which was equaled to the principal loan plus its accrued interest as of that date. |
| (**) | Structured as a 24-month convertible loan or less in case of a public offering event. |
|