| Schedule of current and non-current liabilities |
| 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,
2020 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CLA
August 2017(*) |
|
$ |
905,555 |
|
|
$ |
22,322 |
|
|
$ |
(201,811 |
) |
|
$ |
726,066 |
|
|
|
2020 |
|
|
$ |
1,230,038 |
Refer
to Note 8.a. |
| CLA May
2018(*) |
|
|
170,000 |
|
|
|
- |
|
|
|
- |
|
|
|
170,000 |
|
|
|
2019 |
|
|
|
218,875 |
Refer
to Note 8.b. |
| CLA October
2018(*) |
|
|
1,000,000 |
|
|
|
- |
|
|
|
- |
|
|
|
1,000,000 |
|
|
|
2020 |
(**) |
|
|
1591,030 |
Refer
to Note 8.c. |
| CLA November
2018(*) |
|
|
225,000 |
|
|
|
- |
|
|
|
- |
|
|
|
225,000 |
|
|
|
2020 |
(**) |
|
|
356,718 |
Refer
to Note 8.d. |
| CLA December
2018(*) |
|
|
400,000 |
|
|
|
- |
|
|
|
- |
|
|
|
400,000 |
|
|
|
2020 |
(**) |
|
|
629,647 |
Refer
to Note 8.e. |
| CLA January-April
2019 |
|
|
200,000 |
|
|
|
- |
|
|
|
- |
|
|
|
200,000 |
|
|
|
2021 |
(**) |
|
|
215,752 |
Refer
to Note 8.f. |
| CLA March-December
2019(*) |
|
|
1,250,000 |
|
|
|
- |
|
|
|
- |
|
|
|
1,250,000 |
|
|
|
2020 |
(***) |
|
|
1,932,525 |
Refer
to Note 8.c. |
| CLA August-December
2019 |
|
|
475,000 |
|
|
|
- |
|
|
|
- |
|
|
|
475,000 |
|
|
|
2021 |
(**) |
|
|
368,559 |
Refer
to Note 8.g. |
| CLA July
2020(*) |
|
|
16,748 |
|
|
|
- |
|
|
|
- |
|
|
|
16,748 |
|
|
|
2020 |
(**) |
|
|
24,267 |
Refer
to Note 8.c. |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
4,642,303, |
|
|
$ |
22,322 |
|
|
$ |
(201,811 |
) |
|
$ |
4,462,814 |
|
|
|
|
|
|
$ |
6,567,411 |
|
| (*) | Those CLA's were not repaid on time and therefore were in default as of December 31, 2020. Due to such default, the Company presented those CLA's in their fair value. |
| (**) | Structured as a 24 month- convertible loan or less in case of a Public Offering (“PO”) event. |
| (***) | The due date for those convertible loans is October 2020 or earlier in case of a PO event. |
| 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,
2019 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CLA August 2017(*) |
|
$ |
905,555 |
|
|
$ |
22,322 |
|
|
$ |
(141,211 |
) |
|
$ |
786,666 |
|
|
|
2020 |
|
|
$ |
896,799 |
Refer to Note 8.a. |
| CLA March 2018(*) |
|
|
150,000 |
|
|
|
- |
|
|
|
- |
|
|
|
150,000 |
|
|
|
2019 |
|
|
|
163,406 |
|
| CLA May 2018(*) |
|
|
170,000 |
|
|
|
- |
|
|
|
- |
|
|
|
170,000 |
|
|
|
2019 |
|
|
|
204,118 |
Refer to Note 8.b. |
| CLA October 2018(*) |
|
|
1,000,000 |
|
|
|
- |
|
|
|
- |
|
|
|
1,000,000 |
|
|
|
2020 |
(***) |
|
|
875,630 |
Refer to Note 8.c. |
| CLA November 2018(*) |
|
|
225,000 |
|
|
|
- |
|
|
|
- |
|
|
|
225,000 |
|
|
|
2020 |
(***) |
|
|
205,636 |
Refer to Note 8.d. |
| CLA December 2018(*) |
|
|
400,000 |
|
|
|
- |
|
|
|
- |
|
|
|
400,000 |
|
|
|
2020 |
(***) |
|
|
310,188 |
Refer to Note 8.e. |
| CLA January-April 2019(**) |
|
|
200,000 |
|
|
|
- |
|
|
|
- |
|
|
|
200,000 |
|
|
|
2021 |
(***) |
|
|
155,062 |
Refer to Note 8.f. |
| CLA March-December 2019(**) |
|
|
1,250,000 |
|
|
|
- |
|
|
|
- |
|
|
|
1,250,000 |
|
|
|
2020 |
(****) |
|
|
1,243,739 |
Refer to Note 8.c. |
| CLA August-December 2019(**) |
|
|
475,000 |
|
|
|
- |
|
|
|
- |
|
|
|
475,000 |
|
|
|
2021 |
(***) |
|
|
136,412 |
Refer to Note 8.g. |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
4,775,555, |
|
|
$ |
22,322 |
|
|
$ |
(141,211 |
) |
|
$ |
4,656,666 |
|
|
|
|
|
|
$ |
4,190,990 |
|
| (*) | Aggregated to $3,899,516 and presented within the current liabilities |
| (**) | Aggregated to $291,474 and presented within the non-current liabilities |
| (***) | Structured as a 24 month- convertible loan or less in case of a Public Offering (“PO”) event |
| (****) | The due date for those convertible loans is October 2020 or earlier in case of a PO event |
|