Long Term Debt (Details) - USD ($) |
1 Months Ended | ||
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Sep. 03, 2021 |
Aug. 31, 2021 |
Apr. 21, 2021 |
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Debt Instrument [Line Items] | |||
Principal aggregate amount | $ 2,204,600 | ||
Principal and interest payments | $ 92,818 | ||
PPP loan term | 2 years | ||
Interest rate | 100.00% | 100.00% | 1.00% |
Long term debt, description | The PPP Loan provides for prepayment of 20% or less of the unpaid principal balance at any time. If more than <span>20</span>% is prepaid, then all accrued interest must also be paid. | ||
Gain on Forgiveness of Loan | $ 2,234,730 |
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- References No definition available.
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of the required periodic payments including both interest and principal payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the required periodic payments applied to principal. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Description of long-term debt arrangements, which are debt arrangements that originally require full repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer, and disclosures pertaining to the underlying arrangements, including repayment terms, conversion features, interest rates, restrictions on assets and activities, debt covenants, and other matters important to users of the financial statements. Types of long-term debt arrangements include borrowing under notes payable, bonds payable, debentures, term loans, and other contractual obligations for payment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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