COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) |
1 Months Ended | 104 Months Ended | ||
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Mar. 25, 2022 |
Dec. 31, 2021 |
Jun. 30, 2022 |
May 01, 2022 |
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Commitments and Contingencies Disclosure [Abstract] | ||||
HFT patent acqusition - cash at closing | $ 500,000 | |||
Obligation to pay HFT seller additional cash based on achieving certain milestones | 500,000 | |||
Contingent common stock issued upon achieving certain milestones | $ 375,000 | |||
First 50 Million | 15.00% | |||
Greater than $50 million | 17.50% | |||
Obligated to pay Cox, net proceeds percentage | 12.50% | |||
Obligation to pay recognition, net proceeds percentage | ||||
First $125 Million | 10.00% | |||
Next $125 Million | 15.00% | |||
Over $250 Million | 20.00% | |||
Recognition net proceeds payment related to Mirror Worlds patents | $ 3,127,000 | |||
Obligation to pay M2M seller | ||||
First $100 Million | 14.00% | |||
Next $100 Million | 5.00% | |||
Additional consideration payable upon occurrence of certain future events | $ 250,000 | |||
Borrowing rate | 4.20% | |||
Remaining lease term | 2 years 9 months 18 days | 3 years |
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- Definition Additional consideration payable upon occurrence of certain future events No definition available.
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- References No definition available.
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- Definition Represent percentage of first $100 million. No definition available.
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- Definition Represent percentage of first $125 million. No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Represent percentage of next $100 million. No definition available.
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- Definition Represent next $125 Million. No definition available.
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- Definition Obligated to pay Cox, net proceeds percentage. No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Over $250 Million No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Discount rate used by lessee to determine present value of operating lease payments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Remaining lease term of operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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