Related party (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Feb. 25, 2019 |
Nov. 29, 2016 |
Jun. 30, 2021 |
Jun. 30, 2020 |
Mar. 31, 2019 |
Jun. 30, 2021 |
Jun. 30, 2020 |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
Interest expenses | $ 10,302 | $ 10,301 | $ 20,490 | $ 20,238 | $ 41,432 | $ 40,753 | ||||
Amortized discount | 1,860,096 | 1,763,024 | ||||||||
Profit Share liability description | The discounted cash flow model assumptions used at June 30, 2021 to calculate the Profit Share liability included: estimated term of sixteen years with between $100,000 to $350,000 paid quarterly starting in February 2024 | |||||||||
Unamortized balance of discount | $ 2,139,618 | 3,260,647 | 5,243,033 | |||||||
Debt issuance costs | 140,668 | 140,668 | ||||||||
Proceeds from issuance of equity securities | 12,000,000.0 | |||||||||
Remaining debt discount | 1,314,760 | 981,462 | $ 1,974,080 | 1,752,639 | 1,752,639 | |||||
Secured Note [Member] | ||||||||||
Principal outstanding on notes | $ 9,646,686 | 271,686 | $ 271,686 | $ 271,686 | 271,686 | |||||
Maturity Date | Dec. 15, 2018 | Aug. 25, 2022 | Aug. 25, 2022 | |||||||
Interest rate | 15.00% | 15.00% | ||||||||
Debt Repayment Agreement [Member] | ||||||||||
Profit share valuation | $ 2,305,308 | |||||||||
Profit share valuation adjusted | 4,026,567 | |||||||||
AC Midwest Unsecured Note [Member] | AC Midwest [Member] | ||||||||||
Principal outstanding on notes | $ 13,154,931 | $ 13,000,000 | 6,577,465 | $ 6,577,465 | ||||||
Percentages of remaining outstanding principal balance | 50.00% | |||||||||
Percentages of aggregate outstanding principal balance | 50.00% | |||||||||
AC Midwest Unsecured Note [Member] | ||||||||||
Principal outstanding on notes | $ 13,154,931 | $ 13,000,000 | ||||||||
Net licensing revenue | $ 3,500,000 | |||||||||
Maturity Date | Aug. 25, 2022 | Dec. 15, 2020 | ||||||||
Repayment of debt description | In connection with the New AC Midwest Unsecured Note the Company shall pay the principal outstanding, as well as the Profit Share, in an amount equal to 60.0% of Net Litigation Proceeds until such time as any litigation funder has been paid in full and, thereafter, in an amount equal to 75.0% of such Net Litigation Proceeds until the Unsecured Note and Profit Share have been paid in full. In addition, and within 30 days following the end of each fiscal quarter | In connection with the New AC Midwest Unsecured Note the Company shall pay the principal outstanding, as well as the Profit Share, in an amount equal to 60.0% of Net Litigation Proceeds until such time as any litigation funder has been paid in full and, thereafter, in an amount equal to 75.0% of such Net Litigation Proceeds until the Unsecured Note and Profit Share have been paid in full. In addition, and within 30 days following the end of each fiscal quarter | ||||||||
AC Midwest Subordinated Note [Member] | ||||||||||
Interest expenses | 985,777 | $ 980,360 | ||||||||
Remaining debt discount | 1,070,819 | $ 1,070,819 | ||||||||
Discount on debentures | 6,916,687 | 6,916,687 | 6,916,687 | |||||||
Related party debt restructuring resulting in capital contribution | $ 3,412,204 | $ 3,412,204 | ||||||||
Market rate of interest | 21.00% | 21.00% | ||||||||
David M. Kaye [Member] | ||||||||||
Related party debt | $ 206,250 | $ 206,250 | $ 168,750 | 43,750 | ||||||
MEEC [Member] | ||||||||||
Interest rate | 21.00% | 21.00% | ||||||||
Fair Value of sharing profit | $ 1,954,383 | $ 1,954,383 | ||||||||
Estimated time of profit sharing | 16 years | |||||||||
Yearly payment description | between $100,000 to $350,000 paid quarterly after the first three years | |||||||||
Kaye Cooper Kay & Rosenberg, LLP [Member] | ||||||||||
Legal services expense | $ 137,500 | $ 100,000 | $ 175,275 | $ 329,729 |