Debt (Details Narrative) - USD ($)
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3 Months Ended |
9 Months Ended |
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Aug. 19, 2022 |
Aug. 18, 2022 |
Jul. 22, 2022 |
Mar. 09, 2022 |
Nov. 09, 2021 |
Oct. 19, 2021 |
Jul. 22, 2021 |
Mar. 30, 2021 |
Feb. 23, 2021 |
Sep. 30, 2021 |
Sep. 30, 2022 |
Sep. 30, 2021 |
Jul. 19, 2022 |
Jun. 29, 2022 |
Dec. 31, 2021 |
Nov. 30, 2021 |
Feb. 18, 2021 |
Short-Term Debt [Line Items] |
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Debt instrument face amount |
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$ 55,000,000
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$ 56,955,167.81
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$ 5,000,000
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Convertible notes payable |
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$ 19,990,000
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$ 113,000,000
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Amount received by agent |
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$ 10,205,678
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Cash compensation |
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3,225,210
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$ 16,829,359
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Class of warrant |
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$ 0.36
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$ 0.65
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Note payable |
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65,000,000
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$ 27,644
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Convertible debt |
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$ 33,000,000
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Common Stock [Member] |
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Short-Term Debt [Line Items] |
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Debt, conversion converted instrument |
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5,412,132
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11,551,384
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Shares issued |
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1,000,000
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Cryptyde LLC [Member] |
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Short-Term Debt [Line Items] |
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Shares issued |
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1,000,000
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Shares issued, price per share |
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$ 2.18
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Investor [Member] |
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Short-Term Debt [Line Items] |
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Conversion, original debt |
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$ 7,000,000
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Debt, conversion converted instrument |
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1,750,000
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Note Holder [Member] | Cryptyde LLC [Member] |
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Short-Term Debt [Line Items] |
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Conversion of Stock, Amount Converted |
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$ 10,000
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Common Stock, Convertible, Conversion Price, Increase |
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$ 0.01
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Business Acquisition, Description of Acquired Entity |
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increase
the interest rate on the July 2021 Note from zero percent (0%) to six percent (6.0%)
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Redemption Premium |
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$ 33,000,000
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Note Holder [Member] | Cryptyde LLC [Member] | Maximum [Member] |
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Short-Term Debt [Line Items] |
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Restricted cash |
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100,000,000
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Note Holder [Member] | Cryptyde LLC [Member] | Minimum [Member] |
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Short-Term Debt [Line Items] |
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Restricted cash |
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$ 80,000,000
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Senior Secured Convertible Note [Member] |
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Short-Term Debt [Line Items] |
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Restricted cash |
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70,000,000
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Debt instrument, repurchased face amount |
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55,000,000
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Note payable |
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65,000,000
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Debt instrument, repurchase of debt unrestricted cash |
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5,000,000
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Debt instrument, additional cash |
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10,000,000
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Payments for debt extinguishment costs |
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55,000,000
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Non cash loss on extinguishment debt |
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27,235,055
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Note Holder [Member] |
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Short-Term Debt [Line Items] |
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Debt instrument, convertible, conversion price |
$ 1.00
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Proceeds from issuance of debt |
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$ 33,115,000
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Repayments of debt |
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33,000,000
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Debt instrument, periodic payment, interest |
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$ 115,000
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Debt instrument, repurchase amount |
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$ 65,000,000
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Convertible debt |
$ 5,000,000
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Debt instrument,accrued interest |
46,000
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Note Holder [Member] | Common Stock [Member] |
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Short-Term Debt [Line Items] |
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Repayments of debt |
450,000
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Note Holder [Member] | Additional Paid-in Capital [Member] |
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Short-Term Debt [Line Items] |
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Repayments of debt |
4,591,620
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Placement Agent [Member] | Common Stock [Member] |
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Short-Term Debt [Line Items] |
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Repayments of debt |
$ 5,047
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ZASH global media and entertainment corporation [Member] |
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Short-Term Debt [Line Items] |
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Debt instrument face amount |
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19,500,000
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Palladium Capital Group LLC [Member] |
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Short-Term Debt [Line Items] |
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Cash compensation, description |
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The placement agent received $9,000,000 of which $1,000,000
was cash compensation and $8,000,000 was deferred cash compensation (8% of the gross proceeds to the Company plus an additional 1% of
the gross proceeds to the Company for non-accountable expenses). The Company has paid $4,000,000 of the deferred cash compensation and
$4,000,000 remains outstanding in accounts payable as of September 30, 2022
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Amount received by agent |
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$ 9,000,000
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Cash compensation |
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1,000,000
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Deferred cash compensation |
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$ 8,000,000
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4,000,000
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Deferred cash compensation paid |
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$ 4,000,000
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Loan Agreement [Member] | Convertible Notes Payable - Related Parties [Member] | ZASH global media and entertainment corporation [Member] |
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Short-Term Debt [Line Items] |
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Debt instrument face amount |
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$ 1,000,000
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$ 1,500,000
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Debt maturity date |
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Mar. 28, 2028
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Feb. 22, 2028
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Debt interest rate |
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2.00%
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2.00%
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Debt conversion, description |
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Under the terms of the loan agreement, the loan is convertible at a 20% discount to a $150 million valuation of Lomotif Private
Limited
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Under the terms of the agreement, the loan is convertible
at a 20% discount to a $150 million valuation of Lomotif Private Limited
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Securities Purchase Agreement [Member] | Investor [Member] |
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Short-Term Debt [Line Items] |
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Class of warrant |
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$ 2.655
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Warrants purchase |
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32,697,548
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Securities Purchase Agreement [Member] | Private Placement [Member] | Investor [Member] |
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Short-Term Debt [Line Items] |
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Stock of warrants |
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$ 36,320,456
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Warrant term |
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5 years
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Securities Purchase Agreement [Member] | Senior Secured Convertible Note [Member] | Private Placement [Member] | Investor [Member] |
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Short-Term Debt [Line Items] |
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Debt instrument face amount |
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$ 120,000,000
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Convertible notes payable |
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$ 100,000,000
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Securities Purchase Agreement [Member] | Senior Secured Convertible Note [Member] |
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Short-Term Debt [Line Items] |
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Debt maturity date |
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Jul. 22, 2022
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Debt interest rate |
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18.00%
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Debt annual Interest rate |
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6.00%
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Debt instrument, convertible, conversion price |
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$ 4.00
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Deposit Account Control Agreement [Member] |
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Short-Term Debt [Line Items] |
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Restricted cash |
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$ 100,000,000
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Deferred discount |
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120,000,000
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Original issue discount |
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20,000,000
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Debt instrument, fee amount |
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9,300,000
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Issuance of warrants |
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$ 90,700,000
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