COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) |
12 Months Ended | |||
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Nov. 15, 2021 |
Oct. 07, 2021 |
May 06, 2019 |
Dec. 31, 2021 |
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Loss Contingencies [Line Items] | ||||
Lawsuit filing date | May 6, 2019 | |||
Pending Litigation | ||||
Loss Contingencies [Line Items] | ||||
Provision for loss on legal proceedings | $ 0 | |||
Share Redemption Consideration Obligation | ||||
Loss Contingencies [Line Items] | ||||
Interest rate | 2.00% | |||
Debt instrument, redemption period, start date | May 06, 2019 | |||
Share Redemption Consideration Obligation | Settlement Agreement | ||||
Loss Contingencies [Line Items] | ||||
Non compete period | 5 years | |||
Debt instrument, contingent payment upon settlement | $ 39,100,000 | |||
Interest rate | 2.00% | |||
Debt instrument, redemption period, start date | May 06, 2021 | |||
Payment as settlement of previously disclosed litigation | $ 39,507,717 |
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- Definition Debt instrument contingent payment upon settlement. No definition available.
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- Definition Non compete period. No definition available.
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Start date of debt instrument redemption period, in YYYY-MM-DD format. 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 charged against operating income increasing loss contingency liability, after adjustments to reduce previously estimated charges. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition States the date the complaint was formally filed in a court of law, in arbitration or mediation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of cash paid for the settlement of litigation or for other legal issues during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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