NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2023

	Interest Rate		Principal		Accrued Interest		Discount		Balance
Government Assistance Notes in Default
Paycheck Protection Program (In Default)		1%	$	362,500	$	11,995	$	—	$	374,495
Paycheck Protection Program (In Default)		1%		337,050		8,317		—		345,367
Small Business Administration		3.75%		79,600		4,197		—		83,797
			$	779,150	$	24,509	$	—	$	803,659
Promissory Notes
Promissory notes		5%		111,151		2,448	$	—		113,599
Arin Funding		36%		94,636		—		—		94,636
			$	205,787	$	2,448	$	—	$	208,235

Notes Payable as of December 31, 2022 consisted of the following:

	Interest Rate		Principal		Accrued Interest		Discount			Balance
Government Assistance Notes in Default
Paycheck Protection Program		1%	$	362,500	$	10,117	$	—		$	372,617
Paycheck Protection Program		1%		337,050		6,585		—			343,635
			$	699,550	$	16,702	$	—		$	716,252
Promissory Notes
Promissory notes		5%	$	127,500	$	4,847	$	—		$	132,347
Coventry Enterprises 11-9-22		10%		250,000		3,144		(140,795	)		112,349
AJB Capital 12-29-22		10%		1,870,000		—		(236,800	)		1,633,200
			$	2,247,500	$	7,991	$	(377,595	)	$	1,877,896

	Interest Rate		Principal		Accrued Interest		Discount			Balance
Convertible Promissory Notes in Default
Silverback 2-12-21		22%	$	1,044,889	$	64,409	$	—		$	1,109,298
Dublin Holdings 2-6-21		8%		446,894		9,838		—			456,732
Dublin Holdings 8-25-21		8%		335,000		53,949		—			388,949
Dublin Holdings 11-5-21		8%		225,000		32,031		—			257,031
1800 Diagonal 10-17-22		22%		132,000		17,848		—			149,848
1800 Diagonal 11-14-22		22%		90,750		11,631		—			102,381
Quick Capital 11-2-22		12%		95,556		14,391		—			109,947
Coventry Enterprises 11-9-22		18%		226,834		9,373		—			236,207
AJB Capital 12-29-22		24%		1,870,000		69,651		—			1,939,651
1800 Diagonal 1-13-23		22%		89,587		1,546		—			91,133
Fourth Man 2-2-23		16%		125,000		6,883		—			131,883
Fourth Man 3-23-23		16%		113,773		405		—			114,178
One44 Capital 3-28-23		24%		150,000		8,478		—			158,478
1800 Diagonal 3-28-23		22%		81,337		8,446		—			89,783
			$	5,026,620	$	308,879	$	—		$	5,335,499
Convertible Promissory Notes
L&H 1-19-23		5%	$	75,000	$	1,683	$	(9,461	)	$	67,222
Individuals		10%		250,000		2,717		(24,066	)		228,651
			$	325,000	$	4,400	$	(33,527	)	$	295,873

	Interest Rate		Principal		Accrued Interest		Discount			Balance
Convertible Promissory Notes in Default
Silverback 2-12-21		22%	$	995,130	$	117,520	$	—		$	1,112,650
Dublin Holdings 2-6-21		8%		491,643		1,080		—			492,723
Dublin Holdings 8-25-21		8%		335,000		38,616		—			373,616
Dublin Holdings 11-5-21		8%		225,000		21,899		—			246,899
			$	2,046,773	$	179,115	$	—		$	2,225,888
Convertible Promissory Notes
1800 Diagonal 10-17-22		8%	$	88,000	$	622	$	(36,338	)	$	52,284
1800 Diagonal 11-14-22		8%		60,500		1,458		(27,791	)		34,167
Quick Capital 11-2-22		12%		95,556		1,898		(86,277	)		11,177
			$	244,056	$	3,978	$	(150,406	)	$	97,628

GROWLIFE, INC. 10-Q