In regard to the 2020, 2019, 2018, and 2017 Convertible Debt discussed above, for the three and six months ended June 30, 2020, the Company paid interest in the aggregate amount of $11,042 and $57,806, respectively, and recorded interest expense in the amount of $913,464 and $1,340,228, respectively in the Company’s condensed consolidated statement of operations. The interest expense for the three and six months ended June 30, 2020 included the amortization of beneficial conversion features in the amounts of $856,863 and $1,227,993, respectively related to the 2017, 2018 and 2019 Convertible Debt that were converted during the three and six months ended June 30, 2020. As of June 30, 2020 and December 31, 2019, the Company recorded accrued interest of $67,594 and $40,803, respectively, relating to the 2020, 2019, 2018 and 2017 Convertible Debt. As of June 30, 2020 and December 31, 2019, the Company had a balance of $802,500 and $2,454,564, respectively, in current liabilities under the caption convertible notes payable and a balance of $195,000 and $1,100,000, respectively, in noncurrent liabilities under the caption convertible notes payable in its condensed consolidated balance sheet, related to the 2020, 2019, 2018, and 2017 Convertible Debt.