Skye Bioscience, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Debt - Narrative (Details)

v3.21.2

Debt - Narrative (Details) - USD ($)			3 Months Ended		9 Months Ended
Debt - Narrative (Details) - USD ($)	Mar. 29, 2021	Apr. 29, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Apr. 24, 2020
Debt Instrument [Line Items]
Gain on debt forgiveness			$ 0	$ 0	$ 117,953	$ 0
Paycheck Protection Program
Debt Instrument [Line Items]
Principal amount of promissory Note							$ 116,700
Interest rate (percent)							1.00%
Gain on debt forgiveness					$ 117,953
Multi-Draw Credit Agreement
Debt Instrument [Line Items]
Conversion price (in dollars per share)		$ 0.25
Interest rate percentage (percent)	7.00%
Debt default interest rate spread (percent)	10.00%
Warrant coverage on the debt facility (percent)	50.00%
Term of warrant (in years)	5 years
Warrant exercise price (in dollars per share)	$ 0.50
Reduced exercise price of warrant (in dollars per share)	$ 0.35
Unamortized debt discount period (in years)					1 year 3 days
Fair value of shares underlying convertible debt			$ 528,806		$ 528,806

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Exercise price per share or per unit of warrants or rights outstanding.

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