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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

NOTES PAYABLE (Narrative) (Details)

v3.20.2

NOTES PAYABLE (Narrative) (Details) - USD ($)		3 Months Ended		9 Months Ended
NOTES PAYABLE (Narrative) (Details) - USD ($)	Jul. 08, 2020	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	May 02, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Interest expense		$ 1,405	$ 2,410	$ 6,110	$ 4,892
Notes payable		147,128		147,128			$ 219,617
Proceeds from convertible debt				$ 1,720,000	$ 70,000
Warrants term				5 years
Unsecured Promissory Note [Member]
Debt Instrument [Line Items]
Accrued interest		$ 580		$ 580			$ 11,244
Promissory note agreement with bank [Member]
Debt Instrument [Line Items]
Notes payable						$ 123,318
Interest rate						1.00%
Demand Note [Member] \| Accredited Investor [Member]
Debt Instrument [Line Items]
Accrued interest	$ 15,729
Proceeds from convertible debt	$ 191,965
Shares issued	150,000
Amount of debt forgiven	$ 57,694
Conversion rate	$ 0.132
Debt conversion shares	1,136,364
Exercise price of warrants	$ 0.396
Warrants term	5 years

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