QSAM Biosciences, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Notes Payable and Debentures (Details Narrative)

Notes Payable and Debentures (Details Narrative) - USD ($)				1 Months Ended			12 Months Ended
	Dec. 12, 2017	Mar. 31, 2017	Mar. 22, 2017	Jun. 30, 2018	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2016
Due date of debt instrument			Dec. 31, 2017
Exercise price of warrants							$ 0.50
Discount original issue of discount							$ 0	$ 1,062
Secured convertible debentures principal amount							165,000	165,000
Payment for defaults			$ 30,000
Late penalty			15,000
Accrued interest			$ 15,000
Bridge note embedded conversion feature							2,960,000	3,270,000
Convertible bridge notes, net							2,960,000	3,270,000
Change in fair value of convertible bridge notes							1,576,482	(1,254,379)
Bridge Offering [Member]
Bridge note embedded conversion feature								600,000
Bridge offering amount								23,756
Bridge Offering [Member] \| Three Directors [Member]
Debt conversion shares issued, value		$ 156,368
Bridge Offering [Member] \| One Shareholder [Member]
Debt conversion shares issued, value		11,784
Bridge Offering [Member] \| Tranche [Member]
Convertible promissory note		$ 1,050,000				$ 1,050,000
Follow-On Bridge Offering [Member] \| Three Accredited Investors [Member]
Debt face amount							$ 980,000
Debt, term							2 years
Proceeds from the bridge offering							$ 12,500
Five Follow-On Bridge Offering [Member]
Accrued interest				$ 7,664
Debt conversion shares issued, value				$ 50,000
Debt conversion into shares				613,451
Convertible Promissory Notes [Member]
Debt face amount							$ 2,771,908	1,841,908
Debt, term							36 months
Original issuance discount percentage							50.00%
Conversion valuation closing amount							$ 5,000,000
Conversion valuation ceiling amount							12,000,000
Conversion valuation floor amount							6,000,000
Convertible bridge notes, net							$ 2,960,000	3,270,000
Annual interest rate							15.00%
Change in fair value of convertible bridge notes								1,254,379
Modification and Extension Agreement [Member] \| Senior Secured Convertible Debentures [Member]
Due date of debt instrument					Jul. 31, 2018	Jul. 31, 2017
Debt conversion price per share							$ 0.10
Discount original issue of discount							$ 20,750
Secured convertible debentures principal amount							$ 165,000	$ 165,000
Modification and Extension Agreement [Member] \| Senior Secured Convertible Debentures [Member] \| Maximum [Member]
Debt conversion price per share		$ 0.21				$ 0.21
Modification and Extension Agreement [Member] \| Senior Secured Convertible Debentures [Member] \| Minimum [Member]
Debt conversion price per share		$ 0.15				$ 0.15
Verbal Agreement [Member]
Exercise price of warrants									$ 0.50
Loan Agreement [Member] \| One Accredited Investor [Member]
Debt face amount	$ 150,000
Short-term debt, interest rate	20.00%
Shares issued for loan issuance costs	100,000
Value of shares issued for loan issuance costs	$ 26,000
Loan issuance cost paid in cash	$ 3,000