Duos Technologies Group, 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
- NOTE 1 - NATURE OF OPERATIONS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

NOTE 3 - DEBT (Schedule of Notes Payable - Related Parties) (Details)

v3.7.0.1

NOTE 3 - DEBT (Schedule of Notes Payable - Related Parties) (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Notes Payable - Related Parties, Principal Amount	$ 564,104	$ 577,716
Less long-term portion-CEO	45,968
Total	518,136	577,716
Shareholder [Member]
Notes Payable - Related Parties, Principal Amount	$ 65,000	$ 65,000
Notes Payable - Related Parties, Interest Rate	9.00%	9.00%
Related Party [Member]
Notes Payable - Related Parties, Principal Amount	$ 13,369	$ 13,369
Notes Payable - Related Parties, Interest Rate	8.00%	8.00%
Related Party [Member]
Notes Payable - Related Parties, Principal Amount	$ 2,100	$ 10,504
Notes Payable - Related Parties, Interest Rate
Related Party [Member]
Notes Payable - Related Parties, Principal Amount	$ 56,500	$ 56,500
Notes Payable - Related Parties, Interest Rate	8.00%	8.00%
Related Party [Member]
Notes Payable - Related Parties, Principal Amount		$ 3,170
Notes Payable - Related Parties, Interest Rate
Related Party [Member]
Notes Payable - Related Parties, Principal Amount	$ 8,431	$ 8,431
Notes Payable - Related Parties, Interest Rate	8.00%	8.00%
CFO [Member]
Notes Payable - Related Parties, Principal Amount	$ 31,973	$ 31,973
Notes Payable - Related Parties, Interest Rate	8.00%	8.00%
Shareholder [Member]
Notes Payable - Related Parties, Principal Amount	$ 226,936	$ 226,936
Notes Payable - Related Parties, Interest Rate	6.00%	6.00%
CEO [Member]
Notes Payable - Related Parties, Principal Amount	$ 8,608	$ 56,614
Notes Payable - Related Parties, Interest Rate	8.00%	8.00%
Shareholder [Member]
Notes Payable - Related Parties, Principal Amount	$ 105,219	$ 105,219
Notes Payable - Related Parties, Interest Rate	8.00%	8.00%

- Definition

Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

+ References

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