Subsequent Events |
9 Months Ended |
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Sep. 30, 2022 | |
| Subsequent Events [Abstract] | |
| Subsequent Events |
Note 24: Subsequent Events
On October 4, 2022, Andy Heyward was paid $55,000 for his third quarter discretionary bonus.
On October 6, 2022, pursuant to the Settlement Agreement, 419,336 shares of the Company’s common stock were purchased at the market price of $0.68 per share, plus a premium of $1.31 per share, for a total purchase price of $834,479. The cost of $285,148 was recorded as treasury stock.
On October 10, 2022, the Company received a notification of exercise from a holder of certain warrants with a put option exercisable on October 25, 2022. The put option was exercisable for a fixed rate of $250,000 for the 500,000 warrants held. The Company paid the amount on October 10, 2022.
On October 21, 2022, the Company issued 100,000 shares of common stock to a nonemployee for vested RSUs valued at $62,000.
On November 1, 2022, Andy Heyward was paid $50,000 for producer fees. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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