Quarterly report pursuant to Section 13 or 15(d)

EQUITY

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EQUITY
3 Months Ended
Mar. 31, 2020
CONCENTRATIONS OF BUSINESS AND CREDIT RISK  
NOTE 11. EQUITY

Common Stock

 

During the three months ended March 31, 2020, senior secured convertible promissory notes and accrued interest in the amount of $1.03 million were converted into 9,123,560 shares of common stock.

 

During the three months ended March 31, 2020, the Company issued 3,178,115 shares of common stock for compensation in the amount of $0.49 million.

 

During the three months ended March 31, 2020, the Company sold 2,470,173 shares of common stock for the net amount of $0.25 million pursuant to an equity financing facility with an accredited investor.

 

On February 14, 2020, the Company issued 58,154,027 shares of common stock as consideration for the OneQor merger agreement.