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Subsequent Events
 9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events
NOTE 17:
SUBSEQUENT EVENTS

 
The Company evaluated subsequent events after September 30, 2022 through the date of the issuance of these financial statements and has determined there have been no subsequent events for which disclosure is required other than as discussed below:

·
On October 13, 2022, the Company effectuated the Reverse Stock Split and commenced trading of its common stock on the NYSE American LLC.
 
·
On October 17, 2022, the Company closed on its public offering of 1,500,000 shares of common stock consisting of 1,350,000 shares sold by the Company and 150,000 shares sold by certain selling stockholders, at a public offering price of $2.00 per share. In connection therewith, the Company issu
ed 1,231 shares of
common stock to stockholders with fractional shares resulting from the reverse stock split.
 
·
On October 17, 2022 the Company issued a total of 15,375,000 Common Stock in connection with the conversion of all its Series B preferred stock outstanding in connection with its public offering.
 
·
In October 2022,
t
he Company made an advanced principal payment of $500,000 to The Buckhout Charitable Remainder Trust.
 
·
In October 2022
,
the Company made a payment of $250,000 pursuant to the terms of the LSG Business Acquisition Agreement.
 
·
In November 2022,
t
he Company made an advanced principal payment of $100,000 on the Eisiminger note.