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STOCKHOLDERS DEFICIT (Tables)
6 Months Ended
Jun. 30, 2022
STOCKHOLDERS' DEFICIT:  
Common stock issued

 

 

Number of

Shares

 

Issuance of common stock for warrants exercised

 

 

5,127,923

 

Issuance of common stock for payment of Series D Preferred dividends

 

 

48,397

 

Issuance of common stock for payment of Series E Preferred dividends

 

 

62,662

 

Issuance of common stock for payment of Series F Preferred dividends

 

 

162,436

 

Issuance of common stock for payment of Series F-2 Preferred dividends

 

 

114,304

 

Issuance of common stock for payment of interest

 

 

121,262

 

Issuance of common stock for Series F one-time 15% dividend

 

 

255,401

 

Issuance of common stock for Series F-2 one-time 15% dividend

 

 

368,505

 

Conversion of Series D Preferred stock to common stock

 

 

975,000

 

Conversion of Series E Preferred stock to common stock

 

 

3,390,000

 

Conversion of Series F Preferred stock to common stock

 

 

1,420,000

 

Conversion of Series F-2 Preferred stock to common stock

 

 

1,864,000

 

Issued during the six months ended June 30, 2022

 

 

13,909,890

 

 

 

 

 

 

Summary table of common stock share transactions:

 

 

 

 

Shares outstanding at December 31, 2021

 

 

13,673,583

 

Issued in 2022

 

 

13,909,890

 

Shares outstanding at June 30, 2022

 

 

27,583,473

 

Outstanding warrants to purchase common stock

 

 

Warrants (Underlying

Shares)

 

 

Weighted-Average Exercise Price Per Share

 

Outstanding, December 31, 2021

 

 

27,669,634

 

 

$0.29

 

Warrants exercised

 

 

(2,934,324)

 

$0.17

 

Outstanding, June 30, 2022

 

 

24,735,310

 

 

$0.30