Liquidated Damages Payable

12 Months Ended

Dec. 31, 2020

Liquidated Damages Payable

Liquidated Damages Payable

15. Liquidated Damages Payable

Liquidated Damages payable are summarized as follows:

	As of December 31, 2020
	MDB Common Stock to be Issued (1)		Series H Preferred Stock		12% Convertible Debentures		Series I Preferred Stock		Series J Preferred Stock		Total
Registration Rights Damages	$	15,001	$	1,163,955	$	-	$	1,386,000	$	1,200,000	$	3,764,956
Public Information Failure Damages		-		1,163,955		905,490		1,386,000		1,200,000		4,655,445
Accrued interest		-		481,017		134,466		332,185		200,022		1,147,690
	$	15,001	$	2,808,927	$	1,039,956	$	3,104,185	$	2,600,022	$	9,568,091

	As of December 31, 2019
	MDB Common Stock to be Issued (1)		Series H Preferred Stock		12% Convertible Debentures		Series I Preferred Stock		Series J Preferred Stock		Total
Registration Rights Damages	$	15,001	$	1,163,955	$	-	$	1,108,800	$	840,000	$	3,127,756
Public Information Failure Damages		-		1,163,955		893,190		1,039,500		840,000		3,936,645
Accrued interest		-		481,017		132,888		262,193		140,015		1,016,113
	$	15,001	$	2,808,927	$	1,026,078	$	2,410,493	$	1,820,015	$	8,080,514

(1) Consists of shares of common stock issuable to MDB Capital Group, LLC (“MDB”).

Information with respect to the Liquidated Damages recognized on the consolidated statements of operations is provided in Note 23, and for amounts contingently liable in Note 26.