EQUITY PURCHASE AGREEMENT AND REGISTRATION RIGHTS AGREEMENT	6 Months Ended
Jun. 30, 2023
Equity Purchase Agreement And Registration Rights Agreement
EQUITY PURCHASE AGREEMENT AND REGISTRATION RIGHTS AGREEMENT	NOTE 9 - EQUITY PURCHASE AGREEMENT AND REGISTRATION RIGHTS AGREEMENT In May 2021, the Company entered into an Equity Purchase Agreement (“EPL”) and Registration Rights Agreement with Peak One Opportunity Fund LP (“Peak One” or the “Investor”). For further information on EPL, refer to our 2021 Annual Report on Form 10-K filed with the SEC on April 15, 2022. The Company filed a post-effective amendment Registration Statement on Form S-1 with the Commission in April 2022, and the Form S-1 was declared effective in May 2022 and the Company filed the prospectus in this connection in May 2022. Further, the Company filed a second post-effective amendment Registration Statement on Form S-1 with the Commission in April 2023, and the Form S-1 was declared effective in April 2023. The Company filed the prospectus in this connection on May 2, 2023. During the six months ended June 30, 2023, the Company did not sell any shares of Common Stock under the EPL. During the six months ended June 30, 2022, the Company sold a total of 600,000 shares of Common Stock at price ranging from $0.16 and $0.22 for total gross proceeds of approximately $114,930 and approximately $98,627, net of issuance costs.

EQUITY PURCHASE AGREEMENT AND REGISTRATION RIGHTS AGREEMENT

6 Months Ended

Jun. 30, 2023

Equity Purchase Agreement And Registration Rights Agreement

EQUITY PURCHASE AGREEMENT AND REGISTRATION RIGHTS AGREEMENT

NOTE 9 - EQUITY PURCHASE AGREEMENT AND REGISTRATION RIGHTS AGREEMENT

In May 2021, the Company entered into an Equity Purchase Agreement (“EPL”) and Registration Rights Agreement with Peak One Opportunity Fund LP (“Peak One” or the “Investor”). For further information on EPL, refer to our 2021 Annual Report on Form 10-K filed with the SEC on April 15, 2022.

The Company filed a post-effective amendment Registration Statement on Form S-1 with the Commission in April 2022, and the Form S-1 was declared effective in May 2022 and the Company filed the prospectus in this connection in May 2022. Further, the Company filed a second post-effective amendment Registration Statement on Form S-1 with the Commission in April 2023, and the Form S-1 was declared effective in April 2023. The Company filed the prospectus in this connection on May 2, 2023.

During the six months ended June 30, 2023, the Company did not sell any shares of Common Stock under the EPL.

During the six months ended June 30, 2022, the Company sold a total of 600,000 shares of Common Stock at price ranging from $0.16 and $0.22 for total gross proceeds of approximately $114,930 and approximately $98,627, net of issuance costs.