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STOCKHOLDERS DEFICIT (Tables)
3 Months Ended
Mar. 31, 2022
STOCKHOLDERS' DEFICIT:  
Common stock issued

 

 

Number of Shares

 

 

 

 

 

Common stock warrants exercised

 

 

4,477,923

 

Issuance of common stock for payment of Series D preferred dividends

 

 

23,109

 

Issuance of common stock for payment of Series E preferred dividends

 

 

12,432

 

Issuance of common stock for payment of Series F preferred dividends

 

 

158,662

 

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

 

 

95,535

 

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 E preferred stock to common stock

 

 

3,070,000

 

Conversion of Series F preferred stock to common stock

 

 

60,000

 

Issued during the three months ended March 31, 2022

 

 

8,642,829

 

 

 

 

 

 

Summary table of common stock share transactions:

 

 

 

 

Balance at December 31, 2021

 

 

13,673,583

 

Issued in 2022

 

 

8,642,829

 

Balance at March 31, 2022

 

 

22,316,412

 

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

 

 

(2,284,324)

 

$0.16

 

Outstanding, March 31, 2022

 

 

25,385,310

 

 

$0.30