Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

Subsequent Events
9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events

Note 24: Subsequent Events


On October 4, 2022, Andy Heyward was paid $55,000 for his third quarter discretionary bonus.


On October 6, 2022, pursuant to the Settlement Agreement, 419,336 shares of the Company’s common stock were purchased at the market price of $0.68 per share, plus a premium of $1.31 per share, for a total purchase price of $834,479. The cost of $285,148 was recorded as treasury stock.


On October 10, 2022, the Company received a notification of exercise from a holder of certain warrants with a put option exercisable on October 25, 2022. The put option was exercisable for a fixed rate of $250,000 for the 500,000 warrants held. The Company paid the amount on October 10, 2022.


On October 21, 2022, the Company issued 100,000 shares of common stock to a nonemployee for vested RSUs valued at $62,000.


On November 1, 2022, Andy Heyward was paid $50,000 for producer fees.