| Summary of Debt |
Debt consists of the following:
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| |
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| |
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$130,000 unsecured drawdown convertible promissory note (“$130K Note”) |
|
$ |
130,000 |
|
|
$ |
130,000 |
|
$1.5 million secured convertible promissory notes (“$1.5M Notes”) |
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|
— |
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|
1,500,000 |
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|
|
1,000,000 |
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|
|
1,000,000 |
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| |
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| |
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Bridge convertible notes, net of discounts and deferred financing costs |
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|
— |
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|
|
3,441,807 |
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|
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|
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1,130,000 |
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|
|
6,071,807 |
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|
|
|
(130,000 |
) |
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|
(1,630,000 |
) |
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|
|
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|
|
|
|
|
|
|
$ |
1,000,000 |
|
|
$ |
4,441,807 |
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|
|
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|
|
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|
Debt consists of the following:
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|
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| |
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| |
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|
$130K Unsecured drawdown convertible promissory note |
|
$ |
130,000 |
|
|
$ |
130,000 |
|
$1.5M Secured convertible promissory notes |
|
|
1,500,000 |
|
|
|
1,500,000 |
|
|
|
|
1,000,000 |
|
|
|
1,000,000 |
|
Bridge convertible notes, net of discounts and deferred financing costs |
|
|
3,441,807 |
|
|
|
— |
|
Payment Protection Program loans |
|
|
— |
|
|
|
250,200 |
|
|
|
|
|
|
|
|
|
|
|
|
|
6,071,807 |
|
|
|
2,880,200 |
|
|
|
|
(1,630,000 |
) |
|
|
(380,200 |
) |
|
|
|
|
|
|
|
|
|
|
|
$ |
4,441,807 |
|
|
$ |
2,500,000 |
|
|
|
|
|
|
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|