Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Deficit (Tables)

v3.22.2.2
Stockholders’ Deficit (Tables)
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of Preferred Stock Outstanding

 

    September 30, 2022     December 31, 2021  
Series D Convertible Preferred Stock, $.01 par value; 850 shares authorized; 300 shares issued and outstanding on September 30, 2022 and December 31, 2021, respectively (Liquidation value of $300,000)     3       3  
Series G Convertible Preferred Stock, $.01 par value; 240,000 shares authorized; 80,570 shares issued and outstanding on September 30, 2022 and December 31, 2021, respectively     806       806  
Series H Convertible Preferred Stock, $.01 par value; 10,000 shares authorized; 10,000 shares issued and outstanding on September 30, 2022 and December 31, 2021, respectively     100       100  
Series J Convertible Preferred Stock, $.01 par value; 6,250 shares authorized; 3,458 and 3,458 shares issued and outstanding on September 30, 2022 and December 31, 2021, respectively     35       35  
Series K Convertible Preferred Stock, $.01 par value; 15,000 shares authorized; 6,880 shares issued and outstanding on September 30, 2022 and December 31, 2021, respectively     68       68  
Series AA Convertible Preferred Stock, $.01 par value; 10,000 shares authorized; 8,645 and 8,649 shares issued and outstanding on September 30, 2022 and December 31, 2021, respectively     86       87  
Series H2 Convertible Preferred Stock, $.01 par value; 21 shares authorized; 21 shares issued and outstanding on September 30, 2022 and December 31, 2021, respectively
    -       -  

Series A Junior Participating Preferred Stock, $.01 par value, 20,000 shares authorized, no shares outstanding

     -       -  

Series A Convertible Preferred Stock, $.01 par value, 313,960 shares authorized, no shares outstanding

     -       -  
Series B Convertible Preferred Stock, $.01 par value, 279,256 shares authorized, no shares outstanding     -       -  
Series C Convertible Preferred Stock, $.01 par value, 88,098 shares authorized, no shares outstanding     -       -  
Series E Convertible Preferred Stock, $.01 par value, 500 shares authorized, no shares outstanding     -       -  
Total Convertible Preferred Shares   $ 1,098     $ 1,099  

Schedule of Concerning Options and Warrants Outstanding and Exercisable

The following table summarizes information concerning options and warrants outstanding and exercisable:

 

    Stock Options     Warrants              
    Weighted
Average		     Weighted
Average		              
    Shares     price
per
share		     Shares     price
per
share		     Shares     Total
Exercisable		  
Balance outstanding, December 31, 2021     1,333,101     $ 0.72       16,207,108     $ 3.50       17,540,209       17,308,567  
Granted     -       -       277,500       3.50       277,500          
Exercised     (25,279 )     0.69       -       -       (25,279 )        
Expired/forfeited     -       -       (190,840 )   $ 3.50       (190,840 )        
Balance outstanding, September 30, 2022     1,307,822     $ 0.72       16,293,768     $ 3.50       17,601,590       17,533,679  
Schedule of Loans Obligated to Issue Shares

As profiled in the following table, for five loans we are obligated to issue common stock if not paid by defined dates.

 

Loan     Loan Issuance Date   Loan Principal     % of Loan Principal Issuable     Defined Date     Shares Issuable Frequency  
                               
Loan 1     July 21, 2020   $ 115,000       0.0435 %     September 30, 2020       Monthly  
Loan 2     September 21, 2020   $ 345,000       0.0362 %     November 16, 2020       Weekly  
Loan 3     October 22, 2020   $ 115,000       0.0652 %     December 1, 2020       Weekly  
Loan 4     October 21, 2021   $ 189,750       0.0435 %     January 2, 2022       Monthly  
Loan 5     November 1, 2021   $ 189,750       0.0435 %     January 2, 2022       Monthly