Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Subsequent Events (Tables)

v3.23.1
Note 7 - Subsequent Events (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Schedule of Stock by Class [Table Text Block]

Date

Series

Design-

ation

 

Conversion

Price

   

Shares

   

Gross

Proceeds

   

Fees

   

Net

Proceeds

   

Conversion

Shares

   

Placement

Agent

Warrants

(1)

 
Fiscal Year Ended December 31, 2022                                                          

November 22, 2022

Series A   $ 0.6200       5,359     $ 5,359,000     $ 752,000     $ 4,607,000       8,644,000       1,253,000  

November 28, 2022

Series A-2   $ 0.6646       1,297       1,297,000       169,000       1,128,000       1,952,000       283,000  

November 30, 2022

Series A-3   $ 0.6704       1,733       1,733,000       225,000       1,508,000       2,585,000       375,000  

December 22, 2022

Series A-4   $ 0.3801       1,934       1,934,000       251,000       1,683,000       5,088,000       738,000  
Total – as of December 31, 2022             10,323       10,323,000       1,397,000       8,926,000       18,269,000       2,649,000  
Three Months Ended March 31, 2023                                                          

January 31, 2023

Series A-5   $ 0.5546       2,299       2,299,000       299,000       2,000,000       4,145,000       601,000  
Total – as of March 31, 2023             12,622     $ 12,622,000     $ 1,696,000     $ 10,926,000       22,414,000       3,250,000  
Series AA, AA-2, AA-3, and AA-4 Convertible Preferred Stock [Member]  
Notes Tables  
Schedule of Stock by Class [Table Text Block]

Date

Series

Design-

ation

 

Conversion

Price

   

Shares

   

Gross

Proceeds

   

Fees

   

Net

Proceeds

   

Conversion

Shares

   

Placement

Agent

Warrants (1)

 
                                                           

April 19, 2023

Series AA

  $ 0.4715       7,680     $ 7,680,000     $ 966,000     $ 6,714,000       16,288,000       2,285,000  

April 20, 2023

Series AA-2

  $ 0.5215       1,500       1,500,000       130,000       1,370,000       2,876,000       278,000  

April 28, 2023

Series AA-3

  $ 0.4750       1,025       1,025,000       133,000       892,000       2,158,000       313,000  

May 5, 2023

Series AA-4

  $ 0.4642       1,026       1,026,000       133,000       893,000       2,210,000       320,000  

Total – as of March 31, 2023

            11,231     $ 11,231,000     $ 1,362,000     $ 9,869,000       23,532,000       3,196,000