Schedule of Deferred Revenue |
Agreement # |
|
Date of Funding |
|
Amount Funded |
|
Warrants |
|
Term |
|
ExercisePrice |
|
RevenueShare |
|
MinimumPaymentThreshold |
|
Buy-backPremium %pre-18 mos. |
|
Buy-backPremium %post 18 mos. |
1 |
|
April 13, 2020 |
$ |
100,000 |
|
300,000 |
|
5 Years |
$ |
0.12 |
|
1.500% |
$ |
- |
|
40% |
|
40% |
2 |
|
April 13, 2020 |
|
150,000 |
|
450,000 |
|
5 Years |
|
0.12 |
|
2.250% |
|
- |
|
40% |
|
40% |
3 |
|
April 13, 2020 |
|
150,000 |
|
450,000 |
|
5 Years |
|
0.12 |
|
2.250% |
|
- |
|
40% |
|
40% |
4 |
|
May 7, 2020 |
|
250,000 |
|
750,000 |
|
5 Years |
|
0.12 |
|
3.750% |
|
- |
|
40% |
|
40% |
5 |
|
June 1, 2020 |
|
275,000 |
|
825,000 |
|
5 Years |
|
0.11 |
|
4.125% |
|
82,500 |
|
40% |
|
50% |
6 |
|
June 3, 2020 |
|
225,000 |
|
675,000 |
|
5 Years |
|
0.11 |
|
3.375% |
|
67,500 |
|
40% |
|
50% |
7 |
|
July 8, 2020 |
|
100,000 |
|
300,000 |
|
5 Years |
|
0.12 |
|
1.500% |
|
30,000 |
|
40% |
|
50% |
8 |
|
Aug. 24, 2020 |
|
125,000 |
|
375,000 |
|
5 Years |
|
0.12 |
|
1.875% |
|
37,500 |
|
40% |
|
50% |
9 |
|
Sept. 14, 2020 |
|
150,000 |
|
450,000 |
|
5 Years |
|
0.12 |
|
2.250% |
|
45,000 |
|
40% |
|
50% |
10 |
|
Sept.15, 2020 |
|
50,000 |
|
150,000 |
|
5 Years |
|
0.12 |
|
0.750% |
|
15,000 |
|
40% |
|
50% |
11 |
|
Sept.15, 2020 |
|
50,000 |
|
150,000 |
|
5 Years |
|
0.12 |
|
0.750% |
|
15,000 |
|
40% |
|
50% |
12 |
|
Sept.25, 2020 |
|
300,000 |
|
450,000 |
|
5 Years |
|
0.12 |
|
4.500% |
|
420,000 |
|
40% |
|
50% |
13 |
|
Oct. 4, 2020 |
|
100,000 |
|
300,000 |
|
5 Years |
|
0.12 |
|
1.500% |
|
30,000 |
|
40% |
|
50% |
14 |
|
Oct. 4, 2020 |
|
250,000 |
|
750,000 |
|
5 Years |
|
0.12 |
|
3.750% |
|
75,000 |
|
40% |
|
50% |
15 |
|
Oct. 8, 2020 |
|
500,000 |
|
1,500,000 |
|
5 Years |
|
0.12 |
|
7.500% |
|
150,000 |
|
40% |
|
50% |
16 |
|
Oct. 9, 2020 |
|
50,000 |
|
150,000 |
|
5 Years |
|
0.12 |
|
0.750% |
|
15,000 |
|
40% |
|
50% |
17 |
|
Dec. 16, 2020 |
|
10,000 |
|
30,000 |
|
5 Years |
|
0.12 |
|
0.150% |
|
3,000 |
|
40% |
|
50% |
|
|
|
$ |
2,835,000 |
|
8,055,000 |
|
|
|
|
|
42.525% |
$ |
985,500 |
|
|
|
|
|