Quarterly report [Sections 13 or 15(d)]

DEFERRED RD OBLIGATIONS PARTICIPATION AGREEMENTS (Details)

v3.25.1
DEFERRED RD OBLIGATIONS PARTICIPATION AGREEMENTS (Details)
3 Months Ended
Mar. 31, 2025
USD ($)
$ / shares
shares
Amount Funded $ 1,110,000
Warrants | shares 5,997
Revenue Share 16.65%
Minimum Payment Threshold $ 437,000
Agreement 1  
Amount Funded $ 150,000
Date Of Funding April 13, 2020
Term 5 Years
Exercise Price | $ / shares $ 57.60
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 40.00%
Warrants | shares 937
Revenue Share 2.25%
Minimum Payment Threshold $ 0
Agreement 2  
Amount Funded $ 150,000
Date Of Funding April 13, 2020
Term 5 Years
Exercise Price | $ / shares $ 57.60
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 40.00%
Warrants | shares 937
Revenue Share 2.25%
Minimum Payment Threshold $ 0
Agreement 3  
Amount Funded $ 250,000
Date Of Funding May 7, 2020
Term 5 Years
Exercise Price | $ / shares $ 57.60
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 40.00%
Warrants | shares 1,562
Revenue Share 3.75%
Minimum Payment Threshold $ 0
Agreement 4  
Amount Funded $ 300,000
Date Of Funding Sept.25, 2020
Term 5 Years
Exercise Price | $ / shares $ 57.60
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 50.00%
Warrants | shares 937
Revenue Share 4.50%
Minimum Payment Threshold $ 420,000
Agreement 5  
Amount Funded $ 250,000
Date Of Funding Oct. 4, 2020
Term 5 Years
Exercise Price | $ / shares $ 57.60
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 40.00%
Warrants | shares 1,562
Revenue Share 3.75%
Minimum Payment Threshold $ 0
Agreement 6  
Amount Funded $ 10,000
Date Of Funding Dec. 16, 2020
Term 5 Years
Exercise Price | $ / shares $ 57.60
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 50.00%
Warrants | shares 62
Revenue Share 0.15%
Minimum Payment Threshold $ 17,000