Annual report pursuant to Section 13 and 15(d)

DEFERRED RD OBLIGATIONS PARTICIPATION AGREEMENTS (Details)

v3.24.0.1
DEFERRED RD OBLIGATIONS PARTICIPATION AGREEMENTS (Details)
12 Months Ended
Dec. 31, 2023
USD ($)
$ / shares
shares
Amount Funded $ 2,985,000
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 50.00%
Warrants | shares 17,712
Revenue Share 44.775%
Minimum Payment Threshold $ 984,000
Agreement 1  
Amount Funded $ 100,000
Date Of Funding April 13, 2020
Term 5
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 625
Revenue Share 1.50%
Minimum Payment Threshold $ 0
Agreement 2  
Amount Funded $ 150,000
Date Of Funding April 13, 2020
Term 5
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 $ 150,000
Date Of Funding April 13, 2020
Term 5
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 4  
Amount Funded $ 250,000
Date Of Funding May 7, 2020
Term 5
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 5  
Amount Funded $ 275,000
Date Of Funding June 1, 2020
Term 5
Exercise Price | $ / shares $ 52.80
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 50.00%
Warrants | shares 1,718
Revenue Share 4.125%
Minimum Payment Threshold $ 82,500
Agreement 6  
Amount Funded $ 225,000
Date Of Funding June 3, 2020
Term 5
Exercise Price | $ / shares $ 52.80
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 50.00%
Warrants | shares 1,406
Revenue Share 3.375%
Minimum Payment Threshold $ 67,500
Agreement 7  
Amount Funded $ 100,000
Date Of Funding July 8, 2020
Term 5
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 625
Revenue Share 1.50%
Minimum Payment Threshold $ 30,000
Agreement 8  
Amount Funded $ 125,000
Date Of Funding Aug. 24, 2020
Term 5
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 781
Minimum Payment Threshold $ 37,500
Revenue Share 1.875%
Agreement 9  
Amount Funded $ 150,000
Date Of Funding Sept. 14, 2020
Term 5
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 2.25%
Minimum Payment Threshold $ 45,000
Agreement 10  
Amount Funded $ 50,000
Date Of Funding Sept.15, 2020
Term 5
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 312
Revenue Share 0.75%
Minimum Payment Threshold $ 15,000
Agreement 11  
Amount Funded $ 50,000
Date Of Funding Sept.15, 2020
Term 5
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 312
Revenue Share 0.75%
Minimum Payment Threshold $ 15,000
Agreement 12  
Amount Funded $ 300,000
Date Of Funding Sept.25, 2020
Term 5
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 13  
Amount Funded $ 500,000
Date Of Funding Oct. 8, 2020
Term 5
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 3,125
Revenue Share 7.50%
Minimum Payment Threshold $ 150,000
Agreement 14  
Amount Funded $ 100,000
Date Of Funding Oct. 4, 2020
Term 5
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 625
Revenue Share 1.50%
Minimum Payment Threshold $ 40,000
Agreement 15  
Amount Funded $ 250,000
Date Of Funding Oct. 4, 2020
Term 5
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 16  
Amount Funded $ 50,000
Date Of Funding Oct. 9, 2020
Term 5
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 312
Revenue Share 0.75%
Minimum Payment Threshold $ 15,000
Agreement 17  
Amount Funded $ 10,000
Date Of Funding Dec. 16, 2020
Term 5
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
Agreement 18  
Amount Funded $ 40,000
Date Of Funding Jan. 22, 2021
Term 5
Exercise Price | $ / shares $ 67.20
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 50.00%
Warrants | shares 250
Revenue Share 0.60%
Minimum Payment Threshold $ 12,000
Agreement 19  
Amount Funded $ 40,000
Date Of Funding Jan. 25, 2021
Term 5
Exercise Price | $ / shares $ 67.20
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 50.00%
Warrants | shares 250
Revenue Share 0.60%
Minimum Payment Threshold $ 12,000
Agreement 20  
Amount Funded $ 25,000
Date Of Funding Jan. 27, 2021
Term 5
Exercise Price | $ / shares $ 67.20
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 50.00%
Warrants | shares 156
Revenue Share 0.375%
Minimum Payment Threshold $ 12,000
Agreement 21  
Amount Funded $ 45,000
Date Of Funding May 14,2021
Term 5
Exercise Price | $ / shares $ 62.40
Buy-back Premium Percentage Pre-18 Mos. 40.00%
Buy-back Premium Percentage Post-18 Mos. 50.00%
Warrants | shares 281
Revenue Share 0.675%
Minimum Payment Threshold $ 13,500