Quarterly report pursuant to Section 13 or 15(d)

(RESTATED) - DEFERRED RD OBLIGATIONS - PARTICIPATION AGREEMENTS (Details)

v3.22.1
(RESTATED) - DEFERRED RD OBLIGATIONS - PARTICIPATION AGREEMENTS (Details) - USD ($)
9 Months Ended 18 Months Ended
Sep. 30, 2021
Sep. 30, 2021
Amount Funded $ 2,985,000  
Warrants 106,315  
Revenue Share 44.775% 44.78%
Minimum Payment Threshold $ 984,000  
Buy-back Premium % pre-18 mos.   40.00%
Buy-back Premium % post18 mos.   50.00%
Agreement 1    
Amount Funded $ 100,000  
Warrants 3,750  
Revenue Share 1.50%  
Minimum Payment Threshold $ 0  
Date of Funding Apr 13, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 40.00%  
Agreement 2    
Amount Funded $ 150,000  
Warrants 5,625  
Revenue Share 2.25%  
Minimum Payment Threshold $ 0  
Date of Funding Apr 13, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 40.00%  
Agreement 3    
Amount Funded $ 150,000  
Warrants 5,625  
Revenue Share 2.25%  
Minimum Payment Threshold $ 0  
Date of Funding Apr 13, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 40.00%  
Agreement 4    
Amount Funded $ 250,000  
Warrants 9,375  
Revenue Share 3.75%  
Minimum Payment Threshold $ 0  
Date of Funding May 07, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 40.00%  
Agreement 5    
Amount Funded $ 275,000  
Warrants 10,313  
Revenue Share 4.125%  
Minimum Payment Threshold $ 82,500  
Date of Funding Jun 01, 2020  
Warrants Term 5 Years  
Exercise Price $ 8.80  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 6    
Amount Funded $ 225,000  
Warrants 8,438  
Revenue Share 3.375%  
Minimum Payment Threshold $ 67,500  
Date of Funding Jun 03, 2020  
Warrants Term 5 Years  
Exercise Price $ 8.80  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 7    
Amount Funded $ 100,000  
Warrants 3,750  
Revenue Share 1.50%  
Minimum Payment Threshold $ 30,000  
Date of Funding Jul 08, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 8    
Amount Funded $ 125,000  
Warrants 4,688  
Revenue Share 1.875%  
Minimum Payment Threshold $ 37,500  
Date of Funding Aug 24, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 9    
Amount Funded $ 150,000  
Warrants 5,625  
Revenue Share 2.25%  
Minimum Payment Threshold $ 45,000  
Date of Funding Sep 14, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 10    
Amount Funded $ 50,000  
Warrants 1,875  
Revenue Share 0.75%  
Minimum Payment Threshold $ 15,000  
Date of Funding Sep 15, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 16    
Amount Funded $ 50,000  
Warrants 1,875  
Revenue Share 0.75%  
Minimum Payment Threshold $ 15,000  
Date of Funding Oct 09, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 40.00%  
Agreement 17    
Amount Funded $ 10,000  
Warrants 375  
Revenue Share 0.15%  
Minimum Payment Threshold $ 17,000  
Date of Funding Dec 16, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 18    
Amount Funded $ 40,000  
Warrants 1,500  
Revenue Share 0.60%  
Minimum Payment Threshold $ 12,000  
Date of Funding Jan 22, 2021  
Warrants Term 5 Years  
Exercise Price $ 11.20  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 19    
Amount Funded $ 40,000  
Warrants 1,500  
Revenue Share 0.60%  
Minimum Payment Threshold $ 12,000  
Date of Funding Jan 25, 2021  
Warrants Term 5 Years  
Exercise Price $ 11.20  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 20    
Amount Funded $ 25,000  
Warrants 938  
Revenue Share 0.375%  
Minimum Payment Threshold $ 12,000  
Date of Funding Jan 27, 2021  
Warrants Term 5 Years  
Exercise Price $ 11.20  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 21    
Amount Funded $ 45,000  
Warrants 1,688  
Revenue Share 0.675%  
Minimum Payment Threshold $ 13,500  
Date of Funding May 14, 2021  
Warrants Term 5 Years  
Exercise Price $ 10.40  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 11    
Amount Funded $ 50,000  
Warrants 1,875  
Revenue Share 0.75%  
Minimum Payment Threshold $ 15,000  
Date of Funding Sep 15, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 12    
Amount Funded $ 300,000  
Warrants 5,625  
Revenue Share 4.50%  
Minimum Payment Threshold $ 420,000  
Date of Funding Sep 25, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 13    
Amount Funded $ 500,000  
Warrants 18,750  
Revenue Share 7.50%  
Minimum Payment Threshold $ 150,000  
Date of Funding Oct 08, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 40.00%  
Agreement 14    
Amount Funded $ 100,000  
Warrants 3,750  
Revenue Share 1.50%  
Minimum Payment Threshold $ 40,000  
Date of Funding Oct 04, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 50.00%  
Agreement 15    
Amount Funded $ 250,000  
Warrants 9,375  
Revenue Share 3.75%  
Minimum Payment Threshold $ 0  
Date of Funding Oct 04, 2020  
Warrants Term 5 Years  
Exercise Price $ 9.60  
Buy-back Premium % pre-18 mos. 40.00%  
Buy-back Premium % post18 mos. 40.00%