Subsequent Events |
9 Months Ended |
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Sep. 30, 2023 | |
Subsequent Events [Abstract] | |
Subsequent Events |
Note S – Subsequent Events
On November 1, 2023, in accordance with the Convertible Preferred Stock Certificate of Designation, the Company issued 6,600.54 shares of Series A Convertible Preferred Stock to holders of record as of October 16, 2023. As such, the 93,890.20 outstanding shares of Convertible Preferred Stock were convertible into approximately 30,783,672 shares of the Company’s common stock as of November 1, 2023.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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