Item 2. Unregistered Sales of Equity Securities
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
During
the three months ended September 30, 2022, the Company issued an aggregate of 40,830 shares of common stock pursuant to exercises of
warrants to purchase an aggregate of 40,830 shares of common stock for aggregate net proceeds of $109.
The issuance described in Item 2 was deemed to be exempt from
registration under the Securities Act in reliance on Section 4(a)(2) of the Securities Act as a transaction by an issuer not involving
a public offering. The recipients of securities in such transaction represented their intention to acquire the securities for investment
only and not with a view to or for sale in connection with any distribution thereof and appropriate legends were affixed to the share
certificates and other instruments issued in such transaction. All recipients either received adequate information about the Company or
had access, through employment or other relationships, to such information.
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ITEM
3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM
4. MINE SAFETY DISCLOSURES.
Not
applicable.
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