Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds
Recent
Sales of Unregistered Securities
On
June 30, 2022, we issued a total of 2,664 shares of our restricted common stock to two of our non-employee directors in accordance with
our Outside Director Compensation Plan. On May 9, 2022 we issued 348 shares of our common stock to a service provider. The
aforementioned issuances were made pursuant to exemptions from registration pursuant to Section 4(2) and/or Rule 506 of Regulation D
of the Securities Act. We made such determinations based upon representations by the purchasers of such securities including, without
limitation, that such purchasers were “accredited investors” as defined in the Securities Act.
Item
3. Defaults Upon Senior Securities
There
has been no default in the payment of principal, interest, or a sinking or purchase fund installment, or any other material default,
with respect to any indebtedness of ours.
Item
4. Mine Safety Disclosures
Not applicable.
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