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Temporary Equity
12 Months Ended
Dec. 31, 2021
Temporary Equity  
Temporary Equity

Note 14 – Temporary Equity

 

As of December 31, 2019, the Company had 462,000 shares of Series D Preferred Stock outstanding. The Series D Preferred stock was classified as temporary equity because it had redemption features that were outside the control of the Company. As of December 31, 2020, all of the shares of Series D Preferred Stock have been redeemed by the Company and there will be no future issuances.