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Subsequent Events
 6 Months Ended
Jun. 30, 2020
Subsequent Events [Abstract]  
Subsequent Events

(14)

Subsequent Events  

 

Preferred Stock Conversions

 

 

Subsequent to June 30, 2020, the Company issued 372,500 shares of the Company’s common stock upon the conversion of Preferred Stock.

 

Property Purchase

 

On July 31, 2020, the Company exercised its option to purchase its 95-97 Park Road office location in Queensbury, NY for $460,263, pursuant to the terms of the lease agreement dated September 17, 2018, as amended on January 29, 2019 and further amended on July 31, 2020.

 

Stock Warrant Exercises

 

Subsequent to June 30, 2020, warrants to purchase 41,827 shares of the Company’s common stock with an exercise price of $10.00 per share were exercised for proceeds of $418,270.