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Subsequent Events
6 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events

13. Subsequent Events

 

Transfer of 2022 Notes

 

Effective July 19, 2024, a holder of our 2022 Unrelated Notes sold notes totaling $250,000 to related parties, including Robert F. Taglich and Michael N. Taglich, each beneficial owners of more than 5% of our common stock.  This results in a reclassification of $250,000 from unrelated notes to related notes.  There was no fee or premium or discount on the transaction. Additionally, all loan terms and the effective interest rate of the note remain unchanged. Robert F. Taglich and Michael N. Taglich are both principals of Taglich Brothers, Inc., and Michael N. Taglich is chairman of the board of directors of Intellinetics.