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Temporary Equity
3 Months Ended
Mar. 31, 2022
Temporary Equity  
Temporary Equity

Note 9. Temporary Equity

  

The following table shows all changes to temporary equity during for the three months ended March 31, 2021. 

                              
   Convertible Preferred Stock 
   Series B   Series B-1   Series C-1 
   Shares   Amount   Shares   Amount   Shares   Amount 
December 31, 2020   216,916   $1,301,500    467,728   $3,507,981    255,289   $4,550,977 
Series C-1 Issue for a reduction in stock payables                   5,414    64,950 
Conversion of Series B and B-1 Preferred Stock to Common Stock   (3,333)   (20,000)   (8,302)   (62,265)        
March 31, 2021   213,583   $1,281,500    459,426   $3,445,716    260,703   $4,615,927 

 

During the year ended December 31, 2021, all shares of Series B, B-1, and C-1 Preferred Stock were converted to common stock.