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CONVERTIBLE NOTE – RELATED PARTY | 12 Months Ended
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Dec. 31, 2022
Convertible Note Related Party |
CONVERTIBLE NOTE – RELATED PARTY | 26. CONVERTIBLE NOTE – RELATED PARTY On February 5, 2020, the Company issued an 8% convertible promissory note in the principal amount of $1.0 million to Ault & Company (the “Ault & Company Convertible Note”). The Ault & Company Convertible Note was convertible into Common Stock at a conversion price of $1.45 per share. During the year ended December 31, 2021, the Ault & Company Convertible Note was converted into 0.3 million shares in full satisfaction thereof. Related party interest expense for the year ended December 31, 2021 was $12,000.

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