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1. BASIS OF PRESENTATION Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements of Innovative Food Holdings, Inc., and its wholly owned subsidiaries, some of which are non-operating, Artisan Specialty Foods, Inc. (“Artisan”), Food Innovations, Inc. (“FII”), Food New Media Group, Inc. (“FNM”), Organic Food Brokers, LLC (“OFB”), Gourmet Foodservice Group, Inc. (“GFG”), Gourmet Foodservice Group Warehouse, Inc. (“GFW”), Gourmeting, Inc. (“Gourmeting”), Haley Food Group, Inc. (“Haley”), Oasis Sales Corp. (“Oasis”), 4 The Gourmet, Inc. (d/b/a For The Gourmet, Inc.), (“Gourmet”), Innovative Food Properties, LLC (“IFP”), Plant Innovations, Inc. (“Plant Innovations”), Innovative Gourmet, LLC (“Innovative Gourmet” or “igourmet”), Food Funding, LLC (“Food Funding”), Logistics Innovations, LLC (L Innovations”), M Innovations, LLC (“M Innovations”), MI Foods, LLC (“MIF”), M Foods Innovations, LLC (“M Foods”), P Innovations, LLC (“P Innovations”), PlantBelly, LLC (“PlantBelly”), Innovative Foods, Inc. (“IFI”) and Innovative Gourmet Partnerships, LLC (“IGP”), and collectively with IVFH and its other subsidiaries, the “Company” or “IVFH”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. All material intercompany transactions have been eliminated upon consolidation of these entities. The accompanying unaudited interim condensed consolidated financial statements have been prepared by the Company, in accordance with generally accepted accounting principles pursuant to Regulation S-X of the Securities and Exchange Commission and with the instructions to Form 10-Q. Certain information and footnote disclosures normally included in audited consolidated financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. Accordingly, these interim financial statements should be read in conjunction with the Company’s audited financial statements and related notes as contained in Form 10-K for the year ended December 31, 2021. In the opinion of management, the interim unaudited condensed consolidated financial statements reflect all adjustments, including normal recurring adjustments, necessary for fair presentation of the interim periods presented. The results of the operations for the three months ended March 31, 2022 are not necessarily indicative of the results of operations to be expected for the full year.

2. NATURE OF ACTIVITIES AND SIGNIFICANT ACCOUNTING POLICIES Business Activity Our business is currently conducted by our wholly owned subsidiaries, some of which are non-operating, Artisan Specialty Foods, Inc. (“Artisan”), Food Innovations, Inc. (“FII”), Food New Media Group, Inc. (“FNM”), Organic Food Brokers, LLC (“OFB”), Gourmet Foodservice Group, Inc. (“GFG”), Gourmet Foodservice Group Warehouse, Inc. (“GFW”), Gourmeting, Inc. (“Gourmeting”), Haley Food Group, Inc. (“Haley”), Oasis Sales Corp. (“Oasis”), 4 The Gourmet, Inc. (d/b/a For The Gourmet, Inc.), (“Gourmet”), Innovative Food Properties, LLC (“IFP”), Plant Innovations, Inc. (“Plant Innovations”), Innovative Gourmet, LLC (“Innovative Gourmet” or “igourmet”), Food Funding, LLC (“Food Funding”), Logistics Innovations, LLC (L Innovations”), M Innovations, LLC (“M Innovations” or “Mouth”), MI Foods, LLC (“MIF”), M Foods Innovations, LLC (“M Foods”), P Innovations, LLC (“P Innovations”), PlantBelly, LLC (“PlantBelly”), Innovative Foods, Inc. (“IFI”) and Innovative Gourmet Partnerships, LLC (“IGP”), and collectively with IVFH and its other subsidiaries, the “Company” or “IVFH”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. All material intercompany transactions have been eliminated upon consolidation of these entities. Overall, our business activities are focused around the creation and growth of a platform which provides distribution or the enabling of distribution of high quality, unique specialty food and food related products ranging from specialty foodservice products to Consumer-Packaged Goods (“CPG”) products through a variety of sales channels ranging from national partnership based and regionally based foodservice related sales channels to e-commerce sales channels offering products both direct to consumers (“D2C”) and direct to business (“B2B”). In our business model, we receive orders from our customers and then work closely with our suppliers and our warehouse facilities to have the orders fulfilled. In order to maintain freshness and quality, we carefully select our suppliers based upon, among other factors, their quality, uniqueness, reliability and access to overnight courier services. FII, through its relationship with the producers, growers, and makers of thousands of unique specialty foodservice products and through its relationship with US Foods, Inc. (“U.S. Foods” or “USF”), has been in the business of providing premium restaurants, within 24 – 72 hours, with the freshest origin-specific perishable, and healthcare products shipped directly from our network of vendors and from our warehouses. Our customers include restaurants, hotels, country clubs, national chain accounts, casinos, hospitals and catering houses. Gourmet has been in the business of providing specialty food via e-commerce through its own website at www.forthegourmet.com and through other ecommerce channels, with unique specialty gourmet food products shipped directly from our network of vendors and from our warehouses within 24 – 72 hours. Artisan is a supplier of over 1,500 unique specialty foodservice products to over 500 customers such as chefs, restaurants, etc. in the Greater Chicago area and serves as a national fulfillment center for certain of the Company’s other subsidiaries. GFG is focused on expanding the Company’s program offerings to additional specialty foodservice customers. Haley is a dedicated foodservice consulting and advisory firm that works closely with companies to access private label and manufacturers’ private label food service opportunities with the intent of helping them launch and commercialize new products in the broadline foodservice industry and assists in the enabling of the distribution of products via national broadline food distributors. IFP was formed to hold the Company’s real estate holdings including the recently acquired facility in Mountaintop, Pennsylvania. OFB and Oasis function as outsourced national sales and brand management teams for emerging organic and specialty food CPG companies of a variety of sizes and business stages, and provides emerging and unique CPG specialty food brands with distribution and shelf placement access in all of the major metro markets in the food retail industry. igourmet has been in the business of providing D2C specialty food via e-commerce through its own website at www.igourmet.com and through other channels such as www.amazon.com, www.ebay.com, and www.walmart.com. In addition, igourmet.com offers a line of B2B specialty foodservice items. Products are primarily shipped directly from igourmet.com’s approximately 100,000 square feet warehouse in Pennsylvania via igourmet.com owned trucks and via third party carrier directly to thousands of customers nationwide. Mouth.com (www.mouth.com) is an online retailer of specialty foods, monthly subscription boxes and curated gift boxes to thousands of consumers and corporate customers across the United States. Mouth sources high quality specialty foods crafted in the US by independent and small batch makers, and expertly curates them into standout food gifts for both consumers and corporate customers. Mouth also has launched a private label brand, including several award-winning products. P Innovations focus is to leverage acquired assets to expand the Company’s subscription-based e-commerce business activities and to launch new businesses leveraging the Company’s e-commerce platform. Plant Innovations is focused on plant-based D2C brands and online retail within the e-commerce space. L Innovations provides 3rd party warehouse and fulfillment services out of its location at the Company’s PA facility. Use of Estimates The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an on-going basis, we evaluate these estimates, including those related to revenue recognition and concentration of credit risk. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Accounts subject to estimate and judgements are accounts receivable reserves, income taxes, intangible assets, contingent liabilities, operating and finance right to use assets and liabilities, and equity-based instruments. Actual results may differ from these estimates under different assumptions or conditions. We believe our estimates have not been materially inaccurate in past years, and our assumptions are not likely to change in the foreseeable future. Principles of Consolidation The accompanying consolidated financial statements include the accounts of Innovative Food Holdings, Inc., and its wholly owned operating subsidiaries, Artisan, FII, FNM, OFB, GFG, GFW, Gourmeting, Haley, Oasis, Innovative Gourmet, Food Funding, IFP, L Innovations, M Innovations, P Innovations, MIF, M Foods, PlantBelly, Plant Innovations, IFI, IGP, and Gourmet. All material intercompany transactions have been eliminated upon consolidation of these entities. Concentrations of Credit Risk Financial instruments and related items, which potentially subject the Company to concentrations of credit risk, consist primarily of cash, cash equivalents and trade receivables. The Company places its cash and temporary cash in investments with credit quality institutions. At times, such investments may be in excess of applicable government mandated insurance limit. At March 31, 2022 and 2021, trade receivables from the Company’s largest customer amounted to 33% and 46%, respectively, of total trade receivables. During the three months ended March 31, 2022 and 2021, sales from the Company’s largest customer amounted to 49% and 42% of total sales, respectively. The Company maintains cash balances in excess of Federal Deposit Insurance Corporation limits. At March 31, 2022 and December 31, 2021, the total cash in excess of these limits was $1,388,422 and $4,555,032, respectively. Leases The Company accounts for leases in accordance with Financial Accounting Standards Board (“FASB”) ASC 842, “Leases”. The Company determines if an arrangement is a lease at inception. Operating lease right-of-use assets (“ROU assets”) and short-term and long-term lease liabilities are included on the face of the consolidated balance sheet. Finance lease ROU assets are presented within other assets, and finance lease liabilities are presented within current and long-term liabilities. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses an incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The operating lease ROU asset also excludes lease incentives. The Company’s lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. The Company has lease agreements with lease and non-lease components, which are accounted for as a single lease component. For lease agreements with terms less than 12 months, the Company has elected the short-term lease measurement and recognition exemption, and it recognizes such lease payments on a straight-line basis over the lease term. Revenue Recognition The Company recognizes revenue upon product delivery. All of our products are shipped either same day or overnight or through longer shipping terms to the customer and the customer takes title to product and assumes risk and ownership of the product when it is delivered. Shipping charges to customers and sales taxes collectible from customers, if any, are included in revenues. For revenue from product sales, the Company recognizes revenue in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 606 “Revenue from Contracts with Customers”. A five-step analysis must be met as outlined in Topic 606: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations, and (v) recognize revenue when (or as) performance obligations are satisfied. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company defers any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. Warehouse and logistic services revenue is primarily comprised of inventory management, order fulfilment and warehousing services. Warehouse & logistics services revenues are recognized at the point in time when the services are rendered to the customer. Deferred Revenue Certain customer arrangements in the Company's business such as gift cards and e-commerce subscription purchases result in deferred revenues when cash payments are received in advance of performance. Gift cards issued by the Company generally have an expiration of five years from date of purchase. The Company records a liability for unredeemed gift cards and advance payments for monthly club memberships, as cash is received, and the liability is reduced when the card is redeemed or product delivered. The following table represents the changes in deferred revenue as reported on the Company’s consolidated balance sheets: <table cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Balance as of December 31, 2020 </td> <td id="new_id-1338" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1339" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1340" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">2,917,676</td> <td id="new_id-1341" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Cash payments received </td> <td id="new_id-1342" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1343" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1344" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">591,886</td> <td id="new_id-1345" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Net sales recognized </td> <td id="new_id-1346" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1347" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1348" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(2,376,151</td> <td id="new_id-1349" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Balance as of March 31, 2021 (unaudited) </td> <td id="new_id-1350" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1351" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1352" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1,133,411</td> <td id="new_id-1353" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 80%; margin-left: 10%; margin-right: 10%;"> <tr style="background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Balance as of December 31, 2021 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> $ </td> <td style="vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> 1,631,406 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Cash payments received </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> 700,582 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Net sales recognized </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> (1,081,044 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> ) </td> </tr> <tr style="background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Balance as of March 31, 2022 (unaudited) </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> $ </td> <td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> 1,250,944 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> </table> Disaggregation of Revenue The following table represents a disaggregation of revenue for the three months ended March 31, 2022 and 2021: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1354" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1355" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Three Months Ended </td> <td id="new_id-1356" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1357" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1358" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, </td> <td id="new_id-1359" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1360" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1361" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1362" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1363" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1364" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2021 </td> <td id="new_id-1365" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1366" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1367" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1368" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1369" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1370" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1371" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Specialty foodservice </td> <td id="new_id-1372" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1373" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1374" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">11,540,835</td> <td id="new_id-1375" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1376" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1377" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1378" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,827,927</td> <td id="new_id-1379" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> E-Commerce </td> <td id="new_id-1380" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1381" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1382" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,612,344</td> <td id="new_id-1383" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1384" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1385" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1386" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,979,938</td> <td id="new_id-1387" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> National Brand Management </td> <td id="new_id-1388" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1389" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1390" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">284,147</td> <td id="new_id-1391" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1392" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1393" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1394" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">225,594</td> <td id="new_id-1395" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Logistics </td> <td id="new_id-1396" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1397" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1398" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">205,785</td> <td id="new_id-1399" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1400" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1401" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1402" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">147,440</td> <td id="new_id-1403" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1404" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1405" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1406" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">15,643,111</td> <td id="new_id-1407" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1408" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1409" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1410" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">12,180,899</td> <td id="new_id-1411" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Cost of goods sold We have included in cost of goods sold all costs which are directly related to the generation of revenue. These costs include primarily the cost of food and raw materials, packing and handling, shipping, and delivery costs. We have also included all payroll costs as cost of goods sold in our leasing and logistics services business. Basic and Diluted Earnings Per Share Basic net earnings per share is based on the weighted average number of shares outstanding during the period, while fully-diluted net earnings per share is based on the weighted average number of shares of common stock and potentially dilutive securities assumed to be outstanding during the period using the treasury stock method. Potentially dilutive securities consist of options and warrants to purchase common stock, and convertible debt. Basic and diluted net loss per share is computed based on the weighted average number of shares of common stock outstanding during the period. The Company uses the treasury stock method to calculate the impact of outstanding stock options and warrants. Stock options and warrants for which the exercise price exceeds the average market price over the period have an anti-dilutive effect on earnings per common share and, accordingly, are excluded from the calculation. Dilutive shares at March 31, 2022: Stock Options The following table summarizes the options outstanding and the related prices for the options to purchase shares of the Company’s common stock issued by the Company at March 31, 2022: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td id="new_id-1412" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1413" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1414" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1415" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1416" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1417" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1418" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1419" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1420" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-1421" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1422" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1423" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1424" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1425" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1426" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1427" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1428" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1429" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1430" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Average </td> <td id="new_id-1431" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1432" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1433" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1434" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1435" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1436" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1437" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1438" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1439" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1440" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Remaining </td> <td id="new_id-1441" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1442" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Exercise </td> <td id="new_id-1443" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1444" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1445" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;">Number </td> <td id="new_id-1446" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1447" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1448" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Contractual </td> <td id="new_id-1449" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1450" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Price </td> <td id="new_id-1451" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1452" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1453" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">of Options </td> <td id="new_id-1454" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1455" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1456" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Life (years) </td> <td id="new_id-1457" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1458" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1459" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-1460" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1461" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1462" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1463" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1464" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1465" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1466" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1467" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-1468" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1469" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1470" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-1471" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1472" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1473" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1474" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-1475" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1476" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1477" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1478" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-1479" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1480" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1481" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-1482" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1483" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1484" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1485" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-1486" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1487" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1488" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1489" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-1490" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1491" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1492" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-1493" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1494" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1495" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1496" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1497" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1498" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1499" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1500" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-1501" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1502" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1503" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.20</td> <td id="new_id-1504" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1505" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1506" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1507" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,100,000</td> <td id="new_id-1508" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1509" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1510" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1511" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.59</td> <td id="new_id-1512" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1513" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1514" style="text-align: right; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1515" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px;"> </td> <td id="new_id-1516" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1517" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1518" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,100,000</td> <td id="new_id-1519" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1520" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1521" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1522" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1.76</td> <td id="new_id-1523" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Restricted Stock Awards At March 31, 2022, there are 300,000 unvested restricted stock awards remaining from grants in a prior year. Those 300,000 restricted stock awards will vest as follows: 125,000 restricted stock awards will vest contingent upon the attainment of a stock price of $2.00 per share for 20 straight trading days, and an additional 175,000 restricted stock awards will vest contingent upon the attainment of a stock price of $3.00 per share for 20 straight trading days. Stock Grants During the three months ended March 31, 2022, the Company incurred obligations to issue the following shares of common stock pursuant to compensation agreements: an aggregate of 25,812 shares of common stock to board members; and an aggregate total of 438,703 shares of common stock to Executive Officers. Some of these shares or other shares owned by the Company’s employees are included in a 10b5-1 selling plan. The Company charged the amount of $152,726 to operations in connection with stock grants during the three months ended March 31, 2022. Dilutive shares at March 31, 2021: Stock Options The following table summarizes the options outstanding and the related prices for the options to purchase shares of the Company’s common stock issued by the Company at March 31, 2021: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td id="new_id-1524" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1525" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1526" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1527" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1528" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1529" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1530" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1531" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1532" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-1533" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1534" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1535" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1536" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1537" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1538" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1539" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1540" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1541" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1542" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Average </td> <td id="new_id-1543" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1544" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1545" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1546" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1547" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1548" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1549" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1550" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1551" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1552" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Remaining </td> <td id="new_id-1553" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1554" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Exercise </td> <td id="new_id-1555" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1556" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1557" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Number </td> <td id="new_id-1558" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1559" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1560" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Contractual </td> <td id="new_id-1561" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1562" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Price </td> <td id="new_id-1563" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1564" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1565" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> of Options </td> <td id="new_id-1566" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1567" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1568" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Life (years) </td> <td id="new_id-1569" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1570" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1571" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-1572" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1573" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1574" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1575" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1576" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1577" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1578" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1579" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4.75</td> <td id="new_id-1580" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1581" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1582" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-1583" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1584" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1585" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1586" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-1587" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1588" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1589" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1590" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2.75</td> <td id="new_id-1591" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1592" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1593" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-1594" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1595" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1596" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1597" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-1598" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1599" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1600" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1601" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2.75</td> <td id="new_id-1602" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1603" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1604" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-1605" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1606" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1607" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1608" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1609" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1610" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1611" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1612" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4.75</td> <td id="new_id-1613" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1614" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1615" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.10</td> <td id="new_id-1616" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1617" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1618" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1619" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">75,000</td> <td id="new_id-1620" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1621" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1622" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1623" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.12</td> <td id="new_id-1624" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1625" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1626" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.20</td> <td id="new_id-1627" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1628" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1629" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1630" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,050,000</td> <td id="new_id-1631" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1632" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1633" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1634" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2.60</td> <td id="new_id-1635" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1636" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1637" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.50</td> <td id="new_id-1638" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1639" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1640" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1641" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">125,000</td> <td id="new_id-1642" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1643" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1644" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1645" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">0.75</td> <td id="new_id-1646" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1647" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1648" style="text-align: right; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1649" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px;"> </td> <td id="new_id-1650" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1651" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1652" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,250,000</td> <td id="new_id-1653" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1654" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1655" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1656" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2.57</td> <td id="new_id-1657" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> The Company charged the amount of $36,080 to operations in connection with stock options during the three months ended March 31, 2021. Restricted Stock Awards At March 31, 2021 there are 300,000 unvested restricted stock awards remaining from grants in a prior year. Those 300,000 restricted stock awards will vest as follows: 125,000 restricted stock awards will vest contingent upon the attainment of a stock price of $2.00 per share for 20 straight trading days, and an additional 175,000 restricted stock awards will vest contingent upon the attainment of a stock price of $3.00 per share for 20 straight trading days. Stock Grants During the three months ended March 31, 2021, the Company incurred obligations to issue the following shares of common stock pursuant to compensation agreements: an aggregate total of 50,070 shares of common stock to board members and an aggregate total of 236,184 shares to Executive Officers. Some of these shares or other shares owned by the Company’s employees are included in a 10b5-1 plan. The Company charged the amount of $121,711 to operations in connection with stock grants during the three months ended March 31, 2021. Significant Recent Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”), which is intended to simplify various aspects related to accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and also clarifies and amends existing guidance to improve consistent application. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company adopted this standard effective January 1, 2021; adoption of this standard did not have a material effect on our consolidated financial statements and related disclosures. In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40)”. This ASU reduces the number of accounting models for convertible debt instruments and convertible Preferred Stock. As well as amend the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. In addition, this ASU improves and amends the related EPS guidance. This standard is effective for us on January 1, 2022; adoption of this standard did not have a material effect on our consolidated financial statements and related disclosures. Management does not believe that any other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the accompanying consolidated financial statements.

Business Activity Our business is currently conducted by our wholly owned subsidiaries, some of which are non-operating, Artisan Specialty Foods, Inc. (“Artisan”), Food Innovations, Inc. (“FII”), Food New Media Group, Inc. (“FNM”), Organic Food Brokers, LLC (“OFB”), Gourmet Foodservice Group, Inc. (“GFG”), Gourmet Foodservice Group Warehouse, Inc. (“GFW”), Gourmeting, Inc. (“Gourmeting”), Haley Food Group, Inc. (“Haley”), Oasis Sales Corp. (“Oasis”), 4 The Gourmet, Inc. (d/b/a For The Gourmet, Inc.), (“Gourmet”), Innovative Food Properties, LLC (“IFP”), Plant Innovations, Inc. (“Plant Innovations”), Innovative Gourmet, LLC (“Innovative Gourmet” or “igourmet”), Food Funding, LLC (“Food Funding”), Logistics Innovations, LLC (L Innovations”), M Innovations, LLC (“M Innovations” or “Mouth”), MI Foods, LLC (“MIF”), M Foods Innovations, LLC (“M Foods”), P Innovations, LLC (“P Innovations”), PlantBelly, LLC (“PlantBelly”), Innovative Foods, Inc. (“IFI”) and Innovative Gourmet Partnerships, LLC (“IGP”), and collectively with IVFH and its other subsidiaries, the “Company” or “IVFH”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. All material intercompany transactions have been eliminated upon consolidation of these entities. Overall, our business activities are focused around the creation and growth of a platform which provides distribution or the enabling of distribution of high quality, unique specialty food and food related products ranging from specialty foodservice products to Consumer-Packaged Goods (“CPG”) products through a variety of sales channels ranging from national partnership based and regionally based foodservice related sales channels to e-commerce sales channels offering products both direct to consumers (“D2C”) and direct to business (“B2B”). In our business model, we receive orders from our customers and then work closely with our suppliers and our warehouse facilities to have the orders fulfilled. In order to maintain freshness and quality, we carefully select our suppliers based upon, among other factors, their quality, uniqueness, reliability and access to overnight courier services. FII, through its relationship with the producers, growers, and makers of thousands of unique specialty foodservice products and through its relationship with US Foods, Inc. (“U.S. Foods” or “USF”), has been in the business of providing premium restaurants, within 24 – 72 hours, with the freshest origin-specific perishable, and healthcare products shipped directly from our network of vendors and from our warehouses. Our customers include restaurants, hotels, country clubs, national chain accounts, casinos, hospitals and catering houses. Gourmet has been in the business of providing specialty food via e-commerce through its own website at www.forthegourmet.com and through other ecommerce channels, with unique specialty gourmet food products shipped directly from our network of vendors and from our warehouses within 24 – 72 hours. Artisan is a supplier of over 1,500 unique specialty foodservice products to over 500 customers such as chefs, restaurants, etc. in the Greater Chicago area and serves as a national fulfillment center for certain of the Company’s other subsidiaries. GFG is focused on expanding the Company’s program offerings to additional specialty foodservice customers. Haley is a dedicated foodservice consulting and advisory firm that works closely with companies to access private label and manufacturers’ private label food service opportunities with the intent of helping them launch and commercialize new products in the broadline foodservice industry and assists in the enabling of the distribution of products via national broadline food distributors. IFP was formed to hold the Company’s real estate holdings including the recently acquired facility in Mountaintop, Pennsylvania. OFB and Oasis function as outsourced national sales and brand management teams for emerging organic and specialty food CPG companies of a variety of sizes and business stages, and provides emerging and unique CPG specialty food brands with distribution and shelf placement access in all of the major metro markets in the food retail industry. igourmet has been in the business of providing D2C specialty food via e-commerce through its own website at www.igourmet.com and through other channels such as www.amazon.com, www.ebay.com, and www.walmart.com. In addition, igourmet.com offers a line of B2B specialty foodservice items. Products are primarily shipped directly from igourmet.com’s approximately 100,000 square feet warehouse in Pennsylvania via igourmet.com owned trucks and via third party carrier directly to thousands of customers nationwide. Mouth.com (www.mouth.com) is an online retailer of specialty foods, monthly subscription boxes and curated gift boxes to thousands of consumers and corporate customers across the United States. Mouth sources high quality specialty foods crafted in the US by independent and small batch makers, and expertly curates them into standout food gifts for both consumers and corporate customers. Mouth also has launched a private label brand, including several award-winning products. P Innovations focus is to leverage acquired assets to expand the Company’s subscription-based e-commerce business activities and to launch new businesses leveraging the Company’s e-commerce platform. Plant Innovations is focused on plant-based D2C brands and online retail within the e-commerce space. L Innovations provides 3rd party warehouse and fulfillment services out of its location at the Company’s PA facility.

Use of Estimates The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an on-going basis, we evaluate these estimates, including those related to revenue recognition and concentration of credit risk. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Accounts subject to estimate and judgements are accounts receivable reserves, income taxes, intangible assets, contingent liabilities, operating and finance right to use assets and liabilities, and equity-based instruments. Actual results may differ from these estimates under different assumptions or conditions. We believe our estimates have not been materially inaccurate in past years, and our assumptions are not likely to change in the foreseeable future.

Principles of Consolidation The accompanying consolidated financial statements include the accounts of Innovative Food Holdings, Inc., and its wholly owned operating subsidiaries, Artisan, FII, FNM, OFB, GFG, GFW, Gourmeting, Haley, Oasis, Innovative Gourmet, Food Funding, IFP, L Innovations, M Innovations, P Innovations, MIF, M Foods, PlantBelly, Plant Innovations, IFI, IGP, and Gourmet. All material intercompany transactions have been eliminated upon consolidation of these entities.

Concentrations of Credit Risk Financial instruments and related items, which potentially subject the Company to concentrations of credit risk, consist primarily of cash, cash equivalents and trade receivables. The Company places its cash and temporary cash in investments with credit quality institutions. At times, such investments may be in excess of applicable government mandated insurance limit. At March 31, 2022 and 2021, trade receivables from the Company’s largest customer amounted to 33% and 46%, respectively, of total trade receivables. During the three months ended March 31, 2022 and 2021, sales from the Company’s largest customer amounted to 49% and 42% of total sales, respectively. The Company maintains cash balances in excess of Federal Deposit Insurance Corporation limits. At March 31, 2022 and December 31, 2021, the total cash in excess of these limits was $1,388,422 and $4,555,032, respectively.

0.33

0.46

0.49

0.42

1388422

4555032

Leases The Company accounts for leases in accordance with Financial Accounting Standards Board (“FASB”) ASC 842, “Leases”. The Company determines if an arrangement is a lease at inception. Operating lease right-of-use assets (“ROU assets”) and short-term and long-term lease liabilities are included on the face of the consolidated balance sheet. Finance lease ROU assets are presented within other assets, and finance lease liabilities are presented within current and long-term liabilities. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses an incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The operating lease ROU asset also excludes lease incentives. The Company’s lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. The Company has lease agreements with lease and non-lease components, which are accounted for as a single lease component. For lease agreements with terms less than 12 months, the Company has elected the short-term lease measurement and recognition exemption, and it recognizes such lease payments on a straight-line basis over the lease term.

Revenue Recognition The Company recognizes revenue upon product delivery. All of our products are shipped either same day or overnight or through longer shipping terms to the customer and the customer takes title to product and assumes risk and ownership of the product when it is delivered. Shipping charges to customers and sales taxes collectible from customers, if any, are included in revenues. For revenue from product sales, the Company recognizes revenue in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 606 “Revenue from Contracts with Customers”. A five-step analysis must be met as outlined in Topic 606: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations, and (v) recognize revenue when (or as) performance obligations are satisfied. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company defers any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. Warehouse and logistic services revenue is primarily comprised of inventory management, order fulfilment and warehousing services. Warehouse & logistics services revenues are recognized at the point in time when the services are rendered to the customer.

Deferred Revenue Certain customer arrangements in the Company's business such as gift cards and e-commerce subscription purchases result in deferred revenues when cash payments are received in advance of performance. Gift cards issued by the Company generally have an expiration of five years from date of purchase. The Company records a liability for unredeemed gift cards and advance payments for monthly club memberships, as cash is received, and the liability is reduced when the card is redeemed or product delivered. The following table represents the changes in deferred revenue as reported on the Company’s consolidated balance sheets: <table cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Balance as of December 31, 2020 </td> <td id="new_id-1338" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1339" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1340" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">2,917,676</td> <td id="new_id-1341" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Cash payments received </td> <td id="new_id-1342" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1343" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1344" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">591,886</td> <td id="new_id-1345" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Net sales recognized </td> <td id="new_id-1346" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1347" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1348" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(2,376,151</td> <td id="new_id-1349" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Balance as of March 31, 2021 (unaudited) </td> <td id="new_id-1350" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1351" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1352" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1,133,411</td> <td id="new_id-1353" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 80%; margin-left: 10%; margin-right: 10%;"> <tr style="background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Balance as of December 31, 2021 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> $ </td> <td style="vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> 1,631,406 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Cash payments received </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> 700,582 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Net sales recognized </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> (1,081,044 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> ) </td> </tr> <tr style="background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Balance as of March 31, 2022 (unaudited) </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> $ </td> <td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> 1,250,944 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> </table>

The following table represents the changes in deferred revenue as reported on the Company’s consolidated balance sheets: <table cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Balance as of December 31, 2020 </td> <td id="new_id-1338" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1339" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1340" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">2,917,676</td> <td id="new_id-1341" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Cash payments received </td> <td id="new_id-1342" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1343" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1344" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">591,886</td> <td id="new_id-1345" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Net sales recognized </td> <td id="new_id-1346" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1347" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1348" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(2,376,151</td> <td id="new_id-1349" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 81%;"> Balance as of March 31, 2021 (unaudited) </td> <td id="new_id-1350" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1351" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1352" style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1,133,411</td> <td id="new_id-1353" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 80%; margin-left: 10%; margin-right: 10%;"> <tr style="background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Balance as of December 31, 2021 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> $ </td> <td style="vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> 1,631,406 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Cash payments received </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> 700,582 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Net sales recognized </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> (1,081,044 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> ) </td> </tr> <tr style="background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="vertical-align: bottom; width: 81%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Balance as of March 31, 2022 (unaudited) </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> $ </td> <td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 16%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> 1,250,944 </td> <td style="vertical-align: bottom; width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> </table>

2917676

591886

-2376151

1133411

1631406

700582

-1081044

1250944

Disaggregation of Revenue The following table represents a disaggregation of revenue for the three months ended March 31, 2022 and 2021: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1354" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1355" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Three Months Ended </td> <td id="new_id-1356" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1357" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1358" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, </td> <td id="new_id-1359" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1360" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1361" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1362" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1363" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1364" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2021 </td> <td id="new_id-1365" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1366" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1367" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1368" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1369" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1370" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1371" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Specialty foodservice </td> <td id="new_id-1372" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1373" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1374" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">11,540,835</td> <td id="new_id-1375" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1376" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1377" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1378" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,827,927</td> <td id="new_id-1379" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> E-Commerce </td> <td id="new_id-1380" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1381" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1382" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,612,344</td> <td id="new_id-1383" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1384" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1385" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1386" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,979,938</td> <td id="new_id-1387" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> National Brand Management </td> <td id="new_id-1388" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1389" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1390" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">284,147</td> <td id="new_id-1391" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1392" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1393" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1394" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">225,594</td> <td id="new_id-1395" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Logistics </td> <td id="new_id-1396" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1397" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1398" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">205,785</td> <td id="new_id-1399" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1400" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1401" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1402" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">147,440</td> <td id="new_id-1403" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1404" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1405" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1406" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">15,643,111</td> <td id="new_id-1407" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1408" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1409" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1410" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">12,180,899</td> <td id="new_id-1411" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

The following table represents a disaggregation of revenue for the three months ended March 31, 2022 and 2021: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1354" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1355" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Three Months Ended </td> <td id="new_id-1356" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1357" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1358" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, </td> <td id="new_id-1359" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1360" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1361" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1362" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1363" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1364" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2021 </td> <td id="new_id-1365" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1366" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1367" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1368" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1369" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1370" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1371" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Specialty foodservice </td> <td id="new_id-1372" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1373" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1374" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">11,540,835</td> <td id="new_id-1375" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1376" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1377" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1378" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,827,927</td> <td id="new_id-1379" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> E-Commerce </td> <td id="new_id-1380" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1381" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1382" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,612,344</td> <td id="new_id-1383" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1384" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1385" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1386" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,979,938</td> <td id="new_id-1387" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> National Brand Management </td> <td id="new_id-1388" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1389" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1390" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">284,147</td> <td id="new_id-1391" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1392" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1393" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1394" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">225,594</td> <td id="new_id-1395" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Logistics </td> <td id="new_id-1396" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1397" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1398" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">205,785</td> <td id="new_id-1399" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1400" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1401" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1402" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">147,440</td> <td id="new_id-1403" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1404" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1405" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1406" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">15,643,111</td> <td id="new_id-1407" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1408" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1409" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1410" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">12,180,899</td> <td id="new_id-1411" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

11540835

6827927

3612344

4979938

284147

225594

205785

147440

15643111

12180899

Cost of goods sold We have included in cost of goods sold all costs which are directly related to the generation of revenue. These costs include primarily the cost of food and raw materials, packing and handling, shipping, and delivery costs. We have also included all payroll costs as cost of goods sold in our leasing and logistics services business.

Basic and Diluted Earnings Per Share Basic net earnings per share is based on the weighted average number of shares outstanding during the period, while fully-diluted net earnings per share is based on the weighted average number of shares of common stock and potentially dilutive securities assumed to be outstanding during the period using the treasury stock method. Potentially dilutive securities consist of options and warrants to purchase common stock, and convertible debt. Basic and diluted net loss per share is computed based on the weighted average number of shares of common stock outstanding during the period. The Company uses the treasury stock method to calculate the impact of outstanding stock options and warrants. Stock options and warrants for which the exercise price exceeds the average market price over the period have an anti-dilutive effect on earnings per common share and, accordingly, are excluded from the calculation. Dilutive shares at March 31, 2022: Stock Options The following table summarizes the options outstanding and the related prices for the options to purchase shares of the Company’s common stock issued by the Company at March 31, 2022: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td id="new_id-1412" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1413" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1414" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1415" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1416" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1417" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1418" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1419" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1420" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-1421" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1422" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1423" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1424" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1425" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1426" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1427" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1428" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1429" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1430" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Average </td> <td id="new_id-1431" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1432" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1433" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1434" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1435" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1436" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1437" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1438" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1439" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1440" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Remaining </td> <td id="new_id-1441" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1442" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Exercise </td> <td id="new_id-1443" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1444" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1445" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;">Number </td> <td id="new_id-1446" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1447" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1448" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Contractual </td> <td id="new_id-1449" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1450" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Price </td> <td id="new_id-1451" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1452" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1453" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">of Options </td> <td id="new_id-1454" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1455" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1456" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Life (years) </td> <td id="new_id-1457" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1458" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1459" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-1460" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1461" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1462" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1463" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1464" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1465" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1466" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1467" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-1468" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1469" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1470" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-1471" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1472" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1473" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1474" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-1475" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1476" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1477" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1478" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-1479" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1480" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1481" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-1482" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1483" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1484" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1485" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-1486" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1487" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1488" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1489" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-1490" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1491" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1492" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-1493" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1494" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1495" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1496" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1497" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1498" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1499" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1500" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-1501" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1502" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1503" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.20</td> <td id="new_id-1504" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1505" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1506" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1507" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,100,000</td> <td id="new_id-1508" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1509" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1510" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1511" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.59</td> <td id="new_id-1512" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1513" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1514" style="text-align: right; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1515" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px;"> </td> <td id="new_id-1516" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1517" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1518" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,100,000</td> <td id="new_id-1519" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1520" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1521" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1522" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1.76</td> <td id="new_id-1523" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Restricted Stock Awards At March 31, 2022, there are 300,000 unvested restricted stock awards remaining from grants in a prior year. Those 300,000 restricted stock awards will vest as follows: 125,000 restricted stock awards will vest contingent upon the attainment of a stock price of $2.00 per share for 20 straight trading days, and an additional 175,000 restricted stock awards will vest contingent upon the attainment of a stock price of $3.00 per share for 20 straight trading days. Stock Grants During the three months ended March 31, 2022, the Company incurred obligations to issue the following shares of common stock pursuant to compensation agreements: an aggregate of 25,812 shares of common stock to board members; and an aggregate total of 438,703 shares of common stock to Executive Officers. Some of these shares or other shares owned by the Company’s employees are included in a 10b5-1 selling plan. The Company charged the amount of $152,726 to operations in connection with stock grants during the three months ended March 31, 2022. Dilutive shares at March 31, 2021: Stock Options The following table summarizes the options outstanding and the related prices for the options to purchase shares of the Company’s common stock issued by the Company at March 31, 2021: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td id="new_id-1524" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1525" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1526" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1527" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1528" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1529" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1530" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1531" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1532" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-1533" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1534" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1535" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1536" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1537" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1538" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1539" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1540" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1541" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1542" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Average </td> <td id="new_id-1543" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1544" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1545" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1546" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1547" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1548" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1549" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1550" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1551" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1552" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Remaining </td> <td id="new_id-1553" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1554" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Exercise </td> <td id="new_id-1555" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1556" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1557" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Number </td> <td id="new_id-1558" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1559" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1560" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Contractual </td> <td id="new_id-1561" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1562" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Price </td> <td id="new_id-1563" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1564" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1565" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> of Options </td> <td id="new_id-1566" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1567" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1568" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Life (years) </td> <td id="new_id-1569" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1570" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1571" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-1572" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1573" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1574" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1575" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1576" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1577" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1578" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1579" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4.75</td> <td id="new_id-1580" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1581" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1582" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-1583" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1584" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1585" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1586" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-1587" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1588" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1589" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1590" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2.75</td> <td id="new_id-1591" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1592" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1593" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-1594" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1595" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1596" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1597" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-1598" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1599" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1600" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1601" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2.75</td> <td id="new_id-1602" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1603" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1604" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-1605" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1606" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1607" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1608" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1609" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1610" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1611" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1612" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4.75</td> <td id="new_id-1613" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1614" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1615" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.10</td> <td id="new_id-1616" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1617" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1618" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1619" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">75,000</td> <td id="new_id-1620" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1621" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1622" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1623" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.12</td> <td id="new_id-1624" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1625" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1626" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.20</td> <td id="new_id-1627" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1628" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1629" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1630" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,050,000</td> <td id="new_id-1631" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1632" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1633" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1634" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2.60</td> <td id="new_id-1635" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1636" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1637" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.50</td> <td id="new_id-1638" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1639" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1640" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1641" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">125,000</td> <td id="new_id-1642" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1643" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1644" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1645" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">0.75</td> <td id="new_id-1646" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1647" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1648" style="text-align: right; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1649" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px;"> </td> <td id="new_id-1650" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1651" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1652" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,250,000</td> <td id="new_id-1653" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1654" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1655" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1656" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2.57</td> <td id="new_id-1657" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> The Company charged the amount of $36,080 to operations in connection with stock options during the three months ended March 31, 2021. Restricted Stock Awards At March 31, 2021 there are 300,000 unvested restricted stock awards remaining from grants in a prior year. Those 300,000 restricted stock awards will vest as follows: 125,000 restricted stock awards will vest contingent upon the attainment of a stock price of $2.00 per share for 20 straight trading days, and an additional 175,000 restricted stock awards will vest contingent upon the attainment of a stock price of $3.00 per share for 20 straight trading days. Stock Grants During the three months ended March 31, 2021, the Company incurred obligations to issue the following shares of common stock pursuant to compensation agreements: an aggregate total of 50,070 shares of common stock to board members and an aggregate total of 236,184 shares to Executive Officers. Some of these shares or other shares owned by the Company’s employees are included in a 10b5-1 plan. The Company charged the amount of $121,711 to operations in connection with stock grants during the three months ended March 31, 2021.

The following table summarizes the options outstanding and the related prices for the options to purchase shares of the Company’s common stock issued by the Company at March 31, 2022: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td id="new_id-1412" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1413" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1414" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1415" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1416" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1417" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1418" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1419" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1420" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-1421" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1422" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1423" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1424" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1425" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1426" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1427" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1428" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1429" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1430" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Average </td> <td id="new_id-1431" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1432" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1433" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1434" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1435" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1436" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1437" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1438" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1439" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1440" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Remaining </td> <td id="new_id-1441" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1442" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Exercise </td> <td id="new_id-1443" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1444" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1445" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;">Number </td> <td id="new_id-1446" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1447" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1448" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Contractual </td> <td id="new_id-1449" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1450" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Price </td> <td id="new_id-1451" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1452" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1453" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">of Options </td> <td id="new_id-1454" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1455" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1456" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Life (years) </td> <td id="new_id-1457" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1458" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1459" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-1460" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1461" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1462" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1463" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1464" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1465" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1466" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1467" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-1468" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1469" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1470" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-1471" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1472" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1473" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1474" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-1475" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1476" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1477" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1478" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-1479" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1480" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1481" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-1482" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1483" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1484" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1485" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-1486" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1487" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1488" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1489" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-1490" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1491" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1492" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-1493" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1494" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1495" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1496" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1497" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1498" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1499" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1500" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-1501" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1502" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1503" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.20</td> <td id="new_id-1504" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1505" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1506" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1507" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,100,000</td> <td id="new_id-1508" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1509" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1510" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1511" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.59</td> <td id="new_id-1512" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1513" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1514" style="text-align: right; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1515" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px;"> </td> <td id="new_id-1516" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1517" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1518" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,100,000</td> <td id="new_id-1519" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1520" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1521" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1522" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1.76</td> <td id="new_id-1523" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td id="new_id-1524" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1525" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1526" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1527" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1528" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1529" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1530" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1531" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1532" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-1533" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1534" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1535" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1536" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1537" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1538" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1539" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1540" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1541" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1542" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Average </td> <td id="new_id-1543" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-1544" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1545" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1546" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1547" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1548" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1549" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1550" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1551" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1552" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Remaining </td> <td id="new_id-1553" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1554" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Exercise </td> <td id="new_id-1555" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1556" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1557" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Number </td> <td id="new_id-1558" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1559" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1560" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Contractual </td> <td id="new_id-1561" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="2" id="new_id-1562" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Price </td> <td id="new_id-1563" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1564" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1565" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> of Options </td> <td id="new_id-1566" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1567" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1568" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Life (years) </td> <td id="new_id-1569" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1570" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1571" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-1572" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1573" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1574" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1575" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1576" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1577" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1578" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1579" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4.75</td> <td id="new_id-1580" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1581" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1582" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-1583" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1584" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1585" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1586" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-1587" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1588" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1589" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1590" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2.75</td> <td id="new_id-1591" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1592" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1593" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-1594" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1595" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1596" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1597" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-1598" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1599" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1600" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1601" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2.75</td> <td id="new_id-1602" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1603" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1604" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-1605" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1606" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1607" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1608" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-1609" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1610" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1611" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1612" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4.75</td> <td id="new_id-1613" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1614" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1615" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.10</td> <td id="new_id-1616" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1617" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1618" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1619" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">75,000</td> <td id="new_id-1620" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1621" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1622" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1623" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.12</td> <td id="new_id-1624" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1625" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1626" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.20</td> <td id="new_id-1627" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1628" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1629" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1630" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,050,000</td> <td id="new_id-1631" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1632" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1633" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1634" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2.60</td> <td id="new_id-1635" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-1636" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1637" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.50</td> <td id="new_id-1638" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1639" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1640" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1641" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">125,000</td> <td id="new_id-1642" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1643" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1644" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1645" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">0.75</td> <td id="new_id-1646" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-1647" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1648" style="text-align: right; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1649" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px;"> </td> <td id="new_id-1650" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1651" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1652" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,250,000</td> <td id="new_id-1653" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1654" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1655" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1656" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2.57</td> <td id="new_id-1657" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> 0.6

50000

P3Y9M

0.62

360000

P1Y9M

0.85

540000

P1Y9M

50000

P3Y9M

1.2

1100000

P1Y7M2D

2100000

P1Y9M3D

300000

125000

175000

25812

438703

152726

0.6

50000

P4Y9M

0.62

360000

P2Y9M

0.85

540000

P2Y9M

50000

P4Y9M

1.1

75000

P0Y1M13D

1.2

1050000

P2Y7M6D

1.5

125000

P0Y9M

2250000

P2Y6M25D

36080

125000

vest contingent upon the attainment of a stock price of $2.00 per share for 20 straight trading days

175000

vest contingent upon the attainment of a stock price of $3.00 per share for 20 straight trading days

50070

236184

Significant Recent Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”), which is intended to simplify various aspects related to accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and also clarifies and amends existing guidance to improve consistent application. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company adopted this standard effective January 1, 2021; adoption of this standard did not have a material effect on our consolidated financial statements and related disclosures. In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40)”. This ASU reduces the number of accounting models for convertible debt instruments and convertible Preferred Stock. As well as amend the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. In addition, this ASU improves and amends the related EPS guidance. This standard is effective for us on January 1, 2022; adoption of this standard did not have a material effect on our consolidated financial statements and related disclosures. Management does not believe that any other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the accompanying consolidated financial statements.

3. ACCOUNTS RECEIVABLE At March 31, 2022 and December 31, 2021, accounts receivable consists of: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1658" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1659" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1660" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1661" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1662" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1663" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1664" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1665" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1666" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1667" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1668" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1669" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1670" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Accounts receivable from customers </td> <td id="new_id-1671" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1672" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1673" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,795,831</td> <td id="new_id-1674" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1675" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1676" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1677" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,632,695</td> <td id="new_id-1678" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Allowance for doubtful accounts </td> <td id="new_id-1679" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1680" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1681" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(373,828</td> <td id="new_id-1682" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-1683" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1684" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1685" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(375,931</td> <td id="new_id-1686" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Accounts receivable, net </td> <td id="new_id-1687" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1688" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1689" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,422,003</td> <td id="new_id-1690" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1691" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1692" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1693" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,256,764</td> <td id="new_id-1694" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> During the three months ended March 31, 2022 the Company credited the amount of $1,115 to bad debt expense due to a bad debt recovery; during the previous period the Company charged the amount of $2,721, to bad debt expense.

At March 31, 2022 and December 31, 2021, accounts receivable consists of: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1658" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1659" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1660" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1661" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1662" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1663" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1664" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1665" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1666" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1667" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1668" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1669" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1670" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Accounts receivable from customers </td> <td id="new_id-1671" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1672" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1673" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,795,831</td> <td id="new_id-1674" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1675" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1676" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1677" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,632,695</td> <td id="new_id-1678" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Allowance for doubtful accounts </td> <td id="new_id-1679" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1680" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1681" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(373,828</td> <td id="new_id-1682" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-1683" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1684" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1685" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(375,931</td> <td id="new_id-1686" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Accounts receivable, net </td> <td id="new_id-1687" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1688" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1689" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,422,003</td> <td id="new_id-1690" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1691" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1692" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1693" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,256,764</td> <td id="new_id-1694" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

3795831

3632695

373828

375931

3422003

3256764

1115

2721

4. INVENTORY Inventory consists primarily of specialty food products. At March 31, 2022 and December 31, 2021, inventory consisted of the following: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1695" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1696" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1697" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1698" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1699" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1700" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1701" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1702" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1703" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1704" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1705" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1706" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1707" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Finished Goods Inventory </td> <td id="new_id-1708" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1709" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1710" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,209,945</td> <td id="new_id-1711" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1712" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1713" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1714" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,109,984</td> <td id="new_id-1715" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

Inventory consists primarily of specialty food products. At March 31, 2022 and December 31, 2021, inventory consisted of the following: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1695" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1696" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1697" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1698" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1699" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1700" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1701" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1702" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1703" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1704" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1705" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1706" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1707" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Finished Goods Inventory </td> <td id="new_id-1708" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1709" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1710" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,209,945</td> <td id="new_id-1711" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1712" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1713" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1714" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">3,109,984</td> <td id="new_id-1715" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

3209945

3109984

5. PROPERTY AND EQUIPMENT Acquisition of Building The Company owns a building and property located at 28411 Race Track Road, Bonita Springs, Florida 34135. The property consists of approximately 1.1 acres of land and approximately 10,000 square feet of combined office and warehouse space, and was purchased as part of a bank short sale. The Company moved its operations to these premises on July 15, 2013. The purchase price of the property was $792,758. On May 14, 2015, the Company purchased a building and property located at 2528 S. 27th Avenue, Broadview, Illinois 60155. The property consists of approximately 1.33 acres of land and approximately 28,711 square feet of combined office and warehouse space. The purchase price of $914,350 was initially financed primarily by a draw-down of $900,000 on the Company’s credit facility with Fifth Third Bank, National Association (“Fifth Third Bank”). On May 29, 2015, a permanent financing facility was provided by Fifth Third Bank in the form of a loan in the amount of $980,000. $900,000 of this amount was used to pay the balance of the credit facility; the additional $80,000 was used for refrigeration and other improvements at the property. The interest on the loan is at the LIBOR rate plus 3.0%. The building is used for office and warehouse space primarily for the Company’s Artisan subsidiary. We have also recently completed an additional property improvement and upgrade buildout at the Artisan building which include a fully functional commercial test kitchen and training center and conference room. The test kitchen and training room is used by Artisan and other subsidiaries of the Company for the purposes of new product testing and development and approval, Quality Assurance and Quality Control as well as sales presentations and customer demonstrations. In addition, we added a packaging room to the Artisan building, which is built to FDA, FSMA and SQF food safety standards and purchased new, technologically advanced semi-automated fillers for the packaging room. The packaging room addition will allow for expansion of private label product lines as well as packing of organic, non-GMO, diet specific and other specialty foods. The test kitchen, packaging room and additional improvements were financed by a loan from Fifth Third Bank. Depreciation on the building and the related improvements, furniture, fixtures, and equipment began when the Company occupied the facility in October, 2015. On November 8, 2019 the Company, through a newly formed wholly-owned subsidiary, purchased a logistics and warehouse facility (the “Facility”) for $4.5 million. The Facility is approximately 200,000 square feet and is situated on approximately 15 acres in Mountain Top, Pennsylvania. The Facility’s appraised value by a third party appraisal firm in 2022 was $16,400,000. Related to the Facility purchase, the Company entered into a commercial loan agreement for both the purchase price and planned improvements to the Facility. The amount of the loan was $5,500,000, of which $3,600,000 had been utilized at December 31, 2021 in connection with the purchase of the Facility; the lender is Fifth Third Bank and the loan is secured by a mortgage on the property and other Company assets. The interest on the loan is LIBOR plus 2.75%, with interest only payments due through September 30, 2020, thereafter with principal amortized over 20 years with the balance due at maturity on September 2, 2025. Related to Facility purchase, the Company also acquired certain leases from certain tenants of the Facility, all of which were in good standing at the time of purchase. Depreciation on the building began when the Company commenced recognizing revenue from leasing and logistics services associated with the Facility. On October 5, 2020, the Company completed work to upgrade the Facility at a cost of $2,231,458 in order to better support the Company’s focus on e-commerce and logistics. Of the build out costs, $1,900,000 was funded by the loan described below (See Note 13). The following table summarizes property and equipment at March 31, 2022 and December 31, 2021: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1716" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1717" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1718" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1719" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1720" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1721" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1722" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1723" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1724" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1725" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1726" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1727" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1728" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Land </td> <td id="new_id-1729" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1730" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1731" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,256,895</td> <td id="new_id-1732" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1733" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1734" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1735" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,256,895</td> <td id="new_id-1736" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Building </td> <td id="new_id-1737" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1738" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1739" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,191,451</td> <td id="new_id-1740" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1741" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1742" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1743" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,191,451</td> <td id="new_id-1744" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Computer and Office Equipment </td> <td id="new_id-1745" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1746" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1747" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">598,326</td> <td id="new_id-1748" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1749" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1750" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1751" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">593,566</td> <td id="new_id-1752" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Warehouse Equipment </td> <td id="new_id-1753" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1754" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1755" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">376,667</td> <td id="new_id-1756" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1757" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1758" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1759" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">376,667</td> <td id="new_id-1760" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Furniture and Fixtures </td> <td id="new_id-1761" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1762" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1763" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">944,233</td> <td id="new_id-1764" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1765" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1766" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1767" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">944,233</td> <td id="new_id-1768" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Vehicles </td> <td id="new_id-1769" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1770" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1771" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">109,441</td> <td id="new_id-1772" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1773" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1774" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1775" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">109,441</td> <td id="new_id-1776" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total before accumulated depreciation </td> <td id="new_id-1777" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1778" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1779" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">10,477,013</td> <td id="new_id-1780" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1781" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1782" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1783" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">10,472,253</td> <td id="new_id-1784" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Less: accumulated depreciation </td> <td id="new_id-1785" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1786" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1787" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(2,382,975</td> <td id="new_id-1788" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-1789" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1790" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1791" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(2,286,026</td> <td id="new_id-1792" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1793" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1794" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1795" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,094,038</td> <td id="new_id-1796" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1797" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1798" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1799" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,186,227</td> <td id="new_id-1800" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Depreciation and amortization expense for property and equipment amounted to $96,949 and $100,164 for the three months ended March 31, 2022 and 2021, respectively.

1.1

10000

792758

1.33

28711

914350

900000

980000000000

900000

80000

0.03

4500000

200000

5500000

3600000

0.0275

P20Y

2231458

1900000

The following table summarizes property and equipment at March 31, 2022 and December 31, 2021: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1716" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1717" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1718" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1719" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1720" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1721" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1722" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1723" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1724" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1725" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1726" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1727" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1728" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Land </td> <td id="new_id-1729" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1730" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1731" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,256,895</td> <td id="new_id-1732" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1733" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1734" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1735" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,256,895</td> <td id="new_id-1736" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Building </td> <td id="new_id-1737" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1738" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1739" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,191,451</td> <td id="new_id-1740" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1741" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1742" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1743" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,191,451</td> <td id="new_id-1744" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Computer and Office Equipment </td> <td id="new_id-1745" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1746" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1747" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">598,326</td> <td id="new_id-1748" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1749" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1750" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1751" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">593,566</td> <td id="new_id-1752" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Warehouse Equipment </td> <td id="new_id-1753" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1754" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1755" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">376,667</td> <td id="new_id-1756" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1757" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1758" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1759" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">376,667</td> <td id="new_id-1760" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Furniture and Fixtures </td> <td id="new_id-1761" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1762" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1763" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">944,233</td> <td id="new_id-1764" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1765" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1766" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1767" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">944,233</td> <td id="new_id-1768" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Vehicles </td> <td id="new_id-1769" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1770" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1771" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">109,441</td> <td id="new_id-1772" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1773" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1774" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1775" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">109,441</td> <td id="new_id-1776" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total before accumulated depreciation </td> <td id="new_id-1777" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1778" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1779" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">10,477,013</td> <td id="new_id-1780" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1781" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1782" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1783" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">10,472,253</td> <td id="new_id-1784" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Less: accumulated depreciation </td> <td id="new_id-1785" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1786" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1787" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(2,382,975</td> <td id="new_id-1788" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-1789" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1790" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1791" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(2,286,026</td> <td id="new_id-1792" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1793" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1794" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1795" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,094,038</td> <td id="new_id-1796" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1797" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1798" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1799" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,186,227</td> <td id="new_id-1800" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

1256895

7191451

598326

593566

376667

944233

109441

10477013

10472253

2382975

2286026

8094038

8186227

96949

100164

6. RIGHT TO USE ASSETS AND LEASE LIABILITIES – OPERATING LEASES The Company has operating leases for offices, warehouses, vehicles, and office equipment. The Company’s leases have remaining lease terms of 1 year to 3 years, some of which include options to extend. The Company’s lease expense for the three months ended March 31, 2022 and 2021 was entirely comprised of operating leases and amounted to $23,244 and $26,855, respectively. The Company’s ROU asset amortization for the three months ended March 31, 2022 and 2021 was $19,691 and $22,929, respectively. Right to use assets – operating leases are summarized below: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1801" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1802" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1803" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1804" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1805" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1806" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1807" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1808" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1809" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1810" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1811" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1812" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1813" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Office </td> <td id="new_id-1814" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1815" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1816" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">138,496</td> <td id="new_id-1817" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1818" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1819" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1820" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">148,529</td> <td id="new_id-1821" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Warehouse equipment </td> <td id="new_id-1822" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1823" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1824" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">49,131</td> <td id="new_id-1825" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1826" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1827" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1828" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">55,047</td> <td id="new_id-1829" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Office equipment </td> <td id="new_id-1830" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1831" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1832" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">11,847</td> <td id="new_id-1833" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1834" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1835" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1836" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">12,677</td> <td id="new_id-1837" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Vehicles </td> <td id="new_id-1838" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1839" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1840" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1841" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1842" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1843" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1844" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">16,128</td> <td id="new_id-1845" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Right of use assets - operating leases, net </td> <td id="new_id-1846" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1847" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1848" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">199,474</td> <td id="new_id-1849" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1850" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1851" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1852" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">232,381</td> <td id="new_id-1853" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Operating lease liabilities are summarized below: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1854" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1855" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1856" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1857" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1858" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1859" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1860" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1861" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1862" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1863" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1864" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1865" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1866" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Office </td> <td id="new_id-1867" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1868" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1869" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">138,496</td> <td id="new_id-1870" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1871" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1872" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1873" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">148,529</td> <td id="new_id-1874" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Warehouse equipment </td> <td id="new_id-1875" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1876" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1877" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">49,131</td> <td id="new_id-1878" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1879" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1880" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1881" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">55,047</td> <td id="new_id-1882" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Office equipment </td> <td id="new_id-1883" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1884" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1885" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">11,847</td> <td id="new_id-1886" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1887" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1888" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1889" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">12,677</td> <td id="new_id-1890" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Vehicles </td> <td id="new_id-1891" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1892" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1893" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1894" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1895" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1896" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1897" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">16,128</td> <td id="new_id-1898" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Lease liability </td> <td id="new_id-1899" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1900" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1901" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">199,474</td> <td id="new_id-1902" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1903" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1904" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1905" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">232,381</td> <td id="new_id-1906" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Less: current portion </td> <td id="new_id-1907" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1908" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1909" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(63,361</td> <td id="new_id-1910" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-1911" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1912" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1913" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(74,088</td> <td id="new_id-1914" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Lease liability, non-current </td> <td id="new_id-1915" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1916" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1917" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">136,113</td> <td id="new_id-1918" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1919" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1920" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1921" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">158,293</td> <td id="new_id-1922" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Maturity analysis under these lease agreements are as follows: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 81%;"> For the period ended March 31, 2023 </td> <td id="new_id-1923" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1924" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1925" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">74,849</td> <td id="new_id-1926" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> For the period ended March 31, 2024 </td> <td id="new_id-1927" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1928" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1929" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">71,116</td> <td id="new_id-1930" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> For the period ended March 31, 2025 </td> <td id="new_id-1931" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1932" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1933" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">68,055</td> <td id="new_id-1934" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> For the period ended March 31, 2026 </td> <td id="new_id-1935" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1936" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1937" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,057</td> <td id="new_id-1938" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> For the period ended March 31, 2027 </td> <td id="new_id-1939" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1940" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1941" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1942" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1943" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1944" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1945" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">221,077</td> <td id="new_id-1946" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Less: Present value discount </td> <td id="new_id-1947" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1948" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1949" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(21,603</td> <td id="new_id-1950" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Lease liability </td> <td id="new_id-1951" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1952" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1953" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">199,474</td> <td id="new_id-1954" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

P1Y

P3Y

23244

26855

19691

22929

Right to use assets – operating leases are summarized below: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1801" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1802" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1803" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1804" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1805" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1806" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1807" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1808" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1809" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1810" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1811" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1812" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1813" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Office </td> <td id="new_id-1814" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1815" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1816" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">138,496</td> <td id="new_id-1817" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1818" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1819" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1820" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">148,529</td> <td id="new_id-1821" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Warehouse equipment </td> <td id="new_id-1822" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1823" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1824" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">49,131</td> <td id="new_id-1825" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1826" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1827" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1828" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">55,047</td> <td id="new_id-1829" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Office equipment </td> <td id="new_id-1830" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1831" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1832" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">11,847</td> <td id="new_id-1833" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1834" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1835" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1836" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">12,677</td> <td id="new_id-1837" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Vehicles </td> <td id="new_id-1838" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1839" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1840" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1841" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1842" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1843" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1844" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">16,128</td> <td id="new_id-1845" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Right of use assets - operating leases, net </td> <td id="new_id-1846" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1847" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1848" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">199,474</td> <td id="new_id-1849" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1850" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1851" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1852" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">232,381</td> <td id="new_id-1853" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

138496

148529

49131

55047

11847

12677

16128

199474

232381

Operating lease liabilities are summarized below: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1854" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1855" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1856" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1857" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1858" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1859" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1860" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1861" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1862" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1863" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1864" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1865" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1866" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Office </td> <td id="new_id-1867" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1868" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1869" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">138,496</td> <td id="new_id-1870" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1871" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1872" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1873" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">148,529</td> <td id="new_id-1874" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Warehouse equipment </td> <td id="new_id-1875" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1876" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1877" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">49,131</td> <td id="new_id-1878" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1879" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1880" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1881" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">55,047</td> <td id="new_id-1882" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Office equipment </td> <td id="new_id-1883" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1884" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1885" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">11,847</td> <td id="new_id-1886" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1887" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1888" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1889" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">12,677</td> <td id="new_id-1890" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Vehicles </td> <td id="new_id-1891" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1892" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1893" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1894" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1895" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1896" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1897" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">16,128</td> <td id="new_id-1898" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Lease liability </td> <td id="new_id-1899" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1900" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1901" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">199,474</td> <td id="new_id-1902" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1903" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1904" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1905" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">232,381</td> <td id="new_id-1906" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Less: current portion </td> <td id="new_id-1907" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1908" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1909" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(63,361</td> <td id="new_id-1910" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-1911" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1912" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1913" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(74,088</td> <td id="new_id-1914" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Lease liability, non-current </td> <td id="new_id-1915" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1916" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1917" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">136,113</td> <td id="new_id-1918" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1919" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1920" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1921" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">158,293</td> <td id="new_id-1922" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

138496

148529

49131

55047

11847

12677

16128

199474

232381

63361

74088

136113

158293

Maturity analysis under these lease agreements are as follows: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 81%;"> For the period ended March 31, 2023 </td> <td id="new_id-1923" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1924" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1925" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">74,849</td> <td id="new_id-1926" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> For the period ended March 31, 2024 </td> <td id="new_id-1927" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1928" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1929" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">71,116</td> <td id="new_id-1930" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> For the period ended March 31, 2025 </td> <td id="new_id-1931" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1932" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1933" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">68,055</td> <td id="new_id-1934" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> For the period ended March 31, 2026 </td> <td id="new_id-1935" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1936" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1937" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,057</td> <td id="new_id-1938" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> For the period ended March 31, 2027 </td> <td id="new_id-1939" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1940" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1941" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1942" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1943" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1944" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1945" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">221,077</td> <td id="new_id-1946" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Less: Present value discount </td> <td id="new_id-1947" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1948" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1949" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(21,603</td> <td id="new_id-1950" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Lease liability </td> <td id="new_id-1951" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1952" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1953" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">199,474</td> <td id="new_id-1954" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

74849

71116

68055

7057

221077

21603

199474

7. RIGHT TO USE ASSETS – FINANCING LEASES The Company has financing leases for vehicles and warehouse equipment. See note 14. Right to use asset – financing leases are summarized below: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1955" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1956" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1957" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1958" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1959" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1960" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1961" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1962" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1963" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1964" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1965" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1966" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1967" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Vehicles </td> <td id="new_id-1968" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1969" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1970" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">404,858</td> <td id="new_id-1971" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1972" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1973" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1974" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">362,358</td> <td id="new_id-1975" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Warehouse Equipment </td> <td id="new_id-1976" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1977" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1978" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">555,416</td> <td id="new_id-1979" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1980" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1981" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1982" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">555,416</td> <td id="new_id-1983" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total before accumulated depreciation </td> <td id="new_id-1984" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1985" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1986" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">960,274</td> <td id="new_id-1987" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1988" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1989" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1990" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">917,774</td> <td id="new_id-1991" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Less: accumulated depreciation </td> <td id="new_id-1992" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1993" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1994" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(279,916</td> <td id="new_id-1995" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-1996" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1997" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1998" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(248,735</td> <td id="new_id-1999" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total right to use assets - financing leases, net </td> <td id="new_id-2000" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2001" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2002" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">680,358</td> <td id="new_id-2003" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2004" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2005" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2006" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">669,039</td> <td id="new_id-2007" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Depreciation expense for right to use assets for the three months ended March 31, 2022 and 2021 was $31,181 and $32,820, respectively.

The Company has financing leases for vehicles and warehouse equipment. See note 14. Right to use asset – financing leases are summarized below: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1955" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1956" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-1957" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1958" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1959" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-1960" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1961" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1962" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-1963" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1964" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1965" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1966" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1967" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Vehicles </td> <td id="new_id-1968" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1969" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1970" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">404,858</td> <td id="new_id-1971" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1972" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1973" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1974" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">362,358</td> <td id="new_id-1975" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Warehouse Equipment </td> <td id="new_id-1976" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1977" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1978" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">555,416</td> <td id="new_id-1979" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1980" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1981" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1982" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">555,416</td> <td id="new_id-1983" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total before accumulated depreciation </td> <td id="new_id-1984" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1985" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1986" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">960,274</td> <td id="new_id-1987" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1988" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1989" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1990" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">917,774</td> <td id="new_id-1991" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Less: accumulated depreciation </td> <td id="new_id-1992" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1993" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1994" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(279,916</td> <td id="new_id-1995" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-1996" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1997" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1998" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(248,735</td> <td id="new_id-1999" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total right to use assets - financing leases, net </td> <td id="new_id-2000" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2001" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2002" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">680,358</td> <td id="new_id-2003" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2004" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2005" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2006" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">669,039</td> <td id="new_id-2007" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

404858

362358

555416

960274

917774

279916

248735

680358

669039

31181

32820

8. INVESTMENTS The Company has made investments in certain early stage food related companies which it expects can benefit from synergies with the Company’s various operating businesses. At March 31, 2022 and 2021 the Company has investments in seven food related companies in the aggregate amount of $286,725. The Company does not have significant influence over the operations of these companies. The Company’s investments may take the form of debt, equity, or equity in the future including convertible notes and other instruments which provide for future equity under various scenarios including subsequent financings or initial public offerings. The Company has evaluated the guidance in ASC No. 325-20, “Investments – Other”, in determining to account for the investment using the cost method since the equity securities are not marketable and do not give the Company significant influence. During the three months ended March 31, 2021, the founder of one of the food related companies passed away in an untimely tragic accident, and as a result the food related company ceased operations and the Company recognized an impairment in the amount of $209,850 in connection with that investment.

the Company has investments in seven food related companies

286725

209850

9. INTANGIBLE ASSETS The Company acquired certain intangible assets pursuant to the acquisitions through Artisan, Oasis, Innovative Gourmet, OFB, Haley, and M Innovations. These assets include non-compete agreements, customer relationships, trade names, internally developed technology, and goodwill. The Company has also capitalized the development of its website. As detailed in ASC 350 “Intangibles - Goodwill and Other”, the Company tests for goodwill impairment in the fourth quarter of each year and whenever events or changes in circumstances indicate that the carrying amount of the asset exceeds its fair value and may not be recoverable. As detailed in ASC 350-20-35-3A, in performing its testing for goodwill impairment, management has completed a qualitative analysis to determine whether it was more likely than not that the fair value of the Company’s reporting unit is less than its carrying amount, including goodwill. To complete this review, management followed the steps in ASC 350-20-35-3C to evaluate the fair value of goodwill and considered all known events and circumstances that might trigger an impairment of goodwill. COVID-19 has had a material negative impact on some of the Company’s foodservice customers. In an effort to limit the spread of the virus, federal, state and local governments have implemented measures that have resulted in the closure of non-essential businesses in many of the markets the Company serves, which has forced its customers in those markets to either transition their establishments to take-out service, delivery service or temporarily cease operations. These actions have led to a significant decrease in demand for certain of the Company’s foodservice products. The adverse impact to the Company’s foodservice customer base was a triggering event and accordingly, as required by ASC 350, the Company performed interim goodwill and long-lived asset quantitative impairment tests during the first quarter of 2020. While the triggering event was a result of the negative impact related to foodservice customers, the applicable accounting rules then required an impairment test targeted specifically to any available carrying value of goodwill or intangible assets. During the first quarter of 2020, the Company performed the impairment tests on certain intangible assets and goodwill pursuant to the acquisitions through Artisan, Oasis, Innovative Gourmet and M Innovations; the intangible assets acquired pursuant to the acquisitions of OFB and Haley were fully amortized at the time of the impairment test. Long-lived Impairment Test Long-lived assets, including other intangible assets, were tested for recoverability at the asset group level. The Company estimated the net undiscounted cash flows expected to be generated from the asset group over the expected useful life of the asset group’s primary asset. Key assumptions include future revenues, growth rates, estimates of future levels of gross profit and operating profit and projected capital expenditures necessary to maintain the operating capacity of each asset group. As a result of the impairment test, it was calculated that the net carrying values of other intangible assets exceeded the undiscounted cash flows for each of the Company’s asset groups by a total of $1,048,692, and the Company was required by the applicable accounting rules to record an impairment charge to operations during the year ended December 31, 2020. At March 31, 2022 and December 31, 2021, the net carrying value of other intangible assets on the Company’s balance sheet was $1,594,809 and $1,605,040, respectively. The Company acquired certain intangible assets pursuant to the acquisitions through Artisan, Oasis, Innovative Gourmet, OFB, Haley, and M Innovations. The following is the net book value of these assets: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2008" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="10" id="new_id-2009" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 (unaudited) </td> <td id="new_id-2010" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2011" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2012" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2013" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2014" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2015" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2016" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Accumulated </td> <td id="new_id-2017" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2018" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2019" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2020" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2021" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2022" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2023" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Gross </td> <td id="new_id-2024" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2025" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2026" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Amortization and Impairment </td> <td id="new_id-2027" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2028" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2029" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Net </td> <td id="new_id-2030" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 55%;"> Non-Compete Agreement - amortizable </td> <td id="new_id-2031" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2032" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2033" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">505,900</td> <td id="new_id-2034" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2035" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2036" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2037" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(505,900</td> <td id="new_id-2038" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2039" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2040" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2041" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2042" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Customer Relationships - amortizable </td> <td id="new_id-2043" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2044" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2045" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,068,034</td> <td id="new_id-2046" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2047" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2048" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2049" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(3,068,034</td> <td id="new_id-2050" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2051" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2052" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2053" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2054" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Trade Name </td> <td id="new_id-2055" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2056" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2057" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,532,822</td> <td id="new_id-2058" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2059" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2060" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2061" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2062" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2063" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2064" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2065" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,532,822</td> <td id="new_id-2066" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Internally Developed Technology - amortizable </td> <td id="new_id-2067" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2068" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2069" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">875,643</td> <td id="new_id-2070" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2071" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2072" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2073" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(875,643</td> <td id="new_id-2074" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2075" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2076" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2077" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2078" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Goodwill </td> <td id="new_id-2079" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2080" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2081" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">650,243</td> <td id="new_id-2082" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2083" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2084" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2085" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(650,243</td> <td id="new_id-2086" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2087" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2088" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2089" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2090" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Website - amortizable </td> <td id="new_id-2091" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2092" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2093" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">84,000</td> <td id="new_id-2094" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2095" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2096" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2097" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(22,013</td> <td id="new_id-2098" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-2099" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2100" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2101" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">61,987</td> <td id="new_id-2102" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2103" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2104" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2105" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">6,716,642</td> <td id="new_id-2106" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2107" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2108" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2109" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">(5,121,833</td> <td id="new_id-2110" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"> ) </td> <td id="new_id-2111" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2112" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2113" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1,594,809</td> <td id="new_id-2114" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2115" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="10" id="new_id-2116" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-2117" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2118" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2119" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2120" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2121" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2122" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2123" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Accumulated </td> <td id="new_id-2124" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2125" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2126" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2127" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2128" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2129" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2130" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Cost </td> <td id="new_id-2131" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2132" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2133" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Amortization </td> <td id="new_id-2134" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2135" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2136" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Net </td> <td id="new_id-2137" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 55%;"> Non-Compete Agreement - amortizable </td> <td id="new_id-2138" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2139" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2140" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">505,900</td> <td id="new_id-2141" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2142" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2143" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2144" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(505,900</td> <td id="new_id-2145" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2146" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2147" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2148" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2149" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Customer Relationships - amortizable </td> <td id="new_id-2150" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2151" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2152" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,068,034</td> <td id="new_id-2153" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2154" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2155" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2156" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(3,068,034</td> <td id="new_id-2157" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2158" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2159" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2160" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2161" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Trade Name </td> <td id="new_id-2162" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2163" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2164" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,532,822</td> <td id="new_id-2165" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2166" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2167" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2168" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2169" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2170" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2171" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2172" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,532,822</td> <td id="new_id-2173" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Internally Developed Technology </td> <td id="new_id-2174" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2175" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2176" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">875,643</td> <td id="new_id-2177" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2178" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2179" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2180" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(875,643</td> <td id="new_id-2181" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2182" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2183" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2184" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2185" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Goodwill </td> <td id="new_id-2186" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2187" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2188" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">650,243</td> <td id="new_id-2189" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2190" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2191" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2192" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(650,243</td> <td id="new_id-2193" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2194" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2195" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2196" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2197" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Website </td> <td id="new_id-2198" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2199" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2200" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">84,000</td> <td id="new_id-2201" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2202" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2203" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2204" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(11,782</td> <td id="new_id-2205" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-2206" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2207" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2208" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">72,218</td> <td id="new_id-2209" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2210" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2211" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2212" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">6,716,642</td> <td id="new_id-2213" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2214" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2215" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2216" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">(5,111,602</td> <td id="new_id-2217" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"> ) </td> <td id="new_id-2218" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2219" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2220" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1,605,040</td> <td id="new_id-2221" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Total amortization expense for the three months ended March 31, 2022 and 2021 was $10,231 and $2,870, respectively.

1048692

1594809

1605040

The following is the net book value of these assets:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2008" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="10" id="new_id-2009" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 (unaudited) </td> <td id="new_id-2010" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2011" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2012" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2013" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2014" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2015" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2016" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Accumulated </td> <td id="new_id-2017" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2018" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2019" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2020" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2021" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2022" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2023" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Gross </td> <td id="new_id-2024" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2025" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2026" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Amortization and Impairment </td> <td id="new_id-2027" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2028" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2029" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Net </td> <td id="new_id-2030" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 55%;"> Non-Compete Agreement - amortizable </td> <td id="new_id-2031" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2032" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2033" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">505,900</td> <td id="new_id-2034" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2035" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2036" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2037" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(505,900</td> <td id="new_id-2038" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2039" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2040" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2041" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2042" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Customer Relationships - amortizable </td> <td id="new_id-2043" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2044" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2045" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,068,034</td> <td id="new_id-2046" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2047" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2048" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2049" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(3,068,034</td> <td id="new_id-2050" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2051" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2052" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2053" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2054" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Trade Name </td> <td id="new_id-2055" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2056" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2057" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,532,822</td> <td id="new_id-2058" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2059" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2060" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2061" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2062" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2063" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2064" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2065" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,532,822</td> <td id="new_id-2066" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Internally Developed Technology - amortizable </td> <td id="new_id-2067" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2068" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2069" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">875,643</td> <td id="new_id-2070" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2071" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2072" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2073" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(875,643</td> <td id="new_id-2074" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2075" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2076" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2077" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2078" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Goodwill </td> <td id="new_id-2079" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2080" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2081" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">650,243</td> <td id="new_id-2082" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2083" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2084" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2085" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(650,243</td> <td id="new_id-2086" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2087" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2088" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2089" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2090" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Website - amortizable </td> <td id="new_id-2091" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2092" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2093" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">84,000</td> <td id="new_id-2094" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2095" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2096" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2097" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(22,013</td> <td id="new_id-2098" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-2099" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2100" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2101" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">61,987</td> <td id="new_id-2102" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2103" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2104" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2105" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">6,716,642</td> <td id="new_id-2106" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2107" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2108" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2109" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">(5,121,833</td> <td id="new_id-2110" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"> ) </td> <td id="new_id-2111" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2112" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2113" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1,594,809</td> <td id="new_id-2114" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2115" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="10" id="new_id-2116" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-2117" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2118" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2119" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2120" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2121" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2122" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2123" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Accumulated </td> <td id="new_id-2124" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2125" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2126" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2127" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2128" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2129" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2130" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Cost </td> <td id="new_id-2131" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2132" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2133" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Amortization </td> <td id="new_id-2134" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2135" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2136" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Net </td> <td id="new_id-2137" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 55%;"> Non-Compete Agreement - amortizable </td> <td id="new_id-2138" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2139" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2140" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">505,900</td> <td id="new_id-2141" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2142" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2143" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2144" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(505,900</td> <td id="new_id-2145" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2146" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2147" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2148" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2149" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Customer Relationships - amortizable </td> <td id="new_id-2150" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2151" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2152" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,068,034</td> <td id="new_id-2153" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2154" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2155" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2156" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(3,068,034</td> <td id="new_id-2157" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2158" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2159" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2160" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2161" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Trade Name </td> <td id="new_id-2162" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2163" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2164" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,532,822</td> <td id="new_id-2165" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2166" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2167" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2168" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2169" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2170" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2171" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2172" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,532,822</td> <td id="new_id-2173" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Internally Developed Technology </td> <td id="new_id-2174" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2175" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2176" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">875,643</td> <td id="new_id-2177" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2178" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2179" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2180" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(875,643</td> <td id="new_id-2181" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2182" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2183" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2184" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2185" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Goodwill </td> <td id="new_id-2186" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2187" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2188" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">650,243</td> <td id="new_id-2189" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2190" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2191" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2192" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(650,243</td> <td id="new_id-2193" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> ) </td> <td id="new_id-2194" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2195" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2196" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2197" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Website </td> <td id="new_id-2198" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2199" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2200" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">84,000</td> <td id="new_id-2201" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2202" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2203" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2204" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(11,782</td> <td id="new_id-2205" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-2206" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2207" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2208" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">72,218</td> <td id="new_id-2209" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2210" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2211" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2212" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">6,716,642</td> <td id="new_id-2213" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2214" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2215" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2216" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">(5,111,602</td> <td id="new_id-2217" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;"> ) </td> <td id="new_id-2218" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2219" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2220" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1,605,040</td> <td id="new_id-2221" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

505900

-505900

3068034

-3068034

1532822

875643

-875643

650243

-650243

84000

-22013

61987

6716642

-5121833

1594809

505900

-505900

3068034

-3068034

1532822

875643

-875643

650243

-650243

84000

-11782

72218

6716642

-5111602

1605040

10231

2870

10. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Accounts payable and accrued liabilities at March 31, 2022 and December 31, 2021 are as follows: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2222" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2223" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-2224" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2225" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2226" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-2227" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2228" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2229" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-2230" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2231" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2232" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2233" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2234" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Trade payables and accrued liabilities </td> <td id="new_id-2235" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2236" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2237" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,213,969</td> <td id="new_id-2238" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2239" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2240" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2241" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">5,414,731</td> <td id="new_id-2242" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Accrued payroll and commissions </td> <td id="new_id-2243" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2244" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2245" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">259,471</td> <td id="new_id-2246" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2247" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2248" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2249" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">288,174</td> <td id="new_id-2250" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2251" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2252" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2253" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">4,473,440</td> <td id="new_id-2254" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2255" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2256" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2257" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,702,905</td> <td id="new_id-2258" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

Accounts payable and accrued liabilities at March 31, 2022 and December 31, 2021 are as follows: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2222" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2223" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-2224" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2225" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2226" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-2227" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2228" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2229" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-2230" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2231" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2232" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2233" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2234" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Trade payables and accrued liabilities </td> <td id="new_id-2235" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2236" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2237" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,213,969</td> <td id="new_id-2238" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2239" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2240" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2241" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">5,414,731</td> <td id="new_id-2242" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Accrued payroll and commissions </td> <td id="new_id-2243" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2244" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2245" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">259,471</td> <td id="new_id-2246" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2247" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2248" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2249" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">288,174</td> <td id="new_id-2250" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2251" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2252" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2253" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">4,473,440</td> <td id="new_id-2254" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2255" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2256" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2257" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,702,905</td> <td id="new_id-2258" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

4213969

5414731

259471

288174

4473440

5702905

11. ACCRUED INTEREST At March 31, 2022, accrued interest on notes outstanding was $42,794. During the three months ended March 31, 2022 and 2021, the Company paid cash for interest in the aggregate amount of $84,961 and $83,275, respectively.

42794

84961

83275

12. REVOLVING CREDIT FACILITIES <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2259" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2260" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-2261" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2262" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2263" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-2264" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2265" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2266" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-2267" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2268" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2269" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2270" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2271" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2272" style="font-size: 9pt;"> </td> <td id="new_id-2273" style="font-size: 9pt;"> </td> <td id="new_id-2274" style="font-size: 9pt;"> </td> <td id="new_id-2275" style="font-size: 9pt;"> </td> <td id="new_id-2276" style="font-size: 9pt;"> </td> <td id="new_id-2277" style="font-size: 9pt;"> </td> <td id="new_id-2278" style="font-size: 9pt;"> </td> <td id="new_id-2279" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; width: 70%;"> Line of credit facility with Fifth Third Bank in the original amount of $2,000,000 with an interest rate of LIBOR plus 3.00% (the “Fifth Third Bank Line of Credit”). Effective August 1, 2019, this credit facility was extended to August 1, 2021. Effective as of July 31, 2021 this credit facility was extended to November 1, 2021: effective as of October 29, 2021, this credit facility was extended to March 1, 2022; and effective March 1, 2022, this credit facility was extended to June 30, 2022. The debt covenants of this credit facility were waived until June 30, 2022. On March 20, 2020, the Company drew down the amount of $2,000,000. During the three months ended March 31, 2022 and 2021, the Company paid interest in the amount of $22,222 and $17,083 respectively, on the Fifth Third Bank Line of Credit. </td> <td id="new_id-2280" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2281" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2282" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">2,000,000</td> <td id="new_id-2283" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2284" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2285" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2286" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">2,000,000</td> <td id="new_id-2287" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2288" style="font-size: 9pt;"> </td> <td id="new_id-2289" style="font-size: 9pt;"> </td> <td id="new_id-2290" style="font-size: 9pt;"> </td> <td id="new_id-2291" style="font-size: 9pt;"> </td> <td id="new_id-2292" style="font-size: 9pt;"> </td> <td id="new_id-2293" style="font-size: 9pt;"> </td> <td id="new_id-2294" style="font-size: 9pt;"> </td> <td id="new_id-2295" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Total </td> <td id="new_id-2296" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2297" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2298" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,000,000</td> <td id="new_id-2299" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2300" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2301" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2302" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,000,000</td> <td id="new_id-2303" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

2000000

0.03

2021-08-01

2021-11-01

2022-03-01

2022-06-30

22222

17083

2000000

13. NOTES PAYABLE <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2304" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2305" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-2306" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2307" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2308" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-2309" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2310" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2311" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-2312" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2313" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2314" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2315" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2316" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2317" style="font-size: 9pt;"> </td> <td id="new_id-2318" style="font-size: 9pt;"> </td> <td id="new_id-2319" style="font-size: 9pt;"> </td> <td id="new_id-2320" style="font-size: 9pt;"> </td> <td id="new_id-2321" style="font-size: 9pt;"> </td> <td id="new_id-2322" style="font-size: 9pt;"> </td> <td id="new_id-2323" style="font-size: 9pt;"> </td> <td id="new_id-2324" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; width: 70%;"> Secured mortgage note payable for the acquisition of land and building in Bonita Springs, Florida in the amount of $546,000. Principal payments of $4,550 plus interest at the rate of Libor plus 3% are due monthly. The balance of the principal amount was originally due February 28, 2018. On March 23, 2018 and effective February 26, 2018, this note was amended and renewed in the amount of $273,000, with monthly payments of principal and interest of $4,550 payable through the maturity date of February 28, 2023. During the three months ended March 31, 2022, the Company made payments of principal and interest on this note in the amounts of $13,650 and $504, respectively; and during the three months ended March 31, 2021, the Company made payments of principal and interest on this note in the amounts of $13,650 and $927, respectively. </td> <td id="new_id-2325" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2326" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2327" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">54,600</td> <td id="new_id-2328" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2329" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2330" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2331" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">68,250</td> <td id="new_id-2332" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2333" style="font-size: 9pt;"> </td> <td id="new_id-2334" style="font-size: 9pt;"> </td> <td id="new_id-2335" style="font-size: 9pt;"> </td> <td id="new_id-2336" style="font-size: 9pt;"> </td> <td id="new_id-2337" style="font-size: 9pt;"> </td> <td id="new_id-2338" style="font-size: 9pt;"> </td> <td id="new_id-2339" style="font-size: 9pt;"> </td> <td id="new_id-2340" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Secured mortgage note payable for the acquisition of land and building in Broadview, Illinois in the amount of $980,000. Principal payments of $8,167 plus interest at the rate of LIBOR plus 2.75% are due monthly through April 2020, the remaining principal balance in the amount of $490,000 was originally due May 29, 2020. Effective May 29, 2020, the note was amended and renewed such that principal payments of $8,303 plus accrued interest were due beginning June 29, 2020 and continuing for sixty months; the entire principal balance and all accrued interest will be due on May 29, 2025. During the three months ended March 31, 2022, the Company made payments of principal and interest on this note in the amounts of $24,500 and $2,476, respectively; and during the three months ended March 31, 2021, the Company made payments of principal and interest on this note in the amounts of $24,500 and $3,212, respectively. </td> <td id="new_id-2341" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2342" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2343" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">326,665</td> <td id="new_id-2344" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2345" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2346" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2347" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">351,165</td> <td id="new_id-2348" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2349" style="font-size: 9pt;"> </td> <td id="new_id-2350" style="font-size: 9pt;"> </td> <td id="new_id-2351" style="font-size: 9pt;"> </td> <td id="new_id-2352" style="font-size: 9pt;"> </td> <td id="new_id-2353" style="font-size: 9pt;"> </td> <td id="new_id-2354" style="font-size: 9pt;"> </td> <td id="new_id-2355" style="font-size: 9pt;"> </td> <td id="new_id-2356" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Promissory note dated March 22, 2019 in the original amount of $391,558 (the “Artisan Equipment Loan”) payable to Fifth Third Bank. This loan is secured by the Company’s tangible and intangible personal property and bears interest at the rate of 5.20%. The entire principal balance and all accrued interest is due on the maturity date of March 21, 2024. Monthly payments in the amount of $7,425 including principal and interest commenced in April, 2019. During the year ended December 31, 2019, equipment financed under the Artisan Equipment Loan in the amount of $33,075 was returned for credit. During the three months ended March 31, 2022, the Company made payments of principal and interest on this loan in the amounts of $18,235 and $2,159, respectively; and during the three months ended March 31, 2021, the Company made payments of principal and interest on this loan in the amounts of $17,313 and $3,081, respectively. </td> <td id="new_id-2357" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2358" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2359" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">153,911</td> <td id="new_id-2360" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2361" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2362" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2363" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">172,146</td> <td id="new_id-2364" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2365" style="font-size: 9pt;"> </td> <td id="new_id-2366" style="font-size: 9pt;"> </td> <td id="new_id-2367" style="font-size: 9pt;"> </td> <td id="new_id-2368" style="font-size: 9pt;"> </td> <td id="new_id-2369" style="font-size: 9pt;"> </td> <td id="new_id-2370" style="font-size: 9pt;"> </td> <td id="new_id-2371" style="font-size: 9pt;"> </td> <td id="new_id-2372" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> A note payable in the amount of $20,000. The Note was due in January 2006 and the Company is currently accruing interest on this note at 1.9%. During the three months ended March 31, 2022 and 2021, the Company accrued interest in the amount of $94 and $93, respectively, on this note; at March 31, 2022 and 2021, accrued interest on this note was $17,817 and $17,438 respectively. </td> <td id="new_id-2373" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2374" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2375" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">20,000</td> <td id="new_id-2376" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2377" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2378" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2379" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">20,000</td> <td id="new_id-2380" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2381" style="font-size: 9pt;"> </td> <td id="new_id-2382" style="font-size: 9pt;"> </td> <td id="new_id-2383" style="font-size: 9pt;"> </td> <td id="new_id-2384" style="font-size: 9pt;"> </td> <td id="new_id-2385" style="font-size: 9pt;"> </td> <td id="new_id-2386" style="font-size: 9pt;"> </td> <td id="new_id-2387" style="font-size: 9pt;"> </td> <td id="new_id-2388" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Vehicle acquisition loan dated December 6, 2018 in the original amount of $51,088, payable in sixty monthly installments of $955 including interest at the rate of 4.61% maturing November 5, 2023. During the three months ended March 31, 2022, the Company made principal and interest payments in the amount of $2,663 and $232, respectively, on this loan; and during the three months ended March 31, 2021, the Company made principal and interest payments in the amount of $2,505 and $360, respectively. </td> <td id="new_id-2389" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2390" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2391" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">18,351</td> <td id="new_id-2392" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2393" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2394" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2395" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">20,984</td> <td id="new_id-2396" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; width: 70%;"> Secured mortgage facility in the amount of $5,500,000 with Fifth Third Bank for the acquisition of land and building in Mountaintop, Pennsylvania dated November 8, 2019 (the “Fifth Third Mortgage Facility”). The Fifth Third Mortgage Facility is secured by the assets acquired. During the year ended December 31, 2019, the Company drew down $3,600,000 of this facility. During the year ended December 31, 2020, the Company drew down an additional $1,900,000 of this facility. The interest rate is LIBOR plus 2.75% with interest only due through September 30, 2020, thereafter with principal amortized at a 20 years amortization rate and the balance due on the maturity date of September 2, 2025. The Company prepaid loan fees in connection with this loan in the amount of $72,916 which are considered a discount to the loan and are being amortized over the term of the note; $3,088 of this discount was amortized to interest expense during each of the three months ended March 31, 2022 and 2021. During the three months ended March 31, 2022 the Company made principal and interest payments in the amount of $33,800 and $37,800, respectively, on this loan. During the three months ended March 31, 2021, the Company paid principal and interest in the amount of $49,200 and $38,980, respectively, on this loan. The Company also has in place an interest rate swap agreement (the “Fifth Third Interest Rate Swap”) with Fifth Third bank in connection with the Fifth Third Mortgage Facility. Pursuant to the Fifth Third Interest Rate Swap, the Company pays an additional base rate of 0.59% reduced by the difference between an initial LIBOR rate of 0.1513% and the month-end LIBOR rate. During the three months ended March 31, 2022 and 2021, the Company paid additional interest in the amount of $5,632 and $6,094, respectively, pursuant to the Fifth Third Interest Rate Swap. On March 28, 2022 the Interest Rate Swap was terminated. Upon termination the Company received a cash payment of $294,000, which is reflected as a gain on the interest rate swap on the statement of operations for the three months ended March 31, 2022. </td> <td id="new_id-2397" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2398" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2399" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,201,800</td> <td id="new_id-2400" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2401" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2402" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2403" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,235,600</td> <td id="new_id-2404" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2405" style="font-size: 9pt;"> </td> <td id="new_id-2406" style="font-size: 9pt;"> </td> <td id="new_id-2407" style="font-size: 9pt;"> </td> <td id="new_id-2408" style="font-size: 9pt;"> </td> <td id="new_id-2409" style="font-size: 9pt;"> </td> <td id="new_id-2410" style="font-size: 9pt;"> </td> <td id="new_id-2411" style="font-size: 9pt;"> </td> <td id="new_id-2412" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2413" style="font-size: 9pt;"> </td> <td id="new_id-2414" style="font-size: 9pt;"> </td> <td id="new_id-2415" style="font-size: 9pt;"> </td> <td id="new_id-2416" style="font-size: 9pt;"> </td> <td id="new_id-2417" style="font-size: 9pt;"> </td> <td id="new_id-2418" style="font-size: 9pt;"> </td> <td id="new_id-2419" style="font-size: 9pt;"> </td> <td id="new_id-2420" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Total </td> <td id="new_id-2421" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2422" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2423" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">5,775,328</td> <td id="new_id-2424" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2425" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2426" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2427" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">5,868,145</td> <td id="new_id-2428" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Discount </td> <td id="new_id-2429" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2430" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2431" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(42,923</td> <td id="new_id-2432" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-2433" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2434" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2435" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(46,012</td> <td id="new_id-2436" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Net of discount </td> <td id="new_id-2437" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2438" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2439" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,732,405</td> <td id="new_id-2440" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2441" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2442" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2443" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,822,133</td> <td id="new_id-2444" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2445" style="font-size: 9pt;"> </td> <td id="new_id-2446" style="font-size: 9pt;"> </td> <td id="new_id-2447" style="font-size: 9pt;"> </td> <td id="new_id-2448" style="font-size: 9pt;"> </td> <td id="new_id-2449" style="font-size: 9pt;"> </td> <td id="new_id-2450" style="font-size: 9pt;"> </td> <td id="new_id-2451" style="font-size: 9pt;"> </td> <td id="new_id-2452" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Current portion </td> <td id="new_id-2453" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2454" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2455" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">455,414</td> <td id="new_id-2456" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2457" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2458" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2459" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">458,973</td> <td id="new_id-2460" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Long-term maturities </td> <td id="new_id-2461" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2462" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2463" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,319,914</td> <td id="new_id-2464" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2465" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2466" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2467" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,409,172</td> <td id="new_id-2468" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Total </td> <td id="new_id-2469" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2470" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2471" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,775,328</td> <td id="new_id-2472" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2473" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2474" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2475" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,868,145</td> <td id="new_id-2476" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Aggregate maturities of long-term notes payable as of March 31, 2022 are as follows: For the period ended March 31, <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 25%; margin-left: 25%; width: 50%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 71%;"> 2023 </td> <td id="new_id-2477" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2478" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2479" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">455,415</td> <td id="new_id-2480" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2024 </td> <td id="new_id-2481" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2482" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2483" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">388,838</td> <td id="new_id-2484" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2025 </td> <td id="new_id-2485" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2486" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2487" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">309,908</td> <td id="new_id-2488" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2026 </td> <td id="new_id-2489" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2490" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2491" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,621,167</td> <td id="new_id-2492" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2027 </td> <td id="new_id-2493" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2494" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2495" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2496" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2497" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2498" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2499" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,775,328</td> <td id="new_id-2500" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2304" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2305" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-2306" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2307" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2308" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-2309" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2310" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2311" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-2312" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2313" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2314" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2315" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2316" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2317" style="font-size: 9pt;"> </td> <td id="new_id-2318" style="font-size: 9pt;"> </td> <td id="new_id-2319" style="font-size: 9pt;"> </td> <td id="new_id-2320" style="font-size: 9pt;"> </td> <td id="new_id-2321" style="font-size: 9pt;"> </td> <td id="new_id-2322" style="font-size: 9pt;"> </td> <td id="new_id-2323" style="font-size: 9pt;"> </td> <td id="new_id-2324" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; width: 70%;"> Secured mortgage note payable for the acquisition of land and building in Bonita Springs, Florida in the amount of $546,000. Principal payments of $4,550 plus interest at the rate of Libor plus 3% are due monthly. The balance of the principal amount was originally due February 28, 2018. On March 23, 2018 and effective February 26, 2018, this note was amended and renewed in the amount of $273,000, with monthly payments of principal and interest of $4,550 payable through the maturity date of February 28, 2023. During the three months ended March 31, 2022, the Company made payments of principal and interest on this note in the amounts of $13,650 and $504, respectively; and during the three months ended March 31, 2021, the Company made payments of principal and interest on this note in the amounts of $13,650 and $927, respectively. </td> <td id="new_id-2325" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2326" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2327" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">54,600</td> <td id="new_id-2328" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2329" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2330" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2331" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">68,250</td> <td id="new_id-2332" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2333" style="font-size: 9pt;"> </td> <td id="new_id-2334" style="font-size: 9pt;"> </td> <td id="new_id-2335" style="font-size: 9pt;"> </td> <td id="new_id-2336" style="font-size: 9pt;"> </td> <td id="new_id-2337" style="font-size: 9pt;"> </td> <td id="new_id-2338" style="font-size: 9pt;"> </td> <td id="new_id-2339" style="font-size: 9pt;"> </td> <td id="new_id-2340" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Secured mortgage note payable for the acquisition of land and building in Broadview, Illinois in the amount of $980,000. Principal payments of $8,167 plus interest at the rate of LIBOR plus 2.75% are due monthly through April 2020, the remaining principal balance in the amount of $490,000 was originally due May 29, 2020. Effective May 29, 2020, the note was amended and renewed such that principal payments of $8,303 plus accrued interest were due beginning June 29, 2020 and continuing for sixty months; the entire principal balance and all accrued interest will be due on May 29, 2025. During the three months ended March 31, 2022, the Company made payments of principal and interest on this note in the amounts of $24,500 and $2,476, respectively; and during the three months ended March 31, 2021, the Company made payments of principal and interest on this note in the amounts of $24,500 and $3,212, respectively. </td> <td id="new_id-2341" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2342" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2343" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">326,665</td> <td id="new_id-2344" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2345" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2346" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2347" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">351,165</td> <td id="new_id-2348" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2349" style="font-size: 9pt;"> </td> <td id="new_id-2350" style="font-size: 9pt;"> </td> <td id="new_id-2351" style="font-size: 9pt;"> </td> <td id="new_id-2352" style="font-size: 9pt;"> </td> <td id="new_id-2353" style="font-size: 9pt;"> </td> <td id="new_id-2354" style="font-size: 9pt;"> </td> <td id="new_id-2355" style="font-size: 9pt;"> </td> <td id="new_id-2356" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Promissory note dated March 22, 2019 in the original amount of $391,558 (the “Artisan Equipment Loan”) payable to Fifth Third Bank. This loan is secured by the Company’s tangible and intangible personal property and bears interest at the rate of 5.20%. The entire principal balance and all accrued interest is due on the maturity date of March 21, 2024. Monthly payments in the amount of $7,425 including principal and interest commenced in April, 2019. During the year ended December 31, 2019, equipment financed under the Artisan Equipment Loan in the amount of $33,075 was returned for credit. During the three months ended March 31, 2022, the Company made payments of principal and interest on this loan in the amounts of $18,235 and $2,159, respectively; and during the three months ended March 31, 2021, the Company made payments of principal and interest on this loan in the amounts of $17,313 and $3,081, respectively. </td> <td id="new_id-2357" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2358" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2359" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">153,911</td> <td id="new_id-2360" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2361" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2362" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2363" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">172,146</td> <td id="new_id-2364" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2365" style="font-size: 9pt;"> </td> <td id="new_id-2366" style="font-size: 9pt;"> </td> <td id="new_id-2367" style="font-size: 9pt;"> </td> <td id="new_id-2368" style="font-size: 9pt;"> </td> <td id="new_id-2369" style="font-size: 9pt;"> </td> <td id="new_id-2370" style="font-size: 9pt;"> </td> <td id="new_id-2371" style="font-size: 9pt;"> </td> <td id="new_id-2372" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> A note payable in the amount of $20,000. The Note was due in January 2006 and the Company is currently accruing interest on this note at 1.9%. During the three months ended March 31, 2022 and 2021, the Company accrued interest in the amount of $94 and $93, respectively, on this note; at March 31, 2022 and 2021, accrued interest on this note was $17,817 and $17,438 respectively. </td> <td id="new_id-2373" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2374" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2375" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">20,000</td> <td id="new_id-2376" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2377" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2378" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2379" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">20,000</td> <td id="new_id-2380" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-size: 9pt;"> <td style="font-size: 9pt;"> </td> <td id="new_id-2381" style="font-size: 9pt;"> </td> <td id="new_id-2382" style="font-size: 9pt;"> </td> <td id="new_id-2383" style="font-size: 9pt;"> </td> <td id="new_id-2384" style="font-size: 9pt;"> </td> <td id="new_id-2385" style="font-size: 9pt;"> </td> <td id="new_id-2386" style="font-size: 9pt;"> </td> <td id="new_id-2387" style="font-size: 9pt;"> </td> <td id="new_id-2388" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-size: 9pt;"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Vehicle acquisition loan dated December 6, 2018 in the original amount of $51,088, payable in sixty monthly installments of $955 including interest at the rate of 4.61% maturing November 5, 2023. During the three months ended March 31, 2022, the Company made principal and interest payments in the amount of $2,663 and $232, respectively, on this loan; and during the three months ended March 31, 2021, the Company made principal and interest payments in the amount of $2,505 and $360, respectively. </td> <td id="new_id-2389" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2390" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2391" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">18,351</td> <td id="new_id-2392" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2393" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2394" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2395" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">20,984</td> <td id="new_id-2396" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; width: 70%;"> Secured mortgage facility in the amount of $5,500,000 with Fifth Third Bank for the acquisition of land and building in Mountaintop, Pennsylvania dated November 8, 2019 (the “Fifth Third Mortgage Facility”). The Fifth Third Mortgage Facility is secured by the assets acquired. During the year ended December 31, 2019, the Company drew down $3,600,000 of this facility. During the year ended December 31, 2020, the Company drew down an additional $1,900,000 of this facility. The interest rate is LIBOR plus 2.75% with interest only due through September 30, 2020, thereafter with principal amortized at a 20 years amortization rate and the balance due on the maturity date of September 2, 2025. The Company prepaid loan fees in connection with this loan in the amount of $72,916 which are considered a discount to the loan and are being amortized over the term of the note; $3,088 of this discount was amortized to interest expense during each of the three months ended March 31, 2022 and 2021. During the three months ended March 31, 2022 the Company made principal and interest payments in the amount of $33,800 and $37,800, respectively, on this loan. During the three months ended March 31, 2021, the Company paid principal and interest in the amount of $49,200 and $38,980, respectively, on this loan. The Company also has in place an interest rate swap agreement (the “Fifth Third Interest Rate Swap”) with Fifth Third bank in connection with the Fifth Third Mortgage Facility. Pursuant to the Fifth Third Interest Rate Swap, the Company pays an additional base rate of 0.59% reduced by the difference between an initial LIBOR rate of 0.1513% and the month-end LIBOR rate. During the three months ended March 31, 2022 and 2021, the Company paid additional interest in the amount of $5,632 and $6,094, respectively, pursuant to the Fifth Third Interest Rate Swap. On March 28, 2022 the Interest Rate Swap was terminated. Upon termination the Company received a cash payment of $294,000, which is reflected as a gain on the interest rate swap on the statement of operations for the three months ended March 31, 2022. </td> <td id="new_id-2397" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2398" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2399" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,201,800</td> <td id="new_id-2400" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2401" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2402" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2403" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,235,600</td> <td id="new_id-2404" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2405" style="font-size: 9pt;"> </td> <td id="new_id-2406" style="font-size: 9pt;"> </td> <td id="new_id-2407" style="font-size: 9pt;"> </td> <td id="new_id-2408" style="font-size: 9pt;"> </td> <td id="new_id-2409" style="font-size: 9pt;"> </td> <td id="new_id-2410" style="font-size: 9pt;"> </td> <td id="new_id-2411" style="font-size: 9pt;"> </td> <td id="new_id-2412" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2413" style="font-size: 9pt;"> </td> <td id="new_id-2414" style="font-size: 9pt;"> </td> <td id="new_id-2415" style="font-size: 9pt;"> </td> <td id="new_id-2416" style="font-size: 9pt;"> </td> <td id="new_id-2417" style="font-size: 9pt;"> </td> <td id="new_id-2418" style="font-size: 9pt;"> </td> <td id="new_id-2419" style="font-size: 9pt;"> </td> <td id="new_id-2420" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Total </td> <td id="new_id-2421" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2422" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2423" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">5,775,328</td> <td id="new_id-2424" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2425" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2426" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2427" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">5,868,145</td> <td id="new_id-2428" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Discount </td> <td id="new_id-2429" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2430" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2431" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(42,923</td> <td id="new_id-2432" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> <td id="new_id-2433" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2434" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2435" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(46,012</td> <td id="new_id-2436" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;"> ) </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Net of discount </td> <td id="new_id-2437" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2438" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2439" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,732,405</td> <td id="new_id-2440" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2441" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2442" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2443" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,822,133</td> <td id="new_id-2444" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2445" style="font-size: 9pt;"> </td> <td id="new_id-2446" style="font-size: 9pt;"> </td> <td id="new_id-2447" style="font-size: 9pt;"> </td> <td id="new_id-2448" style="font-size: 9pt;"> </td> <td id="new_id-2449" style="font-size: 9pt;"> </td> <td id="new_id-2450" style="font-size: 9pt;"> </td> <td id="new_id-2451" style="font-size: 9pt;"> </td> <td id="new_id-2452" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Current portion </td> <td id="new_id-2453" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2454" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2455" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">455,414</td> <td id="new_id-2456" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2457" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2458" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2459" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">458,973</td> <td id="new_id-2460" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Long-term maturities </td> <td id="new_id-2461" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2462" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2463" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,319,914</td> <td id="new_id-2464" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2465" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2466" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2467" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,409,172</td> <td id="new_id-2468" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Total </td> <td id="new_id-2469" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2470" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2471" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,775,328</td> <td id="new_id-2472" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2473" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2474" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2475" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,868,145</td> <td id="new_id-2476" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

546000

4550

0.03

February 28, 2018

273000

4550

February 28, 2023

13650

504

13650

927

54600

68250

980000

8167

0.0275

490000

May 29, 2020

8303

May 29, 2025

24500

2476

24500

3212

326665

351165

2019-03-22

391558

the Company’s tangible and intangible personal property

0.052

March 21, 2024

7425

-33075

18235

2159

17313

3081

153911

172146

20000

0.019

17817

17438

20000

2018-12-06

51088

955

0.0461

November 5, 2023

2663

232

2505

360

18351

20984

5500000

2019-11-08

3600000

1900000

0.0275

September 2, 2025

72916

3088

33800

37800

49200

38980

The Company also has in place an interest rate swap agreement (the “Fifth Third Interest Rate Swap”) with Fifth Third bank in connection with the Fifth Third Mortgage Facility. Pursuant to the Fifth Third Interest Rate Swap, the Company pays an additional base rate of 0.59% reduced by the difference between an initial LIBOR rate of 0.1513% and the month-end LIBOR rate.

5632

6094

5201800

5235600

5775328

5868145

42923

46012

5732405

5822133

455414

458973

5319914

5409172

5775328

5868145

Aggregate maturities of long-term notes payable as of March 31, 2022 are as follows: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 25%; margin-left: 25%; width: 50%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 71%;"> 2023 </td> <td id="new_id-2477" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2478" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2479" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">455,415</td> <td id="new_id-2480" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2024 </td> <td id="new_id-2481" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2482" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2483" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">388,838</td> <td id="new_id-2484" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2025 </td> <td id="new_id-2485" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2486" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2487" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">309,908</td> <td id="new_id-2488" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2026 </td> <td id="new_id-2489" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2490" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2491" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,621,167</td> <td id="new_id-2492" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2027 </td> <td id="new_id-2493" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2494" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2495" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2496" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2497" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2498" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2499" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,775,328</td> <td id="new_id-2500" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

455415

388838

309908

4621167

5775328

14. LEASE LIABILITIES - FINANCING LEASES <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2501" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2502" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-2503" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2504" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2505" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-2506" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2507" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2508" style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-2509" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2510" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2511" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2512" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2513" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; width: 70%;"> Financing lease obligation under a lease agreement for a forklift dated July 12, 2021 in the original amount of $16,070 payable in thirty-six monthly installments of $489 including interest at the rate of 6.01%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $1,269 and $198, respectively. </td> <td id="new_id-2514" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2515" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2516" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">12,319</td> <td id="new_id-2517" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2518" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2519" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2520" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">13,588</td> <td id="new_id-2521" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2522" style="font-size: 9pt;"> </td> <td id="new_id-2523" style="font-size: 9pt;"> </td> <td id="new_id-2524" style="font-size: 9pt;"> </td> <td id="new_id-2525" style="font-size: 9pt;"> </td> <td id="new_id-2526" style="font-size: 9pt;"> </td> <td id="new_id-2527" style="font-size: 9pt;"> </td> <td id="new_id-2528" style="font-size: 9pt;"> </td> <td id="new_id-2529" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a pallet truck dated July 15, 2021 in the original amount of $5,816 payable in thirty-six monthly installments of $177 including interest at the rate of 6.01%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $459 and $72, respectively. </td> <td id="new_id-2530" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2531" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2532" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">4,459</td> <td id="new_id-2533" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2534" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2535" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2536" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">4,918</td> <td id="new_id-2537" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2538" style="font-size: 9pt;"> </td> <td id="new_id-2539" style="font-size: 9pt;"> </td> <td id="new_id-2540" style="font-size: 9pt;"> </td> <td id="new_id-2541" style="font-size: 9pt;"> </td> <td id="new_id-2542" style="font-size: 9pt;"> </td> <td id="new_id-2543" style="font-size: 9pt;"> </td> <td id="new_id-2544" style="font-size: 9pt;"> </td> <td id="new_id-2545" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for warehouse furniture and equipment truck dated October 14, 2020 in the original amount of $514,173 payable in sixty monthly installments of $9,942 including interest at the rate of 6.01%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amount of $23,944 and $5,882, respectively. During the three months ended March 31, 2021, the Company made principal and interest payments on this lease obligation in the amount of $22,552 and $7,274, respectively. </td> <td id="new_id-2546" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2547" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2548" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">375,744</td> <td id="new_id-2549" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2550" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2551" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2552" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">399,688</td> <td id="new_id-2553" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2554" style="font-size: 9pt;"> </td> <td id="new_id-2555" style="font-size: 9pt;"> </td> <td id="new_id-2556" style="font-size: 9pt;"> </td> <td id="new_id-2557" style="font-size: 9pt;"> </td> <td id="new_id-2558" style="font-size: 9pt;"> </td> <td id="new_id-2559" style="font-size: 9pt;"> </td> <td id="new_id-2560" style="font-size: 9pt;"> </td> <td id="new_id-2561" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a truck dated March 31, 2020 in the original amount of $152,548 payable in eighty-four monthly installments of $2,188 including interest at the rate of 5.44%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $4,980 and $1,584, respectively. During the three months ended March 31, 2021, the Company made principal and interest payments on this lease obligation in the amounts of $4,716 and $1,847, respectively. </td> <td id="new_id-2562" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2563" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2564" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">113,040</td> <td id="new_id-2565" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2566" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2567" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2568" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">118,020</td> <td id="new_id-2569" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2570" style="font-size: 9pt;"> </td> <td id="new_id-2571" style="font-size: 9pt;"> </td> <td id="new_id-2572" style="font-size: 9pt;"> </td> <td id="new_id-2573" style="font-size: 9pt;"> </td> <td id="new_id-2574" style="font-size: 9pt;"> </td> <td id="new_id-2575" style="font-size: 9pt;"> </td> <td id="new_id-2576" style="font-size: 9pt;"> </td> <td id="new_id-2577" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a truck dated November 5, 2018 in the original amount of $128,587 payable in seventy monthly installments of $2,326 including interest at the rate of 8.33%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $5,630 and $1,346, respectively. During the three months ended March 31, 2021, the Company made principal and interest payments on this lease obligation in the amounts of $5,182 and $1,795, respectively. </td> <td id="new_id-2578" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2579" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2580" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">60,896</td> <td id="new_id-2581" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2582" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2583" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2584" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">66,526</td> <td id="new_id-2585" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2586" style="font-size: 9pt;"> </td> <td id="new_id-2587" style="font-size: 9pt;"> </td> <td id="new_id-2588" style="font-size: 9pt;"> </td> <td id="new_id-2589" style="font-size: 9pt;"> </td> <td id="new_id-2590" style="font-size: 9pt;"> </td> <td id="new_id-2591" style="font-size: 9pt;"> </td> <td id="new_id-2592" style="font-size: 9pt;"> </td> <td id="new_id-2593" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a truck dated August 23, 2019 in the original amount of $80,413 payable in eighty-four monthly installments of $1,148 including interest at the rate of 5.0%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $2,751 and $692, respectively. During the three months ended March 31, 2021, the Company made principal and interest payments on this lease obligation in the amounts of $2,618 and $826, respectively. </td> <td id="new_id-2594" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2595" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2596" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">53,572</td> <td id="new_id-2597" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2598" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2599" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2600" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">56,323</td> <td id="new_id-2601" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a truck dated February 4, 2022 in the original amount of $42,500 payable in twenty-four monthly installments of $1,963 including interest at the rate of 10.1%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $1,604 and $359, respectively. </td> <td id="new_id-2602" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2603" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2604" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">40,896</td> <td id="new_id-2605" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2606" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2607" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2608" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2609" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Total </td> <td id="new_id-2610" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2611" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2612" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">660,926</td> <td id="new_id-2613" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2614" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2615" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2616" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">659,063</td> <td id="new_id-2617" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2618" style="font-size: 9pt;"> </td> <td id="new_id-2619" style="font-size: 9pt;"> </td> <td id="new_id-2620" style="font-size: 9pt;"> </td> <td id="new_id-2621" style="font-size: 9pt;"> </td> <td id="new_id-2622" style="font-size: 9pt;"> </td> <td id="new_id-2623" style="font-size: 9pt;"> </td> <td id="new_id-2624" style="font-size: 9pt;"> </td> <td id="new_id-2625" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Current portion </td> <td id="new_id-2626" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2627" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2628" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">182,664</td> <td id="new_id-2629" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2630" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2631" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2632" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">159,823</td> <td id="new_id-2633" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Long-term maturities </td> <td id="new_id-2634" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2635" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2636" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">478,262</td> <td id="new_id-2637" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2638" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2639" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2640" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">499,240</td> <td id="new_id-2641" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Total </td> <td id="new_id-2642" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2643" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2644" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">660,926</td> <td id="new_id-2645" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2646" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2647" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2648" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">659,063</td> <td id="new_id-2649" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Aggregate maturities of lease liabilities – financing leases as of March 31, 2022 are as follows: For the period ended March 31, <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 25%; margin-left: 25%; width: 50%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 71%;"> 2023 </td> <td id="new_id-2650" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2651" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2652" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">182,665</td> <td id="new_id-2653" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2024 </td> <td id="new_id-2654" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2655" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2656" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">193,226</td> <td id="new_id-2657" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2025 </td> <td id="new_id-2658" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2659" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2660" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">160,994</td> <td id="new_id-2661" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2026 </td> <td id="new_id-2662" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2663" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2664" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">96,069</td> <td id="new_id-2665" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2027 </td> <td id="new_id-2666" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2667" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2668" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">27,972</td> <td id="new_id-2669" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Thereafter </td> <td id="new_id-2670" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2671" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2672" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2673" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2674" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2675" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2676" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">660,926</td> <td id="new_id-2677" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 9pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2501" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2502" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> March 31, 2022 </td> <td id="new_id-2503" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> <td id="new_id-2504" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2505" style="text-align: center; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> December 31, 2021 </td> <td id="new_id-2506" style="font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt;"> <td style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2507" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td colspan="2" id="new_id-2508" style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> (unaudited) </td> <td id="new_id-2509" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2510" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2511" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2512" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2513" style="font-family: "Times New Roman"; font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; width: 70%;"> Financing lease obligation under a lease agreement for a forklift dated July 12, 2021 in the original amount of $16,070 payable in thirty-six monthly installments of $489 including interest at the rate of 6.01%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $1,269 and $198, respectively. </td> <td id="new_id-2514" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2515" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2516" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">12,319</td> <td id="new_id-2517" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2518" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2519" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2520" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">13,588</td> <td id="new_id-2521" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2522" style="font-size: 9pt;"> </td> <td id="new_id-2523" style="font-size: 9pt;"> </td> <td id="new_id-2524" style="font-size: 9pt;"> </td> <td id="new_id-2525" style="font-size: 9pt;"> </td> <td id="new_id-2526" style="font-size: 9pt;"> </td> <td id="new_id-2527" style="font-size: 9pt;"> </td> <td id="new_id-2528" style="font-size: 9pt;"> </td> <td id="new_id-2529" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a pallet truck dated July 15, 2021 in the original amount of $5,816 payable in thirty-six monthly installments of $177 including interest at the rate of 6.01%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $459 and $72, respectively. </td> <td id="new_id-2530" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2531" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2532" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">4,459</td> <td id="new_id-2533" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2534" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2535" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2536" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">4,918</td> <td id="new_id-2537" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2538" style="font-size: 9pt;"> </td> <td id="new_id-2539" style="font-size: 9pt;"> </td> <td id="new_id-2540" style="font-size: 9pt;"> </td> <td id="new_id-2541" style="font-size: 9pt;"> </td> <td id="new_id-2542" style="font-size: 9pt;"> </td> <td id="new_id-2543" style="font-size: 9pt;"> </td> <td id="new_id-2544" style="font-size: 9pt;"> </td> <td id="new_id-2545" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for warehouse furniture and equipment truck dated October 14, 2020 in the original amount of $514,173 payable in sixty monthly installments of $9,942 including interest at the rate of 6.01%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amount of $23,944 and $5,882, respectively. During the three months ended March 31, 2021, the Company made principal and interest payments on this lease obligation in the amount of $22,552 and $7,274, respectively. </td> <td id="new_id-2546" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2547" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2548" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">375,744</td> <td id="new_id-2549" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2550" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2551" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2552" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">399,688</td> <td id="new_id-2553" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2554" style="font-size: 9pt;"> </td> <td id="new_id-2555" style="font-size: 9pt;"> </td> <td id="new_id-2556" style="font-size: 9pt;"> </td> <td id="new_id-2557" style="font-size: 9pt;"> </td> <td id="new_id-2558" style="font-size: 9pt;"> </td> <td id="new_id-2559" style="font-size: 9pt;"> </td> <td id="new_id-2560" style="font-size: 9pt;"> </td> <td id="new_id-2561" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a truck dated March 31, 2020 in the original amount of $152,548 payable in eighty-four monthly installments of $2,188 including interest at the rate of 5.44%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $4,980 and $1,584, respectively. During the three months ended March 31, 2021, the Company made principal and interest payments on this lease obligation in the amounts of $4,716 and $1,847, respectively. </td> <td id="new_id-2562" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2563" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2564" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">113,040</td> <td id="new_id-2565" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2566" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2567" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2568" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">118,020</td> <td id="new_id-2569" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2570" style="font-size: 9pt;"> </td> <td id="new_id-2571" style="font-size: 9pt;"> </td> <td id="new_id-2572" style="font-size: 9pt;"> </td> <td id="new_id-2573" style="font-size: 9pt;"> </td> <td id="new_id-2574" style="font-size: 9pt;"> </td> <td id="new_id-2575" style="font-size: 9pt;"> </td> <td id="new_id-2576" style="font-size: 9pt;"> </td> <td id="new_id-2577" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a truck dated November 5, 2018 in the original amount of $128,587 payable in seventy monthly installments of $2,326 including interest at the rate of 8.33%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $5,630 and $1,346, respectively. During the three months ended March 31, 2021, the Company made principal and interest payments on this lease obligation in the amounts of $5,182 and $1,795, respectively. </td> <td id="new_id-2578" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2579" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2580" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">60,896</td> <td id="new_id-2581" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2582" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2583" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2584" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">66,526</td> <td id="new_id-2585" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2586" style="font-size: 9pt;"> </td> <td id="new_id-2587" style="font-size: 9pt;"> </td> <td id="new_id-2588" style="font-size: 9pt;"> </td> <td id="new_id-2589" style="font-size: 9pt;"> </td> <td id="new_id-2590" style="font-size: 9pt;"> </td> <td id="new_id-2591" style="font-size: 9pt;"> </td> <td id="new_id-2592" style="font-size: 9pt;"> </td> <td id="new_id-2593" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a truck dated August 23, 2019 in the original amount of $80,413 payable in eighty-four monthly installments of $1,148 including interest at the rate of 5.0%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $2,751 and $692, respectively. During the three months ended March 31, 2021, the Company made principal and interest payments on this lease obligation in the amounts of $2,618 and $826, respectively. </td> <td id="new_id-2594" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2595" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2596" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">53,572</td> <td id="new_id-2597" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2598" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2599" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2600" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">56,323</td> <td id="new_id-2601" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Financing lease obligation under a lease agreement for a truck dated February 4, 2022 in the original amount of $42,500 payable in twenty-four monthly installments of $1,963 including interest at the rate of 10.1%. During the three months ended March 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $1,604 and $359, respectively. </td> <td id="new_id-2602" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2603" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2604" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">40,896</td> <td id="new_id-2605" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2606" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2607" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2608" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2609" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Total </td> <td id="new_id-2610" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2611" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2612" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">660,926</td> <td id="new_id-2613" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2614" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2615" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2616" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">659,063</td> <td id="new_id-2617" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-size: 9pt;"> </td> <td id="new_id-2618" style="font-size: 9pt;"> </td> <td id="new_id-2619" style="font-size: 9pt;"> </td> <td id="new_id-2620" style="font-size: 9pt;"> </td> <td id="new_id-2621" style="font-size: 9pt;"> </td> <td id="new_id-2622" style="font-size: 9pt;"> </td> <td id="new_id-2623" style="font-size: 9pt;"> </td> <td id="new_id-2624" style="font-size: 9pt;"> </td> <td id="new_id-2625" style="font-size: 9pt;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Current portion </td> <td id="new_id-2626" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2627" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2628" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">182,664</td> <td id="new_id-2629" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2630" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2631" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">$</td> <td id="new_id-2632" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;">159,823</td> <td id="new_id-2633" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Long-term maturities </td> <td id="new_id-2634" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2635" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2636" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">478,262</td> <td id="new_id-2637" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2638" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2639" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2640" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">499,240</td> <td id="new_id-2641" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-size: 9pt; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt;"> Total </td> <td id="new_id-2642" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2643" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2644" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">660,926</td> <td id="new_id-2645" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2646" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt;"> </td> <td id="new_id-2647" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2648" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 9pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">659,063</td> <td id="new_id-2649" style="width: 1%; font-family: "Times New Roman"; font-size: 9pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

16070

thirty-six monthly installments of $489

0.0601

1269

198

12319

13588

5816

thirty-six monthly installments of $177

0.0601

459

4459

4918

514173

sixty monthly installments of $9,942

0.0601

23944

5882

22552

7274

375744

399688

152548

eighty-four monthly installments of $2,188

0.0544

4980

1584

4716

1847

113040

118020

128587

seventy monthly installments of $2,326

0.0833

5630

1346

5182

1795

60896

66526

80413

eighty-four monthly installments of $1,148

0.05

2751

692

2618

826

53572

56323

42500

twenty-four monthly installments of $1,963

0.101

1604

359

40896

660926

659063

182664

159823

478262

499240

660926

659063

Aggregate maturities of lease liabilities – financing leases as of March 31, 2022 are as follows: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 25%; margin-left: 25%; width: 50%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 71%;"> 2023 </td> <td id="new_id-2650" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2651" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2652" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">182,665</td> <td id="new_id-2653" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2024 </td> <td id="new_id-2654" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2655" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2656" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">193,226</td> <td id="new_id-2657" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2025 </td> <td id="new_id-2658" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2659" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2660" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">160,994</td> <td id="new_id-2661" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2026 </td> <td id="new_id-2662" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2663" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2664" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">96,069</td> <td id="new_id-2665" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> 2027 </td> <td id="new_id-2666" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2667" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2668" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">27,972</td> <td id="new_id-2669" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Thereafter </td> <td id="new_id-2670" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2671" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2672" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2673" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-2674" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2675" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2676" style="width: 26%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">660,926</td> <td id="new_id-2677" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

182665

193226

160994

96069

27972

660926

15. RELATED PARTY TRANSACTIONS For the three months ended March 31, 2022: Vesting of shares to officers During the three months ended March 31, 2022 in connection with stock based compensation based upon the terms of employment agreements with its employees and compensation agreements with the Company’s independent board members, the Company charged to operations the amount of $10,000 for the vesting of a total of 25,812 shares of common stock issuable to two of its independent board members, and $140,400 for the vesting of a total of 438,703 shares of common stock issuable to its Chief Executive Officer and its Director of Strategic Acquisitions pursuant to their employment agreements. The Company also recognized non-cash compensation in the amount of $2,326 during the three months ended March 31, 2022 in connection with stock options issuable to management and board members. For the three months ended March 31, 2021: Vesting of shares to officers During the three months ended March 31, 2021 in connection with stock based compensation based upon the terms of employment agreements with its employees and compensation agreements with the Company’s independent board members, the Company charged to operations the amount of $22,500 for the vesting of a total of 50,070 shares of common stock issuable to two of its independent board members, and $99,211 for the vesting of a total of 236,184 shares of common stock issuable to its Chief Executive Officer and its Director of Strategic Acquisitions pursuant to their employment agreements. The Company also recognized non-cash compensation in the amount of $36,080 during the three months ended March 31, 2021 in connection with stock options issuable to management and board members.

10000

25812

140400

438703

2326

22500

50070

99211

236184

36080

16. COMMITMENTS AND CONTINGENT LIABILITIES Contingent Liability Pursuant to the igourmet Asset Purchase Agreement, the Company recorded contingent liabilities in the original amount of $787,800. This amount relates to certain performance-based payments over the twenty-four months following the acquisition date as well as to certain additional liabilities that the Company has evaluated and has recorded on a contingent basis. During the year ended December 31, 2018, the Company reduced this amount by $392,900 as the performance goals for the first year were not met. During the year ended December 31, 2019, the Company reduced this amount by $132,300 as the performance goals for the second year were not met. During the year ended December 31, 2019, the Company paid the amount of $39,000 in connection with the additional liabilities. During the three months ended March 31, 2022 and 2021, the Company paid the amount of $0 and $8,000, respectively, in connection with the additional liabilities. At March 31, 2022 and December 31, 2021, the amount of $67,000 remains on the Company’s consolidated balance sheet as a current contingent liability, and $108,600 and $108,600, respectively, as a long term contingent liability. Pursuant to the Mouth Foods LLC Asset Acquisition, the Company recorded contingent liabilities in the amount of $240,576. These amounts relate to the estimate of certain performance-based payments following the acquisition date as well as to certain additional liabilities that the Company has evaluated and has recorded on a contingent basis. During the year ended December 31, 2019, the Company paid the amount of $120,576 in connection with these liabilities. At March 31, 2022 and December 31, 2021, $120,000 is classified as a current contingent liability. License Agreements In May 2019, the Company entered into a royalty-based license agreement, through December 31, 2022 with a lifestyle brand, which provides the exclusive right, with certain carve-outs and limitations, to sell and promote branded gift baskets for certain channels including: retail, warehouse club stores, certain of the Company’s current e-commerce channels, and other e-commerce channels such as amazon.com (the “May 2019 License Agreement”). Pursuant to the May 2019 License Agreement, the Company paid an initial royalty deposit in the amount of $50,000 towards the minimum royalty, which is classified as other current assets on the Company’s balance sheet at December 31, 2019. Future royalty amounts owed for minimum payments in connection with the May 2019 License Agreement will be deducted from this deposit. The royalty rate is 5% of net sales, and the Company is required, with certain exceptions and exclusions, to make minimum royalty payments of $100,000 through the end of 2020, $110,000 in 2021, and $125,000 in 2022. As of March 31, 2022, the Company has made the required minimum royalty payments. Litigation On September 16, 2019, an action (the “PA Action”) was filed in the Court of Common Pleas of Philadelphia County, Trial Division, against, among others, the Company and its wholly-owned subsidiaries, Innovative Gourmet LLC and Food Innovations, Inc. Since that time, other parties involved in the incident have joined as plaintiffs in the PA Action. The complaint in the PA Action alleges, inter alia, wrongful death and negligence by a driver employed by Innovative Gourmet and indicates a demand and offer to settle for fifty million dollars. We expect that should a settlement occur the amount to resolve the Action would be substantially lower. The Company and its subsidiaries had auto and umbrella insurance policies, among others, that were in effect for the relevant period The Company and its subsidiaries’ insurers have agreed to defend the Company and its subsidiaries in the PA Action (and the related action), subject to a reservation of rights. The Company believes that the likely outcome would result in the liabilities being covered by its insurance carriers. However, if the Company was found responsible for damages in excess of its available insurance coverage, such damages in excess of the coverage could have a material adverse effect on the Company’s operations. On July 16, 2020, the court granted the Company's motion to stay the case through the final adjudication of an additional pending legal proceeding against the driver in connection with the events related to the case. Because the statute of limitations on the incident has now run, it is not anticipated that any new plaintiffs involved in the incident will come forward against the Company and its subsidiaries. From time to time, the Company has become and may become involved in certain lawsuits and legal proceedings which arise in the ordinary course of business, or as the result of current or previous investments, or current or previous subsidiaries, or current or previous employees, or current or previous directors, or as a result of acquisitions and dispositions or other corporate activities. The Company intends to vigorously defend its positions. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our financial position or our business and the outcome of these matters cannot be ultimately predicted.

787800

This amount relates to certain performance-based payments over the twenty-four months following the acquisition date as well as to certain additional liabilities that the Company has evaluated and has recorded on a contingent basis

-392900

132300

39000

8000

67000

108600

240576

120576

120000

50000

0.05

100000

110000

125000

50000000

17. EQUITY Common Stock At March 31, 2022 and December 31, 2021, a total of 2,837,580 shares are deemed issued but not outstanding by the Company. These include 2,623,171 shares of treasury stock. Three months ended March 31, 2022: During the three months ended March 31, 2022 in connection with stock based compensation based upon the terms of employment agreements with its employees and compensation agreements with the Company’s independent board members, the Company charged to operations the amount of $10,000 for the vesting of a total of 25,812 shares of common stock issuable to two of its independent board members, and $140,400 for the vesting of a total of 438,703 shares of common stock issuable to its Chief Executive Officer and its Director of Strategic Acquisitions pursuant to their employment agreement. The Company also recognized non-cash compensation in the amount of $2,326 during the three months ended March 31, 2022 in connection with stock options issuable to management and board members. Three months ended March 31, 2021: During the three months ended March 31, 2021 in connection with stock based compensation based upon the terms of employment agreements with its employees and compensation agreements with the Company’s independent board members, the Company charged to operations the amount of $22,500 for the vesting of a total of 50,070 shares of common stock issuable to two of its independent board members, and $99,211 for the vesting of a total of 236,184 shares of common stock issuable to its Chief Executive Officer and its Director of Strategic Acquisitions pursuant to their employment agreements. The Company also recognized non-cash compensation in the amount of $36,080 during the three months ended March 31, 2021 in connection with stock options issuable to management and board members. Options The following table summarizes the options outstanding at March 31, 2022 and the related prices for the options to purchase shares of the Company’s common stock issued by the Company: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td id="new_id-2678" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2679" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2680" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2681" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2682" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2683" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2684" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2685" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2686" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2687" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2688" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2689" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2690" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2691" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-2692" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2693" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2694" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2695" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2696" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2697" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2698" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-2699" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2700" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2701" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2702" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2703" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2704" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2705" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2706" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2707" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2708" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2709" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-2710" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2711" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2712" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> average </td> <td id="new_id-2713" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2714" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2715" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2716" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2717" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2718" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2719" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> average </td> <td id="new_id-2720" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2721" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2722" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2723" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2724" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2725" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2726" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2727" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2728" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2729" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2730" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> average </td> <td id="new_id-2731" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2732" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2733" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> exercise </td> <td id="new_id-2734" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2735" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2736" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2737" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2738" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2739" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2740" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> exercise </td> <td id="new_id-2741" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2742" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2743" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Range of </td> <td id="new_id-2744" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2745" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2746" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Number of </td> <td id="new_id-2747" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2748" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2749" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Remaining </td> <td id="new_id-2750" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2751" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2752" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> price of </td> <td id="new_id-2753" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2754" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2755" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Number of </td> <td id="new_id-2756" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2757" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2758" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> price of </td> <td id="new_id-2759" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2760" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2761" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> exercise </td> <td id="new_id-2762" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2763" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2764" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> options </td> <td id="new_id-2765" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2766" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2767" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> contractual </td> <td id="new_id-2768" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2769" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2770" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> outstanding </td> <td id="new_id-2771" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2772" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2773" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> options </td> <td id="new_id-2774" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2775" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2776" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> exercisable </td> <td id="new_id-2777" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2778" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2779" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Prices </td> <td id="new_id-2780" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2781" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2782" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Outstanding </td> <td id="new_id-2783" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2784" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2785" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> life (years) </td> <td id="new_id-2786" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2787" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2788" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Options </td> <td id="new_id-2789" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2790" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2791" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Exercisable </td> <td id="new_id-2792" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2793" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2794" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Options </td> <td id="new_id-2795" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-2796" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2797" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2798" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-2799" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2800" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2801" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2802" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-2803" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2804" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2805" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2806" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-2807" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2808" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2809" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2810" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-2811" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2812" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2813" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2814" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">31,250</td> <td id="new_id-2815" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2816" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2817" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2818" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-2819" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-2820" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2821" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2822" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-2823" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2824" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2825" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2826" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-2827" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2828" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2829" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2830" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-2831" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2832" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2833" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2834" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-2835" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2836" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2837" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2838" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-2839" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2840" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2841" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2842" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-2843" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-2844" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2845" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2846" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-2847" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2848" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2849" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2850" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-2851" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2852" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2853" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2854" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-2855" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2856" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2857" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2858" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-2859" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2860" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2861" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2862" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-2863" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2864" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2865" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2866" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-2867" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-2868" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2869" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2870" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-2871" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2872" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2873" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2874" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-2875" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2876" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2877" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2878" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-2879" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2880" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2881" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2882" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-2883" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2884" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2885" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2886" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">31,250</td> <td id="new_id-2887" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2888" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2889" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2890" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-2891" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-2892" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2893" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2894" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.20</td> <td id="new_id-2895" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2896" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2897" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2898" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,100,000</td> <td id="new_id-2899" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2900" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2901" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2902" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.59</td> <td id="new_id-2903" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2904" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2905" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2906" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.20</td> <td id="new_id-2907" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2908" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2909" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2910" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,075,000</td> <td id="new_id-2911" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2912" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2913" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2914" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.20</td> <td id="new_id-2915" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-2916" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2917" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2918" style="text-align: right; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2919" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px;"> </td> <td id="new_id-2920" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2921" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2922" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,100,000</td> <td id="new_id-2923" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2924" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2925" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2926" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1.76</td> <td id="new_id-2927" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2928" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2929" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2930" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.99</td> <td id="new_id-2931" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2932" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2933" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2934" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,037,500</td> <td id="new_id-2935" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2936" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2937" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2938" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.99</td> <td id="new_id-2939" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Transactions involving stock options are summarized as follows: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2940" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2941" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Number of Shares </td> <td id="new_id-2942" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2943" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2944" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Weighted Average Exercise Price </td> <td id="new_id-2945" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Options outstanding at December 31, 2021 </td> <td id="new_id-2946" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2947" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2948" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2,100,000</td> <td id="new_id-2949" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2950" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2951" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2952" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.99</td> <td id="new_id-2953" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td id="new_id-2954"> </td> <td id="new_id-2955"> </td> <td id="new_id-2956"> </td> <td id="new_id-2957"> </td> <td id="new_id-2958"> </td> <td id="new_id-2959"> </td> <td id="new_id-2960"> </td> <td id="new_id-2961"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Granted </td> <td id="new_id-2962" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2963" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2964" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2965" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2966" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2967" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2968" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2969" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Exercised </td> <td id="new_id-2970" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2971" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2972" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2973" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2974" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2975" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2976" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2977" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Cancelled / Expired </td> <td id="new_id-2978" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2979" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2980" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2981" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2982" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2983" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2984" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2985" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td id="new_id-2986"> </td> <td id="new_id-2987"> </td> <td id="new_id-2988"> </td> <td id="new_id-2989"> </td> <td id="new_id-2990"> </td> <td id="new_id-2991"> </td> <td id="new_id-2992"> </td> <td id="new_id-2993"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Options outstanding at March 31, 2022 (unaudited) </td> <td id="new_id-2994" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2995" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2996" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,100,000</td> <td id="new_id-2997" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2998" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2999" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3000" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.99</td> <td id="new_id-3001" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Options exercisable at March 31, 2022 (unaudited) </td> <td id="new_id-3002" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-3003" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-3004" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,037,500</td> <td id="new_id-3005" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3006" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-3007" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3008" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.99</td> <td id="new_id-3009" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Aggregate intrinsic value of options outstanding and exercisable at March 31, 2022 and 2021 was $0. Aggregate intrinsic value represents the difference between the Company’s closing stock price on the last trading day of the fiscal period, which was $0.30 and $0.43 as of March 31, 2022 and 2021, respectively, and the exercise price multiplied by the number of options outstanding. During the three months ended March 31, 2022 and 2021, the Company charged $2,326 and $36,080, respectively, to operations to recognized stock-based compensation expense for employee and board member stock options.

2837580

2623171

10000

25812

140400

438703

2326

22500

50070

99211

236184

36080

The following table summarizes the options outstanding at March 31, 2022 and the related prices for the options to purchase shares of the Company’s common stock issued by the Company: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td id="new_id-2678" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2679" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2680" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2681" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2682" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2683" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2684" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2685" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2686" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2687" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2688" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2689" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2690" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2691" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-2692" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2693" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2694" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2695" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2696" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2697" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2698" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-2699" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2700" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2701" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2702" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2703" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2704" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2705" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2706" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2707" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2708" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2709" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Weighted </td> <td id="new_id-2710" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2711" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2712" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> average </td> <td id="new_id-2713" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2714" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2715" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2716" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2717" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2718" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2719" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> average </td> <td id="new_id-2720" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2721" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2722" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2723" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2724" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2725" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2726" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2727" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2728" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2729" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2730" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> average </td> <td id="new_id-2731" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2732" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2733" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> exercise </td> <td id="new_id-2734" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2735" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2736" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2737" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2738" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2739" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2740" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> exercise </td> <td id="new_id-2741" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2742" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2743" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Range of </td> <td id="new_id-2744" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2745" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2746" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Number of </td> <td id="new_id-2747" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2748" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2749" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Remaining </td> <td id="new_id-2750" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2751" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2752" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> price of </td> <td id="new_id-2753" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2754" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2755" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Number of </td> <td id="new_id-2756" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2757" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2758" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> price of </td> <td id="new_id-2759" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2760" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2761" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> exercise </td> <td id="new_id-2762" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2763" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2764" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> options </td> <td id="new_id-2765" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2766" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2767" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> contractual </td> <td id="new_id-2768" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2769" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2770" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> outstanding </td> <td id="new_id-2771" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2772" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2773" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> options </td> <td id="new_id-2774" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2775" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2776" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> exercisable </td> <td id="new_id-2777" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td id="new_id-2778" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2779" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Prices </td> <td id="new_id-2780" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2781" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2782" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Outstanding </td> <td id="new_id-2783" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2784" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2785" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> life (years) </td> <td id="new_id-2786" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2787" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2788" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Options </td> <td id="new_id-2789" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2790" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2791" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Exercisable </td> <td id="new_id-2792" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2793" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2794" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Options </td> <td id="new_id-2795" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-2796" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2797" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2798" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-2799" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2800" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2801" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2802" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-2803" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2804" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2805" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2806" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-2807" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2808" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2809" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2810" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-2811" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2812" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2813" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2814" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">31,250</td> <td id="new_id-2815" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2816" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2817" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2818" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.60</td> <td id="new_id-2819" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-2820" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2821" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2822" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-2823" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2824" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2825" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2826" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-2827" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2828" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2829" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2830" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-2831" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2832" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2833" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2834" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-2835" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2836" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2837" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2838" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">360,000</td> <td id="new_id-2839" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2840" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2841" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2842" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.62</td> <td id="new_id-2843" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-2844" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2845" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2846" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-2847" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2848" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2849" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2850" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-2851" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2852" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2853" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2854" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.75</td> <td id="new_id-2855" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2856" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2857" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2858" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-2859" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2860" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2861" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2862" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">540,000</td> <td id="new_id-2863" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2864" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2865" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2866" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.85</td> <td id="new_id-2867" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-2868" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2869" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2870" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-2871" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2872" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2873" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2874" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">50,000</td> <td id="new_id-2875" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2876" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2877" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2878" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3.75</td> <td id="new_id-2879" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2880" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2881" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2882" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-2883" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2884" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2885" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2886" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">31,250</td> <td id="new_id-2887" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2888" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2889" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2890" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.00</td> <td id="new_id-2891" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td id="new_id-2892" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2893" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2894" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1.20</td> <td id="new_id-2895" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2896" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2897" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2898" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,100,000</td> <td id="new_id-2899" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2900" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2901" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2902" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.59</td> <td id="new_id-2903" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2904" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2905" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2906" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.20</td> <td id="new_id-2907" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2908" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2909" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2910" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,075,000</td> <td id="new_id-2911" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2912" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2913" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2914" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1.20</td> <td id="new_id-2915" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td id="new_id-2916" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2917" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2918" style="text-align: right; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2919" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px;"> </td> <td id="new_id-2920" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2921" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2922" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,100,000</td> <td id="new_id-2923" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2924" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2925" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2926" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">1.76</td> <td id="new_id-2927" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2928" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2929" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2930" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.99</td> <td id="new_id-2931" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2932" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2933" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2934" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,037,500</td> <td id="new_id-2935" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2936" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2937" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-2938" style="width: 13%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.99</td> <td id="new_id-2939" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

0.6

50000

P3Y9M

0.6

31250

0.6

0.62

360000

P1Y9M

0.62

360000

0.62

0.85

540000

P1Y9M

0.85

540000

0.85

50000

P3Y9M

31250

1.2

1100000

P1Y7M2D

1.2

1075000

1.2

2100000

P1Y9M3D

0.99

2037500

0.99

Transactions involving stock options are summarized as follows: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2940" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2941" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Number of Shares </td> <td id="new_id-2942" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-2943" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-2944" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Weighted Average Exercise Price </td> <td id="new_id-2945" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Options outstanding at December 31, 2021 </td> <td id="new_id-2946" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2947" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2948" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">2,100,000</td> <td id="new_id-2949" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2950" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2951" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2952" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">0.99</td> <td id="new_id-2953" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td id="new_id-2954"> </td> <td id="new_id-2955"> </td> <td id="new_id-2956"> </td> <td id="new_id-2957"> </td> <td id="new_id-2958"> </td> <td id="new_id-2959"> </td> <td id="new_id-2960"> </td> <td id="new_id-2961"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Granted </td> <td id="new_id-2962" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2963" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2964" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2965" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2966" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2967" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2968" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2969" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Exercised </td> <td id="new_id-2970" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2971" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2972" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2973" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2974" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2975" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-2976" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-2977" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Cancelled / Expired </td> <td id="new_id-2978" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2979" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-2980" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2981" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2982" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2983" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-2984" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-2985" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td id="new_id-2986"> </td> <td id="new_id-2987"> </td> <td id="new_id-2988"> </td> <td id="new_id-2989"> </td> <td id="new_id-2990"> </td> <td id="new_id-2991"> </td> <td id="new_id-2992"> </td> <td id="new_id-2993"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Options outstanding at March 31, 2022 (unaudited) </td> <td id="new_id-2994" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2995" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-2996" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,100,000</td> <td id="new_id-2997" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-2998" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-2999" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3000" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.99</td> <td id="new_id-3001" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Options exercisable at March 31, 2022 (unaudited) </td> <td id="new_id-3002" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-3003" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-3004" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,037,500</td> <td id="new_id-3005" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-3006" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-3007" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-3008" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">0.99</td> <td id="new_id-3009" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

2100000

0.99

2100000

0.99

2037500

0.99

0.3

0.43

2326

36080

18. SUBSEQUENT EVENTS On April 26, 2022, the Company engaged a consultant for services and issued the following securities as compensation: 142,857 shares of common stock with a fair value of $48,543, options to purchase 125,000 shares of common stock at a price of $0.41 per share with a fair value of $37,482; and options to purchase 125,000 shares of common stock at a price of $0.50 per share with a fair value of $36,386.

142857

48543

125000

0.41

37482

125000

0.5

36386

NONE Yes Yes

false --12-31 Q1 2022 0000312257