Equity Offerings |
12 Months Ended |
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Dec. 31, 2023 | |
Equity Offerings | |
Equity Offerings |
16. Equity Offerings On August 24, 2022, the Company filed a prospectus supplement to its Form S-3 Registration Statement covering the sale of up to $75,000,000 of its common shares and shares of its Series A Preferred Stock (as defined in Note 19 below) with an aggregate liquidation preference of up to $25,000,000 in an “at-the market” offering, which is ongoing. During the year ended December 31, 2023, the Company sold an aggregate of 126,923 shares of Series A Preferred Stock having an aggregate liquidation preference of $3,173,075 and an aggregate of 5,546,891 common shares, realizing net proceeds of approximately $20.5 million. During the year ended December 31, 2022, the Company did not sell any shares of Series A Preferred Stock and sold an aggregate of 7,879,907 common shares, realizing net proceeds of approximately $39.3 million. At December 31, 2023, approximately $45.4 million of common shares and shares of Series A Preferred Stock having a liquidation preference of $22.4 million were available for future sale under the ongoing “at-the market” offering. |
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- References No definition available.
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- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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