Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

v3.22.2.2
Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Summary of Customers Concentrations

For the nine months ended September 30, 2022 and 2021, customer concentrations in excess of 10% consolidated sales are as follows:

 

 

 

Nine Months Ended Sept 30,

 

Period Ended September 30,

 

 

2022

 

2021

 

2022

 

2021

 

 

Sales

 

Accounts
Receivable

Customer A

 

36%

 

 

 

Customer B

 

 

12%

 

10%

 

13%

Customer C

 

10%

 

10%

 

12%

 

11%

Customer D

 

 

 

12%

 

11%

Customer E

 

 

 

10%

 

Schedule of Antidilutive Securities Excluded from Calculation of Earnings Per Share

As of September 30, 2022, the Company excluded the common stock equivalents summarized below, which entitle the holders thereof to ultimately acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive.

 

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Private Warrants

 

 

197,500

 

 

 

197,500

 

Public Warrants

 

 

10,800,000

 

 

 

10,800,000

 

Warrants - January Offering

 

 

10,294,118

 

 

 

 

Restricted Stock Awards - unvested

 

 

825,750

 

 

 

 

 

 

 

22,117,368

 

 

 

10,997,500