On April 10, 2013, we completed our IPO and converted the following indebtedness into shares of common stock at the IPO price of $10.00 per share:
| Converted Amount | Common Shares | |||||||
|
December 2011 Financing Transaction |
$ | 4,500,000 | 450,000 | |||||
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2012 Convertible Debt Financing Transaction |
3,000,000 | 300,000 | ||||||
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December 2012 Bridge Financing Transaction |
1,000,000 | 100,000 | ||||||
|
Business Lines of Credit (DAM) |
1,000,000 | 100,000 | ||||||
|
Other Note Payable and accrued interest |
134,300 | 13,430 | ||||||
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| $ | 9,634,300 | 963,430 | ||||||
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