| Schedule of notes payable |
|
|
|
September 30, 2022
|
|
December 31, 2021
|
|
Convertible secured debentures
|
|
$
|
36,530,320 |
|
|
$
|
|
|
|
RCB Equities #1, LLC term loan credit agreement
|
|
|
|
|
|
|
14,708,333 |
|
|
Contingently convertible promissory notes:
|
|
|
|
|
|
|
|
|
|
Schlumberger Technology Corp.
|
|
|
|
|
|
|
1,500,000 |
|
|
Transocean Inc.
|
|
|
|
|
|
|
1,500,000 |
|
|
Goradia Capital LLC
|
|
|
|
|
|
|
5,000,000 |
|
|
Material Impact Fund II, LP
|
|
|
|
|
|
|
5,000,000 |
|
|
In-Q-Tel, Inc.
|
|
|
|
|
|
|
250,000 |
|
|
Total
|
|
|
36,530,320 |
|
|
|
27,958,333 |
|
|
Less: debt discount, net
|
|
|
(21,485,485 |
)
|
|
|
|
|
|
Less: current portion
|
|
|
|
|
|
|
(13,250,000 |
)
|
|
Total notes payable – long-term
|
|
$
|
15,044,835 |
|
|
$
|
14,708,333 |
|
|
|
|
|
December 31,
|
| |
|
2021
|
|
2020
|
|
Common stock repurchase note
|
|
$
|
—
|
|
|
$
|
484,836 |
|
|
Schlumberger Technology Corp. contingently convertible promissory note
|
|
|
1,500,000 |
|
|
|
1,500,000 |
|
|
Transocean Inc. contingently convertible promissory note
|
|
|
1,500,000 |
|
|
|
1,500,000 |
|
|
Goradia Capital LLC contingently convertible promissory note
|
|
|
5,000,000 |
|
|
|
—
|
|
|
Material Impact Fund II, LP contingently convertible promissory note
|
|
|
5,000,000 |
|
|
|
—
|
|
|
In-Q-Tel, Inc. contingently convertible promissory note
|
|
|
250,000 |
|
|
|
—
|
|
|
RCB Equities #1, LLC term loan credit agreement
|
|
|
14,708,333 |
|
|
|
—
|
|
|
Total
|
|
|
27,958,333 |
|
|
|
3,484,836 |
|
|
Less: current portion, unrelated parties
|
|
|
(10,250,000 |
)
|
|
|
(484,836 |
)
|
|
current portion, related parties
|
|
|
(3,000,000 |
)
|
|
|
(3,000,000 |
)
|
|
Total Notes payable – long-term
|
|
$
|
14,708,333 |
|
|
$
|
—
|
|
|