Mezzanine Equity |
6 Months Ended |
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Jul. 01, 2023 | |
| Temporary Equity [Abstract] | |
| Mezzanine Equity | Mezzanine Equity Series S Preferred Stock
On December 28, 2022 the Company acquired Soin Therapeutics by way of merger. In connection with this transaction, with a potential value of up to $30 million, the Company tendered 100,000 shares of the Company’s Series S Convertible Preferred Stock. Shares of Series S Convertible Preferred Stock are convertible into the Company’s common shares at a ratio of 1:1. As of July 1, 2023 and December 31, 2022, there were 100,000 shares of Series S Convertible Preferred Stock outstanding.
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- Definition Mezzanine Equity No definition available.
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- References No definition available.
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