(1) Gives effect to this offering and gives effect to the cash redemption of 1,650 shares of our Series B Preferred Stock for approximately $2.0 million after the closing of the offering. Assumes net proceeds to us from this offering of $18,125,500, based on an assumed public offering price of $6.75 for each share of common stock and warrant, on a one for one basis, and no pre-funded warrants are sold in the offering. See “Use of Proceeds.” An increase (decrease) of $1.00 in the public offering price would increase (decrease) cash and cash equivalents and total assets by $3,134,815, assuming the number of shares of common stock offered by us, as set forth on the cover page of this prospectus, remains the same. Similarly, an increase (decrease) of 100,000 shares offered would increase (decrease) our total assets by approximately $675,000, assuming the public offering price remains the same.
https://sec.report/Document/0001493152-22-002747/
Under page 5