Progressive Care Inc (RXMD)

[Nano-vv]

I understand, but what mostly impacted the losses this quarter?

———the Company’s net loss for 2018 was negatively impacted by the incremental increase in DIR fees; an amortized charge to operations of approximately $142,000 related to share-based compensation paid to officers, directors and employees; a non- operating loss of approximately $451,000 related to the change in fair value of the derivative liability from the embedded conversion feature in the Chicago Venture Partners note payable; and an increase in personnel associated with the continued growth and development of the Company.——