If you don't want to read the post that's fine with me.
Kips bought Preferred. With the preferred they received warrants for more preferred, which they exercised.
Per your quote: "As of March 31, 2022, there was no Series 1 and 2 warrants outstanding since all warrants were exercised, and there were 1,165 shares of Series B-2 5% convertible preferred stock outstanding."
You've quoted the 10Q twice and in neither case was it at odds with my analysis.
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