Quarterly report pursuant to Section 13 or 15(d)

Note 15 - Supplemental Disclosure for Statements of Cash Flows

v3.20.2
Note 15 - Supplemental Disclosure for Statements of Cash Flows
9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Cash Flow, Supplemental Disclosures [Text Block]
1
5
.
Supplemental Disclosure for Statements of Cash Flows
 
During the
nine
-month periods ended
September 30, 2020
and
2019,
we paid interest aggregating
$5,000
and
$6,000,
respectively. During the
nine
-month period ended
September 30, 2020,
we issued
94,159
shares of our common stock valued at
$172,000
to our employees as partial payment in lieu of cash for their
2019
bonuses. During the
nine
-month periods ended
September 30, 2020
and
2019,
we issued
32,651
and
8,128
shares of our common stock as matching contributions to our
401
(k) Plan which were valued at
$40,000
and
$20,000,
respectively. During the
nine
-month period ended
September 30, 2020,
411,000
Series OO warrants to purchase the Company's common stock were exercised on a cashless basis in exchange for issuance of
300,595
shares of Navidea common stock. During the
nine
-month period ended
September 30, 2020,
the Company recorded a deemed dividend of approximately
$467,000
related to the BCF on
420,000
shares of Series C Preferred Stock, and
420,000
shares of Series C Preferred Stock were converted into
1,425,076
shares of Common Stock. Also during the
nine
-month period ended
September 30, 2020,
the Company recorded a deemed dividend of approximately
$17,000
related to the BCF on
1,500
shares of Series D Preferred Stock, and
1,500
shares of Series D Preferred Stock were converted into
56,497
shares of Common Stock.