18. SUBSEQUENT EVENTS‌

Foreign Currency Exchange Rates

The Argentine Peso to United States Dollar exchange rate was 134.388, 125.1201 and 102.6834 at August 12, June 30, 2022, and December 31, 2021, respectively.

The British pound to United States dollar exchange rate was 0.8227, 0.8232 and 0.7340 at August 12, June 30, 2022, and December 31, 2021, respectively.

Equity Incentive Plans

On July 1, 2022, the Board of Directors approved an increase in the number of shares available for awards under the 2018 Equity Incentive Plan, subject to stockholder approval, to 25% of the Company’s common stock outstanding on a fully diluted basis as of the date of stockholder approval.

Convertible Debt

On July 1, 2022, the Company and the holders of the GGH Notes entered into a letter agreement pursuant to which the parties agreed to reduce the Conversion Price to $0.30 for the Trading Days of July 5, 2022, through and inclusive of September 5, 2022.

During the period from July 6, 2022 through August 11, 2022, principal, interest and fees in the aggregate amount of $2,567,648 were converted into shares of 8,558,826 shares of common stock at a conversion price of $0.30 per share.

On August 12, 2022 the Company received notice from certain holders of GGH Notes to convert principal in the amount of $240,000 into 800,000 shares of common stock at a conversion price of $0.30 per share. These shares have not yet been issued as of the date of the issuance of these financial statements.

From July 13, 2022 through July 28, 2022, the Company issued convertible promissory notes to certain investors (the “Investor Notes”) in the aggregate amount of $972,500. The notes will automatically convert into units consisting of one share of common stock and a warrant for the purchase of common stock at a price equal to the lesser of (a) $0.55 per unit or (b) the three-day volume weighted average closing price (“VWAP”) of the Company’s common stock beginning on the date that is two days prior to stockholder approval of such conversion at the 2022 annual stockholder meeting. Each warrant issued upon the conversion of the Investor Notes will be exercisable at the same price per share as determined above.

Restricted Stock Units

On August 11, 2022, the Company issued an aggregate 278,814 restricted stock units with a grant date value of $108,737 to non-executive members of the Board of Directors.