Annual report pursuant to Section 13 and 15(d)

Business Combination (Tables)

v3.21.2
Business Combination (Tables)
12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of the assets acquired and the liabilities assumed in connection with the Business Combination
    KBL Merger
Corp. IV
 
Cash   $ 3,006,235  
Prepaid expenses     57,748  
Marketable securities held in Trust Account     10,373,857  
Accounts payable and accrued expenses     (4,722,933 )
Convertible notes payable, net of debt discount     (2,504,045 )
Derivative liabilities (see Note 11)     (3,945,365 )
Due to/from Related Party     (201,859 )
Loans payable     (10,000 )
Promissory note with 180     (496,161 )
Redemptions payable     (9,006,493 )
Net fair value of assets acquired and liabilities assumed     (6,813,017 )
Series A convertible preferred stock (see Note 15)     (1,411,264 )
Effect of reverse recapitalization   $ (8,860,281 )