Shareholders’ Deficit | Note 6 - Shareholders’ Deficit Preferred Stock The Company has authorized 5,000,000 Schedule of Preferred Stock Number of Shares Number of Shares Par Value Liquidation Value Series AA 1,000,000 25,000 $ 0.0010 $ - Preferred Series B 50,000 600 $ 0.0001 $ 100 Preferred Series C 8,000 738 $ 0.0001 $ 1,000 Preferred Series D 20,000 - $ 0.0001 $ 1,000 Undesignated 3,922,000 - - - Series AA Preferred Shares On February 22, 2013, the Board of Directors of the Company authorized an amendment to the Company’s Articles of Incorporation, as amended (the “Articles of Incorporation”), in the form of a Certificate of Designation that authorized the issuance of up to one million ( 1,000,000 0.001 Each holder of outstanding shares of Series AA Super Voting Preferred Stock shall be entitled to one hundred thousand (100,000) votes for each share of Series AA Super Voting Preferred Stock held on the record date for the determination of stockholders entitled to vote at each meeting of stockholders of the Company There was no activity during the six months ended June 30, 2023. There were 25,000 Series B Convertible Preferred Stock On February 7, 2017, the Company filed a certificate of designation for 50,000 75 three-year 150 100 There was no activity during the six months ended June 30, 2023. There were 600 Endonovo Therapeutics, Inc. Notes to Condensed Consolidated Financial Statements (continued) Series C Convertible Redeemable Preferred Stock On December 22, 2017, the Company filed a certificate of designation for 8,000 20 1,000 the Company filed the amended and restated certificate of designation fort its Series C Secured Redeemable Preferred Stock. The amendment changed the rights of the Series C by (a) removing the requirement to redeem the Series C, (b) removing the obligation to pay dividends on the Series C, (c) Allowing the holders of shares of Series C to convert the stated value of their shares into common stock of the Company at 75% of the closing price of such common stock on the day prior to the conversion. The C Preferred does not have any rights to vote with the common stock Upon liquidation, the holder of Series C, shall be entitled to receive an amount equal to the stated value, $ 1,000 There was no activity during the six months ended June 30, 2023. There were 738 Series D Convertible Preferred Stock On November 11, 2019, the Company filed a certificate of designation for 20,000 0.01 The Series D holders have no voting rights. Upon liquidation, the holder of Series D, shall be entitled to receive an amount equal to the stated value, $ 1,000 During the six months ended June 30, 2023, the Company issued 5,000,000 50 The Company is also committed to providing additional shares of common stock if the holders of Series D do not realize a 15% profit on the resale of the conversion shares 0 50 Common Stock Activity during the six months ended June 30, 2023 During the six months ended June 30, 2023, the Company issued 10,900,000 109,000 During the six months ended June 30, 2023, the Company issued 1,507,277 24,870 During the six months June 30, 2023, the Company issued 4,300,590 113,650 77,000 During the six months June 30, 2023, the Company issued 1667,000 24,338 During the six months ended June 30, 2023, the Company issued 5,967,590 During the six months ended June 30, 2023, the Company issued 13,850,000 188,950 During the six months ended June 30, 2023, the Company issued 5,000,000 50 39,398 During the six months ended June 30, 2023, the Company issued 5 1/2 units or the equivalent of 27,500,000 253,000 During the six months ended June 30, 2023, the Company issued 850,000 11,125 Activity during the six months ended June 30, 2022 During the six months ended June 30, 2022, the Company issued 10,200,000 93,796 110,204 During the six months ended June 30, 2022, the Company issued 2,428,777 During the six months ended June 30, 2022, the Company issued 1,050,000 During the six months ended June 30, 2022, the Company issued 62,250,000 1,281,900 Endonovo Therapeutics, Inc. Notes to Condensed Consolidated Financial Statements (continued) Stock Options The balance of all stock options outstanding as of June 30, 2023, is as follows: Schedule of Stock Options Outstanding Weighted Weighted Aggregate Exercise Price Contractual Intrinsic Options Per Share Term (years) Value Outstanding at December 31, 2022 3,012,410 $ 0.22 3.40 31,200 Granted 3,000,000 $ 0.01 - Cancelled (660 ) $ 11.60 - Exercised - $ - - Outstanding at June 30, 2023 6,011,750 $ 0.12 3.06 $ - Exercisable at June 30, 2023 1,011,750 $ 0.64 1.83 $ - Share-based compensation expenses for the six months ended June 30, 2023 and 2022, totaled approximately $ 6,000 0 36,000 2.5 Warrants The balance of all warrants outstanding as of June 30, 2023, is as follows: Schedule of Warrants Outstanding Outstanding Warrants Weighted Weighted Average Remaining Exercise Price Contractual Shares Per Share Term (years) Outstanding at December 31, 2022 2,000 $ 50.0 0.22 Granted - $ - - Cancelled (2,000 ) $ 50.0 - Exercised - $ - Outstanding at June 30, 2023 - $ - - Exercisable at June 30, 2023 - $ - - Endonovo Therapeutics, Inc. Notes to Condensed Consolidated Financial Statements (continued) |