<?xml version="1.0" encoding="utf-8"?>
<!--Generated by DataTracks Rainbow Version 3.0 - www.datatracks.com - on 23-November-2021 [01:08:52] {AM}-->
<html xmlns:tblt="http://toughbuilt.com/20210930" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:dei="http://xbrl.sec.gov/dei/2021" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:deprecated="http://www.xbrl.org/2009/arcrole/deprecated" xmlns:country="http://xbrl.sec.gov/country/2021" xmlns:currency="http://xbrl.sec.gov/currency/2021" xmlns:exch="http://xbrl.sec.gov/exch/2021" xmlns:naics="http://xbrl.sec.gov/naics/2021" xmlns:sic="http://xbrl.sec.gov/sic/2021" xmlns:stpr="http://xbrl.sec.gov/stpr/2021" xmlns:us-gaap="http://fasb.org/us-gaap/2021-01-31" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:srt="http://fasb.org/srt/2021-01-31" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:xbrll="http://www.xbrl.org/2003/linkbase" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns="http://www.w3.org/1999/xhtml">
<head><title>Toughbuilt Industries, Inc</title><meta content="text/html; charset=UTF-8" http-equiv="Content-Type"/></head><body style=""><div style='display: none'><ix:header><ix:hidden><ix:nonNumeric name="dei:AmendmentFlag" contextRef="P01_01_2021To09_30_2021">false</ix:nonNumeric><ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentUsefulLife" id="hidden30270044" contextRef="P01_01_2021To09_30_2021_MinimumMembersrtRangeAxis">P3Y</ix:nonNumeric><ix:nonNumeric name="tblt:TermOfAgreement" id="hidden30269728" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_PresidentChiefExecutiveOfficerMembersrtTitleOfIndividualAxis">P5Y</ix:nonNumeric><ix:nonNumeric name="tblt:TermOfAgreement" id="hidden30269729" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_VicePresidentofDesignandDevelopmentMembersrtTitleOfIndividualAxis">P5Y</ix:nonNumeric><ix:nonNumeric name="tblt:TermOfAgreement" id="hidden30269730" contextRef="P01_02_2017To01_03_2017_ChiefOperatingOfficerAndSecretaryMembersrtTitleOfIndividualAxis_EmploymentAgreementMemberusgaapTypeOfArrangementAxis">P3Y</ix:nonNumeric><ix:nonNumeric name="dei:DocumentFiscalPeriodFocus" contextRef="P01_01_2021To09_30_2021">Q3</ix:nonNumeric><ix:nonNumeric name="dei:CurrentFiscalYearEndDate" contextRef="P01_01_2021To09_30_2021">--12-31</ix:nonNumeric><ix:nonNumeric name="dei:EntityCentralIndexKey" contextRef="P01_01_2021To09_30_2021">0001668370</ix:nonNumeric><ix:nonNumeric name="dei:EntityIncorporationStateCountryCode" id="hidden30269150" contextRef="P01_01_2021To09_30_2021">NV</ix:nonNumeric><ix:nonNumeric name="dei:EntityAddressStateOrProvince" id="hidden30269156" contextRef="P01_01_2021To09_30_2021">CA</ix:nonNumeric><ix:nonNumeric name="dei:EntityFilerCategory" id="hidden30269169" contextRef="P01_01_2021To09_30_2021">Non-accelerated Filer</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:type="simple" xlink:href="tblt-20210930.xsd"   /><link:linkbaseRef xlink:type="simple" xlink:href="tblt-20210930_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" /><link:linkbaseRef xlink:type="simple" xlink:href="tblt-20210930_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" /><link:linkbaseRef xlink:type="simple" xlink:href="tblt-20210930_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" /><link:linkbaseRef xlink:type="simple" xlink:href="tblt-20210930_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" /></ix:references><ix:resources><xbrli:context id="P01_01_2021To09_30_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_15_2020To04_15_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-15</xbrli:startDate>
    <xbrli:endDate>2020-04-15</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_31_2020To10_30_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-31</xbrli:startDate>
    <xbrli:endDate>2020-10-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn01_03_2017" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2017-01-03</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_02_2017To01_03_2017" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2017-01-02</xbrli:startDate>
    <xbrli:endDate>2017-01-03</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To03_31_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_10_2021To07_11_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-10</xbrli:startDate>
    <xbrli:endDate>2021-07-11</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P08_19_2019To08_19_2019" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-08-19</xbrli:startDate>
    <xbrli:endDate>2019-08-19</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_01_2020To06_30_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-01</xbrli:startDate>
    <xbrli:endDate>2020-06-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn08_19_2019" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-08-19</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn07_11_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-07-11</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To03_31_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_01_2021To06_30_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-04-01</xbrli:startDate>
    <xbrli:endDate>2021-06-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn11_22_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-11-22</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2019" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2020" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2021" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_OptionsAndRestrictedStockUnitsMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >tblt:OptionsAndRestrictedStockUnitsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_SeriesAandSeriesBNoteMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >tblt:SeriesAandSeriesBNoteMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_WarrantsMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >tblt:WarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_MinimumMembersrtRangeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MinimumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_MaximumMembersrtRangeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierThreeMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierSixMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFiveMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFiveMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierSixMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:AU</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:AU</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:CA</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:CA</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:EuropeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:EuropeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:NorthAmericaMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:NorthAmericaMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >tblt:OtherMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >tblt:OtherMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_MetalGoodsMembersrtProductOrServiceAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:ProductOrServiceAxis" >tblt:MetalGoodsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_SoftGoodsMembersrtProductOrServiceAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:ProductOrServiceAxis" >tblt:SoftGoodsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandSixteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_MinimumMembersrtRangeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MinimumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_FurnitureAndFixturesMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:FurnitureAndFixturesMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_ComputerEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:ComputerEquipmentMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:TwoThousandTwentyOfferingWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandSixteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_SeriesWarrantsMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >tblt:SeriesWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_CommonStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_PatentsMemberusgaapFiniteLivedIntangibleAssetsByMajorClassAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis" >us-gaap:PatentsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To09_30_2021_WarrantMemberusgaapFairValueByLiabilityClassAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_SteelBoxMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:SteelBoxMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_LeaseholdImprovementsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:LeaseholdImprovementsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_WebsiteDesignMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:WebsiteDesignMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_SoftwareAndSoftwareDevelopmentCostsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:SoftwareAndSoftwareDevelopmentCostsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_ToolingandMoldsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:ToolingandMoldsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_AutomobileAndTransportationMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:AutomobileAndTransportationMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_EquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:EquipmentMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_ComputerEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:ComputerEquipmentMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_FurnitureAndFixturesMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:FurnitureAndFixturesMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_SeriesENonConvertiblePreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >tblt:SeriesENonConvertiblePreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_TwoThousandAndTwentyOnePlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:TwoThousandAndTwentyOnePlacementAgentWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:TwoThousandTwentyOneOfferingWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:TwoThousandTwentyOfferingWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_SeriesAWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:SeriesAWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_ClassBWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:ClassBWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_PlacementAgentWarrantsTwoMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:PlacementAgentWarrantsTwoMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_PlacementAgentWarrantsOneMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:PlacementAgentWarrantsOneMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:PlacementAgentWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_OctoberPrivatePlacementMemberusgaapSubsidiarySaleOfStockAxis_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:PlacementAgentWarrantsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:OctoberPrivatePlacementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_AugustFinancingMemberusgaapSubsidiarySaleOfStockAxis_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:PlacementAgentWarrantsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:AugustFinancingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_MinimumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MinimumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandSixteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandSixteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_MeasurementInputPriceVolatilityMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:MeasurementInputTypeAxis" >us-gaap:MeasurementInputPriceVolatilityMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MinimumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_MaximumMembersrtRangeAxis_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:MeasurementInputTypeAxis" >us-gaap:MeasurementInputExpectedTermMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:MeasurementInputTypeAxis" >us-gaap:MeasurementInputExpectedTermMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MinimumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_MaximumMembersrtRangeAxis_MeasurementInputRiskFreeInterestRateMemberusgaapMeasurementInputTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:MeasurementInputTypeAxis" >us-gaap:MeasurementInputRiskFreeInterestRateMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_MeasurementInputRiskFreeInterestRateMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:MeasurementInputTypeAxis" >us-gaap:MeasurementInputRiskFreeInterestRateMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MinimumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_MaximumMembersrtRangeAxis_MeasurementInputPriceVolatilityMemberusgaapMeasurementInputTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:MeasurementInputTypeAxis" >us-gaap:MeasurementInputPriceVolatilityMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapClassOfWarrantOrRightAxis_WarrantMemberusgaapFairValueByLiabilityClassAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis" >tblt:TwoThousandTwentyOneOfferingWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_PlacementAgentWarrantsMemberusgaapClassOfWarrantOrRightAxis_WarrantMemberusgaapFairValueByLiabilityClassAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis" >tblt:PlacementAgentWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_SteelBoxMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:SteelBoxMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_LeaseholdImprovementsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:LeaseholdImprovementsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_WebsiteDesignMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:WebsiteDesignMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_SoftwareAndSoftwareDevelopmentCostsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:SoftwareAndSoftwareDevelopmentCostsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_ToolingandMoldsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:ToolingandMoldsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_AutomobileAndTransportationMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:AutomobileAndTransportationMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_EquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:EquipmentMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_ComputerEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:ComputerEquipmentMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_FurnitureAndFixturesMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:FurnitureAndFixturesMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_SeriesENonConvertiblePreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >tblt:SeriesENonConvertiblePreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_SeriesAWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:SeriesAWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_ClassBWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:ClassBWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:PlacementAgentWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierSixMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFiveMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:AU</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:CA</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:EuropeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:NorthAmericaMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >tblt:OtherMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_MetalGoodsMembersrtProductOrServiceAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:ProductOrServiceAxis" >tblt:MetalGoodsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_SoftGoodsMembersrtProductOrServiceAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:ProductOrServiceAxis" >tblt:SoftGoodsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2021To09_30_2021_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandSixteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierSixMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFiveMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:AU</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:CA</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:EuropeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:NorthAmericaMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >tblt:OtherMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_MetalGoodsMembersrtProductOrServiceAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:ProductOrServiceAxis" >tblt:MetalGoodsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_SoftGoodsMembersrtProductOrServiceAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:ProductOrServiceAxis" >tblt:SoftGoodsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2020_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandSixteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To03_31_2021_AprilOneTwoThousandAndTwentyThroughMarchThirtyOneTwothousandAndTwentyFiveMembersrtStatementScenarioAxis_MaximumMembersrtRangeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementScenarioAxis" >tblt:AprilOneTwoThousandAndTwentyThroughMarchThirtyOneTwothousandAndTwentyFiveMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To03_31_2021_AprilOneTwoThousandAndTwentyThroughMarchThirtyOneTwothousandAndTwentyFiveMembersrtStatementScenarioAxis_MinimumMembersrtRangeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementScenarioAxis" >tblt:AprilOneTwoThousandAndTwentyThroughMarchThirtyOneTwothousandAndTwentyFiveMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MinimumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To03_31_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To03_31_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To03_31_2021_SeriesAWarrantMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:SeriesAWarrantMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To03_31_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_01_2021To06_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-04-01</xbrli:startDate>
    <xbrli:endDate>2021-06-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_01_2021To06_30_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-04-01</xbrli:startDate>
    <xbrli:endDate>2021-06-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To03_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To03_31_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To03_31_2020_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandSixteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-03-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-01</xbrli:startDate>
    <xbrli:endDate>2020-06-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_01_2020To06_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-01</xbrli:startDate>
    <xbrli:endDate>2020-06-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_01_2020To06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-01</xbrli:startDate>
    <xbrli:endDate>2020-06-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_01_2020To06_30_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-01</xbrli:startDate>
    <xbrli:endDate>2020-06-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_02_2020To06_02_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-06-02</xbrli:startDate>
    <xbrli:endDate>2020-06-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_02_2020To06_02_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis_WarrantMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-06-02</xbrli:startDate>
    <xbrli:endDate>2020-06-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_02_2020To06_02_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-06-02</xbrli:startDate>
    <xbrli:endDate>2020-06-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_28_2020To01_28_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-28</xbrli:startDate>
    <xbrli:endDate>2020-01-28</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_28_2020To01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis_WarrantMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-28</xbrli:startDate>
    <xbrli:endDate>2020-01-28</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_28_2020To01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-28</xbrli:startDate>
    <xbrli:endDate>2020-01-28</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P08_19_2019To08_19_2019_InstitutionalInvestorMembersrtTitleOfIndividualAxis_SecuritiesPurchaseAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:SecuritiesPurchaseAgreementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:InstitutionalInvestorMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-08-19</xbrli:startDate>
    <xbrli:endDate>2019-08-19</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P08_19_2019To08_19_2019_InvestorMembersrtTitleOfIndividualAxis_NotesMemberusgaapDebtInstrumentAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >us-gaap:InvestorMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis" >tblt:NotesMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-08-19</xbrli:startDate>
    <xbrli:endDate>2019-08-19</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P08_19_2019To08_19_2019_InvestorMembersrtTitleOfIndividualAxis_SeriesANoteMemberusgaapDebtInstrumentAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >us-gaap:InvestorMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis" >tblt:SeriesANoteMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-08-19</xbrli:startDate>
    <xbrli:endDate>2019-08-19</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P08_19_2019To08_19_2019_InvestorMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >us-gaap:InvestorMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-08-19</xbrli:startDate>
    <xbrli:endDate>2019-08-19</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn08_19_2019_InstitutionalInvestorMembersrtTitleOfIndividualAxis_SecuritiesPurchaseAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:SecuritiesPurchaseAgreementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:InstitutionalInvestorMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-08-19</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn08_19_2019_InvestorMembersrtTitleOfIndividualAxis_NotesMemberusgaapDebtInstrumentAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >us-gaap:InvestorMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis" >tblt:NotesMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-08-19</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn08_19_2019_InvestorMembersrtTitleOfIndividualAxis_SeriesANoteMemberusgaapDebtInstrumentAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis" >tblt:SeriesANoteMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >us-gaap:InvestorMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-08-19</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFiveMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFourMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierSixMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsPayableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:AU</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:CA</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:EuropeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:NorthAmericaMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >tblt:OtherMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:AccountsReceivableMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_InvestorMembersrtTitleOfIndividualAxis_NotesMemberusgaapDebtInstrumentAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >us-gaap:InvestorMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis" >tblt:NotesMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_SeriesENonConvertiblePreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >tblt:SeriesENonConvertiblePreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To12_31_2020_ConsultantMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:ConsultantMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-12-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_21_2019_BoardofDirectorsMembersrtTitleOfIndividualAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-12-21</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_23_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:ExchangeAgreementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >us-gaap:InvestorMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-12-23</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:ExchangeAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-11-20</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:ExchangeAgreementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >us-gaap:InvestorMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-11-20</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P11_20_2020To11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >us-gaap:InvestorMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:ExchangeAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-11-20</xbrli:startDate>
    <xbrli:endDate>2020-11-20</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn04_30_2020_PaycheckProtectionProgramMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:PaycheckProtectionProgramMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-04-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_OptionsAndRestrictedStockUnitsMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >tblt:OptionsAndRestrictedStockUnitsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_SeriesAandSeriesBNoteMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >tblt:SeriesAandSeriesBNoteMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_WarrantsMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" >tblt:WarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierOneMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierThreeMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFourMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierSixMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:CustomerTwoMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:CustomerConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:MajorCustomersAxis" >tblt:SupplierFiveMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >tblt:PurchaseMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:SupplierConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:AU</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >country:CA</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:EuropeMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >srt:NorthAmericaMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis" >tblt:OtherMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByBenchmarkAxis" >us-gaap:SalesRevenueNetMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis" >us-gaap:GeographicConcentrationRiskMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_MetalGoodsMembersrtProductOrServiceAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:ProductOrServiceAxis" >tblt:MetalGoodsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_SoftGoodsMembersrtProductOrServiceAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:ProductOrServiceAxis" >tblt:SoftGoodsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2020To09_30_2020_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandSixteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-01</xbrli:startDate>
    <xbrli:endDate>2020-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_PresidentChiefExecutiveOfficerMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:PresidentChiefExecutiveOfficerMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:EmploymentAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2017-01-02</xbrli:startDate>
    <xbrli:endDate>2017-01-03</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_VicePresidentofDesignandDevelopmentMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:EmploymentAgreementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:VicePresidentofDesignandDevelopmentMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2017-01-02</xbrli:startDate>
    <xbrli:endDate>2017-01-03</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_02_2017To01_03_2017_ChiefOperatingOfficerAndSecretaryMembersrtTitleOfIndividualAxis_EmploymentAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:ChiefOperatingOfficerAndSecretaryMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:EmploymentAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2017-01-02</xbrli:startDate>
    <xbrli:endDate>2017-01-03</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_13_2019To06_14_2019_ChiefFinancialOfficerMembersrtTitleOfIndividualAxis_VerbalConsultingArrangementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:VerbalConsultingArrangementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >srt:ChiefFinancialOfficerMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-06-13</xbrli:startDate>
    <xbrli:endDate>2019-06-14</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To07_02_2020_ChiefFinancialOfficerMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >srt:ChiefFinancialOfficerMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2020-07-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_11_2018To04_12_2018_MichaelPanosianMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:MichaelPanosianMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2018-04-11</xbrli:startDate>
    <xbrli:endDate>2018-04-12</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_11_2018To04_12_2018_EdwinMinassianMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:EdwinMinassianMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2018-04-11</xbrli:startDate>
    <xbrli:endDate>2018-04-12</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn04_12_2018_EdwinMinassianMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:EdwinMinassianMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2018-04-12</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P09_10_2018To09_14_2018_EdwinMinassianMembersrtTitleOfIndividualAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:EdwinMinassianMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2018-09-10</xbrli:startDate>
    <xbrli:endDate>2018-09-14</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P11_25_2019To11_26_2019_AmericanArbitrationAssociationMemberdeiLegalEntityAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="dei:LegalEntityAxis" >tblt:AmericanArbitrationAssociationMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-11-25</xbrli:startDate>
    <xbrli:endDate>2019-11-26</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P11_25_2019To11_26_2019_AmericanArbitrationAssociationMemberdeiLegalEntityAxis_CrossDemandMembersrtLitigationCaseAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="dei:LegalEntityAxis" >tblt:AmericanArbitrationAssociationMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:LitigationCaseAxis" >tblt:CrossDemandMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-11-25</xbrli:startDate>
    <xbrli:endDate>2019-11-26</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P02_23_2020To02_24_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-02-23</xbrli:startDate>
    <xbrli:endDate>2020-02-24</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P02_23_2020To02_24_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-02-23</xbrli:startDate>
    <xbrli:endDate>2020-02-24</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_27_2020To01_28_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-27</xbrli:startDate>
    <xbrli:endDate>2020-01-28</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_27_2020To01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis_WarrantMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-27</xbrli:startDate>
    <xbrli:endDate>2020-01-28</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_27_2020To01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-27</xbrli:startDate>
    <xbrli:endDate>2020-01-28</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_27_2020To01_28_2020_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:TwoThousandTwentyOfferingWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-01-27</xbrli:startDate>
    <xbrli:endDate>2020-01-28</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_11_2020To06_12_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-06-11</xbrli:startDate>
    <xbrli:endDate>2020-06-12</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_11_2020To06_12_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-06-11</xbrli:startDate>
    <xbrli:endDate>2020-06-12</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_01_2020To06_02_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-06-01</xbrli:startDate>
    <xbrli:endDate>2020-06-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_01_2020To06_02_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis_WarrantMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-06-01</xbrli:startDate>
    <xbrli:endDate>2020-06-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_01_2020To06_02_2020_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:TwoThousandTwentyOfferingWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-06-01</xbrli:startDate>
    <xbrli:endDate>2020-06-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_17_2021To01_19_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:AtTheMarketOfferingAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-17</xbrli:startDate>
    <xbrli:endDate>2021-01-19</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2021To01_31_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:AtTheMarketOfferingAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-01-01</xbrli:startDate>
    <xbrli:endDate>2021-01-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P02_01_2021To02_02_2021_SecondAtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:SecondAtTheMarketOfferingAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-02-01</xbrli:startDate>
    <xbrli:endDate>2021-02-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P02_01_2021To07_31_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:AtTheMarketOfferingAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-02-01</xbrli:startDate>
    <xbrli:endDate>2021-07-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P02_01_2021To07_31_2021_SecondAtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:SecondAtTheMarketOfferingAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-02-01</xbrli:startDate>
    <xbrli:endDate>2021-07-31</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P03_25_2021To03_26_2021_InstitutionalInvestorMembersrtTitleOfIndividualAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:InstitutionalInvestorMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-03-25</xbrli:startDate>
    <xbrli:endDate>2021-03-26</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn01_24_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorsMembersrtTitleOfIndividualAxis_SeriesAWarrantsAndSeriesBWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:ExchangeAgreementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:InvestorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:SeriesAWarrantsAndSeriesBWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-01-24</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn01_24_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorsMembersrtTitleOfIndividualAxis_SeriesAWarrantsAndSeriesBWarrantsOneMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:ExchangeAgreementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:InvestorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:SeriesAWarrantsAndSeriesBWarrantsOneMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-01-24</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_23_2019To01_24_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorsMembersrtTitleOfIndividualAxis_SeriesAWarrantsAndSeriesBWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:ExchangeAgreementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:SeriesAWarrantsAndSeriesBWarrantsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:InvestorsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-01-23</xbrli:startDate>
    <xbrli:endDate>2019-01-24</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_23_2019To01_24_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorsMembersrtTitleOfIndividualAxis_SeriesAWarrantsAndSeriesBWarrantsOneMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:SeriesAWarrantsAndSeriesBWarrantsOneMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:InvestorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:ExchangeAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2019-01-23</xbrli:startDate>
    <xbrli:endDate>2019-01-24</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2021_SeriesAWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:SeriesAWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_10_2021To07_11_2021_WarrantMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-10</xbrli:startDate>
    <xbrli:endDate>2021-07-11</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_10_2021To07_11_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:TwoThousandTwentyOneOfferingWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-10</xbrli:startDate>
    <xbrli:endDate>2021-07-11</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P01_01_2017To01_03_2017_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandSixteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2017-01-01</xbrli:startDate>
    <xbrli:endDate>2017-01-03</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2018_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2018-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_29_2018To07_02_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2018-06-29</xbrli:startDate>
    <xbrli:endDate>2018-07-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_29_2018To07_02_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2018-06-29</xbrli:startDate>
    <xbrli:endDate>2018-07-02</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn07_02_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2018-07-02</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn07_02_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2018-07-02</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_12_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_MinimumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MinimumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2018-09-12</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_12_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2018-09-12</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_09_2019_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:BoardofDirectorsMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:RangeAxis" >srt:MaximumMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-06-09</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P09_11_2018To09_14_2018_EmployeesandOfficersMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:EmployeesandOfficersMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2018-09-11</xbrli:startDate>
    <xbrli:endDate>2018-09-14</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P09_11_2018To09_14_2018_AnniversariesofTheGrantDateMembersrtStatementScenarioAxis_EmployeesandOfficersMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:EmployeesandOfficersMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:StatementScenarioAxis" >tblt:AnniversariesofTheGrantDateMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2018-09-11</xbrli:startDate>
    <xbrli:endDate>2018-09-14</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_14_2018_EmployeesandOfficersMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis" >tblt:EmployeesandOfficersMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2018-09-14</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_03_2020To04_04_2020_RestrictedStockUnitsMemberusgaapStatementEquityComponentsAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:RestrictedStockUnitsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-03</xbrli:startDate>
    <xbrli:endDate>2020-04-04</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_03_2020To04_04_2020_JanuaryOneTwoThousandAndTwentyOneMembersrtStatementScenarioAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:StatementScenarioAxis" >tblt:JanuaryOneTwoThousandAndTwentyOneMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-03</xbrli:startDate>
    <xbrli:endDate>2020-04-04</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_03_2020To04_04_2020_JanuaryOneTwoThousandAndTwentyTwoMembersrtStatementScenarioAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:StatementScenarioAxis" >tblt:JanuaryOneTwoThousandAndTwentyTwoMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-03</xbrli:startDate>
    <xbrli:endDate>2020-04-04</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P04_03_2020To04_04_2020_JanuaryOneTwoThousandAndTwentyThreeMembersrtStatementScenarioAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PlanNameAxis" >tblt:TwoThousandEighteenEquityIncentivePlanMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="srt:StatementScenarioAxis" >tblt:JanuaryOneTwoThousandAndTwentyThreeMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-04-03</xbrli:startDate>
    <xbrli:endDate>2020-04-04</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_11_2021To07_11_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:TwoThousandTwentyOneOfferingWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-11</xbrli:startDate>
    <xbrli:endDate>2021-07-11</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn07_11_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >tblt:TwoThousandTwentyOneOfferingWarrantsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-07-11</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn07_11_2021_EngagementLetterMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:EngagementLetterMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-07-11</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:SubsidiarySaleOfStockAxis" >tblt:PublicOfferingMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-01-28</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_14_2021To07_14_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:AtTheMarketOfferingAgreementMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-14</xbrli:startDate>
    <xbrli:endDate>2021-07-14</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_14_2021To07_14_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:TypeOfArrangementAxis" >tblt:AtTheMarketOfferingAgreementMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2021-07-14</xbrli:startDate>
    <xbrli:endDate>2021-07-14</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P11_01_2020To09_30_2021_ProductEquipmentmemberMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:ProductEquipmentmemberMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-11-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P10_01_2020To09_30_2021_TransportationEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:TransportationEquipmentMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-10-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P09_01_2020To09_30_2021_ToolsDiesAndMoldsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:ToolsDiesAndMoldsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-09-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P08_01_2020To09_30_2021_SoftwareDevelopmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >us-gaap:SoftwareDevelopmentMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-08-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P07_01_2020To09_30_2021_WebDesignMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:WebDesignMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-07-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="P06_01_2020To09_30_2021_SteelBoxmemberMemberusgaapPropertyPlantAndEquipmentByTypeAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis" >tblt:SteelBoxmemberMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:startDate>2020-06-01</xbrli:startDate>
    <xbrli:endDate>2021-09-30</xbrli:endDate>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_WarrantMemberusgaapFairValueByLiabilityClassAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_WarrantMemberusgaapFairValueByLiabilityClassAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis" >us-gaap:WarrantMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn09_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-09-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2021-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2019_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2019_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn12_31_2019_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2019-12-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesCPreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesDPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:SeriesEPreferredStockMember</xbrldi:explicitMember>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:PreferredStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn03_31_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-03-31</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:CommonStockMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:context id="PAsOn06_30_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" >
  <xbrli:entity>
    <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668370</xbrli:identifier>
    <xbrli:segment>
      <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis" >us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
    </xbrli:segment>
  </xbrli:entity>
  <xbrli:period>
    <xbrli:instant>2020-06-30</xbrli:instant>
  </xbrli:period>
</xbrli:context><xbrli:unit id="Unit_shares" >
  <xbrli:measure>xbrli:shares</xbrli:measure>
</xbrli:unit><xbrli:unit id="Unit_USD" >
  <xbrli:measure>iso4217:USD</xbrli:measure>
</xbrli:unit><xbrli:unit id="Unit_Year" >
  <xbrli:measure>utr:Year</xbrli:measure>
</xbrli:unit><xbrli:unit id="Unit_pure" >
  <xbrli:measure>xbrli:pure</xbrli:measure>
</xbrli:unit><xbrli:unit id="Unit_USD_per_Share" >
  <xbrli:divide>
    <xbrli:unitNumerator>
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unitNumerator>
    <xbrli:unitDenominator>
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unitDenominator>
  </xbrli:divide>
</xbrli:unit><xbrli:unit id="Unit_SEGMENT" >
  <xbrli:measure>tblt:SEGMENT</xbrli:measure>
</xbrli:unit><xbrli:unit id="Unit_Integer" >
  <xbrli:measure>tblt:Integer</xbrli:measure>
</xbrli:unit><xbrli:unit id="Unit_Y" >
  <xbrli:measure>utr:Y</xbrli:measure>
</xbrli:unit></ix:resources></ix:header></div><div style="width: 100%; margin-bottom: 3pt;"><div style="font-size: 1pt; border-top-color: black; border-bottom-color: black; border-top-width: 2pt; border-bottom-width: 1pt; border-top-style: solid; border-bottom-style: solid;">&#160;</div></div><div style="margin-bottom: 0px; margin-top: 0px;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 18pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">UNITED STATES</div></div></div><div style="font: 18pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">SECURITIES AND EXCHANGE COMMISSION</div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Washington, D.C. 20549</div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 18pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">FORM <ix:nonNumeric name="dei:DocumentType" contextRef="P01_01_2021To09_30_2021">10-Q</ix:nonNumeric></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:DocumentQuarterlyReport" contextRef="P01_01_2021To09_30_2021" format="ixt:booleantrue">&#9746;</ix:nonNumeric></div> QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">For the quarterly period ended <div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;"><ix:nonNumeric name="dei:DocumentPeriodEndDate" contextRef="P01_01_2021To09_30_2021" format="ixt:datemonthdayyearen">September 30, <ix:nonNumeric name="dei:DocumentFiscalYearFocus" contextRef="P01_01_2021To09_30_2021">2021</ix:nonNumeric></ix:nonNumeric></div></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">OR</div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:DocumentTransitionReport" contextRef="P01_01_2021To09_30_2021" format="ixt:booleanfalse">&#9744;</ix:nonNumeric></div> TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">For the transition period from _____to_____</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commission File Number: <div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;"><ix:nonNumeric name="dei:EntityFileNumber" contextRef="P01_01_2021To09_30_2021">001-38739</ix:nonNumeric></div></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 18pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:EntityRegistrantName" contextRef="P01_01_2021To09_30_2021">TOUGHBUILT INDUSTRIES, INC.</ix:nonNumeric></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(Exact name of registrant as specified in its charter)</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"><tr style="vertical-align: top;"><td style="width: 50%; text-align: center; font-size: 10pt; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><span style="-sec-ix-hidden:hidden30269150">Nevada</span></div></div></td><td style="width: 1%; text-align: center; font-size: 10pt; padding-bottom: 1pt;">&#160;</td><td style="width: 49%; text-align: center; font-size: 10pt; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:EntityTaxIdentificationNumber" contextRef="P01_01_2021To09_30_2021">46-0820877</ix:nonNumeric></div></div></td></tr><tr style="vertical-align: top;"><td><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(State or other jurisdiction of</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">incorporation or organization)</div></div></td><td style="text-align: center; font-size: 10pt;">&#160;</td><td><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(I.R.S. Employer</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Identification No.)</div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"><tr><td style="width: 50%; vertical-align: top; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:EntityAddressAddressLine1" contextRef="P01_01_2021To09_30_2021">25371 Commercentre Drive</ix:nonNumeric>, <ix:nonNumeric name="dei:EntityAddressAddressLine2" contextRef="P01_01_2021To09_30_2021">Suite 200</ix:nonNumeric></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:EntityAddressCityOrTown" contextRef="P01_01_2021To09_30_2021">Lake Forest</ix:nonNumeric>, <span style="-sec-ix-hidden:hidden30269156">CA</span></div></div></div></td><td style="width: 1%; text-align: center; font-size: 10pt; vertical-align: top; padding-bottom: 1pt;">&#160;</td><td style="width: 49%; text-align: center; font-size: 10pt; vertical-align: bottom; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:EntityAddressPostalZipCode" contextRef="P01_01_2021To09_30_2021">92630</ix:nonNumeric></div></div></td></tr><tr style="vertical-align: top;"><td style="text-align: center; font-size: 10pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(Address of principal executive offices)</div></td><td style="text-align: center; font-size: 10pt;">&#160;</td><td style="text-align: center; font-size: 10pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(Zip Code)</div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"><tr style="vertical-align: top;"><td style="text-align: center; font-size: 10pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">(<ix:nonNumeric name="dei:CityAreaCode" contextRef="P01_01_2021To09_30_2021">949</ix:nonNumeric>) <ix:nonNumeric name="dei:LocalPhoneNumber" contextRef="P01_01_2021To09_30_2021">528-3100</ix:nonNumeric></div></div></div></td></tr><tr style="vertical-align: top;"><td style="text-align: center; font-size: 10pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(Registrant&#8217;s telephone number, including area code)</div></td></tr><tr style="vertical-align: top;"><td style="text-align: center; font-size: 10pt;">&#160;</td></tr><tr style="vertical-align: top;"><td style="text-align: center; font-size: 10pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">N/A</div></div></div></td></tr><tr style="vertical-align: top;"><td style="text-align: center; font-size: 10pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(Former name, former address and formal fiscal year, if changed since last report)</div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Securities registered pursuant to Section 12(b) of the Act:</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"><tr><td style="width: 32%; text-align: center; vertical-align: bottom; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Title of each class:</div></div></td><td style="width: 1%; text-align: center; vertical-align: top; padding-bottom: 1pt;">&#160;</td><td style="width: 21%; text-align: center; vertical-align: bottom; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Trading Symbol(s)</div></div></td><td style="width: 1%; text-align: center; vertical-align: bottom; padding-bottom: 1pt;">&#160;</td><td style="width: 45%; text-align: center; vertical-align: bottom; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Name of each exchange on which registered:</div></div></td></tr><tr><td style="text-align: center; vertical-align: top;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2021To09_30_2021_CommonStockMemberusgaapStatementClassOfStockAxis">Common Stock</ix:nonNumeric></div></td><td style="text-align: center; vertical-align: top;">&#160;</td><td style="text-align: center; vertical-align: top;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2021To09_30_2021_CommonStockMemberusgaapStatementClassOfStockAxis">TBLT</ix:nonNumeric></div></td><td style="text-align: center; vertical-align: bottom;">&#160;</td><td style="text-align: center; vertical-align: top;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2021To09_30_2021_CommonStockMemberusgaapStatementClassOfStockAxis" format="ixt-sec:exchnameen">NASDAQ</ix:nonNumeric> CAPITAL MARKET</div></td></tr><tr><td style="text-align: center; vertical-align: top;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2021To09_30_2021_SeriesWarrantsMemberusgaapStatementClassOfStockAxis">Series A Warrants</ix:nonNumeric></div></td><td style="text-align: center; vertical-align: top;">&#160;</td><td style="text-align: center; vertical-align: top;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2021To09_30_2021_SeriesWarrantsMemberusgaapStatementClassOfStockAxis">TBLTW</ix:nonNumeric></div></td><td style="text-align: center; vertical-align: bottom;">&#160;</td><td style="text-align: center; vertical-align: top;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2021To09_30_2021_SeriesWarrantsMemberusgaapStatementClassOfStockAxis" format="ixt-sec:exchnameen">NASDAQ</ix:nonNumeric> CAPITAL MARKET</div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: right; font-size-adjust: none; font-stretch: normal;"><ix:nonNumeric name="dei:EntityCurrentReportingStatus" contextRef="P01_01_2021To09_30_2021">Yes</ix:nonNumeric> <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;">&#9746;</div> No <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;">&#9744;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (&#167;232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: right; font-size-adjust: none; font-stretch: normal;"><ix:nonNumeric name="dei:EntityInteractiveDataCurrent" contextRef="P01_01_2021To09_30_2021">Yes</ix:nonNumeric> <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;">&#9746;</div> No <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;">&#9744;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company,&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act.</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"><tr style="vertical-align: top;"><td style="width: 15%;">&#160;</td><td style="width: 35%; text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Large accelerated filer <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;">&#9744;</div></div></td><td style="width: 35%; text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accelerated filer <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;">&#9744;</div></div></td><td style="width: 15%;">&#160;</td></tr><tr style="vertical-align: top;"><td>&#160;</td><td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><span style="-sec-ix-hidden:hidden30269169">Non-accelerated filer</span> <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;">&#9746;</div></div></td><td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Smaller reporting company <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntitySmallBusiness" contextRef="P01_01_2021To09_30_2021" format="ixt:booleantrue">&#9746;</ix:nonNumeric></div></div></td><td>&#160;</td></tr><tr style="vertical-align: top;"><td>&#160;</td><td style="text-align: justify;">&#160;</td><td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Emerging growth company <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityEmergingGrowthCompany" contextRef="P01_01_2021To09_30_2021" format="ixt:booleantrue">&#9746;</ix:nonNumeric></div></div></td><td>&#160;</td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to section 13(a) of the Exchange Act. <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityExTransitionPeriod" contextRef="P01_01_2021To09_30_2021" format="ixt:booleanfalse">&#9744;</ix:nonNumeric></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;">Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;">&#9744;</div> No <div style="font-family: &quot;Times New Roman&quot;, Times, serif; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityShellCompany" contextRef="P01_01_2021To09_30_2021" format="ixt:booleanfalse">&#9746;</ix:nonNumeric></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-indent: 0px;;display:inline;">As of November 22, 2021</div>, the registrant had <ix:nonFraction name="dei:EntityCommonStockSharesOutstanding" contextRef="PAsOn11_22_2021" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">129,299,607</ix:nonFraction> shares of common stock, $0.0001 par value per share outstanding.</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"></div><div style="margin-bottom: 0px; margin-top: 0px;"></div><div style="width: 100%; margin-top: 3pt;"><div style="font-size: 1pt; border-top-color: black; border-bottom-color: black; border-top-width: 1pt; border-bottom-width: 2pt; border-top-style: solid; border-bottom-style: solid;">&#160;</div></div><div style="margin-bottom: 0px; margin-top: 0px;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="margin-bottom: 0px; margin-top: 0px;"></div><div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"><tr style="text-align: left; vertical-align: top;"><td style="width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td><td style="width: 34%; text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td><td style="width: 33%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td></tr></table><div style="clear: both; max-height: 0px;"></div></div><div style="margin-top: 6pt; margin-bottom: 6pt; page-break-before: always;"></div><div style="margin-bottom: 0px; margin-top: 0px;"></div><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">TABLE OF CONTENTS</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td style="width: 10%;"><a href="#a_001"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">PART I.</span></a></td><td style="width: 80%;"><a href="#a_001"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">FINANCIAL INFORMATION</span></a></td><td style="width: 10%; text-align: center;"><a href="#a_001"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_002"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 1.</span></a></td><td><a href="#a_002"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">FINANCIAL STATEMENTS</span></a></td><td style="text-align: center;"><a href="#a_002"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td>&#160;</td><td><a href="#a_019"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">CONDENSED CONSOLIDATED BALANCE SHEETS AT SEPTEMBER 30, 2021 (UNAUDITED) AND DECEMBER 31, 2020</span></a></td><td style="text-align: center;"><a href="#a_019"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td>&#160;</td><td><a href="#a_003"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 2021 AND 2020 (UNAUDITED)</span></a></td><td style="text-align: center;"><a href="#a_003"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td>&#160;</td><td><a href="#a_004"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS&#8217; EQUITY FOR THE THREE AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 2021 AND 2020 (UNAUDITED)</span></a></td><td style="text-align: center;"><a href="#a_004"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td>&#160;</td><td><a href="#a_005"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE NINE MONTH PERIODS ENDED SEPTEMBER 30, 2021 AND 2020 (UNAUDITED)</span></a></td><td style="text-align: center;"><a href="#a_005"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">6</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td>&#160;</td><td><a href="#a_006"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)</span></a></td><td style="text-align: center;"><a href="#a_006"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">7</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_007"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 2.</span></a></td><td><a href="#a_007"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">MANAGEMENT&#8217;S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</span></a></td><td style="text-align: center;"><a href="#a_007"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">24</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_008"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 3.</span></a></td><td><a href="#a_008"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK</span></a></td><td style="text-align: center;"><a href="#a_008"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">32</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_009"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 4.</span></a></td><td><a href="#a_009"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">CONTROLS AND PROCEDURES</span></a></td><td style="text-align: center;"><a href="#a_009">3<span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_010"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">PART II.</span></a></td><td><a href="#a_010"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">OTHER INFORMATION</span></a></td><td style="text-align: center;"><a href="#a_010"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">33</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_011"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 1.</span></a></td><td><a href="#a_011"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">LEGAL PROCEEDINGS</span></a></td><td style="text-align: center;"><a href="#a_011"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">33</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_012"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 1A.</span></a></td><td><a href="#a_012"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">RISK FACTORS</span></a></td><td style="text-align: center;"><a href="#a_012"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">34</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_013"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 2.</span></a></td><td><a href="#a_013"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS</span></a></td><td style="text-align: center;"><a href="#a_013"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">34</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_014"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 3.</span></a></td><td><a href="#a_014"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">DEFAULTS UPON SENIOR SECURITIES</span></a></td><td style="text-align: center;"><a href="#a_014"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">34</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_015"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 4.</span></a></td><td><a href="#a_015"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">MINE SAFETY DISCLOSURES</span></a></td><td style="text-align: center;"><a href="#a_015"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">34</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_016"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 5.</span></a></td><td><a href="#a_016"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">OTHER INFORMATION</span></a></td><td style="text-align: center;"><a href="#a_016"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">34</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td><a href="#a_017"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ITEM 6.</span></a></td><td><a href="#a_017"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">EXHIBITS</span></a></td><td style="text-align: center;"><a href="#a_017"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">35</span></a></td></tr><tr style="vertical-align: top; background-color: white;"><td>&#160;</td><td>&#160;</td><td style="text-align: center;">&#160;</td></tr><tr style="vertical-align: top; background-color: rgb(204, 238, 255);"><td>&#160;</td><td><a href="#a_018"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">SIGNATURES</span></a></td><td style="text-align: center;"><a href="#a_018"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">36</span></a></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="margin-bottom: 0px; margin-top: 0px;"></div><div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;"><tr style="text-align: left; vertical-align: top;"><td style="width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td><td style="width: 34%; text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif;"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td></tr></table><div style="clear: both; max-height: 0px;"></div></div><div style="margin-top: 6pt; margin-bottom: 6pt; page-break-before: always;"></div><div style="margin-bottom: 0px; margin-top: 0px;"></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
<div>
<div style="font: 10pt times new roman, times, serif;display: inline;">
<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_001"></a>PART I. FINANCIAL INFORMATION</div></div></div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_002"></a>ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div></div></div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">TOUGHBUILT INDUSTRIES, INC.</div></div></div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-indent: 0px;;font-weight:bold;display:inline;"><a href="#" id="a_019"></a>CONDENSED CONSOLIDATED BALANCE SHEETS</div></div></div></div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><div style="font-weight:bold;display:inline;">&#160;</div></div>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">

		<tr style="vertical-align: bottom">
			<td style="text-align: center">&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center;"><div style="font-weight:bold;display:inline;">December 31,</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="text-align: center; padding-bottom: 1pt;">&#160;</td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="text-align: center">&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center;"><div style="font-weight:bold;display:inline;">(UNAUDITED)</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td>&#160;</td>
			<td colspan="2" style="text-align: center">&#160;</td>
			<td>&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: center; background-color: rgb(204, 238, 255);">Assets</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Current Assets</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="width: 74%; padding-left: 10pt; background-color: rgb(204, 238, 255);">Cash</td>
			<td style="width: 1%; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="width: 1%; text-align: left; background-color: rgb(204, 238, 255);">$</td>
			<td style="width: 10%; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:Cash" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">31,189,160</ix:nonFraction></td>
			<td style="width: 1%; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="width: 1%; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="width: 1%; text-align: left; background-color: rgb(204, 238, 255);">$</td>
			<td style="width: 10%; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:Cash" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,194,850</ix:nonFraction></td>
			<td style="width: 1%; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Accounts receivable</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:AccountsReceivableNetCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">17,040,362</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:AccountsReceivableNetCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">10,537,395</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Factor receivables, net</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:OtherReceivablesNetCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:OtherReceivablesNetCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">807,648</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Inventory</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:InventoryNet" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">31,317,878</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:InventoryNet" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,915,345</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Prepaid assets</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:PrepaidExpenseCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,045,496</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:PrepaidExpenseCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,003,774</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Subscription receivable</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:SubscriptionReceivable" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:SubscriptionReceivable" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">837,025</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgb(204, 238, 255);">Total Current Assets</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:AssetsCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">80,592,896</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:AssetsCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">24,296,037</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Other Assets</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Property and equipment, net</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentNet" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">9,930,109</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentNet" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,066,924</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Other assets</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:OtherAssetsNoncurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">460,656</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:OtherAssetsNoncurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">127,733</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 20pt; background-color: rgb(204, 238, 255);">Total Assets</td>
			<td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:Assets" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">90,983,661</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:Assets" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">27,490,694</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: center; background-color: rgb(204, 238, 255);">Liabilities and Shareholders&#8217; Equity</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Current Liabilities</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Accounts payable</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">$</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:AccountsPayableCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">12,142,937</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">$</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:AccountsPayableCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">6,955,218</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Accrued expenses</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:AccruedLiabilitiesCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,441,533</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:AccruedLiabilitiesCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">598,473</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 10pt; background-color: rgb(204, 238, 255);">Factor loan payable</td>
			<td style="padding-bottom: 0.5pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; padding-bottom: 0.5pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; padding-bottom: 0.5pt; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:LoansPayableCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="padding-bottom: 0.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 0.5pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; padding-bottom: 0.5pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:LoansPayableCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">590,950</ix:nonFraction></td>
			<td style="padding-bottom: 0.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr>
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">
			<div style="text-indent: 0px; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Warrant liabilities </div> </div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:DerivativeLiabilitiesCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,560,663</ix:nonFraction></div> </div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:DerivativeLiabilitiesCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; background-color: rgb(204, 238, 255);">Total Current Liabilities</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:LiabilitiesCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">18,145,133</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:LiabilitiesCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,144,641</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 20pt; background-color: rgba(255, 255, 255, 0);">Total Liabilities</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:Liabilities" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">18,145,133</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:Liabilities" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,144,641</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Commitment and Contingencies</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CommitmentsAndContingencies" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" xsi:nil="true"></ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CommitmentsAndContingencies" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" xsi:nil="true"></ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Shareholders&#8217; Equity</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Series C Preferred Stock, $<ix:nonFraction name="us-gaap:PreferredStockParOrStatedValuePerShare" contextRef="PAsOn12_31_2020_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockParOrStatedValuePerShare" contextRef="PAsOn09_30_2021_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal">0.0001</ix:nonFraction></ix:nonFraction> par value, <ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn12_31_2020_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn09_30_2021_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">4,268</ix:nonFraction></ix:nonFraction> authorized, <ix:nonFraction name="us-gaap:PreferredStockSharesIssued" contextRef="PAsOn12_31_2020_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesOutstanding" contextRef="PAsOn09_30_2021_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesOutstanding" contextRef="PAsOn12_31_2020_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesIssued" contextRef="PAsOn09_30_2021_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">0</ix:nonFraction></ix:nonFraction></ix:nonFraction></ix:nonFraction> issued and outstanding at September 30, 2021 and December 31, 2020</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:PreferredStockValue" contextRef="PAsOn09_30_2021_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:PreferredStockValue" contextRef="PAsOn12_31_2020_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Series D Preferred Stock, $<ix:nonFraction name="us-gaap:PreferredStockParOrStatedValuePerShare" contextRef="PAsOn12_31_2020_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockParOrStatedValuePerShare" contextRef="PAsOn09_30_2021_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal">1,000</ix:nonFraction></ix:nonFraction> par value, <ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn12_31_2020_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn09_30_2021_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">5,775</ix:nonFraction></ix:nonFraction> shares authorized, <ix:nonFraction name="us-gaap:PreferredStockSharesOutstanding" contextRef="PAsOn09_30_2021_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesIssued" contextRef="PAsOn09_30_2021_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">0</ix:nonFraction></ix:nonFraction> and <ix:nonFraction name="us-gaap:PreferredStockSharesOutstanding" contextRef="PAsOn12_31_2020_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesIssued" contextRef="PAsOn12_31_2020_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">5,775</ix:nonFraction></ix:nonFraction> issued, and outstanding at September 30, 2021 and December 31, 2020, respectively.</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:PreferredStockValue" contextRef="PAsOn09_30_2021_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:PreferredStockValue" contextRef="PAsOn12_31_2020_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Series E Preferred Stock, $<ix:nonFraction name="us-gaap:PreferredStockParOrStatedValuePerShare" contextRef="PAsOn12_31_2020_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockParOrStatedValuePerShare" contextRef="PAsOn09_30_2021_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal">0.0001</ix:nonFraction></ix:nonFraction> par value, <ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn12_31_2020_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn09_30_2021_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">15</ix:nonFraction></ix:nonFraction> authorized, <ix:nonFraction name="us-gaap:PreferredStockSharesOutstanding" contextRef="PAsOn09_30_2021_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesIssued" contextRef="PAsOn09_30_2021_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">9</ix:nonFraction></ix:nonFraction> and <ix:nonFraction name="us-gaap:PreferredStockSharesOutstanding" contextRef="PAsOn12_31_2020_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesIssued" contextRef="PAsOn12_31_2020_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">0</ix:nonFraction></ix:nonFraction> issued and outstanding at September 30, 2021 and December 31, 2020, respectively</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:PreferredStockValue" contextRef="PAsOn09_30_2021_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:PreferredStockValue" contextRef="PAsOn12_31_2020_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Common stock, $<ix:nonFraction name="us-gaap:CommonStockParOrStatedValuePerShare" contextRef="PAsOn12_31_2020" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:CommonStockParOrStatedValuePerShare" contextRef="PAsOn09_30_2021" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal">0.0001</ix:nonFraction></ix:nonFraction> par value, <ix:nonFraction name="us-gaap:CommonStockSharesAuthorized" contextRef="PAsOn12_31_2020" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:CommonStockSharesAuthorized" contextRef="PAsOn09_30_2021" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">200,000,000</ix:nonFraction></ix:nonFraction> shares authorized, <ix:nonFraction name="us-gaap:CommonStockSharesOutstanding" contextRef="PAsOn09_30_2021" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:CommonStockSharesIssued" contextRef="PAsOn09_30_2021" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">129,299,607</ix:nonFraction></ix:nonFraction> and <ix:nonFraction name="us-gaap:CommonStockSharesOutstanding" contextRef="PAsOn12_31_2020" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:CommonStockSharesIssued" contextRef="PAsOn12_31_2020" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">43,918,831</ix:nonFraction></ix:nonFraction> shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CommonStockValue" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">12,930</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CommonStockValue" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,392</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Additional paid-in capital</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:AdditionalPaidInCapital" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">156,158,382</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:AdditionalPaidInCapital" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">80,103,653</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Accumulated deficit</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:RetainedEarningsAccumulatedDeficit" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">83,332,784</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:RetainedEarningsAccumulatedDeficit" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">60,761,992</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 20pt; background-color: rgb(204, 238, 255);">Total Shareholders&#8217; Equity</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">72,838,528</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">19,346,053</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">Total Liabilities and Shareholders&#8217; Equity</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:LiabilitiesAndStockholdersEquity" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">90,983,661</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:LiabilitiesAndStockholdersEquity" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">27,490,694</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>

</table>



















<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center;">&#160;</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">3</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>


















</div>

<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><div style="font-weight:bold;display:inline;">&#160;</div></div>
</div>
</div>

<div>
<div style="font: 10pt times new roman, times, serif;display: inline;">
<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: center; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">TOUGHBUILT INDUSTRIES, INC.</div></div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: center; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_003"></a>CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS</div></div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: center; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(UNAUDITED)&#160;</div></div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-indent: 0px;">&#160;</div>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;">

		<tr style="vertical-align: bottom">
			<td style="white-space: nowrap; padding-bottom: 1pt">&#160;</td>
			<td style="white-space: nowrap; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="white-space: nowrap; border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">Three Months Ended September 30,</div></td>
			<td style="white-space: nowrap; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="white-space: nowrap; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="white-space: nowrap; border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">Nine Months Ended September 30,</div></td>
			<td style="white-space: nowrap; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="padding-bottom: 1pt; text-align: center">&#160;</td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgb(204, 238, 255);">Revenues, net of allowances</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="width: 48%; text-align: left; padding-left: 9pt; background-color: rgba(255, 255, 255, 0);">Metal goods</td>
			<td style="width: 1%; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="width: 10%; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P07_01_2021To09_30_2021_MetalGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,078,180</ix:nonFraction></td>
			<td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="width: 1%; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="width: 10%; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P07_01_2020To09_30_2020_MetalGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,368,015</ix:nonFraction></td>
			<td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="width: 1%; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="width: 10%; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P01_01_2021To09_30_2021_MetalGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">18,130,530</ix:nonFraction></td>
			<td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="width: 1%; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="width: 10%; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P01_01_2020To09_30_2020_MetalGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">10,824,861</ix:nonFraction></td>
			<td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt; background-color: rgb(204, 238, 255);">Soft goods</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P07_01_2021To09_30_2021_SoftGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">9,137,758</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P07_01_2020To09_30_2020_SoftGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">11,295,374</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P01_01_2021To09_30_2021_SoftGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">27,221,028</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P01_01_2020To09_30_2020_SoftGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">16,587,686</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">Total revenues, net of allowances</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">17,215,938</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">16,663,389</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">45,351,558</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">27,412,547</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Cost of Goods Sold</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 9pt; background-color: rgb(204, 238, 255);">Metal goods</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P07_01_2021To09_30_2021_MetalGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">6,419,003</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P07_01_2020To09_30_2020_MetalGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,136,146</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P01_01_2021To09_30_2021_MetalGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">13,680,028</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P01_01_2020To09_30_2020_MetalGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">6,871,998</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt; background-color: rgba(255, 255, 255, 0);">Soft goods</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P07_01_2021To09_30_2021_SoftGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,352,312</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P07_01_2020To09_30_2020_SoftGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">6,697,863</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P01_01_2021To09_30_2021_SoftGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">17,799,148</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P01_01_2020To09_30_2020_SoftGoodsMembersrtProductOrServiceAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">9,665,656</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; background-color: rgb(204, 238, 255);">Total cost of goods sold</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">11,771,315</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">9,834,009</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">31,479,176</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CostOfGoodsAndServicesSold" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">16,537,654</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; background-color: rgb(204, 238, 255);">Gross profit</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:GrossProfit" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,444,623</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:GrossProfit" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">6,829,380</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:GrossProfit" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">13,872,382</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:GrossProfit" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">10,874,893</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgb(204, 238, 255);">Operating expenses:</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-left: 9pt; background-color: rgba(255, 255, 255, 0);">Selling, general and administrative expenses</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:SellingGeneralAndAdministrativeExpense" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">15,242,780</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:SellingGeneralAndAdministrativeExpense" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,703,676</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:SellingGeneralAndAdministrativeExpense" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">33,904,958</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:SellingGeneralAndAdministrativeExpense" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">14,727,242</ix:nonFraction></td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt; background-color: rgb(204, 238, 255);">Research and development</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:ResearchAndDevelopmentExpense" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,610,671</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:ResearchAndDevelopmentExpense" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">789,890</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:ResearchAndDevelopmentExpense" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,588,781</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:ResearchAndDevelopmentExpense" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,496,129</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt; background-color: rgba(255, 255, 255, 0);">Total operating expenses</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:OperatingExpenses" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">16,853,451</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:OperatingExpenses" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">6,493,566</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:OperatingExpenses" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">38,493,739</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:OperatingExpenses" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">16,223,371</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">Income (loss) from operations</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:OperatingIncomeLoss" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">11,408,828</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:OperatingIncomeLoss" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">335,814</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:OperatingIncomeLoss" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">24,621,357</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:OperatingIncomeLoss" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">5,348,478</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Other income (expense)</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr>
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt; background-color: rgb(204, 238, 255);">
			<div style="text-indent: 0px; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Warrant issuance costs</div> </div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="tblt:WarrantIssuanceCosts" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">588,221</ix:nonFraction></div> </div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">)</div></div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:WarrantIssuanceCosts" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="tblt:WarrantIssuanceCosts" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">588,221</ix:nonFraction></div> </div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">)</div>&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:WarrantIssuanceCosts" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
		</tr>
		<tr>
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities </div> </div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:FairValueAdjustmentOfWarrants" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">2,902,342</ix:nonFraction></div> </div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:FairValueAdjustmentOfWarrants" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:FairValueAdjustmentOfWarrants" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">2,902,342</ix:nonFraction></div> </div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:FairValueAdjustmentOfWarrants" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">
			<div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div>
			</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt; background-color: rgb(204, 238, 255);">Interest expense</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:InterestExpenseOther" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="us-gaap:InterestExpenseOther" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">214,979</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">)</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="us-gaap:InterestExpenseOther" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">263,555</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">)</td>
			<td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="us-gaap:InterestExpenseOther" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">804,504</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">)</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">Total other income (expense)</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:OtherNonoperatingIncomeExpense" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,314,121</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:OtherNonoperatingIncomeExpense" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">214,979</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:OtherNonoperatingIncomeExpense" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,050,566</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:OtherNonoperatingIncomeExpense" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">804,504</ix:nonFraction></td>
			<td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">Net income (loss)</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">9,094,707</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">120,835</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">22,570,791</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">6,152,982</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">Redemption of Series D Preferred Stock deemed dividend</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:RedemptionOfSeriesDPreferredStockDeemedDividend" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:RedemptionOfSeriesDPreferredStockDeemedDividend" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:RedemptionOfSeriesDPreferredStockDeemedDividend" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="tblt:RedemptionOfSeriesDPreferredStockDeemedDividend" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">1,295,294</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">Net income (loss) attributable to common stockholders</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">9,094,707</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">120,835</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">22,570,791</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">7,448,276</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
			<td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0); text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">Basic and diluted net income (loss) per share attributed to common stockholders</div></td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 2.5pt; background-color: rgb(204, 238, 255); text-indent: 0px;"><div style="text-indent: 0px;;display:inline;">Basic and diluted net income (loss) per common share</div></td>
			<td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255); text-indent: 0px;">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255); text-indent: 0px;">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255); text-indent: 0px;">(<ix:nonFraction name="us-gaap:EarningsPerShareBasicAndDiluted" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD_per_Share" decimals="2" scale="0" sign="-" format="ixt:numdotdecimal">0.07</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255); text-indent: 0px;">)</td>
			<td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255); text-indent: 0px;">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255); text-indent: 0px;">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255); text-indent: 0px;"><ix:nonFraction name="us-gaap:EarningsPerShareBasicAndDiluted" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">0.00</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255); text-indent: 0px;">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255); text-indent: 0px;">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255); text-indent: 0px;">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255); text-indent: 0px;">(<ix:nonFraction name="us-gaap:EarningsPerShareBasicAndDiluted" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD_per_Share" decimals="2" scale="0" sign="-" format="ixt:numdotdecimal">0.25</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255); text-indent: 0px;">)</td>
			<td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255); text-indent: 0px;">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255); text-indent: 0px;">$</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255); text-indent: 0px;">(<ix:nonFraction name="us-gaap:EarningsPerShareBasicAndDiluted" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD_per_Share" decimals="2" scale="0" sign="-" format="ixt:numdotdecimal">0.32</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255); text-indent: 0px;">)</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">Basic and diluted weighted average common shares outstanding</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">122,060,087</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">38,414,631</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">90,619,171</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
			<td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">23,154,481</ix:nonFraction></td>
			<td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td>
		</tr>

</table>

























<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: center; text-indent: 0px;">The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center; text-indent: 0px;">&#160;</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">4</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>
























</div>

<div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"><div style="font-weight:bold;display:inline;">&#160;</div></div>
</div>
</div>

<div>
<div style="font: 10pt times new roman, times, serif;display: inline;">
<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">TOUGHBUILT INDUSTRIES, INC.</div></div></div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_004"></a>STATEMENTS OF CHANGES IN STOCKHOLDERS&#8217; EQUITY </div></div></div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">FOR THE Nine MONTHS ENDED September 30, 2021 and 2020</div></div></div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-indent: 0px;;font-weight:bold;display:inline;">(UNAUDITED)</div></div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center;">&#160;</div>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; border-spacing: 0px;">

		<tr style="vertical-align: bottom">
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Series C</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Series D</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center; width: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Series E</div></div></td>
			<td style="text-align: center;">
			<div style="font-size: 9pt; line-height: normal;"><div style="font-weight:bold;display:inline;">&#160;</div></div>
			</td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Preferred</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Preferred</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center; width: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Preferred</div></div></td>
			<td style="text-align: center;">
			<div style="font-size: 9pt; line-height: normal;"><div style="font-weight:bold;display:inline;">&#160;</div></div>
			</td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Additional</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Total</div></div></td>
			<td style="text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="padding-bottom: 1pt; text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stock</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stock</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center; border-bottom: 1pt solid black; width: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stock</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;">
			<div style="font-size: 9pt; line-height: normal;"><div style="font-weight:bold;display:inline;">&#160;</div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="6" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Common Stock</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Paid-in</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stockholders&#8217;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="padding-bottom: 1pt; text-align: center"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Shares</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Amount</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Shares</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Amount</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Shares</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;">
			<div style="font-size: 9pt; line-height: normal;"><div style="font-weight:bold;display:inline;">&#160;</div></div>
			</td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Amount</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;">
			<div style="font-size: 9pt; line-height: normal;"><div style="font-weight:bold;display:inline;">&#160;</div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Shares</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Amount</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Capital</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Deficit</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Equity</div></div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 5%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="padding-bottom: 1pt; width: 12%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance - January 1, 2020</div></div></td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">1,268</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">5,775</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,816,485</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left; border-bottom: 0.75pt solid black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div>
			</td>
			<td style="border:none; border-bottom:solid black 1.0pt; background:#cceeff; width:5.0%; padding:0in 0in 1.0pt 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div>
			</td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn12_31_2019_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">3,300,015</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2019_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">330</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2019_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">41,823,048</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2019_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">43,413,370</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%; padding-bottom: 1pt"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-align: left; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="width: 5%; text-align: right; border-bottom: 1pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2019" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,226,493</ix:nonFraction></div></td>
			<td style="width: 1%; padding-bottom: 1pt; text-align: left"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; padding-left: 9pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Redemption of Series D Preferred Stock</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodShares" contextRef="P01_01_2020To03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">2,212</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodValue" contextRef="P01_01_2020To03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">1,844,860</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodValue" contextRef="P01_01_2020To03_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">1,295,294</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodValue" contextRef="P01_01_2020To03_31_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">3,140,154</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; padding-left: 9pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock upon Series C preferred conversion</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" contextRef="P01_01_2020To03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" sign="-" format="ixt:numdotdecimal">1,268</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" contextRef="P01_01_2020To03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">126,800</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" contextRef="P01_01_2020To03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">13</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" contextRef="P01_01_2020To03_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">13</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; padding-left: 9pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock upon conversion of convertible notes payable</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:StockIssuedDuringPeriodSharesIssuanceOfCommonStockUponConversionOfConvertibleNotesPayable" contextRef="P01_01_2020To03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">200,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:StockIssuedDuringPeriodValueIssuanceOfCommonStockUponConversionOfConvertibleNotesPayable" contextRef="P01_01_2020To03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">20</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="tblt:StockIssuedDuringPeriodValueIssuanceOfCommonStockUponConversionOfConvertibleNotesPayable" contextRef="P01_01_2020To03_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">186,171</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="tblt:StockIssuedDuringPeriodValueIssuanceOfCommonStockUponConversionOfConvertibleNotesPayable" contextRef="P01_01_2020To03_31_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">186,151</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; padding-left: 9pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock and warrants, net of issuance costs</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrantsShares" contextRef="P01_01_2020To03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">4,945,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrants" contextRef="P01_01_2020To03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">495</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrants" contextRef="P01_01_2020To03_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">9,388,245</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrants" contextRef="P01_01_2020To03_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">9,388,740</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; padding-left: 9pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock upon exercise of warrants</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponExerciseOfWarrantsShares" contextRef="P01_01_2020To03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">2,407,953</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponExerciseOfWarrants" contextRef="P01_01_2020To03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">241</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="tblt:IssuanceOfCommonStockUponExerciseOfWarrants" contextRef="P01_01_2020To03_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">241</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; padding-left: 9pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stock based compensation expense</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P01_01_2020To03_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">96,490</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P01_01_2020To03_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">96,490</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%; border-bottom: 0.75pt solid black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="border:none; border-bottom:solid black 1.0pt; background:white; width:5.0%; padding:0in 0in 1.0pt 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; text-align: right; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;-</div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_01_2020To03_31_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">3,754,659</ix:nonFraction></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_01_2020To03_31_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">3,754,659</ix:nonFraction></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; text-align: right; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="padding-bottom: 2.5pt; width: 12%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance - March 31, 2020</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">3,563</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,971,625</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal;"><div style="font-weight:bold;display:inline;">&#160;</div></div>
			</td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%; border-bottom: 2.5pt double black;">
			<div style="font-size: 9pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></div>
			</td>
			<td style="border-bottom:2.5pt double black; background:white; width:5%; border-top:none; border-right:none; border-left:none; border-image:initial; padding:0in 0in 2.5pt;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;<ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2019_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></div>
			</td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal;"><div style="font-weight:bold;display:inline;">&#160;</div></div>
			</td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">10,979,768</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,099</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">49,826,064</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">47,168,029</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,630,759</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock upon conversion of Series D Preferred Stock</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="tblt:IssuanceOfCommonStockUponConversionOfSeriesDPreferredStockShare" contextRef="P04_01_2020To06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" sign="-" format="ixt:numdotdecimal">3,563</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="tblt:IssuanceOfCommonStockUponConversionOfSeriesDPreferredStock" contextRef="P04_01_2020To06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">2,971,625</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;-</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponConversionOfSeriesDPreferredStockShare" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">3,141,426</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponConversionOfSeriesDPreferredStock" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">314</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponConversionOfSeriesDPreferredStock" contextRef="P04_01_2020To06_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,971,311</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock upon conversion of convertible notes payable</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:StockIssuedDuringPeriodSharesIssuanceOfCommonStockUponConversionOfConvertibleNotesPayable" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">3,200,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:StockIssuedDuringPeriodValueIssuanceOfCommonStockUponConversionOfConvertibleNotesPayable" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">320</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:StockIssuedDuringPeriodValueIssuanceOfCommonStockUponConversionOfConvertibleNotesPayable" contextRef="P04_01_2020To06_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,091,965</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:StockIssuedDuringPeriodValueIssuanceOfCommonStockUponConversionOfConvertibleNotesPayable" contextRef="P04_01_2020To06_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,092,285</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock and warrants</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrantsShares" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">20,700,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrants" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,070</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrants" contextRef="P04_01_2020To06_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">18,731,930</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrants" contextRef="P04_01_2020To06_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">18,734,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock for services</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesIssuedForServices" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">360,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueIssuedForServices" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">36</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueIssuedForServices" contextRef="P04_01_2020To06_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">572,364</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueIssuedForServices" contextRef="P04_01_2020To06_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">572,400</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock upon exercise of warrants</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponExerciseOfWarrantsShares" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">33,437</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponExerciseOfWarrants" contextRef="P04_01_2020To06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="tblt:IssuanceOfCommonStockUponExerciseOfWarrants" contextRef="P04_01_2020To06_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">3</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stock based compensation expense</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P04_01_2020To06_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">227,499</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P04_01_2020To06_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">227,499</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; padding-bottom: 1pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%; border-bottom: 0.75pt solid black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="border:none; border-bottom:solid black 1.0pt; background:#cceeff; width:5.0%; padding:0in 0in 1.0pt 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P04_01_2020To06_30_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">2,519,158</ix:nonFraction></div></td>
			<td style="padding-bottom: 0in; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P04_01_2020To06_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">2,519,158</ix:nonFraction></div></td>
			<td style="padding-bottom: 0in; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="padding-bottom: 2.5pt; width: 12%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance &#8211; June 30, 2020</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%; border-bottom: 2.5pt double black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div>
			</td>
			<td style="border-bottom: 2.5pt double black; background: white; width: 5%; border-top: 0in none; border-right: none; border-left: none; border-image: initial; padding: 0in 0in 2.5pt;;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction>&#160;</div></div>
			</td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">38,414,631</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,842</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">75,421,130</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">49,687,187</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">25,737,785</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stock based compensation expense</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P07_01_2020To09_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">8,316</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">8,316</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Net income</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P07_01_2020To09_30_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">120,835</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">120,835</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="width: 12%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance &#8211; September 30, 2020</div></div></td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div>
			</td>
			<td style="background: white; width: 5%; padding: 0in; text-indent: 0px; border-bottom: 2.5pt double black;;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction>&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn09_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">38,414,631</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,842</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">75,412,814</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">49,566,352</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; width: 5%; text-indent: 0px; border-bottom: 2.5pt double black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">25,850,304</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%; text-indent: 0px; padding-bottom: 2.5pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="padding-bottom: 2.5pt; width: 12%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">January 1, 2021</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn12_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn12_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%; border-bottom: 2.5pt double black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;"></div>
			</td>
			<td style="border-bottom:2.5pt double black; background:#cceeff; width:5%; border-top:none; border-right:none; border-left:none; border-image:initial; padding:0in 0in 2.5pt;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2020_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction>&#160;</div></div>
			</td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">43,918,831</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,392</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2020_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">80,103,653</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2020_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">60,761,992</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">19,346,053</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock upon conversion of warrants</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponConversionOfWarrantsShares" contextRef="P01_01_2021To03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">5,408,540</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponConversionOfWarrants" contextRef="P01_01_2021To03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">541</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponConversionOfWarrants" contextRef="P01_01_2021To03_31_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,407,999</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponConversionOfWarrants" contextRef="P01_01_2021To03_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,408,540</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock for services</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesIssuedForServices" contextRef="P01_01_2021To03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">150,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueIssuedForServices" contextRef="P01_01_2021To03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">15</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueIssuedForServices" contextRef="P01_01_2021To03_31_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">188,985</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueIssuedForServices" contextRef="P01_01_2021To03_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">189,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_01_2021To03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">32,127,914</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueNewIssues" contextRef="P01_01_2021To03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,213</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueNewIssues" contextRef="P01_01_2021To03_31_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">39,071,177</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueNewIssues" contextRef="P01_01_2021To03_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">39,074,390</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stock based compensation expense</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P01_01_2021To03_31_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">81,537</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P01_01_2021To03_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">81,537</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; padding-bottom: 1pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%; border-bottom: 0.75pt solid black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="border:none; border-bottom:solid black 1.0pt; background:white; width:5.0%; padding:0in 0in 1.0pt 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_01_2021To03_31_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">6,053,659</ix:nonFraction></div></td>
			<td style="padding-bottom: 0in; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_01_2021To03_31_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">6,053,659</ix:nonFraction></div></td>
			<td style="padding-bottom: 0in; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="padding-bottom: 2.5pt; width: 12%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance - March 31, 2021</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%; border-bottom: 2.5pt double black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div>
			</td>
			<td style="border-bottom: 2.5pt double black; background: rgb(204, 238, 255); width: 5%; border-top: 0in none; border-right: none; border-left: none; border-image: initial; padding: 0in 0in 2.5pt;;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction>&#160;</div></div>
			</td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">81,605,285</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,161</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">124,853,351</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">66,815,651</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">58,045,861</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stock based compensation expense</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P04_01_2021To06_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">81,539</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P04_01_2021To06_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">81,539</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; padding-bottom: 1pt; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%; border-bottom: 0.75pt solid black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="border:none; border-bottom:solid black 1.0pt; background:#cceeff; width:5.0%; padding:0in 0in 1.0pt 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P04_01_2021To06_30_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">7,422,426</ix:nonFraction></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="padding-bottom: 1pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 1pt solid black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 1pt solid black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P04_01_2021To06_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">7,422,426</ix:nonFraction></div></td>
			<td style="padding-bottom: 1pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="width: 12%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance &#8211; June 30, 2021</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn06_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn06_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;"></div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn03_31_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction>&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn06_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">81,605,285</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,161</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">124,934,890</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">74,238,077</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn06_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">50,704,974</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock and warrants</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrantsShares" contextRef="P07_01_2021To09_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">47,690,322</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrants" contextRef="P07_01_2021To09_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,769</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrants" contextRef="P07_01_2021To09_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">31,150,121</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockAndWarrants" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">31,154,890</ix:nonFraction>  </div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Issuance of common stock upon exercise of warrants</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponExerciseOfWarrantsShares" contextRef="P07_01_2021To09_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">4,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponExerciseOfWarrants" contextRef="P07_01_2021To09_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponExerciseOfWarrants" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,000</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="text-align: left; width: 12%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Stock based compensation expense</div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="background:#cceeff; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P07_01_2021To09_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">69,371</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">69,371</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td style="text-align: left; width: 12%; padding-bottom: 1pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0.75pt;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0.75pt;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0.75pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0.75pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0.75pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 1pt;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="border:none; border-bottom:solid black 1.0pt; background:white; width:5.0%; padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">-&#160;</div></div>
			</td>
			<td style="text-align: left; width: 1%; padding-bottom: 1pt;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0.75pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0.75pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">-</div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0.75pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P07_01_2021To09_30_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">9,094,707</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0in;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="width: 1%; padding-bottom: 1pt;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; width: 1%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; width: 5%; border-bottom: 0.75pt solid black;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">9,094,707</ix:nonFraction></div></td>
			<td style="text-align: left; width: 1%; padding-bottom: 0in;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="padding-bottom: 2.5pt; width: 12%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance &#8211; September 30, 2021</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn09_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-weight:bold;display:inline;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn09_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 1.25pt; text-align: left; width: 1%; border-bottom: 2.5pt double black;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">$</div></div>
			</td>
			<td style="border-bottom: 2.5pt double black; background: rgb(204, 238, 255); width: 5%; border-top: 0in none; border-right: none; border-left: none; border-image: initial; padding: 0in 0in 1.25pt;;vertical-align:bottom;">
			<div style="margin: 0in 0in 0.0001pt; text-align: right; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 9pt; line-height: normal;"><div style="font-size: 9pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2021_PreferredStockMemberusgaapStatementEquityComponentsAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction>&#160;</div></div>
			</td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;">
			<div style="font-size: 9pt; line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div>
			</td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:SharesOutstanding" contextRef="PAsOn09_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">129,299,607</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2021_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">12,930</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2021_AdditionalPaidInCapitalMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">156,158,382</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2021_RetainedEarningsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">83,332,784</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></td>
			<td style="padding-bottom: 2.5pt; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
			<td style="text-align: left; border-bottom: 2.5pt double black; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">$</div></td>
			<td style="text-align: right; border-bottom: 2.5pt double black; width: 5%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:StockholdersEquity" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">72,838,528</ix:nonFraction></div></td>
			<td style="padding-bottom: 2.5pt; text-align: left; width: 1%;"><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></td>
		</tr>

</table>
























</div>

<div style="font: 10pt times new roman, times, serif;display: inline;">
<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center;">&#160;</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt; border-spacing: 0px;">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">5</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>
























</div>

<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div>
</div>
</div>

<div><div style="font: 10pt times new roman, times, serif;display: inline;"><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">TOUGHBUILT INDUSTRIES, INC.</div></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_005"></a>CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS</div></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-indent: 0px;;font-weight:bold;display:inline;">(UNAUDITED)</div></div></div></div><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center;">&#160;</div><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: bottom"><td style="white-space: nowrap; text-align: center; padding-bottom: 1pt;">&#160;</td><td style="white-space: nowrap; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="6" style="white-space: nowrap; text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">Nine Months Ended September 30,</div></td><td style="white-space: nowrap; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td></tr><tr style="vertical-align: bottom"><td style="text-align: center; padding-bottom: 1pt;">&#160;</td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2021</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2020</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgb(204, 238, 255);">Cash flows from operating activities:</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="width: 74%; text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Net loss</td><td style="width: 1%; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td><td style="width: 10%; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">22,570,791</ix:nonFraction></td><td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td><td style="width: 1%; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td><td style="width: 10%; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">6,152,982</ix:nonFraction></td><td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgb(204, 238, 255);">Adjustments to reconcile from net loss to net cash used in operating activities:</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Depreciation</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:Depreciation" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,196,562</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:Depreciation" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">394,322</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Amortization of debt discount and debt issuance cost</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:AmortizationOfFinancingCostsAndDiscounts" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:AmortizationOfFinancingCostsAndDiscounts" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">634,892</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Stock-based compensation expense</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:ShareBasedCompensation" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">232,447</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:ShareBasedCompensation" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">315,673</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Amortization of capitalized contract costs</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CapitalizedContractCostAmortization" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">213,353</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CapitalizedContractCostAmortization" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Common stock issued for services</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:IssuanceOfStockAndWarrantsForServicesOrClaims" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">189,000</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:IssuanceOfStockAndWarrantsForServicesOrClaims" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr><td style="background: rgb(204, 238, 255); padding: 0in 0in 0in 10pt;;vertical-align:bottom;"><div style="margin-bottom: 0.0001pt; margin-top: 0px; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Warrant issuance costs</div></div></td><td style="background-color: rgb(204, 238, 255);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgb(204, 238, 255);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in;;vertical-align:bottom;"><div style="text-align: right; margin-bottom: 0.0001pt; margin-top: 0px; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:WarrantIssuanceCosts" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">588,221</ix:nonFraction></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in;;vertical-align:bottom;"><div style="margin-bottom: 0.0001pt; margin-top: 0px; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgb(204, 238, 255);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: right; background-color: rgb(204, 238, 255);"><div style="line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:WarrantIssuanceCosts" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td><td style="text-align: left; background-color: rgb(204, 238, 255);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td></tr><tr><td style="background: rgba(255, 255, 255, 0); padding: 0in 0in 0in 10pt;;vertical-align:bottom;"><div style="margin-bottom: 0.0001pt; margin-top: 0px; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities </div></div></td><td style="background-color: rgba(255, 255, 255, 0);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in;;vertical-align:bottom;"><div style="text-align: right; margin-bottom: 0.0001pt; margin-top: 0px; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:FairValueAdjustmentOfWarrants" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">2,902,342</ix:nonFraction></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in;;vertical-align:bottom;"><div style="margin-bottom: 0.0001pt; margin-top: 0px; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">)</div></div></td><td style="background-color: rgba(255, 255, 255, 0);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><div style="line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:FairValueAdjustmentOfWarrants" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgb(204, 238, 255);">Changes in operating assets and liabilities</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Accounts receivable, net</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:IncreaseDecreaseInAccountsReceivable" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">6,502,967</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">)</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:IncreaseDecreaseInAccountsReceivable" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">10,508,916</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Factor receivables, net</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:IncreaseDecreaseInFactorReceivablesNet" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">807,648</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="tblt:IncreaseDecreaseInFactorReceivablesNet" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">1,933,040</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">)</td></tr><tr style="vertical-align: bottom;"><td style="padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Inventory</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:IncreaseDecreaseInInventories" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">22,402,533</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">)</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:IncreaseDecreaseInInventories" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,468,533</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Prepaid assets</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="us-gaap:IncreaseDecreaseInPrepaidExpense" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">255,074</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">)</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="us-gaap:IncreaseDecreaseInPrepaidExpense" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">218,739</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Other assets</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:IncreaseDecreaseInOtherCurrentAssets" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">332,923</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">)</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:IncreaseDecreaseInOtherCurrentAssets" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,479</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Accounts payable</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:IncreaseDecreaseInAccountsPayable" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,187,717</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:IncreaseDecreaseInAccountsPayable" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,971,766</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Accrued expenses</td><td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:IncreaseDecreaseInOtherAccruedLiabilities" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">843,061</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:IncreaseDecreaseInOtherAccruedLiabilities" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">183,757</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 1pt; background-color: rgb(204, 238, 255);">Net cash used in operating activities</td><td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="us-gaap:NetCashProvidedByUsedInOperatingActivities" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">45,708,621</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">)</td><td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="us-gaap:NetCashProvidedByUsedInOperatingActivities" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">18,787,279</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">)</td></tr><tr style="vertical-align: bottom;"><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgb(204, 238, 255);">Cash flows from investing activities:</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Proceeds from note receivable</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:ProceedsFromSaleOfNotesReceivable" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:ProceedsFromSaleOfNotesReceivable" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,000,000</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; background-color: rgb(204, 238, 255);">Purchases of property and equipment</td><td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="us-gaap:PaymentsToAcquirePropertyPlantAndEquipment" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,059,748</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">)</td><td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="us-gaap:PaymentsToAcquirePropertyPlantAndEquipment" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,716,998</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">Net cash provided by (used in) investing activities</td><td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:NetCashProvidedByUsedInInvestingActivities" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">8,059,748</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td><td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:NetCashProvidedByUsedInInvestingActivities" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,283,002</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Cash flows from financing activities:</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Proceeds from sales of common stock and warrants, net of costs</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:ProceedsFromIssuanceOfCommonStockAndWarrants" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:ProceedsFromIssuanceOfCommonStockAndWarrants" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">28,122,740</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Proceeds from exercise of warrants</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:ProceedsFromWarrantExercises" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,412,540</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:ProceedsFromWarrantExercises" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Proceeds from issuance of stock, net of costs</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:ProceedsFromIssuanceOfCommonStock" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">77,941,089</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:ProceedsFromIssuanceOfCommonStock" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Proceeds from factor loan payable</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:ProceedsFromFactorLoanPayable" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:ProceedsFromFactorLoanPayable" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,388,240</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; background-color: rgb(204, 238, 255);">Repayments of factor loan payable</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">(<ix:nonFraction name="tblt:RepaymentOfFactorLoanPayable" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">590,950</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">)</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:RepaymentOfFactorLoanPayable" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 1pt; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Repayments of Series D Preferred Stock</td><td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:PaymentsForRepurchaseOfRedeemablePreferredStock" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);">(<ix:nonFraction name="us-gaap:PaymentsForRepurchaseOfRedeemablePreferredStock" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,140,154</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 1pt; background-color: rgb(204, 238, 255);">Net cash provided by financing activities</td><td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:NetCashProvidedByUsedInFinancingActivities" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">82,762,679</ix:nonFraction>  </td><td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="padding-bottom: 1pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:NetCashProvidedByUsedInFinancingActivities" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">26,370,826</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgb(204, 238, 255);">Net increase in cash</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">28,994,310</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,866,549</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">Cash, beginning of period</td><td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,194,850</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="padding-bottom: 1pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" contextRef="PAsOn12_31_2019" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">25,063</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">Cash, end of period</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">31,189,160</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" contextRef="PAsOn09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,891,612</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgb(204, 238, 255);">Supplemental disclosure of cash flow information:</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Cash paid during the period for:</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 2.5pt; padding-left: 10pt; background-color: rgb(204, 238, 255);">Interest</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:InterestPaidNet" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="us-gaap:InterestPaidNet" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Income taxes</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:IncomeTaxesPaidNet" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="us-gaap:IncomeTaxesPaidNet" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">Supplemental disclosure of non-cash investing and financing activities:</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-bottom: 2.5pt; padding-left: 10pt; background-color: rgb(204, 238, 255);">Cashless exercise of warrants</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:CashlessExerciseOfWarrants" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:CashlessExerciseOfWarrants" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">244</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);">Conversion of Series C Preferred Stock to common stock</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:ConversionOfSeriesCPreferredStockToCommonStock" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:ConversionOfSeriesCPreferredStockToCommonStock" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">13</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">Conversion of convertible notes payable to common stock</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; border-bottom: 2.5pt double black; background-color: rgb(204, 238, 255);">$</td><td style="text-align: right; border-bottom: 2.5pt double black; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:ConversionOfConvertibleNotesPayableToCommonStock" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="text-align: left; border-bottom: 2.5pt double black; background-color: rgb(204, 238, 255);">$</td><td style="text-align: right; border-bottom: 2.5pt double black; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:ConversionOfConvertibleNotesPayableToCommonStock" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,906,134</ix:nonFraction></td><td style="text-align: left; padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-left: 10pt; padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">Conversion of Series D Preferred Stock to common stock</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; border-bottom: 2.5pt double black; background-color: rgba(255, 255, 255, 0);">$</td><td style="text-align: right; border-bottom: 2.5pt double black; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponSeriesDPreferredStockConversion" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td><td style="text-align: left; border-bottom: 2.5pt double black; background-color: rgba(255, 255, 255, 0);">$</td><td style="text-align: right; border-bottom: 2.5pt double black; background-color: rgba(255, 255, 255, 0);"><ix:nonFraction name="tblt:IssuanceOfCommonStockUponSeriesDPreferredStockConversion" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,971,311</ix:nonFraction></td><td style="text-align: left; padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; background-color: rgb(204, 238, 255);">Issuance of common stock for prepaid services</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:IssuanceOfCommonStockForPrepaidServices" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgb(204, 238, 255);">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgb(204, 238, 255);">$</td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgb(204, 238, 255);"><ix:nonFraction name="tblt:IssuanceOfCommonStockForPrepaidServices" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">572,400</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr><td style="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt; background-color: rgba(255, 255, 255, 0);"><div style="line-height: normal;"><div style="text-indent: 0px; letter-spacing: 0px; top: 0px;;display:inline;">Initial fair value of warrants</div></div></td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);"><div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div></td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);"><div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="text-indent: 0px;;display:inline;">$</div></div></td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:InitialFairValueOfWarrants" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">7,463,005</ix:nonFraction></div></div></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);"><div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div></td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0);"><div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div></td><td style="border-bottom: 2.5pt double black; text-align: left; background-color: rgba(255, 255, 255, 0);"><div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="text-indent: 0px;;display:inline;">$</div></div></td><td style="border-bottom: 2.5pt double black; text-align: right; background-color: rgba(255, 255, 255, 0);"><div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="text-indent: 0px; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="tblt:InitialFairValueOfWarrants" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></div></div></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0);"><div style="margin-bottom: 0px; margin-top: 0px; line-height: normal;">&#160;</div></td></tr></table><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center;">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.</div><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div><div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">6</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div><div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></div>
<div><div style="font: 10pt times new roman, times, serif;display: inline;"><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">TOUGHBUILT INDUSTRIES, INC.</div></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_006"></a>Notes to the Condensed Consolidated Financial Statements</div></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">September 30, 2021 and 2020</div></div></div></div><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-indent: 0px;;font-weight:bold;display:inline;">(Unaudited)</div></div></div></div><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <ix:nonNumeric name="us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true" continuedAt="TextSelection_30269569"><div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; font-size-adjust: none; font-stretch: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-indent: 0px;;font-weight:bold;display:inline;">NOTE 1: NATURE OF OPERATIONS AND BASIS OF PRESENTATION</div></div></div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">General</div></div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The unaudited condensed consolidated financial statements of ToughBuilt Industries, Inc. (&#8220;ToughBuilt&#8221; or the &#8220;Company&#8221;) as of September 30, 2021 and for the three and nine months ended September 30, 2021 and 2020 should be read in conjunction with the financial statements for the year ended December 31, 2020 included in the Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2020, which was filed with the Securities Exchange Commission (&#8220;SEC&#8221;) on March 26, 2021 and can also be found on the Company&#8217;s website (www.toughbuilt.com). ToughBuilt was incorporated under the laws of the State of Nevada on April 9, 2012 under the name Phalanx, Inc., and on December 29, 2015, Phalanx, Inc. changed its name to ToughBuilt Industries, Inc.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 15, 2020, <ix:nonNumeric name="us-gaap:StockholdersEquityReverseStockSplit" contextRef="P04_15_2020To04_15_2020">the Company effected a 1-for-10 reverse stock split (the &#8220;Reverse Split&#8221;) of its issued and outstanding common stock</ix:nonNumeric>. As a result of the Reverse Split, each ten shares of issued and outstanding prior to the Reverse Split were converted into one share of common stock, with fractional shares resulting from the Reverse Split rounded up to the nearest whole number. All share and per share numbers in the unaudited condensed consolidated financial statements and notes below have been revised retroactively to reflect the Reverse Split.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Nature of Operations</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In these notes, the terms &#8220;we,&#8221; &#8220;our,&#8221; &#8220;ours,&#8221; &#8220;us,&#8221; &#8220;it,&#8221; &#8220;its,&#8221; &#8220;ToughBuilt,&#8221; and the &#8220;Company&#8221; refer to ToughBuilt Industries, Inc., a Nevada corporation.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company designs and distributes tools and accessories to the home improvement community and the building industry. The Company aspires to augment brand loyalty in part from the enlightened creativity of its end users throughout the global tool market industry. The Company holds exclusive patents and licenses to develop, manufacture, market and distribute various home improvement and construction product lines for both Do-it-Yourself (&#8220;DIY&#8221;) and professional trade markets under the TOUGHBUILT&#174; brand name.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">TOUGHBUILT distributes products in the following categories, all designed and engineered in the United States and manufactured by third party vendors in China, with manufacturing being brought online in India and the Philippines:</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><tr style="vertical-align: top"><td style="width: 24px; text-align: justify">&#160;</td><td style="width: 24px; text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td><td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">tool belts, tool bags and other personal tool organizer products;</div></td></tr><tr style="vertical-align: top"><td style="text-align: justify">&#160;</td><td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td><td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">complete line of knee pads for various construction applications; and</div></td></tr><tr style="vertical-align: top"><td style="text-align: justify">&#160;</td><td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td><td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">job-site tools and material support products consisting of a full line of miter-saws and table saw stands, saw horses/job site tables and roller stands.</div></td></tr></table>      <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On June 2, 2020, the Company closed on a public offering of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P06_02_2020To06_02_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:numdotdecimal">19</ix:nonFraction> million shares of common stock and <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P06_02_2020To06_02_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis_WarrantMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:numdotdecimal">20.7</ix:nonFraction> million warrants pursuant to a Form S-1 from which it received net proceeds of $<ix:nonFraction name="us-gaap:SaleOfStockConsiderationReceivedOnTransaction" contextRef="P06_02_2020To06_02_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">17,185,640</ix:nonFraction>, after deducting underwriting discounts and expenses. On June 12, 2020, the Company closed on the public offering of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P06_11_2020To06_12_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:numdotdecimal">1.7</ix:nonFraction> million additional shares of common stock for net proceeds of $<ix:nonFraction name="us-gaap:SaleOfStockConsiderationReceivedOnTransaction" contextRef="P06_11_2020To06_12_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,548,360</ix:nonFraction>, after deducting underwriting discounts and expenses, pursuant to the underwriter exercising the overallotment option from the June 2, 2020 public offering.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 28, 2020, the Company closed on a public offering <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_28_2020To01_28_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:numdotdecimal">4.5</ix:nonFraction> million shares of common stock and <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_28_2020To01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis_WarrantMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">49.45</ix:nonFraction> million warrants (each exercisable into 1/20<div style=";display:inline;vertical-align: super;;font-size:9.2px">th</div> of a share of common stock for a total of <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight" contextRef="PAsOn01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">2.4725</ix:nonFraction> million shares of common stock) from which it received net proceeds of $<ix:nonFraction name="us-gaap:SaleOfStockConsiderationReceivedOnTransaction" contextRef="P01_28_2020To01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,549,470</ix:nonFraction>, after deducting underwriting discounts and expenses. On February 24, 2020, the Company closed on the public offering of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P02_23_2020To02_24_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">445,000</ix:nonFraction> additional shares of common stock for net proceeds of $<ix:nonFraction name="us-gaap:SaleOfStockConsiderationReceivedOnTransaction" contextRef="P02_23_2020To02_24_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">839,270</ix:nonFraction>, after deducting underwriting discounts and expenses, due to the exercise of the over-allotment option issued the underwriter in January 28, 2020 public offering.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 19, 2021, the Company filed a prospectus supplement dated January 15, 2021 (the &#8220;ATM Prospectus Supplement&#8221;) to the shelf registration statement Form S-3 (File No. 333-251185) declared effective by the SEC on December 15, 2020 (the &#8220;First Form S-3&#8221;) for the offer and sale shares of common stock having an aggregate value of $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" contextRef="P01_17_2021To01_19_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,721,746</ix:nonFraction> from time to time through H.C. Wainwright &amp; Co., LLC, as sales agent (&#8220;Wainwright&#8221;), pursuant to the At The Market Offering Agreement, dated December 7, 2020 (the &#8220;ATM Agreement&#8221;), between the Company and Wainwright. During January 2021, the Company has raised approximately $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceOfCommonStock" contextRef="P01_01_2021To01_31_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">16,200,000</ix:nonFraction> through the sale of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_01_2021To01_31_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_shares" decimals="INF" scale="6" format="ixt:numdotdecimal">14.9</ix:nonFraction> million shares of the Company&#8217;s common stock with net proceeds of $<ix:nonFraction name="us-gaap:SaleOfStockConsiderationReceivedOnTransaction" contextRef="P01_01_2021To01_31_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">16,242,904</ix:nonFraction> after deducting underwriting discounts and expenses<div style="letter-spacing: 0px; top: 0px;;display:inline;">.</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div></ix:nonNumeric>  <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">7</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div> <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div> <ix:continuation id="TextSelection_30269569" continuedAt="TextSelectionAppend_30269569_1"> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">On February 2, 2021, the Company filed a second registration statement on Form S-3 (File No. 333-252630) (the &#8220;Second S-3&#8221;) containing a base prospectus covering the offering, issuance and sale by the Company of up to $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" contextRef="P02_01_2021To02_02_2021_SecondAtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">100,000,000</ix:nonFraction> of the Company&#8217;s common stock, preferred stock, warrants and units; and a sales agreement prospectus covering the offering, issuance and sale by us of up to a maximum aggregate offering price of $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" contextRef="P02_01_2021To02_02_2021_SecondAtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">100,000,000</ix:nonFraction> (which amount was included in the aggregate offering price set forth in the base prospectus) of the Company&#8217;s common stock that may be issued and sold under a second At The Market Offering Agreement, dated February 1, 2021, we entered into with Wainwright, as sales agent. The Second S-3 was declared effective by the SEC on February 8, 2021. The Company terminated the First S-3 simultaneously with the filing of the Second S-3. From February 2021 to July 2021, the Company sold an aggregate of <ix:nonFraction name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" contextRef="P02_01_2021To07_31_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">18,826,177</ix:nonFraction> shares of common stock through the Wainwright under the Second S-3 with net proceeds of $<ix:nonFraction name="us-gaap:SaleOfStockConsiderationReceivedOnTransaction" contextRef="P02_01_2021To07_31_2021_SecondAtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">24,602,110</ix:nonFraction>, after deducting underwriting discounts and expenses.&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">On July 14, 2021, the Company raised gross proceeds of $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" contextRef="P07_14_2021To07_14_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">40,000,000</ix:nonFraction> in a registered direct offering pursuant to a Form S-3 involving the sale of shares and warrants to several institutional and accredited investors. These shares were sold pursuant to the Second S-3. There was a total of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P07_14_2021To07_14_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">46,029,920</ix:nonFraction> shares of common stock sold with net proceeds of $<ix:nonFraction name="us-gaap:SaleOfStockConsiderationReceivedOnTransaction" contextRef="P07_14_2021To07_14_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">36,259,050</ix:nonFraction>, after deducting underwriting discounts and expenses.&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;">Risk and Uncertainty Concerning Covid-19</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (COVID-19) as a pandemic which continues to spread throughout the United States and the World. We are currently monitoring the outbreak of COVID-19 and the related business and travel restrictions and changes to behavior intended to reduce its spread. All of our Chinese facilities were temporarily closed for a period of time. All of these facilities have been reopened. Depending on the progression of the outbreak, our ability to obtain necessary supplies and ship finished products to customers may be partly or completely disrupted globally. To date we have been able to obtain supplied and products needed. Also, our ability to maintain appropriate labor levels could be disrupted. If the coronavirus continues to progress, it could have a material negative impact on our results of operations and cash flow, in addition to the impact on its employees. We have concluded that while it is reasonably possible that the virus could have a negative impact on the results of operations, the specific impact is not readily determinable as of the date of these consolidated financial statements. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div> <div style="margin:0in; margin-bottom:.0001pt; text-align:justify; margin-right:0in; margin-left:0in; font-family:'Times New Roman','serif'"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Liquidity</div></div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 10pt;"><div style="display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 10pt;"><div style="display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">As of September 30, 2021, the Company&#8217;s principal sources of liquidity consisted of approximately $<ix:nonFraction name="us-gaap:Cash" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:numdotdecimal">31</ix:nonFraction> million of cash and future cash generated from operations. The Company believes its current cash balances coupled with anticipated cash flow from operating activities will be sufficient to meet its working capital requirements for at least one year from the date of the issuance of the accompanying consolidated financial statements. The Company continues to control its cash expenses as a percentage of expected revenue on an annual basis and thus may use its cash balances in the short-term to invest in revenue growth. Based on current internal projections, the Company believes it has and/or will generate sufficient cash for its operational needs, for at least one year from the date of issuance of the accompanying consolidated financial statements. Management is focused on growing the Company&#8217;s existing product offering, as well as its customer base, to increase its revenues. The Company cannot give assurance that it can increase its cash balances or limit its cash consumption and thus maintain sufficient cash balances for its planned operations or future acquisitions. Future business demands may lead to cash utilization at levels greater than recently experienced. The Company may need to raise additional capital in the future. However, the Company cannot assure that it will be able to raise additional capital on acceptable terms, or at all. Subject to the foregoing, management believes that the Company has sufficient capital and liquidity to fund its operations for at least one year from the date of issuance of the accompanying consolidated financial statements.</div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, serif; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, serif; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Basis of Presentation</div></div></div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">These interim condensed consolidated financial statements are unaudited and were prepared by the Company in accordance with generally accepted accounting principles in the United States of America (GAAP) and with the SEC&#8217;s instructions to Form 10-Q and Article 10 of Regulation S-X.</div> </ix:continuation> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">8</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div> <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div> </div></div>
<div><div style="font: 10pt times new roman, times, serif;display: inline;"><ix:continuation id="TextSelectionAppend_30269569_1"> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of interim condensed consolidated financial statements requires management to make assumptions and estimates that impact the amounts reported. These interim consolidated condensed financial statements, reflect all adjustments, consisting of normal recurring accruals, necessary for a fair presentation of the Company&#8217;s results of operations, financial position and cash flows for the interim periods ended September 30, 2021 and 2020; however, certain information and footnote disclosures normally included in our audited annual financial statements, as included in the Company&#8217;s interim condensed consolidated financial statements on Form 10-Q, have been condensed or omitted pursuant to such SEC rules and regulations and accounting principles applicable for interim periods. It is important to note that the Company&#8217;s results of operations and cash flows for interim periods are not necessarily indicative of the results of operations and cash flows to be expected for a full fiscal year or any other interim period. The information included in this Quarterly Report on Form 10-Q should be read in connection with the financial statements and accompanying notes included in the Company&#8217;s Annual Report on Form 10-K for the fiscal year ended December 31, 2020.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Principles of Consolidation</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Toughbuilt Industries UK Limited. All intercompany balances and transaction are eliminated.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Reclassifications</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain amounts in the prior periods presented have been reclassified to conform to the current period financial statement presentation. These reclassifications have no effect on previously reported total assets or net loss.</div> </ix:continuation> <ix:nonNumeric name="us-gaap:SignificantAccountingPoliciesTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true" continuedAt="TextSelection_30269570"><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>  <ix:nonNumeric name="us-gaap:UseOfEstimates" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Use of Estimates</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0.5in;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the valuation of accounts and factored receivables, valuation of long-lived assets, accrued liabilities, notes payable and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company&#8217;s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</div></ix:nonNumeric>  <ix:nonNumeric name="us-gaap:CashAndCashEquivalentsPolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Cash</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. The Company did <ix:nonFraction name="us-gaap:CashEquivalentsAtCarryingValue" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt-sec:numwordsen"><ix:nonFraction name="us-gaap:CashEquivalentsAtCarryingValue" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt-sec:numwordsen">no</ix:nonFraction></ix:nonFraction>t have any cash equivalents at September 30, 2021 and December 31, 2020.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div></ix:nonNumeric>  <ix:nonNumeric name="us-gaap:TradeAndOtherAccountsReceivablePolicy" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Accounts Receivable</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Accounts receivable represent income earned from the sale of tools and accessories for which the Company has not yet received payment. Accounts receivable are recorded at the invoiced amount and adjusted for amounts management expects to collect from balances outstanding at period-end. The Company estimates the allowance for doubtful accounts based on an analysis of specific accounts and an assessment of the customer&#8217;s ability to pay, among other factors. At September 30, 2021 and December 31, 2020, <ix:nonFraction name="us-gaap:AllowanceForDoubtfulAccountsReceivable" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt-sec:numwordsen"><ix:nonFraction name="us-gaap:AllowanceForDoubtfulAccountsReceivable" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt-sec:numwordsen">no</ix:nonFraction></ix:nonFraction> allowance for doubtful accounts was recorded.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company accounts for the transfer of accounts receivable to a third party under a factoring type arrangement in accordance with Accounting Standards Codification (&#8220;ASC&#8221;) 860,<div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div>&#8220;<div style="font-style:italic;display:inline;">Transfers and Servicing</div>&#8221;. ASC 860 requires that several conditions be met in order to present the transfer of accounts receivable as a sale. Even though the Company has isolated the transferred (sold) assets and has the legal right to transfer its assets (accounts receivable), it does not meet the third test of effective control since its accounts receivable sales agreement with a third-party factor requires it to be liable in the event of default by one of its customers. Because it does not meet all three conditions, it does not qualify for sale treatment of its accounts receivable, and its debt thus incurred is presented as a secured loan liability, entitled &#8220;Factor loan payable,&#8221; on its balance sheet. The Company recorded a sales discount of $<ix:nonFraction name="tblt:AllowancesForSalesDiscount" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="tblt:AllowancesForSalesDiscount" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">13,000</ix:nonFraction></ix:nonFraction> at September 30, 2021 and December 31, 2020.</div></ix:nonNumeric>  <ix:nonNumeric name="us-gaap:InventoryPolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Inventory</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Inventory is valued at the lower of cost or net realizable value using the first-in, first-out method. The reported net value of inventory includes finished saleable products that will be sold or used in future periods. The Company reserves for obsolete and slow-moving inventory. At September 30, 2021 and 2020, there were <ix:nonFraction name="us-gaap:InventoryValuationReserves" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt-sec:numwordsen"><ix:nonFraction name="us-gaap:InventoryValuationReserves" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt-sec:numwordsen">no</ix:nonFraction></ix:nonFraction> reserves for obsolete and slow-moving <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">inventory.<div style="color: red; letter-spacing: 0px; top: 0px;;display:inline;"> </div>Inventory includes capitalized freight in and custom duty fees. The Company began capitalizing such fees to inventory during the three months ending September 30, 2021.</div></div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div></ix:nonNumeric> </ix:nonNumeric>  <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">9</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div> <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div> <ix:continuation id="TextSelection_30269570" continuedAt="TextSelectionAppend_30269570_1"> <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentPolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><div style="font-weight:bold;display:inline;">&#160;</div></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><div style="font-weight:bold;display:inline;">Property and Equipment</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: 'Times New Roman', serif; font-size: 10pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Property and equipment are recorded at cost, less accumulated depreciation. The Company provides for depreciation on a straight-line basis over the estimated useful lives which are as follows: furniture <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentUsefulLife" contextRef="P01_01_2021To09_30_2021_FurnitureAndFixturesMemberusgaapPropertyPlantAndEquipmentByTypeAxis" format="ixt-sec:duryear">5</ix:nonNumeric> years, computers <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentUsefulLife" contextRef="P01_01_2021To09_30_2021_ComputerEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" format="ixt-sec:duryear">3</ix:nonNumeric> years, production equipment <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentUsefulLife" contextRef="P11_01_2020To09_30_2021_ProductEquipmentmemberMemberusgaapPropertyPlantAndEquipmentByTypeAxis" format="ixt-sec:duryear">5</ix:nonNumeric> years, automobiles and transportation <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentUsefulLife" contextRef="P10_01_2020To09_30_2021_TransportationEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" format="ixt-sec:duryear">5</ix:nonNumeric> years, tooling and molds <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentUsefulLife" contextRef="P09_01_2020To09_30_2021_ToolsDiesAndMoldsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" format="ixt-sec:duryear">3</ix:nonNumeric> years, application development <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentUsefulLife" contextRef="P08_01_2020To09_30_2021_SoftwareDevelopmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" format="ixt-sec:duryear">3</ix:nonNumeric> years, website design <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentUsefulLife" contextRef="P07_01_2020To09_30_2021_WebDesignMemberusgaapPropertyPlantAndEquipmentByTypeAxis" format="ixt-sec:duryear">4</ix:nonNumeric> years, and steelbox <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentUsefulLife" contextRef="P06_01_2020To09_30_2021_SteelBoxmemberMemberusgaapPropertyPlantAndEquipmentByTypeAxis" format="ixt-sec:duryear">5 </ix:nonNumeric> years. Leasehold improvements are amortized over the shorter of the lease term or the estimated useful life of the related assets when they are placed into service. The Company evaluates property and equipment for impairment periodically to determine if changes in circumstances or the occurrence of events suggest the carrying value of the asset or asset group may not be recoverable. Maintenance and repairs are charged to operations as incurred. Expenditures which substantially increase the useful lives of the related assets are capitalized.</div></div></div></ix:nonNumeric>  <ix:nonNumeric name="us-gaap:ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Long-lived Assets</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with ASC 360, &#8220;<div style="font-style:italic;display:inline;">Property, Plant, and Equipment,</div>&#8221; the Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicate that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and current expectation that the asset will more likely than not be sold or disposed of significantly before the end of its estimated useful life. Recoverability is assessed based on the carrying amount of the asset compared to the estimated future undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances. An impairment loss equal to the excess of the carrying value over the assets fair market value is recognized when the carrying amount exceeds the undiscounted cash flows. The impairment loss is recorded as an expense and a direct write-down of the asset. <ix:nonFraction name="us-gaap:AssetImpairmentCharges" contextRef="P01_31_2020To10_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt-sec:numwordsen"><ix:nonFraction name="us-gaap:AssetImpairmentCharges" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt-sec:numwordsen">No</ix:nonFraction></ix:nonFraction> impairment loss was recorded during the nine months ended September 30, 2021 and 2020.</div></ix:nonNumeric>  <ix:nonNumeric name="us-gaap:FairValueMeasurementPolicyPolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-indent: 0px;">&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;">Fair Value of Financial Instruments and Fair Value Measurements</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: center; text-indent: 0px;">&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">The Company adheres to ASC 820, which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 applies to reported balances that are required or permitted to be measured at fair value under existing accounting pronouncements; accordingly, the standard does not require any new fair value measurements of reported balances.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">ASC 820 emphasizes that fair value is a market-based measurement, not an entity-specific measurement. Therefore, a fair value measurement should be determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, ASC 820 establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity&#8217;s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy).</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div> <table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; text-indent: 0px;"><tr style="vertical-align: top"><td style="white-space: nowrap; width: 25px; text-align: justify">&#160;</td><td style="white-space: nowrap; width: 25px; text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td><td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access.</div></td></tr><tr style="vertical-align: top"><td style="white-space: nowrap; text-align: justify">&#160;</td><td style="white-space: nowrap; text-align: justify">&#160;</td><td style="text-align: justify">&#160;</td></tr><tr style="vertical-align: top"><td style="white-space: nowrap; text-align: justify">&#160;</td><td style="white-space: nowrap; text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td><td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates, and yield curves that are observable at commonly quoted intervals.</div></td></tr><tr style="vertical-align: top"><td style="white-space: nowrap; text-align: justify">&#160;</td><td style="white-space: nowrap; text-align: justify">&#160;</td><td style="text-align: justify">&#160;</td></tr><tr style="vertical-align: top"><td style="white-space: nowrap; text-align: justify">&#160;</td><td style="white-space: nowrap; text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td><td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 3 inputs are unobservable inputs for the asset or liability, which is typically based on an entity&#8217;s own assumptions, as there is little, if any, related market activity.</div></td></tr></table>         <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company&#8217;s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-indent: 0px;;display:inline;">The fair value of the Company&#8217;s warrant liability recorded in the Company&#8217;s financial statements was determined using a Black-Scholes valuation methodology and the quoted price of the Company&#8217;s common stock in an active market, a Level 3 measurement. Volatility was based on the actual market activity of the Company for the period in which the Company was public and it&#8217;s peer group for the remaining period. The expected life was based on the remaining contractual term of the warrants, and the risk-free interest rate was based on the implied yield available on U.S. Treasury Securities with a maturity equivalent to the warrants&#8217; expected life.</div></div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div>  <ix:nonNumeric name="us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="margin: 0in 0in 0.0001pt; text-align: justify; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">The Company calculated the estimated fair value of warrants on the date of issuance and at each subsequent reporting date using the following assumptions:</div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div> <table cellpadding="0" cellspacing="0" style="width: 70%; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;margin-right : auto;;margin-left : 0;margin-right : auto;"><tr><td style="padding: 0px 0in; font-size: 10pt; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; text-align: center;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;"><div style="font-weight:bold;display:inline;width:100%;">&#160;</div></div></div></div></td><td style="padding: 0in; font-size: 10pt; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; text-align: center;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;"><div style="font-weight:bold;display:inline;width:100%;">&#160;</div></div></div></div></td><td colspan="2" style="padding: 0in; font-size: 10pt; white-space: nowrap; vertical-align: bottom;"><div style="text-align: center; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; line-height: normal; white-space: nowrap; font-size: 10pt;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap;;font-weight:bold;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;;;display:inline;">For the Nine Months </div></div></div></div></td><td style="padding: 0in; font-size: 10pt; white-space: nowrap; vertical-align: bottom;"><div style="text-align: center; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; line-height: normal; white-space: nowrap; font-size: 10pt;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;;;display:inline;"><div style="font-weight:bold;display:inline;width:100%;">&#160;</div></div></div></div></td></tr><tr><td style="padding: 0px 0in 0.75pt; font-size: 10pt; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; text-align: center;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;"><div style="font-weight:bold;display:inline;width:100%;">&#160;</div></div></div></div></td><td style="padding: 0in 0in 0.75pt; font-size: 10pt; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; text-align: center;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;"><div style="font-weight:bold;display:inline;width:100%;">&#160;</div></div></div></div></td><td colspan="2" style="border-image: initial; padding: 0in; font-size: 10pt; white-space: nowrap; vertical-align: bottom; border-bottom: 0.75pt solid black;"><div style="text-align: center; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; line-height: normal; white-space: nowrap; font-size: 10pt;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap;;font-weight:bold;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;;;display:inline;">Ended September 30, <br/> 	 2021</div></div></div></div></td><td style="padding: 0in 0in 0.75pt; font-size: 10pt; white-space: nowrap; vertical-align: bottom;"><div style="text-align: center; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; line-height: normal; white-space: nowrap; font-size: 10pt;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px; white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;;;display:inline;"><div style="font-weight:bold;display:inline;width:100%;">&#160;</div></div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); padding: 0px 0in; font-size: 10pt; width: 82%; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Risk-free interest rate</div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; width: 1%; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; width: 1%; text-align: left; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; text-indent: 0in; text-align: left; white-space: nowrap;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; white-space: nowrap; width: 15%; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-align: center;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;"><ix:nonFraction name="us-gaap:WarrantsAndRightsOutstandingMeasurementInput" contextRef="PAsOn09_30_2021_MeasurementInputRiskFreeInterestRateMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:numdotdecimal">0.80</ix:nonFraction>% - <ix:nonFraction name="us-gaap:WarrantsAndRightsOutstandingMeasurementInput" contextRef="PAsOn09_30_2021_MaximumMembersrtRangeAxis_MeasurementInputRiskFreeInterestRateMemberusgaapMeasurementInputTypeAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:numdotdecimal">0.98</ix:nonFraction>%</div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; white-space: nowrap; width: 1%; text-align: left; vertical-align: bottom;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgba(255, 255, 255, 0); padding: 0px 0in; font-size: 10pt; width: 82%; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Contractual term</div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in; font-size: 10pt; width: 1%; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in; font-size: 10pt; width: 1%; text-align: left; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; text-indent: 0in; text-align: left; white-space: nowrap;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in; font-size: 10pt; white-space: nowrap; width: 15%; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-align: center;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;"><ix:nonFraction name="us-gaap:WarrantsAndRightsOutstandingMeasurementInput" contextRef="PAsOn09_30_2021_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" unitRef="Unit_Y" decimals="2" scale="0" format="ixt:numdotdecimal">4.75</ix:nonFraction> &#8211; <ix:nonFraction name="us-gaap:WarrantsAndRightsOutstandingMeasurementInput" contextRef="PAsOn09_30_2021_MaximumMembersrtRangeAxis_MeasurementInputExpectedTermMemberusgaapMeasurementInputTypeAxis" unitRef="Unit_Y" decimals="0" scale="0" format="ixt:numdotdecimal">5 </ix:nonFraction>years</div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in; font-size: 10pt; white-space: nowrap; width: 1%; text-align: left; vertical-align: bottom;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); padding: 0px 0in; font-size: 10pt; width: 82%; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Expected volatility </div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; width: 1%; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; width: 1%; text-align: left; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; text-indent: 0in; text-align: left; white-space: nowrap;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; white-space: nowrap; width: 15%; text-align: right; vertical-align: bottom;"><div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-align: center;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;"><ix:nonFraction name="us-gaap:WarrantsAndRightsOutstandingMeasurementInput" contextRef="PAsOn09_30_2021_MeasurementInputPriceVolatilityMemberusgaapMeasurementInputTypeAxis_MinimumMembersrtRangeAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:numdotdecimal">56.27</ix:nonFraction><div style="letter-spacing: 0px; top: 0px;;display:inline;">%<div style="display:inline;">&#160;</div><div style="text-indent: 0px;;display:inline;">- <ix:nonFraction name="us-gaap:WarrantsAndRightsOutstandingMeasurementInput" contextRef="PAsOn09_30_2021_MaximumMembersrtRangeAxis_MeasurementInputPriceVolatilityMemberusgaapMeasurementInputTypeAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:numdotdecimal">57.67</ix:nonFraction>%</div></div></div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; white-space: nowrap; width: 1%; text-align: left; vertical-align: bottom;"><div style="text-align: left; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-indent: 0in;"></div></td></tr></table>    <div style="clear: both; max-height: 0px;"></div>  <div style="clear: both; max-height: 0pt; text-indent: 0px;"></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div></ix:nonNumeric>  <div style="margin: 0in 0in 0.0001pt; text-align: justify; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;"><div style="font-size: 10pt; line-height: 105%; letter-spacing: 0px; top: 0px;;display:inline;">Level 3 Fair Value Sensitivity</div></div></div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; color: rgb(38, 40, 42); font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;"><div style="font-size: 10pt; color: rgb(38, 40, 42); letter-spacing: 0px; top: 0px;;display:inline;">Warrant liability </div></div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; color: rgb(38, 40, 42); font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div>  <ix:nonNumeric name="us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="margin: 0in 0in 0.0001pt; text-align: justify; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">The table below provides a reconciliation of the balances for the warrant liability which is measured at fair value using significant unobservable inputs (Level 3):&#160;</div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;margin-right : auto;;margin-left : 0;margin-right : auto;"><tr><td style="background: rgb(204, 238, 255); padding: 0px 0in 0px 0.1in; font-size: 10pt; width: 87%; vertical-align: bottom;"><div style="text-indent: -0.1in; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Balance, January 1, 2021</div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; width: 1%; vertical-align: bottom;"><div style="text-indent: -0.1in; margin: 0px 0in 0.0001pt 0.1in; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; width: 1%; text-align: left; vertical-align: bottom;"><div style="text-align: left; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">$</div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; white-space: nowrap; width: 10%; vertical-align: bottom;"><div style="text-align: right; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;"><ix:nonFraction name="us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" contextRef="PAsOn12_31_2020_WarrantMemberusgaapFairValueByLiabilityClassAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">&#8212;</ix:nonFraction></div></div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; font-size: 10pt; white-space: nowrap; width: 1%; text-align: left; vertical-align: bottom;"><div style="text-align: left; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgba(255, 255, 255, 0); padding: 0px 0in 0px 0.1in; font-size: 10pt; width: 87%; vertical-align: bottom;"><div style="text-indent: -0.1in; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Fair value of warrant liability at issuance (2021 Offering Warrants as defined and described in Note 6)</div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in; font-size: 10pt; width: 1%; vertical-align: bottom;"><div style="text-indent: -0.1in; margin: 0px 0in 0.0001pt 0.1in; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in; font-size: 10pt; width: 1%; text-align: left; vertical-align: bottom;"><div style="text-indent: 0in; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; text-align: left; white-space: nowrap;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in; font-size: 10pt; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom;"><div style="text-align: right; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;"><ix:nonFraction name="us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" contextRef="P01_01_2021To09_30_2021_WarrantMemberusgaapFairValueByLiabilityClassAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">7,463,005</ix:nonFraction></div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in; font-size: 10pt; white-space: nowrap; width: 1%; text-align: left; vertical-align: bottom;"><div style="text-align: left; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); width: 87%; padding: 0px 0in 0.75pt 0.1in; font-size: 10pt; vertical-align: bottom;"><div style="text-indent: -0.1in; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Change in the fair value of warrant liability</div></div></div></td><td style="background: rgb(204, 238, 255); width: 1%; padding: 0in 0in 0.75pt; font-size: 10pt; vertical-align: bottom;"><div style="text-indent: -0.1in; margin: 0px 0in 0.0001pt 0.1in; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgb(204, 238, 255); width: 1%; padding: 0in 0in 0.5pt; font-size: 10pt; text-align: left; vertical-align: bottom; border-bottom: 0.75pt solid black;"><div style="text-indent: 0in; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; text-align: left; white-space: nowrap;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-image: initial; background: rgb(204, 238, 255); width: 10%; padding-top: 0in; padding-right: 0in; padding-left: 0in; font-size: 10pt; white-space: nowrap; text-align: right; vertical-align: bottom; border-bottom: 0.75pt solid black;"><div style="text-align: right; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonFraction name="us-gaap:FairValueAdjustmentOfWarrants" contextRef="P01_01_2021To09_30_2021_WarrantMemberusgaapFairValueByLiabilityClassAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">2,902,342</ix:nonFraction></div></div></td><td style="background: rgb(204, 238, 255); width: 1%; padding: 0in 0in 0.75pt; font-size: 10pt; white-space: nowrap; text-align: left; vertical-align: bottom;"><div style="text-align: left; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">)</div></div></td></tr><tr><td style="background: rgba(255, 255, 255, 0); padding: 0px 0in 2.5pt 0.1in; font-size: 10pt; width: 87%; vertical-align: bottom;"><div style="text-indent: -0.1in; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Balance, September 30, 2021</div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in 0in 2.5pt; font-size: 10pt; width: 1%; vertical-align: bottom;"><div style="text-indent: -0.1in; margin: 0px 0in 0.0001pt 0.1in; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in; font-size: 10pt; width: 1%; border-bottom: 2.5pt double black; text-align: left; vertical-align: bottom;"><div style="text-align: left; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">$</div></div></div></td><td style="border-bottom: 2.5pt double black; background: rgba(255, 255, 255, 0); border-image: initial; padding: 0in; font-size: 10pt; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom;"><div style="text-align: right; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;"><ix:nonFraction name="us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" contextRef="PAsOn09_30_2021_WarrantMemberusgaapFairValueByLiabilityClassAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,560,663</ix:nonFraction></div></div></div></td><td style="background: rgba(255, 255, 255, 0); padding: 0in 0in 2.5pt; font-size: 10pt; white-space: nowrap; width: 1%; text-align: left; vertical-align: bottom;"><div style="text-align: left; margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="white-space: nowrap; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, &quot;serif&quot;; letter-spacing: 0px; top: 0px; white-space: nowrap;;display:inline;">&#160;</div></div></div></td></tr></table>    <div style="clear: both; max-height: 0px;"></div>  <div style="clear: both; max-height: 0pt; text-indent: 0px;"></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; line-height: 105%; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>&#160;</div></ix:nonNumeric> </ix:nonNumeric>   <ix:nonNumeric name="us-gaap:RevenueFromContractWithCustomerPolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Revenue Recognition</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company recognizes revenues when product is delivered to the customer, and the ownership is transferred. The Company&#8217;s revenue recognition policy is based on the revenue recognition criteria established under the Financial Accounting Standards Board &#8211; Accounting Standards Codification 606 <div style="font-style:italic;display:inline;">&#8220;Revenue From Contracts With Customers</div>&#8221; which has established a five-step process to govern contract revenue and satisfy each element is as follows: (1) Identify the contract(s) with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when or as you satisfy a performance obligation. The Company records the revenue once all the above steps are completed. See Note 7 for further information on revenue recognition.</div></ix:nonNumeric>  <ix:nonNumeric name="us-gaap:IncomeTaxPolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Income Taxes</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company accounts for income taxes following the asset and liability method in accordance with the ASC 740 &#8220;Income Taxes.&#8221; Under such method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the consolidated financial statement carrying amounts of existing assets and liabilities and their respective tax bases. The Company applies the accounting guidance issued to address the accounting for uncertain tax positions. This guidance clarifies the accounting for income taxes, by prescribing a minimum recognition threshold a tax position is required to meet before being recognized in the financial statements as well as provides guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company classifies interest and penalty expense related to uncertain tax positions as a component of income tax expense. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years that the asset is expected to be recovered or the liability settled. A valuation allowance is provided when it is more likely than not that some portion or all of a deferred tax asset will not be realized. The ultimate realization of deferred tax assets depends on the generation of future taxable income during the period in which related temporary differences become deductible. The Company considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in its assessment of a valuation allowance.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">During 2020, the Coronavirus Aid, Relief and Economic Security Act (&#8220;CARES Act&#8221;) was passed, which temporarily removed 80% limitations on net operating loss carryforwards for the years 2019 and 2020.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company adopted FASB ASU 2019-12, &#8220;Income Taxes (Topic 740): Simplifying the Accounting of Income Taxes,&#8221; as of January 1, 2021. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and also clarifies and amends existing guidance to improve consistent application. The adoption of this guidance did not have a material impact on its financial statements.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div></ix:nonNumeric> </ix:continuation> <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">10</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div> <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div> </div></div>
<div><div style="font: 10pt times new roman, times, serif;display: inline;"><ix:continuation id="TextSelectionAppend_30269570_1" continuedAt="TextSelectionAppend_30269570_2"> <ix:nonNumeric name="us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Stock Based Compensation</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company accounts for stock-based compensation in accordance with ASC 718-10, &#8220;<div style="font-style:italic;display:inline;">Share-Based Payment</div>,&#8221; which requires the measurement and recognition of compensation expense for all share-based payment awards made to employees and directors including employee stock options, restricted stock units, and employee stock purchases based on estimated fair values. In addition, as of January 1, 2020, the Company adopted Accounting Standards Update (&#8220;ASU&#8221;) 2018-07, <div style="font-style:italic;display:inline;">Compensation &#8211; Stock Compensation (Topic 718), Improvements to Nonemployee Share-Based Payment Accounting</div>. This ASU simplified aspects of share-based compensation issued to non-employees by making the guidance consistent with accounting for employee share-based compensation. The adoption of this guidance did not have a material impact on the financial statements.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company estimates the fair value of stock options granted using the Black-Scholes option-pricing formula. This fair value is then amortized on a straight-line basis over the requisite service periods of the awards, which is generally the vesting period. The Company&#8217;s determination of fair value using an option-pricing model is affected by the stock price as well as assumptions regarding the number of highly subjective variables.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company estimates volatility based upon the historical stock price of the comparable companies and estimates the expected term for employee stock options using the simplified method for employees and directors and the contractual term. The risk-free rate is determined based upon the prevailing rate of United States Treasury securities with similar maturities.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company recognizes forfeitures as they occur rather than applying a prospective forfeiture rate in advance.</div></ix:nonNumeric>  <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>  <ix:nonNumeric name="tblt:CommonStockPurchaseWarrants" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, serif; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Common Stock Purchase Warrants </div></div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, serif; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div> <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, serif; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; background: white; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for the common stock purchase warrants in accordance with the guidance contained in ASC 815-40, under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, the Company classifies the Warrants as liabilities at their fair value and adjusts the Warrants to fair value in respect of each reporting period. This liability is subject to re-measurement at each balance sheet date until the Warrants are exercised, and any change in fair value is recognized in the statements of operations.&#160;</div> </div></ix:nonNumeric>   <div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, serif; font-size: 10pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div></div>  <ix:nonNumeric name="us-gaap:EarningsPerSharePolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true" continuedAt="TextSelection_30269591"><div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, serif; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Earnings (Loss) Per Share</div></div></div></div>  <ix:nonNumeric name="us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true" continuedAt="TextSelection_30269594"><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company computes net earnings (loss) per share in accordance with ASC 260, &#8220;<div style="font-style:italic;display:inline;">Earnings per Share&#8221;</div>. ASC 260 requires presentation of both basic and diluted net earnings per share (&#8220;EPS&#8221;) on the face of the statement of operations. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of warrants, convertible preferred stock and convertible debentures. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.</div></ix:nonNumeric> </ix:nonNumeric>  <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> </ix:continuation> <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt; border-spacing: 0px;"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">11</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div> <ix:continuation id="TextSelectionAppend_30269570_2" continuedAt="TextSelectionAppend_30269570_3"><ix:continuation id="TextSelection_30269594"> <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div> <ix:continuation id="TextSelection_30269591" continuedAt="TextSelectionAppend_30269591_1"> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt &quot;Times New Roman&quot;, Times, serif; border-spacing: 0px;"><tr style="vertical-align: bottom"><td style="text-align: center; padding-bottom: 1pt;">&#160;</td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="6" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">Three Months Ended <br/> September 30,</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="6" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">Nine Months Ended<br/> September 30,</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td></tr><tr style="vertical-align: bottom"><td style="text-align: center; padding-bottom: 1pt;">&#160;</td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2021</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="line-height: normal;"><div style="font-weight:bold;display:inline;">&#160;</div></div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2020</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2021</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2020</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgb(204, 238, 255); width: 48%;">Net income (loss) computation of basic and diluted net income (loss) per common share:</td><td style="background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 48%;">Net income (loss)</td><td style="background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">$</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); width: 10%;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">9,094,707</ix:nonFraction></td><td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);">)</td><td style="width: 1%; text-align: left; background-color: rgba(255, 255, 255, 0);"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">$</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); width: 10%;"><ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">120,835</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">$</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); width: 10%;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">22,570,791</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">)</td><td style="background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">$</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); width: 10%;">(<ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="P01_31_2020To10_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">6,152,982</ix:nonFraction></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgb(204, 238, 255); padding-bottom: 0.75pt; width: 48%;">Less: Redemption of Series D Preferred Stock deemed dividend</td><td style="background-color: rgb(204, 238, 255); padding-bottom: 0.75pt; width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); border-bottom: 0.75pt solid black; width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); border-bottom: 0.75pt solid black; width: 10%;"><ix:nonFraction name="tblt:RedemptionOfSeriesDPreferredStockDeemedDividend" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255); padding-bottom: 0.75pt; width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); padding-bottom: 0.75pt; width: 1%;"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgb(204, 238, 255); border-bottom: 0.75pt solid black; width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); border-bottom: 0.75pt solid black; width: 10%;"><ix:nonFraction name="tblt:RedemptionOfSeriesDPreferredStockDeemedDividend" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255); padding-bottom: 0.75pt; width: 1%;">&#160;</td><td style="background-color: rgb(204, 238, 255); padding-bottom: 0.75pt; width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); border-bottom: 0.75pt solid black; width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); border-bottom: 0.75pt solid black; width: 10%;"><ix:nonFraction name="tblt:RedemptionOfSeriesDPreferredStockDeemedDividend" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255); padding-bottom: 0.75pt; width: 1%;">&#160;</td><td style="background-color: rgb(204, 238, 255); padding-bottom: 0.75pt; width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); border-bottom: 0.75pt solid black; width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); border-bottom: 0.75pt solid black; width: 10%;">(<ix:nonFraction name="tblt:RedemptionOfSeriesDPreferredStockDeemedDividend" contextRef="P01_31_2020To10_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">1,295,294</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255); padding-bottom: 0.75pt; width: 1%;">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0); width: 48%;">Net income (loss) attributable to common stockholders</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 1%;">$</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 10%;">(<ix:nonFraction name="us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">9,094,707</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">)</td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 1%;">$</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 10%;"><ix:nonFraction name="us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">120,835</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 1%;">$</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 10%;">(<ix:nonFraction name="us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">22,570,791</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">)</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 1%;">$</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 10%;">(<ix:nonFraction name="us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic" contextRef="P01_31_2020To10_30_2020" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">7,448,276</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">)</td></tr><tr style="vertical-align: bottom;"><td style="background-color: rgb(204, 238, 255); width: 48%;">&#160;</td><td style="background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 48%; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">Basic and diluted net income (loss) per share:</div></td><td style="background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); width: 10%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; background-color: rgb(204, 238, 255); width: 48%;"><div style="text-indent: 0px; letter-spacing: 0px; top: 0px;;display:inline;">Basic and diluted net income (loss) per common share</div></td><td style="background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">$</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">(<ix:nonFraction name="us-gaap:EarningsPerShareBasicAndDiluted" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD_per_Share" decimals="2" scale="0" sign="-" format="ixt:numdotdecimal">0.07</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">)</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonFraction name="us-gaap:EarningsPerShareBasicAndDiluted" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">0.00</ix:nonFraction>.</div></td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">(<ix:nonFraction name="us-gaap:EarningsPerShareBasicAndDiluted" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD_per_Share" decimals="2" scale="0" sign="-" format="ixt:numdotdecimal">0.25</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">)</td><td style="background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">&#160;</td><td style="text-align: right; background-color: rgb(204, 238, 255); width: 10%;">(<ix:nonFraction name="us-gaap:EarningsPerShareBasicAndDiluted" contextRef="P01_31_2020To10_30_2020" unitRef="Unit_USD_per_Share" decimals="2" scale="0" sign="-" format="ixt:numdotdecimal">0.32</ix:nonFraction></td><td style="text-align: left; background-color: rgb(204, 238, 255); width: 1%;">)</td></tr><tr style="vertical-align: bottom;"><td style="text-align: left; padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0); width: 48%;">Basic and diluted weighted average common shares outstanding</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 1%;">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 10%;"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">122,060,087</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;"><div style="line-height: normal; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 1%;">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 10%;"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">38,414,631</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 1%;">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 10%;"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">90,619,171</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="padding-bottom: 2.5pt; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td><td style="text-align: left; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 1%;">&#160;</td><td style="text-align: right; background-color: rgba(255, 255, 255, 0); border-bottom: 2.5pt double black; width: 10%;"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted" contextRef="P01_31_2020To10_30_2020" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">23,154,481</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; background-color: rgba(255, 255, 255, 0); width: 1%;">&#160;</td></tr></table>          </ix:continuation> </ix:continuation>   <ix:nonNumeric name="us-gaap:ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><ix:continuation id="TextSelectionAppend_30269591_1"> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><br/></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Potentially dilutive securities that are not included in the calculation of diluted net loss per share because their effect is anti-dilutive are as follows as of September 30, (in common equivalent shares):</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 80%; font: 10pt &quot;Times New Roman&quot;, Times, serif; border-spacing: 0px;;margin : 0px auto;;margin-left : auto;margin-right : auto;"><tr style="vertical-align: bottom"><td style="padding-bottom: 1pt;">&#160;</td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2021</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2020</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="width: 74%">Warrants</td><td style="width: 1%">&#160;</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" contextRef="P01_01_2021To09_30_2021_WarrantsMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">42,289,317</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" contextRef="P01_01_2020To09_30_2020_WarrantsMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">21,925,102</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgba(255, 255, 255, 0); height: 0pt;"><td style="text-align: left; height: 0pt; background: none;">Series A &amp; B Notes</td><td style="height: 0pt; text-align: left; background: none;">&#160;</td><td style="text-align: left; height: 0pt; background: none;">&#160;</td><td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" contextRef="P01_01_2021To09_30_2021_SeriesAandSeriesBNoteMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:zerodash">-</ix:nonFraction></td><td style="text-align: left; height: 0pt; background: none;">&#160;</td><td style="height: 0pt; text-align: left; background: none;">&#160;</td><td style="text-align: left; height: 0pt; background: none;">&#160;</td><td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" contextRef="P01_01_2020To09_30_2020_SeriesAandSeriesBNoteMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">213,105</ix:nonFraction></td><td style="text-align: left; height: 0pt; background: none;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="text-align: left; padding-bottom: 1pt">Options and restricted stock units</td><td style="padding-bottom: 1pt">&#160;</td><td style="text-align: left; border-bottom: 1pt solid black;">&#160;</td><td style="text-align: right; border-bottom: 1pt solid black;"><ix:nonFraction name="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" contextRef="P01_01_2021To09_30_2021_OptionsAndRestrictedStockUnitsMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">203,135</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td><td style="text-align: left; border-bottom: 1pt solid black;">&#160;</td><td style="text-align: right; border-bottom: 1pt solid black;"><ix:nonFraction name="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" contextRef="P01_01_2020To09_30_2020_OptionsAndRestrictedStockUnitsMemberusgaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">197,193</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgba(255, 255, 255, 0); height: 0pt;"><td style="padding-bottom: 2.5pt; height: 0pt; text-align: left; background: none;">Total anti-dilutive weighted average shares</td><td style="padding-bottom: 2.5pt; height: 0pt; text-align: left; background: none;">&#160;</td><td style="text-align: left; border-bottom: 2.5pt double windowtext; height: 0pt; background: none;">&#160;</td><td style="text-align: right; border-bottom: 2.5pt double windowtext; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">42,492,452</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; height: 0pt; background: none;">&#160;</td><td style="padding-bottom: 2.5pt; height: 0pt; text-align: left; background: none;">&#160;</td><td style="text-align: left; border-bottom: 2.5pt double windowtext; height: 0pt; background: none;">&#160;</td><td style="text-align: right; border-bottom: 2.5pt double windowtext; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">22,335,400</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left; height: 0pt; background: none;">&#160;</td></tr></table>          </ix:continuation></ix:nonNumeric>            <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>  <ix:nonNumeric name="us-gaap:SegmentReportingPolicyPolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">No Segment Reporting</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company operates <ix:nonFraction name="us-gaap:NumberOfReportableSegments" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_SEGMENT" decimals="INF" scale="0" format="ixt-sec:numwordsen">one</ix:nonFraction> reportable segment referred to as th<div style="letter-spacing: 0px; top: 0px;;display:inline;">e</div>&#160;tools segment. A single management team that reports to the Chief Executive Officer comprehensively manages the business. Accordingly, the Company does not have separately reportable segments.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Advertising </div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Advertising costs are expensed as incurred. Advertising expense for the three months ended September 30, 2021 and 2020 amounted to $<ix:nonFraction name="us-gaap:AdvertisingExpense" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,618,475</ix:nonFraction> and $<ix:nonFraction name="us-gaap:AdvertisingExpense" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">467,982</ix:nonFraction>, respectively. Advertising expense for the nine months ended September 30, 2021 and 2020, amounted to $<ix:nonFraction name="us-gaap:AdvertisingExpense" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">6,844,886</ix:nonFraction> and $<ix:nonFraction name="us-gaap:AdvertisingExpense" contextRef="P01_31_2020To10_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">952,416</ix:nonFraction>, respectively.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Patents </div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Legal fees and similar costs incurred relating to patents are capitalized and are amortized over their estimated useful life once determined. Such costs amounted to $<ix:nonFraction name="us-gaap:LegalFees" contextRef="P01_01_2021To09_30_2021_PatentsMemberusgaapFiniteLivedIntangibleAssetsByMajorClassAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">333,403</ix:nonFraction> as of September 30, 2021, and are included in other assets on the accompanying consolidated balance sheet.</div></ix:nonNumeric>  <ix:nonNumeric name="us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true" continuedAt="TextSelection_30269593"><div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Recent Accounting Pronouncements</div></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As an emerging growth company, the Company has elected to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Securities and Exchange Act of 1934, as amended.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In February 2016, the FASB issued ASU 2016-02, &#8220;<div style="font-style:italic;display:inline;">Leases </div>(Topic 842).&#8221; The objective of this update is to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This ASU is effective <div style="letter-spacing: 0px; top: 0px;;display:inline;">for</div> fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022 and is to be applied utilizing a modified retrospective approach. The Company is currently evaluating this guidance to determine the impact it may have on its financial statements.</div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In June 2016, the FASB issued ASU 2016-13, &#8220;Financial Instruments &#8211; Credit Losses (&#8220;Topic 326&#8221;)&#8221;. The ASU introduces a new accounting model, the Current Expected Credit Losses model (&#8220;CECL&#8221;), which requires earlier recognition of credit losses and additional disclosures related to credit risk. The CECL model utilizes a lifetime expected credit loss measurement objective for the recognition of credit losses at the time the financial asset is originated or acquired. ASU 2016-13 is effective for annual period beginning after December 15, 2022, including interim reporting periods within those annual reporting periods. The Company is currently evaluating this guidance to determine its impact it may have on its financial statements.</div></ix:nonNumeric> </ix:continuation> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div> <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt; border-spacing: 0px;"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">12</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div> <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div> <div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div> </div></div>
<div><div style="font: 10pt times new roman, times, serif;display: inline;"><ix:continuation id="TextSelection_30269593"> <ix:continuation id="TextSelectionAppend_30269570_3"> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In August 2020, the FASB issued ASU 2020-06, Debt&#8212;Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging&#8212;Contracts in Entity&#8217;s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity&#8217;s Own Equity, which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception and simplifies the diluted earnings per share calculation in certain areas. The amendments in this ASU are effective for annual and interim periods beginning after December 15, 2021, although early adoption is permitted. The Company is in the process of evaluating the impact of this new guidance on its financial statements.</div> </ix:continuation> </ix:continuation> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</div>  <ix:nonNumeric name="tblt:FactorReceivablesLettersOfCreditPayableAndLoanPayableTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">NOTE 3: FACTOR RECEIVABLES, LETTERS OF CREDIT PAYABLE AND LOAN PAYABLE</div></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In April 2013, the Company entered into a financing arrangement with a third-party purchase order financing company (the &#8220;Factor&#8221;), whereby the Company assigned to the Factor selected sales orders from its customers in exchange for opening a letter of credit (&#8220;LC&#8221;) with its vendors to manufacture its products. <ix:nonNumeric name="tblt:FixedFeeDescription" contextRef="P01_01_2021To09_30_2021">The Company paid an initial fixed fee of 5% of the cost of products it purchased from the vendor upon opening the LC, and 1% each 30 days thereafter, after the LC is funded by the Factor until such time as the Factor receives the payment from the Company&#8217;s customers.</ix:nonNumeric> The factoring agreement provides for full recourse against the Company for factored accounts receivable that are not collected by the Factor for any reason, and the collection of such accounts receivable is fully secured by substantially all of the receivables of the Company. The factoring advances for the LCs at September 30, 2021 and December 31, 2020 have been treated as a loan payable to third party in the accompanying balance sheets, and total outstanding accounts receivable factored, net of allowance for sales returns, discounts and rebates of $<ix:nonFraction name="us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:AllowanceForDoubtfulOtherReceivablesCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">13,000</ix:nonFraction></ix:nonFraction> as of September 30, 2021 and December 31, 2020, were $<ix:nonFraction name="us-gaap:OtherReceivablesNetCurrent" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">0</ix:nonFraction> and $<ix:nonFraction name="us-gaap:OtherReceivablesNetCurrent" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">807,648</ix:nonFraction>, respectively.</div></ix:nonNumeric>  <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>  <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">NOTE 4: PROPERTY AND EQUIPMENT, NET</div></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</div>  <ix:nonNumeric name="us-gaap:PropertyPlantAndEquipmentTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Property and equipment consists of the following:</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: bottom"><td style="text-align: center; padding-bottom: 1pt;">&#160;</td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">September 30, <br/> 2021</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">December 31,<br/> 2020</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="width: 74%">Furniture</td><td style="width: 1%">&#160;</td><td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn09_30_2021_FurnitureAndFixturesMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">738,928</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td><td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn12_31_2020_FurnitureAndFixturesMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">183,672</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: White"><td>Computers</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn09_30_2021_ComputerEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">850,841</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn12_31_2020_ComputerEquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">586,749</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="text-align: left">Production equipment</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn09_30_2021_EquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">245,713</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn12_31_2020_EquipmentMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">182,446</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: White"><td style="text-align: left">Automobile and transportation</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn09_30_2021_AutomobileAndTransportationMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">635,542</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn12_31_2020_AutomobileAndTransportationMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">635,542</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="text-align: left">Tooling and molds</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn09_30_2021_ToolingandMoldsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">5,407,684</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn12_31_2020_ToolingandMoldsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,989,366</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: White"><td style="text-align: left">Application development</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn09_30_2021_SoftwareAndSoftwareDevelopmentCostsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,760,816</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn12_31_2020_SoftwareAndSoftwareDevelopmentCostsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">93,435</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="text-align: left">Website design</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn09_30_2021_WebsiteDesignMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">765,573</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn12_31_2020_WebsiteDesignMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">507,088</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: White"><td style="text-align: left">Leasehold Improvements</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn09_30_2021_LeaseholdImprovementsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">993,197</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn12_31_2020_LeaseholdImprovementsMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">42,249</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td>Steelbox</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn09_30_2021_SteelBoxMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">882,000</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentGross" contextRef="PAsOn12_31_2020_SteelBoxMemberusgaapPropertyPlantAndEquipmentByTypeAxis" unitRef="Unit_USD" xsi:nil="true"></ix:nonFraction>-</td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: White"><td style="text-align: left; padding-bottom: 1pt">Less: accumulated depreciation</td><td style="padding-bottom: 1pt">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,350,185</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,153,623</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="text-align: left; padding-bottom: 2.5pt; padding-left: 10pt">Property and Equipment, net</td><td style="padding-bottom: 2.5pt">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentNet" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">9,930,109</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:PropertyPlantAndEquipmentNet" contextRef="PAsOn12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,066,924</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr></table>    </ix:nonNumeric>      <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>  <ix:nonNumeric name="tblt:ScheduleOfDepreciationAndCapitalizedCostsTableTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Depreciation and capitalized costs with respect thereto consists of the following:</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: bottom"><td style="text-align: center; padding-bottom: 1pt;">&#160;</td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="6" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">Three Months Ended<br/> September 30,</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="6" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">Nine Months Ended<br/> September 30,</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td></tr><tr style="vertical-align: bottom"><td style="text-align: center; padding-bottom: 1pt;">&#160;</td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2021</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2020</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2021</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2020</div></td><td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="width: 48%; text-align: left">Depreciation expense</td><td style="width: 1%">&#160;</td><td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:Depreciation" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">552,464</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td><td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:Depreciation" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">176,691</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td><td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:Depreciation" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,196,562</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td><td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:Depreciation" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">394,322</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td></tr></table>    </ix:nonNumeric>     </ix:nonNumeric>      <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>  <ix:nonNumeric name="us-gaap:CommitmentsAndContingenciesDisclosureTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true" continuedAt="TextSelection_30269573"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">NOTE 5 &#8211; COMMITMENTS AND CONTINGENCIES</div></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 3, 2017, the Company executed a non-cancellable operating lease for its principal office with the lease commencing February 1, 2017 for a five (<ix:nonNumeric name="us-gaap:LesseeOperatingLeaseTermOfContract" contextRef="PAsOn01_03_2017" format="ixt-sec:duryear">5</ix:nonNumeric>) year term. The Company paid a security deposit of $<ix:nonFraction name="us-gaap:SecurityDeposit" contextRef="PAsOn01_03_2017" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">29,297</ix:nonFraction>. The lease required the Company to pay its proportionate share of direct costs estimated to be <ix:nonFraction name="tblt:DirectCostsEstimatedPercentage" contextRef="P01_02_2017To01_03_2017" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:numdotdecimal">22.54</ix:nonFraction>% of the total property, a fixed monthly direct cost of $<ix:nonFraction name="us-gaap:LeaseCost" contextRef="P01_02_2017To01_03_2017" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">6,201</ix:nonFraction> for each month during the term of the lease, and monthly rental pursuant to the lease terms.</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company entered into a lease for office space at 8669 Research Drive, in Irvine, CA, which is to replace the current corporate headquarters. <ix:nonNumeric name="us-gaap:LesseeOperatingLeaseDescription" contextRef="P01_01_2021To09_30_2021">The lease commenced on December 1, 2019 with no rent due until April 1, 2020. From April 1, 2020 through March 31, 2025, base rent will be due on the first of each month in the amount of $<ix:nonFraction name="us-gaap:PaymentsForRent" contextRef="P01_01_2021To03_31_2021_AprilOneTwoThousandAndTwentyThroughMarchThirtyOneTwothousandAndTwentyFiveMembersrtStatementScenarioAxis_MinimumMembersrtRangeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">25,200</ix:nonFraction> escalating annually on December 1 of each year to $<ix:nonFraction name="us-gaap:PaymentsForRent" contextRef="P01_01_2021To03_31_2021_AprilOneTwoThousandAndTwentyThroughMarchThirtyOneTwothousandAndTwentyFiveMembersrtStatementScenarioAxis_MaximumMembersrtRangeAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">29,480</ix:nonFraction> beginning December 1, 2023. The Company paid an initial amount of $<ix:nonFraction name="tblt:InitialRentPaid" contextRef="PAsOn04_30_2020_PaycheckProtectionProgramMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">68,128</ix:nonFraction> comprising the rent for April 2020</ix:nonNumeric>, a security deposit and the amount due for property taxes, insurance and association fees.</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div></ix:nonNumeric>  <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">13</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div> <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <ix:continuation id="TextSelection_30269573" continuedAt="TextSelectionAppend_30269573_1"> <ix:nonNumeric name="us-gaap:ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Future minimum lease and other commitments of the Company are as follows:</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 70%; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: bottom"><td style="white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><div style="font-weight:bold;display:inline;">For the years ending &#160;</div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><div style="font-weight:bold;display:inline;">December 31,</div></div></td><td style="white-space: nowrap; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td><td colspan="2" style="white-space: nowrap; text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">Building leases</div></td><td style="white-space: nowrap; padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="width: 85%; text-align: center">2021 (remaining)</td><td style="width: 1%">&#160;</td><td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right"><ix:nonFraction name="us-gaap:LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear" contextRef="PAsOn12_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">126,637</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: White"><td style="text-align: center">2022</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" contextRef="PAsOn12_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">343,821</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="text-align: center">2023</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueYearTwo" contextRef="PAsOn12_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">341,653</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: White"><td style="text-align: center">2024</td><td>&#160;</td><td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueYearThree" contextRef="PAsOn12_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">358,085</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255)"><td style="text-align: center; padding-bottom: 1pt">Thereafter</td><td style="padding-bottom: 1pt">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="tblt:LesseeOperatingLeaseLiabilityPaymentsDueAfterYearThree" contextRef="PAsOn12_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">89,521</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr><tr style="vertical-align: bottom; background-color: White"><td style="padding-bottom: 2.5pt">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:LesseeOperatingLeaseLiabilityPaymentsDue" contextRef="PAsOn12_31_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,259,717</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr></table>    </ix:nonNumeric>      <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company recorded rent expense of $<ix:nonFraction name="us-gaap:PaymentsForRent" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">211,672</ix:nonFraction> and $<ix:nonFraction name="us-gaap:PaymentsForRent" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">208,672</ix:nonFraction> and $<ix:nonFraction name="us-gaap:PaymentsForRent" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">650,605</ix:nonFraction> and $<ix:nonFraction name="us-gaap:PaymentsForRent" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">536,566</ix:nonFraction> for the three and nine months ended September 30, 2021 and 2020, respectively. The Company recorded a slotting expense of $<ix:nonFraction name="tblt:SlottingExpense" contextRef="P07_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">83,334</ix:nonFraction> and $<ix:nonFraction name="tblt:SlottingExpense" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">83,334</ix:nonFraction> and $<ix:nonFraction name="tblt:SlottingExpense" contextRef="P07_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">250,002</ix:nonFraction> and $<ix:nonFraction name="tblt:SlottingExpense" contextRef="P01_01_2020To09_30_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">250,002</ix:nonFraction> for the three and nine months ended September 30, 2021 and 2020, respectively.</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Employment Agreements with Officers</div></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 3, 2017, the Company entered into an employment agreement with its President and Chief Executive Officer for a <span style="-sec-ix-hidden:hidden30269728">five-year</span> term. The officer received a sign-on-bonus of $<ix:nonFraction name="us-gaap:EmployeeBenefitsAndShareBasedCompensation" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_PresidentChiefExecutiveOfficerMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">50,000</ix:nonFraction> and was entitled to an annual base salary of $<ix:nonFraction name="us-gaap:OfficersCompensation" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_PresidentChiefExecutiveOfficerMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">350,000</ix:nonFraction> to increase by <ix:nonFraction name="tblt:IncreasePercentageOfBaseSalary" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_PresidentChiefExecutiveOfficerMembersrtTitleOfIndividualAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">10</ix:nonFraction>% each year commencing on January 1, 2018. The officer was also granted a stock option to purchase <ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_PresidentChiefExecutiveOfficerMembersrtTitleOfIndividualAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">125,000</ix:nonFraction> shares of the Company&#8217;s common stock at an exercise price of $<ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_PresidentChiefExecutiveOfficerMembersrtTitleOfIndividualAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">10.00</ix:nonFraction> per share.</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 3, 2017, the Company entered into an employment agreement with its Vice-President of Design and Development for a <span style="-sec-ix-hidden:hidden30269729">five-year</span> term. Under the terms of this agreement, the officer received a sign-on-bonus of $<ix:nonFraction name="us-gaap:EmployeeBenefitsAndShareBasedCompensation" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_VicePresidentofDesignandDevelopmentMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">35,000</ix:nonFraction> and is entitled to an annual base salary of $<ix:nonFraction name="us-gaap:OfficersCompensation" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_VicePresidentofDesignandDevelopmentMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">250,000</ix:nonFraction> beginning on December 1, 2016 to increase by <ix:nonFraction name="tblt:IncreasePercentageOfBaseSalary" contextRef="P01_02_2017To01_03_2017_EmploymentAgreementMemberusgaapTypeOfArrangementAxis_VicePresidentofDesignandDevelopmentMembersrtTitleOfIndividualAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">10</ix:nonFraction>% each year commencing on January 1, 2018.</div> </ix:continuation></div><div style="font: 10pt times new roman, times, serif;display: inline;"><ix:continuation id="TextSelectionAppend_30269573_1" continuedAt="TextSelectionAppend_30269573_2"> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 3, 2017, the Company entered into an employment agreement with its Chief Operating Officer and Secretary for a <span style="-sec-ix-hidden:hidden30269730">three-year</span> term. Under the terms of this agreement, the officer is entitled to an annual base salary of $<ix:nonFraction name="us-gaap:OfficersCompensation" contextRef="P01_02_2017To01_03_2017_ChiefOperatingOfficerAndSecretaryMembersrtTitleOfIndividualAxis_EmploymentAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">180,000</ix:nonFraction> beginning on January 1, 2017 to increase by <ix:nonFraction name="tblt:IncreasePercentageOfBaseSalary" contextRef="P01_02_2017To01_03_2017_ChiefOperatingOfficerAndSecretaryMembersrtTitleOfIndividualAxis_EmploymentAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">10</ix:nonFraction>% each year commencing on January 1, 2018.</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#8217;s former Chief Financial Officer was appointed on June 14, 2019, with whom the Company entered into a verbal consulting arrangement at $<ix:nonFraction name="us-gaap:OfficersCompensation" contextRef="P06_13_2019To06_14_2019_ChiefFinancialOfficerMembersrtTitleOfIndividualAxis_VerbalConsultingArrangementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">10,000</ix:nonFraction> per month. Effective July 2, 2020 such former Chief Financial Officer resigned from the Company.</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Effective July 1, 2020, the Company and the Chief Financial Officer agreed to a salary of $<ix:nonFraction name="us-gaap:OfficersCompensation" contextRef="P07_01_2020To07_02_2020_ChiefFinancialOfficerMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">230,000</ix:nonFraction> per annum.</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The employment agreements also entitle the officers to receive, among other benefits, the following compensation: (i) eligibility to receive an annual cash bonus at the sole discretion of the Board and as determined by the Compensation Committee commensurate with the policies and practices applicable to other senior executive officers of the Company; (ii) an opportunity to participate in any stock option, performance share, performance unit or other equity based long-term incentive compensation plan commensurate with the terms and conditions applicable to other senior executive officers and (iii) participation in benefit plans, practices, policies and programs provided by the Company (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent available to the Company&#8217;s other senior executive officers.</div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div> </ix:continuation> <div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">14</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div> <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div> <div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</div> </div></div>
<div><div style="font: 10pt times new roman, times, serif;display: inline;"><ix:continuation id="TextSelectionAppend_30269573_2" continuedAt="TextSelectionAppend_30269573_3"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Litigation Costs and Contingencies</div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From time to time, the Company may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. Litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm business. Other than as set forth below, management is currently not aware of any such legal proceedings or claims that could have, individually or in the aggregate, a material adverse effect on our business, financial condition, or operating results.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the normal course of business, the Company incurs costs to hire and retain external legal counsel to advise it on regulatory, litigation and other matters. The Company expenses these costs as the related services are received. If a loss is considered and the amount can be reasonable estimated, the Company recognizes an expense for the estimated loss.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Edwin Minassian v. Michael Panosian and Toughbuilt Industries, Inc., Los Angeles Superior Court Case No. EC065533.</div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On August 16, 2016, Plaintiff Edwin Minassian filed a complaint against Defendants ToughBuilt Industries, Inc. (the &#8220;Company&#8221;) and Michael Panosian in the Superior Court of California, County of Los Angeles, Case No. EC065533. The complaint alleges breach of oral contracts to pay Plaintiff for consulting and finder&#8217;s fees, and to hire him as an employee. The complaint further alleged claims of fraud and misrepresentation relating to an alleged payment in exchange for stock in the Company. The complaint seeks unspecified monetary damages, declaratory relief, stock in the Company, and other relief according to proof.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 12, 2018, the Court entered judgments of default against the Company and Mr. Panosian in the amounts of $<ix:nonFraction name="us-gaap:LossContingencyDamagesSoughtValue" contextRef="P04_11_2018To04_12_2018_MichaelPanosianMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">7,080</ix:nonFraction> and $<ix:nonFraction name="us-gaap:LossContingencyDamagesSoughtValue" contextRef="P04_11_2018To04_12_2018_EdwinMinassianMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">235,542</ix:nonFraction>, plus awarding Mr. Minassian a <ix:nonFraction name="us-gaap:EquityMethodInvestmentOwnershipPercentage" contextRef="PAsOn04_12_2018_EdwinMinassianMembersrtTitleOfIndividualAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">7</ix:nonFraction>% ownership interest in the Company (the &#8220;Judgments&#8221;). Mr. Minassian served notice of entry of the judgments on April 17, 2018 and the Company and Mr. Panosian received notice of the entry of the default judgments on April 19, 2018.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company and Panosian satisfied the judgments on September 14, 2018 by payment of $<ix:nonFraction name="us-gaap:LossContingencyDamagesAwardedValue" contextRef="P09_10_2018To09_14_2018_EdwinMinassianMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">252,949</ix:nonFraction> to Plaintiff Minassian and by issuing Plaintiff Minassian <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P09_10_2018To09_14_2018_EdwinMinassianMembersrtTitleOfIndividualAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">376,367</ix:nonFraction> shares of common stock of the Company. On October 18, 2018, the Company and Panosian filed a Notice of Appeal from the Order denying their motion for relief from the above-referenced default judgment.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On October 1, 2019, the Second Appellate District of the California Court of Appeal issued its opinion reversing the trial court&#8217;s order denying ToughBuilt&#8217;s motion for relief from the default judgment and directing the trial court to grant ToughBuilt&#8217;s motion for relief, including allowing Toughbuilt to file an Answer and contest Minassian&#8217;s claims.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The appellate court recently issued a remittitur officially transferring the matter from the appellate court back to the trial court for further proceedings consistent with its ruling, and the Company and Panosian have filed an Answer to the Complaint. The trial court has not yet set a trial date, and discovery in this case is just now beginning. The Company intends to vigorously defend the Complaint and seek to recover the compensation and stock previously paid to satisfy the now vacated default judgment. The Company believes it has a strong position, but cannot quantify the likelihood that it will prevail in the above litigation, or any likely liability or recoveries, because of the current status of the case and the unpredictability of litigation.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div></ix:continuation><div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">15</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div><div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</div><ix:continuation id="TextSelectionAppend_30269573_3"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Minassian seeks damages and stock based on a breach of an alleged oral agreement. Discovery is presently ongoing. In addition, Plaintiff Minassian is in violation of a court order for restitution and the Company is engaged in collection efforts to enforce that order. A trial date has been set for April 25, 2022.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Design 1<div style=";display:inline;vertical-align: super;;font-size:9.2px">st</div> v. Toughbuilt Industries, Inc., American Arbitration Association</div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On November 26, 2019, Claimant Design 1<div style=";display:inline;vertical-align: super;;font-size:9.2px">st</div> filed a Demand for Arbitration against the Company seeking $<ix:nonFraction name="us-gaap:LossContingencyDamagesSoughtValue" contextRef="P11_25_2019To11_26_2019_AmericanArbitrationAssociationMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">169,094</ix:nonFraction> in damages, plus attorney&#8217;s fees and costs. Claimant contends the Company breached a written contract by failing to pay for design services. The Company filed a Cross-Demand for Arbitration against Claimant seeking $<ix:nonFraction name="us-gaap:LossContingencyDamagesSoughtValue" contextRef="P11_25_2019To11_26_2019_AmericanArbitrationAssociationMemberdeiLegalEntityAxis_CrossDemandMembersrtLitigationCaseAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">394,956</ix:nonFraction> in damages, plus attorney&#8217;s and costs alleging Claimant breached the same contract by performing negligent services, failing to meets its obligations under the contract, and fraudulent billing.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The arbitration hearing occurred in April 2021. On July 14, 2021, the arbitrator concluded that neither party was entitled to prevail on their respective claims and rejected all counterclaims. Both parties are required to bear all fees and incurred in connection with the arbitration.</div></ix:continuation><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><ix:nonNumeric name="us-gaap:StockholdersEquityNoteDisclosureTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true" continuedAt="TextSelection_30269575"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">NOTE 6: STOCKHOLDERS&#8217; EQUITY </div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">At September 30, 2021 and December 31, 2020, the Company had <ix:nonFraction name="us-gaap:CommonStockSharesAuthorized" contextRef="PAsOn12_31_2020" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:CommonStockSharesAuthorized" contextRef="PAsOn09_30_2021" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">200,000,000</ix:nonFraction></ix:nonFraction> shares of common stock, and <ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn09_30_2021" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn12_31_2020" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">4,268</ix:nonFraction></ix:nonFraction> shares of Series C preferred stock authorized, both with a par value of $<ix:nonFraction name="us-gaap:PreferredStockParOrStatedValuePerShare" contextRef="PAsOn09_30_2021" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockParOrStatedValuePerShare" contextRef="PAsOn12_31_2020" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal">0.0001</ix:nonFraction></ix:nonFraction> per share. In addition, as of September 30, 2021 and December 31, 2020, the Company had <ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn09_30_2021_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn12_31_2020_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">5,775</ix:nonFraction></ix:nonFraction> shares of Series D preferred stock, authorized, and <ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn09_30_2021_SeriesENonConvertiblePreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn12_31_2020_SeriesENonConvertiblePreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">15</ix:nonFraction></ix:nonFraction> Series E Non-Convertible preferred stock, with a par value of $<ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueNewIssues" contextRef="P01_01_2020To12_31_2020_SeriesENonConvertiblePreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD" decimals="-3" scale="3" format="ixt:numdotdecimal">1,000</ix:nonFraction> and $<ix:nonFraction name="us-gaap:PreferredStockParOrStatedValuePerShare" contextRef="PAsOn09_30_2021_SeriesENonConvertiblePreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_USD_per_Share" decimals="INF" scale="0" format="ixt:numdotdecimal">0.001</ix:nonFraction> per share, respectively.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Common Stock and Preferred Stock</div></div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On February 24, 2020, the Company closed on the public offering of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P02_23_2020To02_24_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="-3" scale="6" format="ixt:numdotdecimal">0.445</ix:nonFraction> million shares of its common stock, for gross proceeds of $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceInitialPublicOffering" contextRef="P02_23_2020To02_24_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">912,250</ix:nonFraction> based upon the overallotment option arising from the closing of its January 28, 2020 public offering. In the January 28, 2020 public offering, the Company sold <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_27_2020To01_28_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:numdotdecimal">4.5</ix:nonFraction> million shares of its common stock and <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_27_2020To01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis_WarrantMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="-4" scale="6" format="ixt:numdotdecimal">49.45</ix:nonFraction> million warrants (each exercisable into 1/20 of a share of common stock for a total of <ix:nonFraction name="tblt:NumberOfSharesExercisableForWarrants" contextRef="P01_27_2020To01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="-2" scale="6" format="ixt:numdotdecimal">2.4725</ix:nonFraction> million shares of common stock) from which it received gross proceeds of $<ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueNewIssues" contextRef="P01_27_2020To01_28_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">9,472,250</ix:nonFraction>.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On June 12, 2020, the Company closed on the public offering of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P06_11_2020To06_12_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:numdotdecimal">1.7</ix:nonFraction> million shares of its common stock, for gross proceeds of $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceInitialPublicOffering" contextRef="P06_11_2020To06_12_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,683,000</ix:nonFraction> based upon the overallotment option arising from the closing of its June 2, 2020 public offering. In the June 2, 2020 public offering, the Company sold <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P06_01_2020To06_02_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:numdotdecimal">19</ix:nonFraction> million shares of its common stock and <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P06_01_2020To06_02_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis_WarrantMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:numdotdecimal">20.7</ix:nonFraction> million warrants from which it received gross proceeds of $<ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueNewIssues" contextRef="P06_01_2020To06_02_2020_PublicOfferingMemberusgaapSubsidiarySaleOfStockAxis_WarrantMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">19,017,000</ix:nonFraction>.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During 2020, <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" contextRef="P01_01_2020To12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">1,268</ix:nonFraction> shares of Series C Preferred Stock converted into <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_01_2020To12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_SeriesCPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">126,800</ix:nonFraction> shares of the Company&#8217;s common stock and <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" contextRef="P01_01_2020To12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">3,563</ix:nonFraction> shares of Series D Preferred Stock converted into <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_01_2020To12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">3,141,426</ix:nonFraction> shares of the Company&#8217;s common stock.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During 2020, $<ix:nonFraction name="us-gaap:DebtConversionConvertedInstrumentSharesIssued1" contextRef="P01_01_2020To12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">3,200,000</ix:nonFraction> principal amount of Notes was converted into the Company&#8217;s common Stock</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During 2020, the Company granted <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesIssuedForServices" contextRef="P01_01_2020To12_31_2020_ConsultantMembersrtTitleOfIndividualAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">360,000</ix:nonFraction> shares of common stock to consultants in consideration for services rendered.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div></ix:nonNumeric><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></div><div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">16</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div><div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div></div></div>
<div>
<div style="font: 10pt times new roman, times, serif;display: inline;"><ix:continuation id="TextSelection_30269575" continuedAt="TextSelectionAppend_30269575_1">
<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 19, 2021, the Company filed a prospectus supplement dated January 15, 2021 (the &#8220;ATM Prospectus Supplement&#8221;) to the shelf registration statement Form S-3 (File No. 333-251185) declared effective by the SEC on December 15, 2020 (the &#8220;First Form S-3&#8221;) for the offer and sale shares of common stock having an aggregate value of $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" contextRef="P01_17_2021To01_19_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">8,721,746</ix:nonFraction> from time to time through H.C. Wainwright &amp; Co., LLC, as sales agent (&#8220;Wainwright&#8221;), pursuant to At The Market Offering Agreement, dated December 7, 2020 (the &#8220;ATM Agreement&#8221;), between the Company and Wainwright. During January 2021, the Company has raised approximately $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceOfCommonStock" contextRef="P01_01_2021To01_31_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">16,200,000</ix:nonFraction> through the sale of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_01_2021To01_31_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:numdotdecimal">14.9</ix:nonFraction> million shares of the Company&#8217;s common stock.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On February 2, 2021, the Company filed a second registration statement on Form S-3 (File No. 333-252630) (the &#8220;Second Form S-3&#8221;) containing a base prospectus covering the offering, issuance and sale by us of up to $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" contextRef="P02_01_2021To02_02_2021_SecondAtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">100,000,000</ix:nonFraction> of the Company&#8217;s common stock, preferred stock, warrants and units; and a sales agreement prospectus covering the offering, issuance and sale by us of up to a maximum aggregate offering price of $<ix:nonFraction name="tblt:OfferingPrice" contextRef="P02_01_2021To02_02_2021_SecondAtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">100,000,000</ix:nonFraction> (which amount was included in the aggregate offering price set forth in the base prospectus) of the Company&#8217;s common stock that may be issued and sold under a second At The Market Offering Agreement, dated February 1, 2021, we entered into with Wainwright, as sales agent. The Second Form S-3 was declared effective by the SEC on February 8, 2021.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From February 2021 to July 2021, the Company sold an aggregate of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P02_01_2021To07_31_2021_AtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">18,826,177</ix:nonFraction> shares of common stock through the Wainwright under the Second S-3 with net proceeds of $<ix:nonFraction name="tblt:ProceedsFromIssuanceOfCommonStockNetOfUnderwritingDiscountsAndExpenses" contextRef="P02_01_2021To07_31_2021_SecondAtTheMarketOfferingAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">24,602,110</ix:nonFraction>, after deducting underwriting discounts and expense.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On March 26, 2021, the Company filed with the Nevada Secretary of State a certificate of designation therein establishing the Series E Preferred Stock consisting of fifteen (15) shares, and the Company issued nine (<ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P03_25_2021To03_26_2021_InstitutionalInvestorMembersrtTitleOfIndividualAxis_SeriesEPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">9</ix:nonFraction>) shares of such preferred stock to an institutional investor pursuant to an exchange agreement, dated November 20, 2020, between the Company and the investor.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On July 11, 2021, the Company entered into a Securities Purchase Agreement, dated July 11, 2021 (the &#8220;Agreement&#8221;) with several institutional and accredited investors (the &#8220;Purchasers&#8221;) pursuant to which the Company agreed to issue and sell in a registered direct offering (the &#8220;Offering&#8221;) an aggregate of <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P07_10_2021To07_11_2021" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">46,029,920</ix:nonFraction> shares (the &#8220;Shares&#8221;) of its common stock and warrants (the &#8220;Warrants&#8221;) to purchase up to an aggregate of <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight" contextRef="PAsOn07_11_2021" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">23,014,960</ix:nonFraction> shares of common stock at a combined offering price of $<ix:nonFraction name="us-gaap:DebtInstrumentConvertibleConversionPrice1" contextRef="PAsOn07_11_2021" unitRef="Unit_USD_per_Share" decimals="3" scale="0" format="ixt:numdotdecimal">0.869</ix:nonFraction> per share and accompanying warrant, for gross proceeds of approximately $<ix:nonFraction name="us-gaap:ProceedsFromWarrantExercises" contextRef="P07_10_2021To07_11_2021_WarrantMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">40,000,000</ix:nonFraction>. The Warrants have an exercise price equal to $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn07_11_2021" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">0.81</ix:nonFraction> per share, and are immediately exercisable until the fifth anniversary of the date of issuance.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0.5in;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The net proceeds to the Company from the Offering were $<ix:nonFraction name="us-gaap:ProceedsFromIssuanceOrSaleOfEquity" contextRef="P07_10_2021To07_11_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">36,259,050</ix:nonFraction>, after deducting placement agent fees and expenses payable by the Company. The Offering closed on July 14, 2021.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0.5in;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to an engagement letter, dated July 10, 2021 (the &#8220;Engagement Letter&#8221;), with H.C. Wainwright &amp; Co., LLC (the &#8220;Placement Agent&#8221;), the Company agreed to pay the Placement Agent a cash fee equal to <ix:nonFraction name="tblt:PercentageOfCashfeeEqualToGrossProceeds" contextRef="PAsOn07_11_2021" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:numdotdecimal">7.0</ix:nonFraction>% of the gross proceeds received in the Offering and a management fee equal to <ix:nonFraction name="tblt:PercentageOfManagementFeeEqualToGrossProceeds" contextRef="PAsOn07_11_2021" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:numdotdecimal">0.5</ix:nonFraction>% of the gross proceeds received in the Offering. The Company also agreed to pay the Placement Agent $<ix:nonFraction name="us-gaap:ProfessionalFees" contextRef="P07_10_2021To07_11_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">25,000</ix:nonFraction> for non-accountable expenses, up to $<ix:nonFraction name="us-gaap:LegalFees" contextRef="P07_10_2021To07_11_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">50,000</ix:nonFraction> for fees and expenses of legal counsel and other reasonable and customary out of-pocket expenses, and $<ix:nonFraction name="tblt:ClearingFees" contextRef="P07_10_2021To07_11_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">15,950</ix:nonFraction> for clearing fees.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Also pursuant to the Engagement Letter, the Company, in connection with the Offering, issued to the Placement Agent or its designees warrants to purchase an aggregate of <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight" contextRef="PAsOn07_11_2021_EngagementLetterMemberusgaapTypeOfArrangementAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">2,761,795</ix:nonFraction> shares of its <ix:nonNumeric name="tblt:DescriptionForMarketCapitalization" contextRef="P07_10_2021To07_11_2021">common stock (which represents 6.0% of the Shares sold to investors in the Offering) at an exercise price equal to 125% of the offering price in the offering, or $<ix:nonFraction name="us-gaap:SharesIssuedPricePerShare" contextRef="PAsOn07_11_2021" unitRef="Unit_USD_per_Share" decimals="5" scale="0" format="ixt:numdotdecimal">1.08625</ix:nonFraction> (the &#8220;Placement Agent Warrants&#8221;). The Placement Agent Warrants are immediately exercisable until the fifth anniversary of the commencement of sales of the offering.</ix:nonNumeric></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0.5in;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Shares sold under the Agreement, the issuance of the Warrants and the Placement Agent Warrants, and the shares issuable pursuant to the Warrants and the Placement Agent Warrants (the &#8220;Warrant Shares&#8221;) were offered and sold by through a prospectus supplement included in the Company&#8217;s Second Form S-3 (as defined above).</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>
</ix:continuation>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">17</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>






</div>


<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>
<ix:continuation id="TextSelectionAppend_30269575_1" continuedAt="TextSelectionAppend_30269575_2">
<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Warrants</div></div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="text-decoration:underline;display:inline;">Placement Agent Warrants</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has issued an aggregate of <ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn09_30_2021_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">24,758</ix:nonFraction> warrants to the placement agents to purchase one share of its common stock per warrant at an exercise price of $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn09_30_2021_PlacementAgentWarrantsOneMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD_per_Share" decimals="0" scale="0" format="ixt:numdotdecimal">120</ix:nonFraction> per share for <ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn09_30_2021_PlacementAgentWarrantsOneMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">4,758</ix:nonFraction> warrants and $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn09_30_2021_PlacementAgentWarrantsTwoMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD_per_Share" decimals="0" scale="0" format="ixt:numdotdecimal">10</ix:nonFraction> for <ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn09_30_2021_PlacementAgentWarrantsTwoMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">20,000</ix:nonFraction> warrants. The warrants issued in its October 2016 Private Placement shall expire on <ix:nonNumeric name="us-gaap:WarrantsAndRightsOutstandingMaturityDate" contextRef="PAsOn09_30_2021_OctoberPrivatePlacementMemberusgaapSubsidiarySaleOfStockAxis_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" format="ixt:datemonthdayyearen">October 17, 2021</ix:nonNumeric>, and the warrants issued in its March 2018 Private Placement, May 2018 Private Placement and August 2018 Financing shall expire on <ix:nonNumeric name="us-gaap:WarrantsAndRightsOutstandingMaturityDate" contextRef="PAsOn09_30_2021_AugustFinancingMemberusgaapSubsidiarySaleOfStockAxis_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" format="ixt:datemonthdayyearen">September 4, 2023</ix:nonNumeric>. The exercise price and number of shares of common stock or other securities issuable on exercise of such warrants are subject to customary adjustment in certain circumstances, including in the event of a stock dividend, recapitalization, reorganization, merger or consolidation of the Company.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of September 30, 2021 and December 31, 2020, <ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn09_30_2021" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn12_31_2020" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">20,000</ix:nonFraction></ix:nonFraction> warrants issued to the placement agents at an exercise price of $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn09_30_2021_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD_per_Share" decimals="0" scale="0" format="ixt:numdotdecimal">10</ix:nonFraction> and <ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn12_31_2020_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">4,437</ix:nonFraction> at an exercise price of $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn12_31_2020_PlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD_per_Share" decimals="0" scale="0" format="ixt:numdotdecimal">120</ix:nonFraction> are outstanding and are currently exercisable.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="text-decoration:underline;display:inline;">Class B Warrants</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The holders of the Class B Warrants did not exercise any of their warrants during the nine months ended September 30, 2021. Class B Warrants have an exercise price of $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn09_30_2021_ClassBWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">120.00</ix:nonFraction> per share and shall expire between October 17, 2021 and May 15, 2023.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of September 30, 2021 and December 31, 2020, the Company had <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightOutstanding" contextRef="PAsOn09_30_2021_ClassBWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:ClassOfWarrantOrRightOutstanding" contextRef="PAsOn12_31_2020_ClassBWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn09_30_2021_ClassBWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn12_31_2020_ClassBWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">26,550</ix:nonFraction></ix:nonFraction></ix:nonFraction></ix:nonFraction> Class B Warrants issued and outstanding.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="text-decoration:underline;display:inline;">Series A Warrants and Series B Warrants</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 24, 2019, the Company entered into an exchange agreement with two institutional investors pursuant to which these investors exercised Series A Warrants to purchase <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight" contextRef="PAsOn01_24_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorsMembersrtTitleOfIndividualAxis_SeriesAWarrantsAndSeriesBWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">42,412</ix:nonFraction> shares of the Company&#8217;s common stock for total cash proceeds of $<ix:nonFraction name="us-gaap:ProceedsFromWarrantExercises" contextRef="P01_23_2019To01_24_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorsMembersrtTitleOfIndividualAxis_SeriesAWarrantsAndSeriesBWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,172,680</ix:nonFraction> to the Company, net of costs of $<ix:nonFraction name="us-gaap:PaymentsOfStockIssuanceCosts" contextRef="P01_23_2019To01_24_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorsMembersrtTitleOfIndividualAxis_SeriesAWarrantsAndSeriesBWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">159,958</ix:nonFraction>. The two investors also exchanged Series A Warrants to purchase <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight" contextRef="PAsOn01_24_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorsMembersrtTitleOfIndividualAxis_SeriesAWarrantsAndSeriesBWarrantsOneMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">50,894</ix:nonFraction> shares of its common stock into <ix:nonFraction name="tblt:NumberOfSharesIssuedForExerciseOfWarrants" contextRef="P01_23_2019To01_24_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorsMembersrtTitleOfIndividualAxis_SeriesAWarrantsAndSeriesBWarrantsOneMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">50,894</ix:nonFraction> shares of its common stock and received new warrants to purchase an aggregate of 933,056 shares of its common stock. These new warrants have terms substantially similar to the terms of the Company&#8217;s Series A Warrants, except that the per share exercise price of the new warrants is $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn03_31_2021_SeriesAWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">36.70</ix:nonFraction>, and the warrants are not exercisable until July 24, 2019, the six-month anniversary of the date of issuance. <ix:nonNumeric name="tblt:WarrantsExercisableSharesDescription" contextRef="P01_01_2021To03_31_2021_SeriesAWarrantMemberusgaapStatementEquityComponentsAxis">Each warrant expires on the fifth anniversary of the original issuance date.</ix:nonNumeric></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of September 30, 2021 and December 31, 2020, the Company had <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightOutstanding" contextRef="PAsOn09_30_2021_SeriesAWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:ClassOfWarrantOrRightOutstanding" contextRef="PAsOn12_31_2020_SeriesAWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn09_30_2021_SeriesAWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn12_31_2020_SeriesAWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">519,001</ix:nonFraction></ix:nonFraction></ix:nonFraction></ix:nonFraction> Series A Warrants issued and outstanding.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="text-decoration:underline;display:inline;">2020 Offering Warrants</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the January 28, 2020 public offering, <ix:nonNumeric name="tblt:WarrantsExercisableSharesDescription" contextRef="P01_27_2020To01_28_2020_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis">the Company sold <ix:nonFraction name="us-gaap:SaleOfStockNumberOfSharesIssuedInTransaction" contextRef="P01_27_2020To01_28_2020_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="-4" scale="6" format="ixt:numdotdecimal">49.45</ix:nonFraction> million warrants (each exercisable into 1/20<div style=";display:inline;vertical-align: super;;font-size:9.2px">th</div> of a share of common stock for a total of 2.4725 million shares of common stock).In the June 2, 2020 public offering, <ix:nonNumeric name="tblt:WarrantsExercisableSharesDescription" contextRef="P06_01_2020To06_02_2020_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis">the Company sold 20.7 million warrants (each exercisable into 1 share of common stock for a total of <ix:nonFraction name="us-gaap:SaleOfStockNumberOfSharesIssuedInTransaction" contextRef="P06_01_2020To06_02_2020_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="1" scale="0" format="ixt:numdotdecimal">20.7</ix:nonFraction> million shares of common stock.)</ix:nonNumeric></ix:nonNumeric> Each warrant expires on the fifth anniversary of the original issuance date. During the nine months ended September 30, 2021, <ix:nonFraction name="tblt:NumberOfWarrantsConvertedToCommonStock" contextRef="P01_01_2021To09_30_2021_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">5,412,540</ix:nonFraction> warrants were converted to common stock.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of September 30, 2021, the Company had <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightOutstanding" contextRef="PAsOn09_30_2021_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn09_30_2021_TwoThousandTwentyOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">15,367,574</ix:nonFraction></ix:nonFraction> 2020 Offering Warrants issued and outstanding.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="text-decoration:underline;display:inline;">2021 Offering Warrants</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the July 11, 2021 offering, the Company sold <ix:nonFraction name="us-gaap:SaleOfStockNumberOfSharesIssuedInTransaction" contextRef="P07_10_2021To07_11_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">23,014,960</ix:nonFraction> warrants (each exercisable into <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight" contextRef="PAsOn07_11_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">1</ix:nonFraction> share of common stock) at an exercise price equal to $0.81 per share, and are immediately exercisable until the fifth anniversary of the date of issuance. In connection with the offering the Company issued to the Placement Agent or its designees warrants to purchase an aggregate of <ix:nonFraction name="tblt:NumberOfWarrantsConvertedToCommonStock" contextRef="P07_11_2021To07_11_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">2,761,795</ix:nonFraction> shares of its common stock at an exercise price equal to <ix:nonFraction name="tblt:PercentageOfExercisePriceOverOfferingPrice" contextRef="PAsOn07_11_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">125</ix:nonFraction>% of the offering price in the offering, or $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn07_11_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD_per_Share" decimals="5" scale="0" format="ixt:numdotdecimal">1.08625</ix:nonFraction> (the &#8220;2021 Placement Agent Warrants&#8221;). The 2021 Placement Agent Warrants are immediately exercisable until the fifth anniversary of the commencement of sales of the offering.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of September 30, 2021, the Company had <ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn09_30_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:ClassOfWarrantOrRightOutstanding" contextRef="PAsOn09_30_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">23,014,960</ix:nonFraction></ix:nonFraction> and <ix:nonFraction name="tblt:NumberOfWarrantsIssued" contextRef="PAsOn09_30_2021_TwoThousandAndTwentyOnePlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:ClassOfWarrantOrRightOutstanding" contextRef="PAsOn09_30_2021_TwoThousandAndTwentyOnePlacementAgentWarrantsMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">2,761,795</ix:nonFraction></ix:nonFraction>, 2021 Offering Warrants and 2021 <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Placement Agent Warrants issued and outstanding, respectively.&#160;The total fair value of such warrants amounted to $<ix:nonFraction name="us-gaap:FinancialLiabilitiesFairValueDisclosure" contextRef="PAsOn09_30_2021_TwoThousandTwentyOneOfferingWarrantsMemberusgaapClassOfWarrantOrRightAxis_WarrantMemberusgaapFairValueByLiabilityClassAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">7,463,005</ix:nonFraction> and $<ix:nonFraction name="us-gaap:FinancialLiabilitiesFairValueDisclosure" contextRef="PAsOn09_30_2021_PlacementAgentWarrantsMemberusgaapClassOfWarrantOrRightAxis_WarrantMemberusgaapFairValueByLiabilityClassAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">4,560,663</ix:nonFraction> upon issuance, and September 30, 2021, respectively, and is included in warrant liabilities on the accompanying condensed consolidated balance sheets.</div></div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="text-decoration:underline;display:inline;">Exchange </div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As disclosed in Note 9, on November 20, 2020, the Company and the investor entered into an exchange agreement and issued a warrant to purchase up to an aggregate of <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight" contextRef="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">575,000</ix:nonFraction> shares of the Company&#8217;s common stock for $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">1.00</ix:nonFraction> per share which expire on <ix:nonNumeric name="us-gaap:WarrantsAndRightsOutstandingMaturityDate" contextRef="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis" format="ixt:datemonthdayyearen">August 20, 2024</ix:nonNumeric>. As of September 30, 2021, such warrant was outstanding.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Equity Incentive Plans</div></div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="text-decoration:underline;display:inline;">The 2016 Equity Incentive Plan</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The 2016 Equity Incentive Plan (the &#8220;2016 Plan&#8221;) was adopted by the Board of Directors and approved by the shareholders on July 6, 2016. The awards per 2016 Plan may be granted through July 5, 2026 to the Company&#8217;s employees, consultants, directors and non-employee directors provided such consultants, directors and non-employee directors render good faith services not in connection with the offer and sale of securities in a capital-raising transaction. The maximum number of shares of our common stock that may be issued under the 2016 Plan is <ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P01_01_2021To09_30_2021_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">200,000</ix:nonFraction> shares, which amount will be (a) reduced by awards granted under the 2016 Plan, and (b) increased to the extent that awards granted under the 2016 Plan are forfeited, expire or are settled for cash (except as otherwise provided in the 2016 Plan). No employee will be eligible to receive more than <ix:nonFraction name="tblt:MaximumNumberOfSharesEligibleToReceiveByEmployees" contextRef="P01_01_2021To09_30_2021_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">12,500</ix:nonFraction> shares of common stock in any calendar year under the 2016 Plan pursuant to the grant of awards.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>
</ix:continuation>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">18</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>






</div>


<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>
</div>
</div>

<div><div style="font: 10pt times new roman, times, serif;display: inline;"><ix:continuation id="TextSelectionAppend_30269575_2"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 3, 2017, the Board of Directors of the Company approved and granted to the President/Chief Executive Officer of the Company, an option to purchase <ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" contextRef="P01_01_2017To01_03_2017_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">12,500</ix:nonFraction> shares of the Company&#8217;s Common Stock (&#8220;Option&#8221;) under the Company&#8217;s 2016 Plan. The Option will have an exercise price that is no less than $<ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" contextRef="P01_01_2017To01_03_2017_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">100.00</ix:nonFraction> per share and will vest over four (<ix:nonNumeric name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" contextRef="P01_01_2017To01_03_2017_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" format="ixt-sec:duryear">4</ix:nonNumeric>) years, with <ix:nonFraction name="us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" contextRef="P01_01_2017To01_03_2017_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">25</ix:nonFraction>% of the total number of shares subject to the Option vesting on the one (1) year anniversary of the date of grant and, the remainder vesting in equal installments on the last day of each of the thirty-six (36) full calendar months thereafter. Vesting will depend on the Officer&#8217;s continued service as an employee with the Company and will be subject to the terms and conditions of the 2016 Plan and the written Stock Option Agreement governing the Option. As of December 31, 2018, the Company estimated the fair value of the options using the Black-Scholes option pricing model was $<ix:nonFraction name="tblt:FairValueOfOptions" contextRef="PAsOn12_31_2018_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">448,861</ix:nonFraction><div style="background-color: white; letter-spacing: 0px; top: 0px;;display:inline;">. The Company recorded compensation expense of $<ix:nonFraction name="us-gaap:ShareBasedCompensation" contextRef="P07_01_2020To09_30_2020_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">28,054</ix:nonFraction> for the three months ended </div>September <div style="background-color: white; letter-spacing: 0px; top: 0px;;display:inline;">30, 2020 and $<ix:nonFraction name="us-gaap:ShareBasedCompensation" contextRef="P01_01_2020To09_30_2020_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">84,161</ix:nonFraction> for the nine months ended </div>September <div style="background-color: white; letter-spacing: 0px; top: 0px;;display:inline;">30, 2020. </div>The key valuation assumptions used consist, in part, of the price of the Company&#8217;s common stock of $<ix:nonFraction name="us-gaap:SharePrice" contextRef="PAsOn09_30_2021_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD_per_Share" decimals="3" scale="0" format="ixt:numdotdecimal">3.060</ix:nonFraction> at the issuance date; a risk-free interest rate of <ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" contextRef="P07_01_2021To09_30_2021_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:numdotdecimal">1.72</ix:nonFraction>% and the expected volatility of the Company&#8217;s common stock of <ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" contextRef="P01_01_2020To03_31_2020_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:numdotdecimal">315.83</ix:nonFraction>% (estimated based on the common stock of comparable public entities). As of September 30, 2021, there was <ix:nonFraction name="us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" contextRef="PAsOn09_30_2021_TwoThousandSixteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt-sec:numwordsen">no</ix:nonFraction> unrecognized compensation expense.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="text-decoration:underline;display:inline;">The 2018 Equity Incentive Plan</div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Effective July 1, 2018, the Board of Directors and the stockholders of the Company approved and adopted the Company&#8217;s 2018 Equity Incentive Plan (the &#8220;2018 Plan&#8221;). The 2018 Plan supplements, and does not replace, the existing 2016 Equity Incentive Plan. Awards may be granted under the 2018 Plan through September 30, 2023 to the Company&#8217;s employees, officers, consultants, and non-employee directors. The maximum number of shares of our common stock that may be issued under the 2018 Plan is 3.5 million (<ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="P06_29_2018To07_02_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">3,500,000</ix:nonFraction>) shares, which amount will be (a) reduced by awards granted under the 2018 Plan, and (b) increased to the extent that awards granted under the 2018 Plan are forfeited, expire or are settled for cash (except as otherwise provided in the 2018 Plan). Currently, <ix:nonNumeric name="tblt:EligibleToReceiveCommonStockSharesDescription" contextRef="P06_29_2018To07_02_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis">no employee will be eligible to receive more than <ix:nonFraction name="tblt:NumberOfSharesEmployeeEligibleToReceive" contextRef="PAsOn07_02_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">350,000</ix:nonFraction> shares of common stock (<ix:nonFraction name="tblt:PercentageOfSharesEmployeeEligibleToReceive" contextRef="PAsOn07_02_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">10</ix:nonFraction>% of authorized shares under the 2018 Plan) in any calendar year under the 2018 Plan pursuant to the grant of awards.</ix:nonNumeric> When the Board first adopted the 2018 Plan on July 1, 2018, there were <ix:nonFraction name="us-gaap:CommonStockCapitalSharesReservedForFutureIssuance" contextRef="PAsOn07_02_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">100,000</ix:nonFraction> shares authorized for issuance under the 2018 Plan. On September 12, 2018, the Board of Directors approved to increase the number of shares of common stock reserved for future issuance under the 2018 Plan from <ix:nonFraction name="us-gaap:CommonStockCapitalSharesReservedForFutureIssuance" contextRef="PAsOn09_12_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_MinimumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">100,000</ix:nonFraction> shares to <ix:nonFraction name="us-gaap:CommonStockCapitalSharesReservedForFutureIssuance" contextRef="PAsOn09_12_2018_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">200,000</ix:nonFraction> shares. On June 9, 2019, the Board of Directors approved to increase the authorized shares under the 2018 Plan to 2 million (<ix:nonFraction name="us-gaap:CommonStockCapitalSharesReservedForFutureIssuance" contextRef="PAsOn06_09_2019_BoardofDirectorsMembersrtTitleOfIndividualAxis_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">2,000,000</ix:nonFraction>) shares. On February 14, 2020, the Board of Directors approved to increase the number of shares of common stock reserved for future issuance under the 2018 plan to 3.5 million (3,500,000) shares. On September 14, 2018, <ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" contextRef="P09_11_2018To09_14_2018_EmployeesandOfficersMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">100,000</ix:nonFraction> shares of common stock underlying awards under the 2018 Plan were granted to the employees and officers, <ix:nonFraction name="us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" contextRef="P09_11_2018To09_14_2018_EmployeesandOfficersMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">25</ix:nonFraction>% vesting immediately on the date of grant and <ix:nonFraction name="us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" contextRef="P09_11_2018To09_14_2018_AnniversariesofTheGrantDateMembersrtStatementScenarioAxis_EmployeesandOfficersMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">25</ix:nonFraction>% vesting each year thereafter on the three subsequent anniversaries of the grant date. The Company estimated the fair value of the options using the Black-Scholes option pricing model was $<ix:nonFraction name="tblt:FairValueOfOptions" contextRef="PAsOn09_14_2018_EmployeesandOfficersMembersrtTitleOfIndividualAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,241,417</ix:nonFraction>. The key valuation assumptions used consist, in part, of the price of the Company&#8217;s common stock at $<ix:nonFraction name="us-gaap:SharePrice" contextRef="PAsOn09_30_2021_MinimumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">3.90</ix:nonFraction> or $<ix:nonFraction name="us-gaap:SharePrice" contextRef="PAsOn09_30_2021_MaximumMembersrtRangeAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">4.29</ix:nonFraction> at the issuance date; a risk-free interest rate ranging of <ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" contextRef="P07_01_2021To09_30_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:numdotdecimal">1.9</ix:nonFraction>% and the expected volatility of the Company&#8217;s common stock ranging from of <ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" contextRef="P01_01_2021To03_31_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">40</ix:nonFraction>% (estimated based on the common stock of comparable public entities)</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 4, 2020, the Company granted <ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" contextRef="P04_03_2020To04_04_2020_RestrictedStockUnitsMemberusgaapStatementEquityComponentsAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">90,635</ix:nonFraction> restricted stock units to two officers of the Company. These units have the following vesting term: <ix:nonFraction name="tblt:RestrictedStockUnitsVestingTermPercentage" contextRef="P04_03_2020To04_04_2020_JanuaryOneTwoThousandAndTwentyOneMembersrtStatementScenarioAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">33</ix:nonFraction>% on January 1, 2021, <ix:nonFraction name="tblt:RestrictedStockUnitsVestingTermPercentage" contextRef="P04_03_2020To04_04_2020_JanuaryOneTwoThousandAndTwentyTwoMembersrtStatementScenarioAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">34</ix:nonFraction>% on January 1, 2022 and <ix:nonFraction name="tblt:RestrictedStockUnitsVestingTermPercentage" contextRef="P04_03_2020To04_04_2020_JanuaryOneTwoThousandAndTwentyThreeMembersrtStatementScenarioAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">33</ix:nonFraction>% on January 1, 2023. The fair value of these units as of granted date was $<ix:nonFraction name="us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" contextRef="P04_03_2020To04_04_2020_RestrictedStockUnitsMemberusgaapStatementEquityComponentsAxis_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">144,110</ix:nonFraction> based upon the closing price of the Company&#8217;s stock.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company recorded compensation expense of $<ix:nonFraction name="us-gaap:ShareBasedCompensation" contextRef="P07_01_2021To09_30_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">69,371</ix:nonFraction> and $(<ix:nonFraction name="us-gaap:ShareBasedCompensation" contextRef="P07_01_2020To09_30_2020_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" sign="-" format="ixt:numdotdecimal">36,370</ix:nonFraction>) for the three months ended September 30, 2021 and 2020, respectively. The Company recorded compensation expense of $<ix:nonFraction name="us-gaap:ShareBasedCompensation" contextRef="P01_01_2021To09_30_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">232,447</ix:nonFraction> and $<ix:nonFraction name="us-gaap:ShareBasedCompensation" contextRef="P01_01_2020To09_30_2020_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">231,512</ix:nonFraction> for the nine months ended September 30, 2021 and 2020, respectively As of September 30, 2021, the unrecognized compensation expense was $<ix:nonFraction name="us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" contextRef="PAsOn09_30_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">65,504</ix:nonFraction> which will be recognized as compensation expense over <ix:nonNumeric name="us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" contextRef="P01_01_2021To09_30_2021_TwoThousandEighteenEquityIncentivePlanMemberusgaapPlanNameAxis" format="ixt-sec:duryear">1.27</ix:nonNumeric> years.</div></ix:continuation><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">19</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div><div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><ix:nonNumeric name="us-gaap:RevenueFromContractWithCustomerTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">NOTE 7: REVENUE RECOGNITION AND RESERVE FOR SALES RETURNS AND ALLOWANCES</div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#8217;s contracts with customers only include one performance obligation (i.e., sale of the Company&#8217;s products). Revenue is recognized in the gross amount at a point in time when delivery is completed and control of the promised goods is transferred to the customers. Revenue is measured as the amount of consideration the Company expects to be entitled to in exchange for those goods. The Company&#8217;s contracts do not involve financing elements as payment terms with customers are less than one year. Further, because revenue is recognized at the point in time goods are sold to customers, there are no contract asset or contract liability balances. The Company does not disclose remaining performance obligations related to contracts with durations of one year or less as allowed by the practical expedient applicable to such contracts.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company disaggregates its revenues by major geographic region. See Note 8, Concentrations, Geographic Data, and Sales by Major Customers, for further information.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company accounts for fees paid to Amazon for products sold through its Amazon Stores as operating expense.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company offers various discounts, pricing concessions, and other allowances to customers, all of which are considered in determining the transaction price. Certain discounts and allowances are fixed and determinable at the time of sale and are recorded at the time of sale as a reduction to revenue. Other discounts and allowances can vary and are determined at management&#8217;s discretion (variable consideration). Specifically, the Company occasionally grants discretionary credits to facilitate markdowns and sales of slow-moving merchandise, and consequently accrues an allowance based on historic credits and management estimates. Further, the Company allows sales returns, consequently records a sales return allowance based upon historic return amounts and management estimates. These allowances (variable consideration) are estimated using the expected value method and are recorded at the time of sale as a reduction to revenue. The Company adjusts its estimate of variable consideration at least quarterly or when facts and circumstances used in the estimation process may change. The variable consideration is not constrained as the Company has sufficient history on the related estimates and does not believe there is a risk of significant revenue reversal.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company also participates in cooperative advertising arrangements with some customers, whereby it allows a discount from invoiced product amounts in exchange for customer purchased advertising that features the Company&#8217;s products. Generally, these allowances range from <ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_MinimumMembersrtRangeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">2</ix:nonFraction>% to <ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_MaximumMembersrtRangeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">5</ix:nonFraction>% of gross sales and are generally based upon product purchases or specific advertising campaigns. Such allowances are accrued when the related revenue is recognized. These cooperative advertising arrangements provide a distinct benefit and fair value, and are accounted for as direct selling expenses.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Sales commissions are expensed when incurred as the related revenue is recognized at a point in time and therefore, the amortization period is less than one year. As a result, these costs are recorded as direct selling expenses, as incurred.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has also elected to adopt the practical expedient related to shipping and handling fees which allows the Company to account for shipping and handling activities that occur after control of the related good transfers as fulfillment activities instead of assessing such activities as performance obligations. Therefore, shipping and handling activities are considered part of the Company&#8217;s obligation to transfer the products and therefore are recorded as direct selling expenses, as incurred</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During 2020, the Company incurred costs to obtain a contract. Such costs amounted to $<ix:nonFraction name="tblt:CapitalizedContractsCostsIncurred" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">853,412</ix:nonFraction>. The Company expects to recover those costs through future revenue during the period of the contract. The Company amortized these costs over one year which is the stated term of the contract.</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#8217;s reserve for sales returns and allowances amounted to $<ix:nonFraction name="tblt:RevenueRecognitionReserveForSalesReturnsAndAllowances" contextRef="P01_01_2020To12_31_2020" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="tblt:RevenueRecognitionReserveForSalesReturnsAndAllowances" contextRef="P01_01_2021To09_30_2021" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">13,000</ix:nonFraction></ix:nonFraction> as of September 30, 2021 and December 31, 2020.</div></ix:nonNumeric><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><ix:nonNumeric name="us-gaap:ConcentrationRiskDisclosureTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true" continuedAt="TextSelection_30269577"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">NOTE 8: CONCENTRATIONS</div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Concentration of Purchase Order Financing</div></div></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company used a third-party financing company for the quarters ended September 30, 2021which provided letters of credit to vendors for a fee against the purchase orders received by the Company for sale of products to its customers. The letters of credit were issued to the vendors to manufacture Company&#8217;s products pursuant to the purchase orders received by the Company.</div></ix:nonNumeric><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div><div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center">20</td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div><div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div></div></div>
<div>
<div style="font: 10pt times new roman, times, serif;display: inline;"><ix:continuation id="TextSelection_30269577" continuedAt="TextSelectionAppend_30269577_1"> <ix:nonNumeric name="us-gaap:FairValueConcentrationOfRiskTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Concentration of Customers</div></div></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three and nine months ended September 30, 2021 and 2020, respectively, the Company had the following concentrations of customers:</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</div>


<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">

		<tr style="vertical-align: bottom">
			<td>&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Percentage of</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Percentage of</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td>&#160;</td>
			<td colspan="6" style="text-align: center">&#160;</td>
			<td>&#160;</td>
		</tr>
		<tr style="vertical-align: bottom">
			<td>&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">revenues for the</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">revenues for the</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Percentage of accounts</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td>&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Three Months Ended</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Nine Months Ended</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">receivables as of</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="padding-bottom: 1pt">&#160;</td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">December 31,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="padding-bottom: 1pt; text-align: center">&#160;</td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt; text-align: center;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="width: 22%">Customer 1</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">12</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">14</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">9</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">16</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">8</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerOneMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">16</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td>Customer 2</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">10</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">5</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">9</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">10</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">10</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerTwoMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">8</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td>Customer 3</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">15</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">11</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">16</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">15</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">9</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerThreeMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">6</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td>Customer 4</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">35</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">49</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">36</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">30</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">40</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CustomerConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_CustomerFourMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">39</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>

</table>











<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Concentration of Suppliers</div></div></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three and nine months ended September 30, 2021 and 2020, respectively, the Company had the following concentrations of suppliers:</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">

		<tr style="vertical-align: bottom">
			<td>&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Percentage of</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Percentage of</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td>&#160;</td>
			<td colspan="6" style="text-align: center">&#160;</td>
			<td>&#160;</td>
		</tr>
		<tr style="vertical-align: bottom">
			<td>&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">purchases for the</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">purchases for the</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Percentage of accounts</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td>&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Three Months Ended</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Nine Months Ended</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">payable as of</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="padding-bottom: 1pt">&#160;</td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">December 31,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="padding-bottom: 1pt">&#160;</td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="width: 22%">Supplier 1</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">29</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">30</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">33</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">26</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">24</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierOneMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">16</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td>Supplier 2</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">28</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">13</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">21</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">19</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">22</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierTwoMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">14</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td>Supplier 3</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">11</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">13</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">11</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">13</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">9</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierThreeMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">6</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td>Supplier 4</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">12</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">17</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFourMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">18</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td>Supplier 5</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">10</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">5</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">8</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierFiveMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">2</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: White">
			<td>Supplier 6</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">4</ix:nonFraction></td>
			<td style="text-align: left"><div style="letter-spacing: 0px; top: 0px;;display:inline;">%</div></td>
			<td>&#160;</td>
			<td style="text-align: left"></td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">14</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_PurchaseMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">3</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsPayableMemberusgaapConcentrationRiskByBenchmarkAxis_SupplierConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SupplierSixMembersrtMajorCustomersAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>

</table>








</ix:nonNumeric>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Concentration of Credit Risk</div></div></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company maintains its cash in bank and financial institution deposits that at times may exceed federally insured limits. The Company has not experienced any losses in such accounts through September 30, 2021 and 2020. The Company&#8217;s bank balances exceeded FDIC insured amounts at times during the nine months ended September 30, 2021 and 2020. The Company&#8217;s bank balance exceeded the FDIC insured amounts as of September 30, 2021 by approximately $<ix:nonFraction name="us-gaap:CashFDICInsuredAmount" contextRef="PAsOn09_30_2021" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:numdotdecimal">31</ix:nonFraction> million.</div>
</ix:continuation>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">21</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>






</div>


<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</div>
<ix:continuation id="TextSelectionAppend_30269577_1"> <ix:nonNumeric name="us-gaap:ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Geographic Concentration</div></div></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three and nine months ended September 30, 2021 and 2020, respectively, the Company had the following geographic concentrations:</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">

		<tr style="vertical-align: bottom">
			<td style="text-align: right">&#160;</td>
			<td>&#160;</td>
			<td colspan="6" style="text-align: center">
			<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><div style="font-weight:bold;display:inline;">Percentage of</div></div>

			<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><div style="font-weight:bold;display:inline;">revenues for the</div></div>
			</td>
			<td>&#160;</td>
			<td>&#160;</td>
			<td colspan="6" style="text-align: center">
			<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><div style="font-weight:bold;display:inline;">Percentage of</div><br/>
			<div style="font-weight:bold;display:inline;">revenues for the</div></div>
			</td>
			<td>&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Percentage of accounts</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="text-align: right">&#160;</td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Three Months Ended</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">Nine Months Ended</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="text-align: center;"><div style="font-weight:bold;display:inline;">receivables as of</div></td>
			<td><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="padding-bottom: 1pt; text-align: right">&#160;</td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="6" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">September 30,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">December 31,</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom">
			<td style="padding-bottom: 1pt; text-align: right">&#160;</td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="border-bottom: 1pt solid black; text-align: center;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td style="width: 22%">Australia</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">2</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">2</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">3</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">0</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
			<td style="width: 1%">&#160;</td>
			<td style="width: 1%; text-align: left">&#160;</td>
			<td style="width: 10%; text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_AUsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">2</ix:nonFraction></td>
			<td style="width: 1%; text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgba(255, 255, 255, 0); height: 0pt;">
			<td style="height: 0pt; text-align: left; background: none;">Canada</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">3</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">4</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">4</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">5</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">6</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_CAsrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">5</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td>Europe</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">5</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">4</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">9</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">3</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">4</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_EuropeMembersrtStatementGeographicalAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">3</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgba(255, 255, 255, 0); height: 0pt;">
			<td style="text-align: left; height: 0pt; background: none;">United States of America</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">80</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">85</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">78</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">80</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">78</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
			<td style="height: 0pt; text-align: left; background: none;">&#160;</td>
			<td style="text-align: left; height: 0pt; background: none;">&#160;</td>
			<td style="text-align: right; height: 0pt; background: none;"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_NorthAmericaMembersrtStatementGeographicalAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">82</ix:nonFraction></td>
			<td style="text-align: left; height: 0pt; background: none;">%</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
			<td>Other</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2021To09_30_2021_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">12</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P07_01_2020To09_30_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">5</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">7</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To09_30_2020_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis_SalesRevenueNetMemberusgaapConcentrationRiskByBenchmarkAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">9</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2021To09_30_2021_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">12</ix:nonFraction></td>
			<td style="text-align: left">%</td>
			<td>&#160;</td>
			<td style="text-align: left">&#160;</td>
			<td style="text-align: right"><ix:nonFraction name="us-gaap:ConcentrationRiskPercentage1" contextRef="P01_01_2020To12_31_2020_AccountsReceivableMemberusgaapConcentrationRiskByBenchmarkAxis_GeographicConcentrationRiskMemberusgaapConcentrationRiskByTypeAxis_OtherMembersrtStatementGeographicalAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">8</ix:nonFraction></td>
			<td style="text-align: left">%</td>
		</tr>

</table>








</ix:nonNumeric></ix:continuation> <ix:nonNumeric name="us-gaap:DebtDisclosureTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true" continuedAt="TextSelection_30269578"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">NOTE 9: SENIOR SECURED CONVERTIBLE NOTES</div></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On August 19, 2019, the Company entered int<div style="display:inline;">o</div>&#160;a Securities Purchase Agreement with an institutional investor pursuant to which it sold $<ix:nonFraction name="us-gaap:ProceedsFromNotesPayable" contextRef="P08_19_2019To08_19_2019_InstitutionalInvestorMembersrtTitleOfIndividualAxis_SecuritiesPurchaseAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="-5" scale="6" format="ixt:numdotdecimal">11.5</ix:nonFraction> million aggregate principal amount of promissory notes (at an aggregate original issue discount of <ix:nonFraction name="us-gaap:DebtInstrumentInterestRateEffectivePercentage" contextRef="PAsOn08_19_2019_InstitutionalInvestorMembersrtTitleOfIndividualAxis_SecuritiesPurchaseAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">15</ix:nonFraction>%) to the investor in a transaction exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended. The first note (the &#8220;Series A Note&#8221;) has a face amount of $<ix:nonFraction name="us-gaap:DebtInstrumentFaceAmount" contextRef="PAsOn08_19_2019_InvestorMembersrtTitleOfIndividualAxis_SeriesANoteMemberusgaapDebtInstrumentAxis" unitRef="Unit_USD" decimals="-4" scale="6" format="ixt:numdotdecimal">6.72</ix:nonFraction> million for which the investor paid $<ix:nonFraction name="us-gaap:RepaymentsOfNotesPayable" contextRef="P08_19_2019To08_19_2019_InvestorMembersrtTitleOfIndividualAxis_SeriesANoteMemberusgaapDebtInstrumentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:numdotdecimal">5</ix:nonFraction> million in cash. The second note (the &#8220;Series B Note&#8221; and with the Series A Note, collectively referred to as the &#8220;Notes&#8221;) has a principal amount of $<ix:nonFraction name="us-gaap:DebtInstrumentFaceAmount" contextRef="PAsOn08_19_2019_InvestorMembersrtTitleOfIndividualAxis_NotesMemberusgaapDebtInstrumentAxis" unitRef="Unit_USD" decimals="-4" scale="6" format="ixt:numdotdecimal">4.78</ix:nonFraction> million for which the investor paid $<ix:nonFraction name="us-gaap:RepaymentsOfNotesPayable" contextRef="P08_19_2019To08_19_2019_InvestorMembersrtTitleOfIndividualAxis_NotesMemberusgaapDebtInstrumentAxis" unitRef="Unit_USD" decimals="-4" scale="6" format="ixt:numdotdecimal">4.78</ix:nonFraction> million in the form of a full recourse promissory note issued by the investor to the Company (the &#8220;Investor Note&#8221;) secured by $4.78 million in cash or cash equivalents of the investor (i.e., an original issue discount of approximately <ix:nonFraction name="us-gaap:DebtInstrumentInterestRateEffectivePercentage" contextRef="PAsOn08_19_2019_InvestorMembersrtTitleOfIndividualAxis_NotesMemberusgaapDebtInstrumentAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">15</ix:nonFraction>% to the face amount of the Series B Note). No portion of the Series B Note may be converted into shares of our common stock (the &#8220;Common Stock&#8221;) until the corresponding portion of the Investor Note has been prepaid to the Company in cash, at which point in time such portion of the Series B Note shall be deemed &#8220;unrestricted&#8221;. <ix:nonNumeric name="tblt:DescriptionForMarketCapitalization" contextRef="P08_19_2019To08_19_2019_InstitutionalInvestorMembersrtTitleOfIndividualAxis_SecuritiesPurchaseAgreementMemberusgaapTypeOfArrangementAxis">The Investor Note is subject to optional prepayment at any time at the option of the investor and mandatory prepayment, at the Company&#8217;s option, subject to certain equity conditions, at any time 45 Trading Days after the effectiveness of a resale registration statement (or otherwise the applicability of Rule 144 promulgated under the Securities Act of 1933, as amended). Notwithstanding the foregoing, the Company may not effect a mandatory prepayment if the shares underlying the Series A Note and the portion of the Series B Note that has become unrestricted exceeds 35% of the market capitalization of the Company.</ix:nonNumeric></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During 2020, the Company received $<ix:nonFraction name="us-gaap:RepaymentsOfConvertibleDebt" contextRef="P01_01_2020To12_31_2020_InvestorMembersrtTitleOfIndividualAxis_NotesMemberusgaapDebtInstrumentAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,000,000</ix:nonFraction> in connection with the Investor Note.</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Notes are senior secured obligations of the Company secured by a lien on all assets of the Company, bear no interest (unless an event default has occurred and is continuing) and mature on <ix:nonNumeric name="us-gaap:DebtInstrumentMaturityDate" contextRef="P08_19_2019To08_19_2019" format="ixt:datemonthdayyearen">December 31, 2020</ix:nonNumeric>. The Notes will be convertible at $1.00 into a fixed number of shares (the &#8220;Conversion Shares&#8221;). The Notes are convertible at the Holder&#8217;s option, in whole or in part, at any time after closing. The Conversion Price will be subject to adjustment for stock dividends, stock splits, anti-dilution and other customary adjustment events.</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><ix:nonNumeric name="us-gaap:DebtInstrumentFrequencyOfPeriodicPayment" contextRef="P08_19_2019To08_19_2019">The Company shall repay the Principal Amount of the Notes in 12 installments, with the first installment starting on February 1, 2020 (each, an &#8220;Installment Date&#8221;). Installments 1-3 shall be 1/36th of the Principal Amount, Installments 4-6 shall be 1/18th of the Principal Amount and Installments 7-12 shall be 1/8th of the Principal Amount. The repayment amount shall be payable in cash, or, subject to the satisfaction of equity conditions, at the option of the Company, in registered Common Stock or a combination of cash and registered Common Stock.</ix:nonNumeric> However, if the 30-day volume weighted average price of the Common Stock (the &#8220;VWAP&#8221;) of the Company falls below <ix:nonFraction name="tblt:DebtMarketPriceRate" contextRef="P08_19_2019To08_19_2019" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">50</ix:nonFraction>% of the market price of a share of the Company&#8217;s common stock or the Company fails to satisfy certain other equity conditions, the repayment amount is payable in shares of Common Stock only unless the Investor(s) waive any applicable equity condition. If the Company elects to satisfy all or any portion of an installment in shares of Common Stock, the Company will pre-deliver such shares of Common Stock to the investor on the 23rd trading day prior to the applicable Installment Date, with a true-up of shares (if necessary) on the Installment Date. Any excess shares of Common Stock shall be applied to subsequent installments.</div></ix:nonNumeric>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</div>


<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">22</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>






</div>


<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">&#160;</div></div></div>
</div>
</div>

<div>
<div style="font: 10pt times new roman, times, serif;display: inline;"><ix:continuation id="TextSelection_30269578"> <ix:nonNumeric name="us-gaap:DebtInstrumentConvertibleTermsOfConversionFeature" contextRef="P08_19_2019To08_19_2019"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The shares used to meet a Principal Repayment (&#8220;Installment Shares&#8221;) would be valued at a conversion price calculated as the lesser of (i) <ix:nonFraction name="us-gaap:DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger" contextRef="P08_19_2019To08_19_2019" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">85</ix:nonFraction>% of the arithmetic average of the three lowest daily VWAPs of the <ix:nonFraction name="us-gaap:DebtInstrumentConvertibleThresholdTradingDays" contextRef="P08_19_2019To08_19_2019" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:numdotdecimal">20</ix:nonFraction> trading days prior to the payment date or (ii) 85% of the VWAP of the trading day prior to payment date (&#8220;Installment Price&#8221;) with a floor of $0.10.</div></ix:nonNumeric>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>
 <ix:nonNumeric name="us-gaap:DebtInstrumentFrequencyOfPeriodicPayment" contextRef="P08_19_2019To08_19_2019_InvestorMembersrtTitleOfIndividualAxis"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All amortization payments shall be subject to the Investors&#8217; right to (a) defer some or all of any Installment Payment to a subsequent Installment Date; and (b) at any time during an installment period, convert up to four times the installment amount at the Installment Price; provided shares received pursuant to such accelerated conversions shall be subject to a leak-out provision that solely limits sales of such shares received by the investor in such accelerated conversion (and not any other sales) to the greater of (a) $<ix:nonFraction name="us-gaap:DebtInstrumentConvertibleNumberOfEquityInstruments" contextRef="P08_19_2019To08_19_2019" unitRef="Unit_Integer" decimals="INF" scale="0" format="ixt:numdotdecimal">500,000</ix:nonFraction> per trading day or (b) <ix:nonFraction name="tblt:DebtMarketPriceRate" contextRef="P08_19_2019To08_19_2019_InvestorMembersrtTitleOfIndividualAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">40</ix:nonFraction>% of the volume traded on a given day as reported by Bloomberg LP.</div></ix:nonNumeric>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Upon completion of a Change of Control, the Holders may require the Company to purchase any outstanding Notes in cash at 125% of par plus accrued but unpaid interest. The Company shall have the right to redeem any and all amounts of the outstanding Note at <ix:nonFraction name="tblt:PercentageToPurchaseOutstandingNotesInCash" contextRef="P08_19_2019To08_19_2019" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">125</ix:nonFraction>% of the greater of (a) Principal Amount plus accrued but unpaid interest (if any), or (b) Conversion Value plus accrued but unpaid interest (if any) provided the Company has satisfied certain equity conditions. The Company must give the Investor(s) ninety (90) business days&#8217; prior notice of any such redemption.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Prior to all outstanding amounts under the Note being repaid in full, the Company will not create any new encumbrances on any of its or its subsidiaries&#8217; assets without the prior written consent of the Lender, with a carve out for a working capital facility of which the details are to be determined. The Notes shall also be subject to standard events of default and remedies therefor.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company filed a registration statement (&#8220;Effectiveness Date&#8221;) on Form S-1 (file No: 333-233655) covering the resale of the shares underlying the Series A Note, the Series B Note and Warrants which was declared effective by the SEC on October 15, 2019.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with the granting of the Notes, the Company shall issue detachable warrants to the Investor, exercisable in whole or in part at any time during the five years from the date of issuance, in amount equal to <ix:nonFraction name="tblt:WarrantsConversionPricePercentage" contextRef="PAsOn08_19_2019" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:numdotdecimal">50</ix:nonFraction>% of the conversion shares underlying the Notes and have an exercise price of $<ix:nonFraction name="us-gaap:DebtInstrumentConvertibleConversionPrice1" contextRef="PAsOn08_19_2019" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">1.00</ix:nonFraction> per share. To the extent the Company has a change of control or a spinoff, the warrants provide for a put for the warrants to the Company at their Black- Scholes Valuation. The value of the warrants amounted to $<ix:nonFraction name="us-gaap:FairValueAdjustmentOfWarrants" contextRef="P08_19_2019To08_19_2019" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">575,000</ix:nonFraction> and was recoded as debt discount in the accompanying balance sheet.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><ix:nonNumeric name="us-gaap:DebtInstrumentDescription" contextRef="P08_19_2019To08_19_2019">Until the 3 year anniversary of the maturity date, the investor shall have the right (but not the obligation) to participate in 50% of any subsequent equity or debt issuance.</ix:nonNumeric> Consummation of the transaction has been subject to certain conditions precedent, including the Company agrees to procure an approval of this transaction at its annual shareholder meeting scheduled no later than 180 days after the Closing Date and agrees to procure voting agreements from principal shareholders prior to closing of the Company.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December 23, 2019, the Company entered into an exchange agreement with an institutional investor pursuant to which the investor is exchanging $<ix:nonFraction name="us-gaap:DebtInstrumentFaceAmount" contextRef="PAsOn12_23_2019_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="-5" scale="6" format="ixt:numdotdecimal">5.5</ix:nonFraction> million principal amount of its August 19, 2019 Series A Senior Secured Note for <ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn12_21_2019_BoardofDirectorsMembersrtTitleOfIndividualAxis_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:PreferredStockSharesAuthorized" contextRef="PAsOn09_30_2021_SeriesDPreferredStockMemberusgaapStatementClassOfStockAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">5,775</ix:nonFraction></ix:nonFraction> shares of its Series D Preferred Stock, which was authorized by the Company&#8217;s Board of Directors on December 21, 2019.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During the year ended December 31, 2020, the Company received $<ix:nonFraction name="us-gaap:RepaymentsOfConvertibleDebt" contextRef="P01_01_2020To12_31_2020_InvestorMembersrtTitleOfIndividualAxis_NotesMemberusgaapDebtInstrumentAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,000,000</ix:nonFraction> in connection with the Investor Note. Also, during the year ended December 31, 2020, $<ix:nonFraction name="us-gaap:DebtConversionConvertedInstrumentAmount1" contextRef="P01_01_2020To12_31_2020_CommonStockMemberusgaapStatementEquityComponentsAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">3,200,000</ix:nonFraction> principal amount of Notes was converted into common stock.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On November 20, 2020, the Company and the investor entered into an exchange agreement (the &#8220;Exchange Agreement&#8221;) whereas the investor exchanged the balance of $<ix:nonFraction name="us-gaap:DebtConversionConvertedInstrumentAmount1" contextRef="P11_20_2020To11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">2,131,050</ix:nonFraction> of outstanding Notes for the following: an aggregate cash payment of $<ix:nonFraction name="us-gaap:RepaymentsOfDebt" contextRef="P11_20_2020To11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">744,972</ix:nonFraction>, an aggregate of <ix:nonFraction name="us-gaap:DebtConversionConvertedInstrumentSharesIssued1" contextRef="P11_20_2020To11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">1,850,000</ix:nonFraction> shares of the Company&#8217;s common stock, a warrant to purchase up to an aggregate of <ix:nonFraction name="us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight" contextRef="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight" contextRef="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:numdotdecimal">575,000</ix:nonFraction></ix:nonFraction> shares of the Company&#8217;s common stock for $<ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal"><ix:nonFraction name="us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" contextRef="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:numdotdecimal">1.00</ix:nonFraction></ix:nonFraction> per share, and nine shares of Series E Non-Convertible Preferred Stock of the Company. The Series E Preferred Stock was issued in March 2021. In addition, the Company relinquished their note receivable of $<ix:nonFraction name="us-gaap:NotesReceivableGross" contextRef="PAsOn11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,480,000</ix:nonFraction> owed from the investor. As a result of this transaction, the Company recorded a loss of $<ix:nonFraction name="us-gaap:GainsLossesOnExtinguishmentOfDebt" contextRef="P11_20_2020To11_20_2020_ExchangeAgreementMemberusgaapTypeOfArrangementAxis_InvestorMembersrtTitleOfIndividualAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">1,810,712</ix:nonFraction>.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During April 2020, the Company entered into a promissory note with an approved lender in the principal amount of $<ix:nonFraction name="us-gaap:DebtInstrumentFaceAmount" contextRef="PAsOn04_30_2020_PaycheckProtectionProgramMemberusgaapTypeOfArrangementAxis" unitRef="Unit_USD" decimals="0" scale="0" format="ixt:numdotdecimal">399,300</ix:nonFraction>. <div style="text-indent: 0px; letter-spacing: 0px; top: 0px;;display:inline;">The note was approved under the provisions of the Coronavirus, Aid, Relief and Economic Security Act (the &#8220;CARES Act&#8221;) and the terms of the Paycheck Protection Program of the U.S. Small Business Administration&#8217;s 7(a) Loan Program (&#8220;PPP Loan&#8221;). The Company repaid the PPP Loan in full during June 2020.</div></div>
</ix:continuation>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>
 <ix:nonNumeric name="us-gaap:SubsequentEventsTextBlock" contextRef="P01_01_2021To09_30_2021" escape="true"><div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">NOTE 10: SUBSEQUENT EVENTS</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: 'Times New Roman', serif; font-size: 10pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;"><div style="text-indent: 0px; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-indent: 0px;;display:inline;">Management has evaluated subsequent events through the date which the condensed consolidated financial statements were issued noting that there were no items that would impact the accounting for events or transactions in the current period or require additional disclosures.</div></div></div></div></div></ix:nonNumeric>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">23</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>












</div>


<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><div style="font-weight:bold;display:inline;">&#160;</div></div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;"><a href="#" id="a_007"></a>ITEM 2. MANAGEMENT&#8217;S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</div>.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-style:italic;display:inline;">The following discussion and analysis is intended to help investors understand our business, financial condition, results of operations, liquidity, and capital resources. You should read this discussion together with our consolidated financial statements and related notes thereto included elsewhere in this Form 10-Q and in conjunction with the Company&#8217;s Form 10-K for the year ended December 31, 2020. All common share and per common share numbers have been retroactively adjusted to reflect the 1-for-10 reverse stock split effected on April 15, 2020.</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">FORWARD LOOKING STATEMENTS</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This Quarterly Report on Form 10-Q contains &#8220;forward-looking statements,&#8221; which include information relating to future events, future financial performance, financial projections, strategies, expectations, competitive environment and regulation. Words such as &#8220;may,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; &#8220;would,&#8221; &#8220;predicts,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;future,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; and similar expressions, as well as statements in future tense, identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. Forward-looking statements are based on information we have when those statements are made or management&#8217;s good faith belief as of that time with respect to future events and are subject to significant risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to:</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

		<tr style="vertical-align: top">
			<td style="width: 48px">&#160;</td>
			<td style="width: 48px"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">the impact of the worldwide COVID-19 pandemic and government actions, on our business;</div></td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td>&#160;</td>
			<td style="text-align: justify">&#160;</td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">supply chain disruptions; </div></td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td>&#160;</td>
			<td style="text-align: justify">&#160;</td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">our limited operating history;</div></td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td>&#160;</td>
			<td style="text-align: justify">&#160;</td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">our ability to manufacture, market and sell our products;</div></td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td>&#160;</td>
			<td style="text-align: justify">&#160;</td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">our ability to maintain or protect the validity of our U.S. and other patents and other intellectual property;</div></td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td>&#160;</td>
			<td style="text-align: justify">&#160;</td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">our ability to launch and penetrate markets;</div></td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td>&#160;</td>
			<td style="text-align: justify">&#160;</td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">our ability to retain key executive members;</div></td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td>&#160;</td>
			<td style="text-align: justify">&#160;</td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">our ability to internally develop new inventions and intellectual property;</div></td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td>&#160;</td>
			<td style="text-align: justify">&#160;</td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">interpretations of current laws and the passages of future laws; and</div></td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td>&#160;</td>
			<td style="text-align: justify">&#160;</td>
		</tr>
		<tr style="vertical-align: top">
			<td>&#160;</td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">acceptance of our business model by investors.</div></td>
		</tr>

</table>




















<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>


<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">24</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>












</div>


<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div>
</div>
</div>

<div>
<div style="font: 10pt times new roman, times, serif;display: inline;">
<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The foregoing does not represent an exhaustive list of matters that may be covered by the forward-looking statements contained herein or risk factors that we are faced with that may cause our actual results to differ from those anticipate in our forward-looking statements.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Moreover, new risks regularly emerge and it is not possible for our management to predict or articulate all risks we face, nor can we assess the impact of all risks on our business or the extent to which any risk, or combination of risks, may cause actual results to differ from those contained in any forward-looking statements. All forward-looking statements included in this Quarterly Report on Form 10-Q are based on information available to us on the date of this Quarterly Report on Form 10-Q. Except to the extent required by applicable laws or rules, we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements contained above and throughout this Quarterly Report on Form 10-Q.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Company History</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our Company was incorporated on April 9, 2012 as Phalanx, Inc., in the state of Nevada and changed its name to ToughBuilt Industries, Inc. on December 29, 2015.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">Business Overview</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We were formed to design, manufacture, and distribute innovative tools and accessories to the building industry. We market and distribute various home improvement and construction product lines for both do-it-yourself (&#8220;DIY&#8221;) and professional markets under the TOUGHBUILT&#174; brand name, within the global multibillion dollar per year tool market. All of our products are designed by our in-house design team. Since our initial launch of product sales seven years ago, we have experienced annual sales growth from approximately $1,000,000 in 2013 to $20,000,000 in 2019 (or $19,090,071 net of allowances).</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Since August 2013, pursuant to a Service Agreement, we have been collaborating with Belegal, a Chinese firm, whose team of experts has provided ToughBuilt with additional engineering, sourcing services, and quality control support for our operations in China. Belegal assists us with supply-chain management (process and operations in China) for our operations in China, among other things, facilitating the transmission of our purchase orders to our suppliers in China, conducting &#8220;in-process&#8221; quality checking and inspection, and shipping end-products manufactured in China to their final destinations. In accordance with the agreement, we pay all of the monthly costs for payroll, overhead and other operation expenses associated with the Belegal&#8217;s activities on behalf of ToughBuilt.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our business is currently based on development of innovative and state of the art products, primarily in tools and hardware category, with particular focus on building and construction industry with the ultimate goal of making life easier and more productive for contractors and workers alike. Our current product line includes two major categories related to this field, with several additional categories in various stages of development, consisting of Soft Goods and Kneepads and Sawhorses and Work Products.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ToughBuilt designs and manages its product life cycles through a controlled and structured process. We involve customers and industry experts from our target markets in the definition and refinement of our product development. Product development emphasis is placed on meeting and exceeding industry standards and product specifications, ease of integration, ease of use, cost reduction, design-for manufacturability, quality, and reliability.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our mission consists, of providing products to the building and home improvement communities that are innovative, of superior quality derived in part from enlightened creativity for our end users while enhancing performance, improving well-being and building high brand loyalty.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; background-color: white;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">During 2020, we expanded its product line with Lowes. Lowe.ca will now carry a wide array of ToughBuilt products, including but not limited to Cliptech tool belts, bags and totes, knee pads, sawhorses, and Miter Saw Stands. Lowe&#8217;s Canadian customers will now have the option to purchase ToughBuilt products while they shop online at www.lowes.ca..</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; background-color: white;">&#160;</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">25</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>










</div>

<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"></div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="font-weight:bold;display:inline;">JOBS Act</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 15pt;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 5, 2012, the Jumpstart Our Business Startups Act of 2012, or the JOBS Act, was enacted. Section 107 of the JOBS Act provides that an &#8220;emerging growth company&#8221; can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act of 1933, as amended, or the Securities Act, for complying with new or revised accounting standards. In other words, an &#8220;emerging growth company&#8221; can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify;">&#160;</div>

<div style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We are in the process of evaluating the benefits of relying on other exemptions and reduced reporting requirements provided by the JOBS Act. Subject to certain conditions set forth in the JOBS Act, as an &#8220;emerging growth company,&#8221; we intend to rely on certain of these exemptions from, without limitation, (i) providing an auditor&#8217;s attestation report on our system of internal controls over financial reporting pursuant to Section 404(b) of the Sarbanes-Oxley Act and (ii) complying with any requirement that may be adopted by the Public Company Accounting Oversight Board (PCAOB) regarding mandatory audit firm rotation or a supplement to the auditor&#8217;s report providing additional information about the audit and the financial statements, known as the auditor discussion and analysis. We will remain an &#8220;emerging growth company&#8221; until the earliest of (a) the last day of our fiscal year following the fifth anniversary of the IPO, (b) the last day of the first fiscal year in which our annual gross revenues exceed $1.07 billion, (c) the last day of our fiscal year in which we are deemed to be a &#8220;large accelerated filer&#8221; as defined in Rule 12b-2 under the Securities Exchange Act of 1934, or Exchange Act (which would occur if the market value of our equity securities that is held by non-affiliates exceeds $700 million as of the last business day of our most recently completed second fiscal quarter), or (d) the date on which we have issued more than $1 billion in nonconvertible debt during the preceding three-year period.</div>
</div>

<div style="font: 10pt times new roman, times, serif;display: inline;">
<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;">Competition</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">The tool equipment and accessories industry is highly competitive on a worldwide basis. We compete with a significant number of other tool equipment and accessories manufacturers and suppliers to the construction, home improvement and Do-It-Yourself industry, many of which have the following:</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; text-indent: 0px;">

		<tr>
			<td style="width: 24px; text-align: justify">&#160;</td>
			<td style="width: 24px; text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Significantly greater financial resources than we have;</div></td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify">&#160;</td>
			<td>&#160;</td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">More comprehensive product lines;</div></td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify">&#160;</td>
			<td>&#160;</td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Longer-standing relationships with suppliers, manufacturers, and retailers;</div></td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify">&#160;</td>
			<td>&#160;</td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Broader distribution capabilities;</div></td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify">&#160;</td>
			<td>&#160;</td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Stronger brand recognition and loyalty; and</div></td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify">&#160;</td>
			<td>&#160;</td>
		</tr>
		<tr>
			<td style="text-align: justify">&#160;</td>
			<td style="text-align: justify"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The ability to invest substantially more in product advertising and sales.</div></td>
		</tr>

</table>











<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">Our competitors&#8217; greater capabilities in the above areas enable them to better differentiate their products from ours, gain stronger brand loyalty, withstand periodic downturns in the construction and home improvement equipment and product industries, compete effectively on the basis of price and production, and more quickly develop new products. These competitors include DeWalt, Caterpillar, and Samsung Active.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">The markets for our mobile products and services are also highly competitive and we are confronted by aggressive competition in all areas of its business. These markets are characterized by frequent product introductions and rapid technological advances that have substantially increased the capabilities and use of mobile communication and media devices, personal computers and other digital electronic devices. Our competitors who sell mobile devices and personal computers based on other operating systems have aggressively cut prices and lowered their product margins to gain or maintain market share. Our financial condition and operating results can be adversely affected by these and other industry-wide downward pressures on gross margins. Principal competitive factors important to us include price, product features, relative price/performance, product quality and reliability, design innovation, a strong third-party software and peripherals ecosystem, marketing and distribution capability, service and support, and corporate reputation.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">26</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>










</div>

<div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">We are focused on expanding its market opportunities related to mobile communication and media devices. These industries are highly competitive and include several large, well-funded and experienced participants. We expect competition in these industries to intensify significantly as competitors attempt to imitate some of the features of the Company&#8217;s products and applications within their own products or, alternatively, collaborate with each other to offer solutions that are more competitive than those they currently offer. These industries are characterized by aggressive pricing practices, frequent product introductions, evolving design approaches and technologies, rapid adoption of technological and product advancements by competitors, and price sensitivity on the part of consumers and businesses. Competitors include Apple, Samsung, and Qualcomm, among others.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">Risk and Uncertainty Concerning COVID-19</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (COVID-19) as a pandemic which continues to spread throughout the United States and the World. We are currently monitoring the outbreak of COVID-19 and the related business and travel restrictions and changes to behavior intended to reduce its spread. All of our Chinese facilities were temporarily closed for a period of time. All of these facilities have been reopened. Depending on the progression of the outbreak, our ability to obtain necessary supplies and ship finished products to customers may be partly or completely disrupted globally. To date we have been able to obtain supplied and products needed. Also, our ability to maintain appropriate labor levels could be disrupted. If the coronavirus continues to progress, it could have a material negative impact on our results of operations and cash flow, in addition to the impact on its employees. We have concluded that while it is reasonably possible that the virus could have a negative impact on the results of operations, the specific impact is not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Results of Operations</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">The three months ended September 30, 2021 compared to the three months ended September 30, 2020.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Revenues</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">Revenues for the three months ended September 30, 2021 and 2020 were $17,215,938 and $16,663,389, respectively, consisted of metal goods and soft goods sold to customers. Revenues increased in 2021 over 2020 by $552,549, or 3.32%, primarily due to wide acceptance of our products in the tools industry and receipt of recurring sales orders for metal goods and soft goods from our existing and new customers, and introduction and sale of new soft goods products to our customers.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Cost of Goods Sold</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">Cost of goods sold for the three months ended September 30, 2021 and 2020 was $11,771,315 and $9,834,009, respectively. Cost of goods sold increased in 2021 over 2020 by $1,937,306 or 19.70%, primarily due to our increased sales as well as increases in materials cost of steel and plastics polyester to manufacture metal goods and soft goods and increase in labor cost in China. Cost of goods sold as a percentage of revenues in 2021 was 68.37% as compared to cost of goods sold as a percentage of revenues in 2020 of 59.02%.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Operating Expenses</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, serif; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Operating expenses consist of selling, general and administrative expenses and research and development costs. Selling, general and administrative expenses (the &#8220;SG&amp;A Expenses&#8221;) for the three months ended September 30, 2021 and 2020 were $15,242,780 and $5,703,676, respectively. SG&amp;A Expenses increased in 2021 over 2020 by $9,539,104 or 167.24%, primarily due to an increase in shipping costs, marketing and advertising expenses for product launches and the hiring of additional employees. SG&amp;A Expense for the quarter ended September 30, 2021 as a percentage of revenues was 88.54% compared to 34.23% for the quarter ended September 30, 2020. We expect our SG&amp;A Expenses will start to increase at a lower rate as our business matures, and we develop economies of scale.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">Research and development costs (&#8220;R&amp;D&#8221;) for the three months ended September 30, 2021 and 2020 were $1,610,671 and $789,890, respectively. R&amp;D costs increased by $820,781, or 103.91%. This increase was primarily due to the Company developing new tools for the construction industry.</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Other Expense</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Other expense for the three months ended September 30, 2021 consisted of warrant issuance costs in the amount of $588,221 and change in fair value of warrant liabilities in the amount of $2,902,342. Other expense for the three months ended September 30, 2020, consisted of interest expense in the amount of $214,979.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">27</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>










</div>

<div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-indent: 0px;">&#160;</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Net Income (Loss)</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>
<div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;"></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Due to factors set forth above, we recorded a net loss of $9,094,707 for the three months ended September 30, 2021 as compared to a net income of $120,835 for the three months ended September 30, 2020.</div></div>
<div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">The nine months ended September 30, 2021 compared to the nine months ended September 30, 2020.</div></div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Revenues</div></div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">Revenues for the nine months ended September 30, 2021 and 2020 were $45,351,558 and $27,412,547, respectively, consisted of metal goods and soft goods sold to customers. Revenues increased in 2021 over 2020 by $17,939,011, or 65.44%, primarily due to additional Amazon sales and European sales that we did not have during the nine months ended September 30, 2020.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Cost of Goods Sold</div></div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">Cost of goods sold for the nine months ended September 30, 2021 and 2020 was $31,479,176 and $16,537,654, respectively. Cost of goods sold increased in 2021 over 2020 by $14,941,522 or 90.35%, primarily due to our increased sales as well as increases in materials cost of steel and plastics polyester to manufacture metal goods and soft goods and increase in labor cost in China. Cost of goods sold as a percentage of revenues in 2021 was 69.41% as compared to cost of goods sold as a percentage of revenues in 2020 of 60.33%&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Operating Expenses</div></div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>
<div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;"></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, serif; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Operating expenses consist of selling, general and administrative expenses and research and development costs. Selling, general and administrative expenses (the &#8220;SG&amp;A Expenses&#8221;) for the nine months ended September 30, 2021 and 2020 were $33,904,958 and $14,727,242, respectively. SG&amp;A Expenses increased in 2021 over 2020 by $19,177,716 or 130.22%, primarily due to an increase in shipping costs, marketing and advertising expenses for product launches and the hiring of additional employees. SG SG&amp;A expense for the nine months ended September 30, 2021 as a percentage of revenues was 74.76%, as compared to 53.72% for the nine months ended September 3, 2020. We expect our SG&amp;A expense will start to increase at a lower rate as our business matures, and we develop economies of scale.</div></div>
<div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">Research and development costs (the &#8220;R&amp;D&#8221;) for the nine months ended September 30, 2021 and 2020 were $4,588,781 and $1,496,129, respectively. R&amp;D costs decreased in 2021 over 2020 by $3,092,652 or 206.71%. We have incurred additional R&amp;D costs during 2021 primarily due to the Company developing new tools for the construction industry.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Other Expense</div></div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Other expense for the nine months ended September 30, 2021 consisted of warrant issuance costs in the amount of $588,221, change in fair value of warrant liabilities in the amount of $2,902,342 and interest expense in the amount of $263,555. Other expense for the nine months ended September 30, 2020, consisted of interest expense in the amount of $804,504.</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Net Loss</div></div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>
<div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;"></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Due to factors set forth above, we recorded net loss of $22,570,791 for the nine months ended September 30, 2021 as compared to a net loss of $6,152,982 for the nine months ended September 30, 2020.</div></div>
<div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, serif; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">28</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>










</div>


<div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt; text-indent: 0px;"></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-weight:bold;display:inline;">Liquidity and Capital Resources</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">We had $31.2&#160;million in cash at September 30, 2021, compared to $2.2 million at December 31, 2020.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">On June 2, 2020, the Company closed on a public offering of 19 million shares of common stock and 20.7 million warrants pursuant to a Form S-1 from which it received net proceeds of $17,185,640, after deducting underwriting discounts and expenses. On June 12, 2020, the Company closed on the public offering of 1.7 million additional shares of common stock for net proceeds of $1,548,360, after deducting underwriting discounts and expenses, pursuant to the underwriter exercising the overallotment option from the June 2, 2020 public offering.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">On January 28, 2020, the Company closed on a public offering 4.5 million shares of common stock and 49.45 million warrants (each exercisable into 1/20<div style=";display:inline;vertical-align: super;;font-size:9.2px">th</div> of a share of common stock for a total of 2.4725 million shares of common stock) from which it received net proceeds of $8,549,470, after deducting underwriting discounts and expenses. On February 24, 2020, the Company closed on the public offering of 445,000 additional shares of common stock for net proceeds of $839,270, after deducting underwriting discounts and expenses, due to the exercise of the over-allotment option issued the underwriter in January 28, 2020 public offering.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">On January 19, 2021, the Company filed a prospectus supplement dated January 15, 2021 (the &#8220;ATM Prospectus Supplement&#8221;) to the shelf registration statement Form S-3 (File No. 333-251185) declared effective by the SEC on December 15, 2020 (the &#8220;First Form S-3&#8221;) for the offer and sale shares of common stock having an aggregate value of $8,721,746 from time to time through H.C. Wainwright &amp; Co., LLC, as sales agent (&#8220;Wainwright&#8221;), pursuant to the At The Market Offering Agreement, dated December 7, 2020 (the &#8220;ATM Agreement&#8221;), between the Company and Wainwright. During January 2021, the Company has raised approximately $16,200,000 through the sale of 14.9 million shares of the Company&#8217;s common stock with net proceeds of $16,242,904 after deducting underwriting discounts and expenses</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">On February 2, 2021, the Company filed a second registration statement on Form S-3 (File No. 333-252630) (the &#8220;Second S-3&#8221;) containing a base prospectus covering the offering, issuance and sale by the Company of up to $100,000,000 of the Company&#8217;s common stock, preferred stock, warrants and units; and a sales agreement prospectus covering the offering, issuance and sale by us of up to a maximum aggregate offering price of $100,000,000 (which amount was included in the aggregate offering price set forth in the base prospectus) of the Company&#8217;s common stock that may be issued and sold under a second At The Market Offering Agreement, dated February 1, 2021, we entered into with Wainwright, as sales agent. The Second S-3 was declared effective by the SEC on February 8, 2021. The Company terminated the First S-3 simultaneously with the filing of the Second S-3. From February 2021 to July 2021, the Company sold an aggregate of 18,826,177 shares of common stock through the Wainwright under the Second S-3 with net proceeds of $24,602,110, after deducting underwriting discounts and expenses.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">On July 14, 2021, the Company raised gross proceeds of $40,000,000 in a registered direct offering pursuant to a Form S-3 involving the sale of shares and warrants to several institutional and accredited investors. These shares were sold pursuant to the Second S-3. There was a total of 46,029,920 shares of common stock sold with net proceeds of $36,259,050, after deducting underwriting discounts and expenses.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0px;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="text-decoration:underline;display:inline;">Registered Direct Offering on Form S-3</div></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 420.7pt;">&#160;</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;">As previously reported by the Company on Form 8-K filed with the SEC on July 14, 2021, on July 11, 2021, the Company entered into a Securities Purchase Agreement, dated July 11, 2021 (the &#8220;Agreement&#8221;) with several institutional and accredited investors (the &#8220;Purchasers&#8221;) pursuant to which the Company agreed to issue and sell in a registered direct offering (the &#8220;Offering&#8221;) an aggregate of 46,029,920 shares (the &#8220;Shares&#8221;) of its common stock and warrants (the &#8220;Warrants&#8221;) to purchase up to an aggregate of 23,014,960 shares of common stock at a combined offering price of $0.869 per share and accompanying warrant, for gross proceeds of approximately $40,000,000. The Warrants have an exercise price equal to $0.81 per share, and are immediately exercisable until the fifth anniversary of the date of issuance.</div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0.5in;">&#160;</div>


<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt">

		<tr style="vertical-align: top; text-align: left">
			<td style="width: 33%">&#160;</td>
			<td style="width: 34%; text-align: center">29</td>
			<td style="width: 33%; text-align: right">&#160;</td>
		</tr>

</table>










</div>


<div style="break-before: page; margin-top: 6pt; margin-bottom: 6pt; text-indent: 0px;"></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"></div>


<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0px; text-align: justify; text-indent: 0.5in;">&#160;</div>
</div>
</div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The net proceeds to the Company from the Offering were approximately $36,325,000, after deducting placement agent fees and expenses payable by the Company. The Company intends to use the net proceeds from the Offering for working capital purposes. The Offering closed on July 14, 2021.</div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; text-indent: 0.5in; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pursuant to an engagement letter, dated July 10, 2021 (the &#8220;Engagement Letter&#8221;), with H.C. Wainwright &amp; Co., LLC (the &#8220;Placement Agent&#8221;), the Company agreed to pay the Placement Agent a cash fee equal to 7.0% of the gross proceeds received in the Offering and a management fee equal to 0.5% of the gross proceeds received in the Offering. The Company also agreed to pay the Placement Agent $25,000 for non-accountable expenses, up to $50,000 for fees and expenses of legal counsel and other reasonable and customary out of-pocket expenses, and $15,950 for clearing fees.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Also pursuant to the Engagement Letter, the Company, in connection with the Offering, issued to the Placement Agent or its designees warrants to purchase an aggregate of 2,761,795 shares of its common stock (which represents 6.0% of the Shares sold to investors in the Offering) at an exercise price equal to 125% of the offering price in the offering, or $1.08625 (the &#8220;Placement Agent Warrants&#8221;). The Placement Agent Warrants are immediately exercisable until the fifth anniversary of the commencement of sales of the offering.</div></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: justify; text-indent: 0.5in; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Shares sold under the Agreement, the issuance of the Warrants and the Placement Agent Warrants, and the shares issuable pursuant to the Warrants and the Placement Agent Warrants (the &#8220;Warrant Shares&#8221;) were offered and sold pursuant to the Company through a prospectus supplement pursuant to the Company&#8217;s shelf registration statement on Form S-3 (File No: 333-252630), which was initially filed on February 2, 2021, and declared effective by the Securities and Exchange Commission (the &#8220;SEC&#8221;) on February 8, 2021 (the &#8220;Registration Statement&#8221;). The Company has filed with the SEC the prospectus supplement, together with the accompanying base prospectus, used in connection with the offer and sale of the securities.</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">As of September 30, 2021, the Company&#8217;s principal sources of liquidity consisted of approximately $31 million of cash and future cash generated from operations. The Company believes its current cash balances coupled with anticipated cash flow from operating activities will be sufficient to meet its working capital requirements for at least one year from the date of the issuance of the accompanying consolidated financial statements. The Company continues to control its cash expenses as a percentage of expected revenue on an annual basis and thus may use its cash balances in the short-term to invest in revenue growth. Based on current internal projections, the Company believes it has and/or will generate sufficient cash for its operational needs, for at least one year from the date of issuance of the accompanying consolidated financial statements. Management is focused on growing the Company&#8217;s existing product offering, as well as its customer base, to increase its revenues. The Company cannot give assurance that it can increase its cash balances or limit its cash consumption and thus maintain sufficient cash balances for its planned operations or future acquisitions. Future business demands may lead to cash utilization at levels greater than recently experienced. The Company may need to raise additional capital in the future. However, the Company cannot assure that it will be able to raise additional capital on acceptable terms, or at all. Subject to the foregoing, management believes that the Company has sufficient capital and liquidity to fund its operations for at least one year from the date of issuance of the accompanying consolidated financial statements.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;">

		<tr style="text-align: left; vertical-align: top;">
			<td style="width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
			<td style="width: 34%; text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif;"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></td>
			<td style="width: 33%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
		</tr>

</table>





























<div style="clear:both;max-height:0pt;"></div>
</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; break-before: page; text-indent: 0px;"></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Cash Flows</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;">

		<tr style="vertical-align: bottom;">
			<td style="padding-bottom: 1pt;">&#160;</td>
			<td style="padding-bottom: 1pt;">&#160;</td>
			<td colspan="6" style="text-align: center; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;">
			<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Nine Months Ended</div></div></div>

			<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px; text-align: center; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">September 30,</div></div></div>
			</td>
			<td style="padding-bottom: 1pt;">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="padding-bottom: 1pt;">&#160;</td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2021</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
			<td colspan="2" style="text-align: center; border-bottom: 1pt solid black;"><div style="font-weight:bold;display:inline;">2020</div></td>
			<td style="padding-bottom: 1pt;"><div style="font-weight:bold;display:inline;">&#160;</div></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="width: 74%; text-align: left; text-indent: 0px;">Cash flows used in operating activities</td>
			<td style="width: 1%; text-indent: 0px;">&#160;</td>
			<td style="width: 1%; text-align: left; text-indent: 0px;">$</td>
			<td style="width: 10%; text-align: right; text-indent: 0px;">(45,708,621</td>
			<td style="width: 1%; text-align: left; text-indent: 0px;">)</td>
			<td style="width: 1%; text-indent: 0px;">&#160;</td>
			<td style="width: 1%; text-align: left; text-indent: 0px;">$</td>
			<td style="width: 10%; text-align: right; text-indent: 0px;">(18,787,279</td>
			<td style="width: 1%; text-align: left; text-indent: 0px;">)</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: white;">
			<td style="text-align: left;">Cash flows from (used in) investing activities</td>
			<td>&#160;</td>
			<td style="text-align: left;">&#160;</td>
			<td style="text-align: right;">(8,059,748</td>
			<td style="text-align: left;">)</td>
			<td>&#160;</td>
			<td style="text-align: left;">&#160;</td>
			<td style="text-align: right;">1,283,002</td>
			<td style="text-align: left;">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; padding-bottom: 1pt; text-indent: 0px;">Cash flows from financing activities</td>
			<td style="padding-bottom: 1pt; text-indent: 0px;">&#160;</td>
			<td style="text-align: left; border-bottom: 1pt solid black; text-indent: 0px;">&#160;</td>
			<td style="text-align: right; border-bottom: 1pt solid black; text-indent: 0px;">82,762,679</td>
			<td style="text-align: left; padding-bottom: 1pt; text-indent: 0px;">&#160;</td>
			<td style="padding-bottom: 1pt; text-indent: 0px;">&#160;</td>
			<td style="text-align: left; border-bottom: 1pt solid black; text-indent: 0px;">&#160;</td>
			<td style="text-align: right; border-bottom: 1pt solid black; text-indent: 0px;">26,370,826</td>
			<td style="text-align: left; padding-bottom: 1pt; text-indent: 0px;">&#160;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: white;">
			<td style="text-align: left; padding-bottom: 2.5pt;">Net increase in cash during period</td>
			<td style="padding-bottom: 2.5pt;">&#160;</td>
			<td style="text-align: left; border-bottom-color: black; border-bottom-width: 2.5pt; border-bottom-style: double;">$</td>
			<td style="text-align: right; border-bottom-color: black; border-bottom-width: 2.5pt; border-bottom-style: double;">28,994,310</td>
			<td style="text-align: left; padding-bottom: 2.5pt;">&#160;</td>
			<td style="padding-bottom: 2.5pt;">&#160;</td>
			<td style="text-align: left; border-bottom-color: black; border-bottom-width: 2.5pt; border-bottom-style: double;">$</td>
			<td style="text-align: right; border-bottom-color: black; border-bottom-width: 2.5pt; border-bottom-style: double;">8,866,549</td>
			<td style="text-align: left; padding-bottom: 2.5pt;">&#160;</td>
		</tr>

</table>





























<div style="clear: both; max-height: 0pt; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;">Cash Flows Used in Operating Activities</div></div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Net cash flows used in operating activities for the nine months ended September 30, 2021 was $45,708,621, attributable to a net loss of $22,570,791, offset by depreciation expense of $1,196,562, $2,902,342 of change in fair value of warrant liabilities, $588,221 in warrant issuance costs, amortization of capitalized contract costs of $213,353, stock-based compensation expense of $232,447, common stock issued for services of $189,000 and net increase in operating assets of $28,685,849, and net increase in operating liabilities of $6,030,778. Net cash flows used in operating activities for the nine months ended September 30, 2020 was $18,787,279, attributable to net loss of $6,152,982, offset by depreciation expense of $394,322, amortization of debt issuance cost of $634,892, stock-based compensation expense of $315,673 and net increase in operating assets of $17,134,707, and net decrease in operating liabilities of $3,155,523.</div></div>

<div style="margin: 0in 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash Flows from (Used in) Investing Activities</div></div></div><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"></div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Net cash used in investing activities for the nine months ended September 30, 2021 was $8,059,748 attributed to the purchase of property and equipment. Net cash provided by investing activities for the nine months ended September 30, 2020 was $1,283,002.</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash Flows from Financing Activities</div></div></div><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"></div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Net cash provided by financing activities for the nine months ended September 30, 2021 was $82,762,679, primarily attributable to the net cash proceeds of $5,412,540 received from exercise of warrants, cash proceeds of $77,941,089 provided for issuance of stock and repayments of $590,950 from loans payable to factor. Net cash provided by financing activities for the nine months ended September 30, 2020 was $26,370,826 primarily attributable to net cash proceeds of $28,122,740 received from the sale of common stock and warrants, cash proceeds of $1,388,240 received from loans payable to factor and repayments of Series D Preferred Stock of $3,140,154.</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="text-decoration:underline;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Increase in Cash During Period</div></div></div><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"></div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: justify; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">As a result of the activities described above, we recorded a net increase in cash of $28,994,310 and $8,866,549 for the nine months ended September 30, 2021 and 2020, respectively.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;">

		<tr style="text-align: left; vertical-align: top;">
			<td style="width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
			<td style="width: 34%; text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif;"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></td>
			<td style="width: 33%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
		</tr>

</table>





























<div style="clear:both;max-height:0pt;"></div>
</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; break-before: page; text-indent: 0px;"></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Off Balance Sheet Arrangements</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">None.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Seasonality</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Our business is a seasonal business as a result of our China-based production. For the first two calendar quarters, we are not able to ship our products from China due to the hiatus as a result of their New Year holidays and also a general downturn in business caused by Covid-19. We make up the lost sales from the first two calendar quarters in the subsequent quarters.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Significant Accounting Policies</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">See the footnotes to our unaudited financial statements for the quarter ended September 30, 2021 and 2020, included with this quarterly report.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_008"></a>ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and in Item 10(f)(1) of Regulation S-K, we are electing scaled disclosure reporting obligations and therefore are not required to provide the information requested by this item.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_009"></a>ITEM 4. CONTROLS AND PROCEDURES.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Evaluation of Disclosure Controls and Procedures</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Under the supervision and with the participation of our management, including our Chief Executive Officer and our Chief Financial Officer, we evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act) as of the end of the period covered by this Quarterly Report.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Based on such evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of the end of such period, our disclosure controls and procedures are not effective in recording, processing, summarizing and reporting, on a timely basis, information required to be disclosed by us in the reports that we file or submit under the Exchange Act and are effective in ensuring that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of September30, 2021, we did not maintain effective controls over the control environment, including our internal control over financial reporting.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">We did not design written policies and procedures at a sufficient level of precision to support the operating effectiveness of the controls to prevent and detect potential errors. We also did not maintain adequate documentation to evidence the operating effectiveness of certain control activities, and did not maintain proper levels of supervision and review of complex accounting matters. We did not perform an initial assessment regarding classification of common stock purchase warrants. Lastly, we did not maintain appropriate access to certain systems and did not maintain appropriate segregation of duties related to processes associated within those systems.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">These control deficiencies resulted in several immaterial misstatements to the preliminary financial statements that were corrected and/or deemed immaterial in the aggregate prior to issuance of the financial statements. These control deficiencies create a reasonable possibility that a material misstatement to the financial statements will not be prevented or detected on a timely basis, and there we concluded that the deficiencies represent material weaknesses in our internal control over financial reporting and our internal control over financial reporting was not effective as of September 30, 2021.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">During the three months ended September 30, 2021, we continued to enhance our internal control over financial reporting in an effort to remediate the material weaknesses described above. We are committed to ensuring that our internal control over financial reporting is designed and operating effectively.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Our remediation process includes, but not limited to:</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;">

		<tr style="vertical-align: top;">
			<td style="width: 24px; text-align: justify;">&#160;</td>
			<td style="width: 24px; text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Investing in IT systems to enhance our operational and financial reporting and internal controls.</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Enhancing the organizational structure to support financial reporting processes and internal controls.</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Providing guidance, education and training to employees relating to our accounting policies and procedures.</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Further developing and documenting detailed policies and procedures regarding business processes for significant accounts, critical accounting policies and critical accounting estimates.</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Establishing effective general controls over IT systems to ensure that information produced can be relied upon by process level controls is relevant and reliable.</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#9679;</div></td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Continuing to work with additional outside consultants in connection with complex accounting matters. </div></td>
		</tr>

</table>





























<div style="clear: both; max-height: 0pt; text-indent: 0px;"></div>

<div style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0px 0pt 0.5in; text-align: justify; text-indent: -0.25in; font-size-adjust: none; font-stretch: normal;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">We expect to fully remediate these material weaknesses in the second half of 2021. However, we may discover additional material weaknesses that may require additional time and resources to remediate.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;">

		<tr style="text-align: left; vertical-align: top;">
			<td style="width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
			<td style="width: 34%; text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif;"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></td>
			<td style="width: 33%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
		</tr>

</table>





























<div style="clear:both;max-height:0pt;"></div>
</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; break-before: page; text-indent: 0px;"></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Changes in Internal Control over Financial Reporting</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Other than as noted above, there have been no changes in our internal control over financial reporting during the quarter ended September 30, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_010"></a>PART II. OTHER INFORMATION</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_011"></a>ITEM 1. LEGAL PROCEEDINGS</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">From time to time, claims are made against us in the ordinary course of business, which could result in litigation. Claims and associated litigation are subject to inherent uncertainties and unfavorable outcomes could occur, such as monetary damages, fines, penalties or injunctions prohibiting us from selling one or more products or engaging in other activities.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The occurrence of an unfavorable outcome in any specific period could have a material adverse effect on our results of operations for that period or future periods. Other than as described below, we are not presently a party to any pending or threatened legal proceedings.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Edwin Minassian v. Michael Panosian and Toughbuilt Industries, Inc., Los Angeles Superior Court Case No. EC065533.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">There have no material developments from that reported in our Form 10-K for the fiscal year ended December 31, 2020.&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;">

		<tr style="text-align: left; vertical-align: top;">
			<td style="width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
			<td style="width: 34%; text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif;"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></td>
			<td style="width: 33%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
		</tr>

</table>





























<div style="clear:both;max-height:0pt;"></div>
</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; break-before: page; text-indent: 0px;"></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Design 1<div style=";display:inline;vertical-align: super;;font-size:9.2px">st</div> v. Toughbuilt Industries, Inc., American Arbitration Association</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On November 26, 2019, Claimant Design 1<div style=";display:inline;vertical-align: super;;font-size:9.2px">st</div> filed a Demand for Arbitration against the Company seeking $169,094 in damages, plus attorney&#8217;s fees and costs. Claimant contends the Company breached a written contract by failing to pay for design services. The Company filed a Cross-Demand for Arbitration against Claimant seeking $394,956 in damages, plus attorney&#8217;s and costs alleging Claimant breached the same contract by performing negligent services, failing to meets its obligations under the contract, and fraudulent billing.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The arbitration hearing occurred in April 2021. On July 14, 2021, the arbitrator concluded that neither party was entitled to prevail on their respective claims and rejected all counterclaims. Both parties are required to bear all fees and incurred in connection with the arbitration.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_012"></a>ITEM 1A. RISK FACTORS.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style:italic;display:inline;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">We could lose our listing on the Nasdaq Capital Market if the closing bid price of our common stock does not return to above $1.00 for ten consecutive days during the 180 days ending May 16, 2022. The loss of the Nasdaq listing would make our common stock significantly less liquid and would affect its value.&#160;</div></div></div></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"></div></div><br/></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">As initially disclosed on the Current Report on Form 8-K filed on May 19, 2021 with the Securities and Exchange Commission (the &#8220;SEC&#8221;), the Company received written notification from Nasdaq notifying the Company that it had failed to comply with Nasdaq Listing Rule 5550(a)(2) (the &#8220;Minimum Bid Price Requirement&#8221;) because the bid price for the Company&#8217;s common stock for 30 consecutive business days prior to such date had closed below the minimum $1.00 per share requirement for continued listing. Nasdaq initially granted the Company 180 calendar days, or until November 15, 2021, to regain compliance with the Minimum Bid Price Requirement.</div></div></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"></div></div><br/></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">As subsequently reported on a Form 8-K filed with the SEC on November 16, 2021, on November 16, 2021, Nasdaq granted the Company an additional 180 calendar days, or until May 16, 2022 (the &#8220;Extension Period&#8221;), to regain compliance with the Minimum Bid Requirement. The extension had no immediate effect on the listing or trading of the common stock on the Nasdaq Capital Market. If, at any time before May 16, 2022, the bid price of the Company&#8217;s common stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the Rule. If compliance with the Rule cannot be demonstrated by May 16, 2022, Nasdaq will provide written notification that the Company&#8217;s common stock will be delisted. At that time, the Company may appeal Nasdaq&#8217;s determination to a Hearings Panel. There can be no assurance that the Company will regain compliance with the Minimum Bid Price Requirement during the 180-day extension period.&#160;</div></div></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"></div></div><br/></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">Upon delisting from the Nasdaq Capital Market, our stock would be traded over-the-counter inter-dealer quotation system, more commonly known as the OTC. OTC transactions involve risks in addition to those associated with transactions in securities traded on the securities exchanges, such as the Nasdaq Capital Market (together, &#8220;Exchange-listed Stocks&#8221;). Many OTC stocks trade less frequently and in smaller volumes than Exchange-listed Stocks. Accordingly, our stock would be less liquid than it would be otherwise. Also, the values of OTC stocks are often more volatile than Exchange-listed Stocks. &#160; Additionally, institutional investors are usually prohibited from investing in OTC stocks, and it might be more challenging to raise capital when needed.&#160;</div></div></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"></div></div><br/></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;">The Company will continue to monitor the closing bid price of its common stock and seek to regain compliance with the Minimum Bid Price Requirement within the allotted compliance period; however, there can be no assurance that the Company will regain compliance with the Minimum Bid Requirement or that if the Company does appeal a subsequent delisting determination, that such appeal would be successful.</div></div></div>

<div style="text-indent: 0px; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;<br/>As a &#8220;smaller reporting company&#8221; as defined by Rule 12b-2 of the Exchange Act and in Item 10(f)(1) of Regulation S-K, we are electing scaled disclosure reporting obligations and therefore are not required to provide any additional information requested by this item.<br/></div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_013"></a>ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">None</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_014"></a>ITEM 3. DEFAULTS UPON SENIOR SECURITIES.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">None.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_015"></a>ITEM 4. MINE SAFETY DISCLOSURES.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Not applicable.</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_016"></a>ITEM 5. OTHER INFORMATION.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">See &#8220;Item 2. Liquidity and Capital Resources, Subsequent Events.&#8221;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;">

		<tr style="text-align: left; vertical-align: top;">
			<td style="width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
			<td style="width: 34%; text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif;"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></td>
			<td style="width: 33%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
		</tr>

</table>





























<div style="clear:both;max-height:0pt;"></div>
</div>

<div style="margin-top: 6pt; margin-bottom: 6pt; break-before: page; text-indent: 0px;"></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><a href="#" id="a_017"></a>ITEM 6. EXHIBITS.</div></div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(a) Exhibits. The following documents are filed as part of this report:</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;">

		<tr style="vertical-align: bottom;">
			<td style="width: 8%; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Exhibit <br/> No.:</div></td>
			<td style="width: 2%; padding-bottom: 1pt;">&#160;</td>
			<td style="width: 90%; border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Description:</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><a href="tbi001_ex31-1.htm" style="-sec-extract:exhibit"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></span><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">31.1</span></a></td>
			<td style="text-align: justify;"><a href="tbi001_ex31-1.htm" style="-sec-extract:exhibit"></a></td>
			<td style="text-align: justify;"><a href="tbi001_ex31-1.htm" style="-sec-extract:exhibit"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Certification of Principal Executive Officer pursuant to Securities Exchange Act Rules 13a- 14(a) and 15d-14(a) as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002</span></a></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><a href="tbi001_ex31-2.htm" style="-sec-extract:exhibit"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></span><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">31.2</span></a></td>
			<td style="text-align: justify;"><a href="tbi001_ex31-2.htm" style="-sec-extract:exhibit"></a></td>
			<td style="text-align: justify;"><a href="tbi001_ex31-2.htm" style="-sec-extract:exhibit"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Certification of Principal Financial Officer pursuant to Securities Exchange Act Rules 13a- 14(a) and 15d-14(a) as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002</span></a></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><a href="tbi001_ex32-1.htm" style="-sec-extract:exhibit"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></span><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">32.1</span></a></td>
			<td style="text-align: justify;"><a href="tbi001_ex32-1.htm" style="-sec-extract:exhibit"></a></td>
			<td style="text-align: justify;"><a href="tbi001_ex32-1.htm" style="-sec-extract:exhibit"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002</span></a></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><a href="tbi001_ex32-2.htm" style="-sec-extract:exhibit"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></span><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">32.2</span></a></td>
			<td style="text-align: justify;"><a href="tbi001_ex32-2.htm" style="-sec-extract:exhibit"></a></td>
			<td style="text-align: justify;"><a href="tbi001_ex32-2.htm" style="-sec-extract:exhibit"><span style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002</span></a></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">101.INS</div></td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Inline XBRL Instance Document</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">101.SCH</div></td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Inline XBRL Schema Document</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">101.CAL</div></td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Inline XBRL Calculation Linkbase Document</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">101.DEF</div></td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Inline XBRL Definition Linkbase Document</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">101.LAB</div></td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Inline XBRL Label Linkbase Document</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">101.PRE</div></td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Inline XBRL Presentation Linkbase Document</div></td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;">&#160;</td>
		</tr>
		<tr style="vertical-align: top;">
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">104</div></td>
			<td style="text-align: justify;">&#160;</td>
			<td style="text-align: justify;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cover Page Interactive Data File (embedded within the Inline XBRL document filed as Exhibit 101)</div></td>
		</tr>

</table>





























<div style="clear: both; max-height: 0pt; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<table cellpadding="0" cellspacing="0" style="font: 10pt &quot;Times New Roman&quot;, Times, serif; width: 100%; border-spacing: 0px; text-indent: 0px;">

		<tr style="vertical-align: top;">
			<td style="width: 48px;">&#160;</td>
			<td style="width: 24px;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(1)</div></td>
			<td><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Filed as Exhibit 3.1 to Form 8-K filed on April 1, 2021 and incorporated by refence herein.</div></td>
		</tr>

</table>





























<div style="clear: both; max-height: 0pt; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;">

		<tr style="text-align: left; vertical-align: top;">
			<td style="width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
			<td style="width: 34%; text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif;"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></td>
			<td style="width: 33%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
		</tr>

</table>





























<div style="clear:both;max-height:0pt;"></div>
</div>

<div style="margin-top: 6pt; margin-bottom: 6pt;  text-indent: 0px;; page-break: avoid"></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: center; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><a href="#" id="a_018"></a>SIGNATURES</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: center; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>

<div style="font: 10pt &quot;Times New Roman&quot;, Times, serif; margin: 0pt 0px; text-align: justify; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</div></div>

<div style="margin: 0in 0in 0.0001pt; text-align: center; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;">

		<tr>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td colspan="2" style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">TOUGHBUILT INDUSTRIES, INC.</div></div>
			</td>
		</tr>
		<tr>
			<td style="width:51.0%; padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="width:4.0%; padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="width:46.0%; padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
		</tr>
		<tr>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Date: November 22, 2021</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">By: </div></div>
			</td>
			<td style="border:none; border-bottom:solid black 1.0pt; padding:0in 0in 1.5pt 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">/s/ Michael Panosian</div></div><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"></div></div>
			</td>
		</tr>
		<tr>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Name:</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Michael Panosian</div></div>
			</td>
		</tr>
		<tr>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Title:</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Chief Executive Officer and Chairman</div></div>
			</td>
		</tr>
		<tr>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">(Principal Executive Officer)</div></div>
			</td>
		</tr>

</table>

















<div style="clear: both; max-height: 0pt; text-indent: 0px;"></div>

<div style="margin: 0in 0in 0.0001pt; text-align: center; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; text-indent: 0px;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;">

		<tr>
			<td style="width: 51%; padding: 0in 0in 1pt;;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Date: November 22, 2021</div></div>
			</td>
			<td style="width: 4%; padding: 0in 0in 1pt;;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">By: </div></div>
			</td>
			<td style="border:none; border-bottom:solid black 1.0pt; width:46.0%; padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; line-height: normal;"><div style="font-style:italic;display:inline;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">/s/ Martin Galstyan</div></div><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;"></div></div>
			</td>
		</tr>
		<tr>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Name:</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:bottom;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Martin Galstyan</div></div>
			</td>
		</tr>
		<tr>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Title:</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">Chief Financial Officer</div></div>
			</td>
		</tr>
		<tr>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; white-space: pre-wrap; letter-spacing: 0px; top: 0px;;display:inline;;white-space:pre-wrap;">&#160;</div></div>
			</td>
			<td style="padding:0in 0in 0in 0in;vertical-align:top;">
			<div style="margin: 0px 0in 0.0001pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: normal;"><div style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; letter-spacing: 0px; top: 0px;;display:inline;">(Principal Financial and Accounting Officer)</div></div>
			</td>
		</tr>

</table>

















<div style="clear: both; max-height: 0pt; text-indent: 0px;"></div>















<div style="clear: both; max-height: 0pt; text-indent: 0px;"></div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

<div style="margin-top: 6pt; margin-bottom: 6pt; border-bottom: 1pt solid black; text-indent: 0px;">
<table cellpadding="0" cellspacing="0" style="width: 100%; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;">

		<tr style="text-align: left; vertical-align: top;">
			<td style="width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
			<td style="width: 34%; text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif;"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></td>
			<td style="width: 33%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif;">&#160;</td>
		</tr>

</table>





























<div style="clear:both;max-height:0pt;"></div>
</div>

<div style="margin-bottom: 0px; margin-top: 0px; text-indent: 0px;"></div>

</body></html>
[{"type": "10-Q", "sequence": "1", "filename": "tblt-20210930.htm", "description": "FORM 10-Q", "secsgml_size_bytes": 1351028}]
{"company-data": {"conformed-name": "Toughbuilt Industries, Inc", "cik": "0001668370", "assigned-sic": "3420", "irs-number": "460820877", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "10-Q", "act": "34", "file-number": "001-38739", "film-number": "211433283"}, "business-address": {"street1": "25371 COMMERCENTRE DRIVE", "street2": "SUITE 200", "city": "LAKE FOREST", "state": "CA", "zip": "92630", "phone": "(949) 528-3100"}, "mail-address": {"street1": "25371 COMMERCENTRE DRIVE", "street2": "SUITE 200", "city": "LAKE FOREST", "state": "CA", "zip": "92630"}}
Toughbuilt Industries, Inc
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
10-Q
☒
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended
September 30,
2021
OR
☐
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from _____to_____
Commission File Number:
001-38739
TOUGHBUILT INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Nevada
46-0820877
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification No.)
25371 Commercentre Drive
,
Suite 200
Lake Forest
,
CA
92630
(Address of principal executive offices)
(Zip Code)
(
949
)
528-3100
(Registrant's telephone number, including area code)
N/A
(Former name, former address and formal fiscal year, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class:
Trading Symbol(s)
Name of each exchange on which registered:
Common Stock
TBLT
NASDAQ
CAPITAL MARKET
Series A Warrants
TBLTW
NASDAQ
CAPITAL MARKET
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes
☒
No
☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Yes
☒
No
☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
☐
Accelerated filer
☐
Non-accelerated filer
☒
Smaller reporting company
☒
Emerging growth company
☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to section 13(a) of the Exchange Act.
☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes
☐
No
☒
As of November 22, 2021
, the registrant had
129,299,607
shares of common stock, $0.0001 par value per share outstanding.
TABLE OF CONTENTS
PART I.
FINANCIAL INFORMATION
3
ITEM 1.
FINANCIAL STATEMENTS
3
CONDENSED CONSOLIDATED BALANCE SHEETS AT SEPTEMBER 30, 2021 (UNAUDITED) AND DECEMBER 31, 2020
3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 2021 AND 2020 (UNAUDITED)
4
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY FOR THE THREE AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 2021 AND 2020 (UNAUDITED)
5
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE NINE MONTH PERIODS ENDED SEPTEMBER 30, 2021 AND 2020 (UNAUDITED)
6
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
7
ITEM 2.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
24
ITEM 3.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
32
ITEM 4.
CONTROLS AND PROCEDURES
3
2
PART II.
OTHER INFORMATION
33
ITEM 1.
LEGAL PROCEEDINGS
33
ITEM 1A.
RISK FACTORS
34
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
34
ITEM 3.
DEFAULTS UPON SENIOR SECURITIES
34
ITEM 4.
MINE SAFETY DISCLOSURES
34
ITEM 5.
OTHER INFORMATION
34
ITEM 6.
EXHIBITS
35
SIGNATURES
36
2
PART I. FINANCIAL INFORMATION
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
TOUGHBUILT INDUSTRIES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
September 30,
December 31,
2021
2020
(UNAUDITED)
Assets
Current Assets
Cash
$
31,189,160
$
2,194,850
Accounts receivable
17,040,362
10,537,395
Factor receivables, net
-
807,648
Inventory
31,317,878
8,915,345
Prepaid assets
1,045,496
1,003,774
Subscription receivable
-
837,025
Total Current Assets
80,592,896
24,296,037
Other Assets
Property and equipment, net
9,930,109
3,066,924
Other assets
460,656
127,733
Total Assets
$
90,983,661
$
27,490,694
Liabilities and Shareholders' Equity
Current Liabilities
Accounts payable
$
12,142,937
$
6,955,218
Accrued expenses
1,441,533
598,473
Factor loan payable
-
590,950
Warrant liabilities
4,560,663
-
Total Current Liabilities
18,145,133
8,144,641
Total Liabilities
18,145,133
8,144,641
Commitment and Contingencies
Shareholders' Equity
Series C Preferred Stock, $
0.0001
par value,
4,268
authorized,
0
issued and outstanding at September 30, 2021 and December 31, 2020
-
-
Series D Preferred Stock, $
1,000
par value,
5,775
shares authorized,
0
and
5,775
issued, and outstanding at September 30, 2021 and December 31, 2020, respectively.
-
-
Series E Preferred Stock, $
0.0001
par value,
15
authorized,
9
and
0
issued and outstanding at September 30, 2021 and December 31, 2020, respectively
-
-
Common stock, $
0.0001
par value,
200,000,000
shares authorized,
129,299,607
and
43,918,831
shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
12,930
4,392
Additional paid-in capital
156,158,382
80,103,653
Accumulated deficit
(
83,332,784
)
(
60,761,992
)
Total Shareholders' Equity
72,838,528
19,346,053
Total Liabilities and Shareholders' Equity
$
90,983,661
$
27,490,694
The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.
3
TOUGHBUILT INDUSTRIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Three Months Ended September 30,
Nine Months Ended September 30,
2021
2020
2021
2020
Revenues, net of allowances
Metal goods
$
8,078,180
$
5,368,015
$
18,130,530
$
10,824,861
Soft goods
9,137,758
11,295,374
27,221,028
16,587,686
Total revenues, net of allowances
17,215,938
16,663,389
45,351,558
27,412,547
Cost of Goods Sold
Metal goods
6,419,003
3,136,146
13,680,028
6,871,998
Soft goods
5,352,312
6,697,863
17,799,148
9,665,656
Total cost of goods sold
11,771,315
9,834,009
31,479,176
16,537,654
Gross profit
5,444,623
6,829,380
13,872,382
10,874,893
Operating expenses:
Selling, general and administrative expenses
15,242,780
5,703,676
33,904,958
14,727,242
Research and development
1,610,671
789,890
4,588,781
1,496,129
Total operating expenses
16,853,451
6,493,566
38,493,739
16,223,371
Income (loss) from operations
(
11,408,828
)
335,814
(
24,621,357
)
(
5,348,478
)
Other income (expense)
Warrant issuance costs
(
588,221
)
-
(
588,221
)
-
Change in fair value of warrant liabilities
2,902,342
-
2,902,342
-
Interest expense
-
(
214,979
)
(
263,555
)
(
804,504
)
Total other income (expense)
2,314,121
(
214,979
)
2,050,566
(
804,504
)
Net income (loss)
$
(
9,094,707
)
$
120,835
$
(
22,570,791
)
$
(
6,152,982
)
Redemption of Series D Preferred Stock deemed dividend
-
-
-
(
1,295,294
)
Net income (loss) attributable to common stockholders
$
(
9,094,707
)
$
120,835
$
(
22,570,791
)
$
(
7,448,276
)
Basic and diluted net income (loss) per share attributed to common stockholders
Basic and diluted net income (loss) per common share
$
(
0.07
)
$
0.00
$
(
0.25
)
$
(
0.32
)
Basic and diluted weighted average common shares outstanding
122,060,087
38,414,631
90,619,171
23,154,481
The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.
4
TOUGHBUILT INDUSTRIES, INC.
STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
FOR THE Nine MONTHS ENDED September 30, 2021 and 2020
(UNAUDITED)
Series C
Series D
Series E
Preferred
Preferred
Preferred
Additional
Total
Stock
Stock
Stock
Common Stock
Paid-in
Accumulated
Stockholders'
Shares
Amount
Shares
Amount
Shares
Amount
Shares
Amount
Capital
Deficit
Equity
Balance - January 1, 2020
1,268
$
-
5,775
$
4,816,485
-
$
-
3,300,015
$
330
$
41,823,048
$
(
43,413,370
)
$
3,226,493
Redemption of Series D Preferred Stock
-
-
(
2,212
)
(
1,844,860
)
-
-
-
-
(
1,295,294
)
-
(
3,140,154
)
Issuance of common stock upon Series C preferred conversion
(
1,268
)
-
-
-
-
126,800
13
(
13
)
-
-
Issuance of common stock upon conversion of convertible notes payable
-
-
-
-
-
-
200,000
20
(
186,171
)
-
(
186,151
)
Issuance of common stock and warrants, net of issuance costs
-
-
-
-
-
-
4,945,000
495
9,388,245
-
9,388,740
Issuance of common stock upon exercise of warrants
-
-
-
-
-
-
2,407,953
241
(
241
)
-
-
Stock based compensation expense
-
-
-
-
-
-
96,490
96,490
Net loss
-
-
-
-
-
-
-
-
-
(
3,754,659
)
(
3,754,659
)
Balance - March 31, 2020
-
$
-
3,563
$
2,971,625
-
$
-
10,979,768
$
1,099
$
49,826,064
$
(
47,168,029
)
$
5,630,759
Issuance of common stock upon conversion of Series D Preferred Stock
-
-
(
3,563
)
(
2,971,625
)
-
-
3,141,426
314
2,971,311
-
-
Issuance of common stock upon conversion of convertible notes payable
-
-
-
-
-
-
3,200,000
320
3,091,965
-
3,092,285
Issuance of common stock and warrants
-
-
-
-
-
-
20,700,000
2,070
18,731,930
-
18,734,000
Issuance of common stock for services
-
-
-
-
-
-
360,000
36
572,364
-
572,400
Issuance of common stock upon exercise of warrants
-
-
-
-
-
-
33,437
3
(
3
)
-
-
Stock based compensation expense
-
-
-
-
-
-
-
-
227,499
-
227,499
Net loss
-
-
-
-
-
-
-
-
-
(
2,519,158
)
(
2,519,158
)
Balance – June 30, 2020
-
$
-
-
$
-
-
$
-
38,414,631
$
3,842
$
75,421,130
$
(
49,687,187
)
$
25,737,785
Stock based compensation expense
-
-
-
-
-
-
-
-
(
8,316
)
-
(
8,316
)
Net income
-
-
-
-
-
-
-
-
-
120,835
120,835
Balance – September 30, 2020
-
$
-
-
$
-
-
$
-
38,414,631
$
3,842
$
75,412,814
$
(
49,566,352
)
$
25,850,304
January 1, 2021
-
$
-
-
$
-
-
-
43,918,831
$
4,392
$
80,103,653
$
(
60,761,992
)
$
19,346,053
Issuance of common stock upon conversion of warrants
-
-
-
-
-
-
5,408,540
541
5,407,999
-
5,408,540
Issuance of common stock for services
-
-
-
-
-
-
150,000
15
188,985
-
189,000
Issuance of common stock
-
-
-
-
-
-
32,127,914
3,213
39,071,177
-
39,074,390
Stock based compensation expense
-
-
-
-
-
-
-
-
81,537
-
81,537
Net loss
-
-
-
-
-
-
-
-
-
(
6,053,659
)
(
6,053,659
)
Balance - March 31, 2021
-
$
-
-
$
-
-
$
-
81,605,285
$
8,161
$
124,853,351
$
(
66,815,651
)
$
58,045,861
Stock based compensation expense
-
-
-
-
-
-
-
-
81,539
-
81,539
Net loss
-
-
-
-
-
-
-
-
-
(
7,422,426
)
(
7,422,426
)
Balance – June 30, 2021
-
$
-
-
$
-
-
-
81,605,285
$
8,161
$
124,934,890
$
(
74,238,077
)
$
50,704,974
Issuance of common stock and warrants
-
-
-
-
-
-
47,690,322
4,769
31,150,121
-
31,154,890
Issuance of common stock upon exercise of warrants
-
-
-
-
-
-
4,000
-
4,000
-
4,000
Stock based compensation expense
-
-
-
-
-
-
-
-
69,371
-
69,371
Net loss
-
-
-
-
-
-
-
-
-
(
9,094,707
)
(
9,094,707
)
Balance – September 30, 2021
-
$
-
-
$
-
-
$
-
129,299,607
$
12,930
$
156,158,382
$
(
83,332,784
)
$
72,838,528
The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.
5
TOUGHBUILT INDUSTRIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)
Nine Months Ended September 30,
2021
2020
Cash flows from operating activities:
Net loss
$
(
22,570,791
)
$
(
6,152,982
)
Adjustments to reconcile from net loss to net cash used in operating activities:
Depreciation
1,196,562
394,322
Amortization of debt discount and debt issuance cost
-
634,892
Stock-based compensation expense
232,447
315,673
Amortization of capitalized contract costs
213,353
-
Common stock issued for services
189,000
-
Warrant issuance costs
588,221
-
Change in fair value of warrant liabilities
(
2,902,342
)
-
Changes in operating assets and liabilities
Accounts receivable, net
(
6,502,967
)
(
10,508,916
)
Factor receivables, net
807,648
(
1,933,040
)
Inventory
(
22,402,533
)
(
4,468,533
)
Prepaid assets
(
255,074
)
(
218,739
)
Other assets
(
332,923
)
(
5,479
)
Accounts payable
5,187,717
2,971,766
Accrued expenses
843,061
183,757
Net cash used in operating activities
(
45,708,621
)
(
18,787,279
)
Cash flows from investing activities:
Proceeds from note receivable
-
3,000,000
Purchases of property and equipment
(
8,059,748
)
(
1,716,998
)
Net cash provided by (used in) investing activities
(
8,059,748
)
1,283,002
Cash flows from financing activities:
Proceeds from sales of common stock and warrants, net of costs
-
28,122,740
Proceeds from exercise of warrants
5,412,540
-
Proceeds from issuance of stock, net of costs
77,941,089
-
Proceeds from factor loan payable
-
1,388,240
Repayments of factor loan payable
(
590,950
)
-
Repayments of Series D Preferred Stock
-
(
3,140,154
)
Net cash provided by financing activities
82,762,679
26,370,826
Net increase in cash
28,994,310
8,866,549
Cash, beginning of period
2,194,850
25,063
Cash, end of period
$
31,189,160
$
8,891,612
Supplemental disclosure of cash flow information:
Cash paid during the period for:
Interest
$
-
$
-
Income taxes
$
-
$
-
Supplemental disclosure of non-cash investing and financing activities:
Cashless exercise of warrants
$
-
$
244
Conversion of Series C Preferred Stock to common stock
$
-
$
13
Conversion of convertible notes payable to common stock
$
-
$
2,906,134
Conversion of Series D Preferred Stock to common stock
$
-
$
2,971,311
Issuance of common stock for prepaid services
$
-
$
572,400
Initial fair value of warrants
$
7,463,005
$
-
The accompanying notes are an integral part of these condensed consolidated unaudited financial statements.
6
TOUGHBUILT INDUSTRIES, INC.
Notes to the Condensed Consolidated Financial Statements
September 30, 2021 and 2020
(Unaudited)
NOTE 1: NATURE OF OPERATIONS AND BASIS OF PRESENTATION
General
The unaudited condensed consolidated financial statements of ToughBuilt Industries, Inc. ("ToughBuilt" or the "Company") as of September 30, 2021 and for the three and nine months ended September 30, 2021 and 2020 should be read in conjunction with the financial statements for the year ended December 31, 2020 included in the Company's Annual Report on Form 10-K for the year ended December 31, 2020, which was filed with the Securities Exchange Commission ("SEC") on March 26, 2021 and can also be found on the Company's website (www.toughbuilt.com). ToughBuilt was incorporated under the laws of the State of Nevada on April 9, 2012 under the name Phalanx, Inc., and on December 29, 2015, Phalanx, Inc. changed its name to ToughBuilt Industries, Inc.
On April 15, 2020,
the Company effected a 1-for-10 reverse stock split (the "Reverse Split") of its issued and outstanding common stock
. As a result of the Reverse Split, each ten shares of issued and outstanding prior to the Reverse Split were converted into one share of common stock, with fractional shares resulting from the Reverse Split rounded up to the nearest whole number. All share and per share numbers in the unaudited condensed consolidated financial statements and notes below have been revised retroactively to reflect the Reverse Split.
Nature of Operations
In these notes, the terms "we," "our," "ours," "us," "it," "its," "ToughBuilt," and the "Company" refer to ToughBuilt Industries, Inc., a Nevada corporation.
The Company designs and distributes tools and accessories to the home improvement community and the building industry. The Company aspires to augment brand loyalty in part from the enlightened creativity of its end users throughout the global tool market industry. The Company holds exclusive patents and licenses to develop, manufacture, market and distribute various home improvement and construction product lines for both Do-it-Yourself ("DIY") and professional trade markets under the TOUGHBUILT® brand name.
TOUGHBUILT distributes products in the following categories, all designed and engineered in the United States and manufactured by third party vendors in China, with manufacturing being brought online in India and the Philippines:
●
tool belts, tool bags and other personal tool organizer products;
●
complete line of knee pads for various construction applications; and
●
job-site tools and material support products consisting of a full line of miter-saws and table saw stands, saw horses/job site tables and roller stands.
On June 2, 2020, the Company closed on a public offering of
19
million shares of common stock and
20.7
million warrants pursuant to a Form S-1 from which it received net proceeds of $
17,185,640
, after deducting underwriting discounts and expenses. On June 12, 2020, the Company closed on the public offering of
1.7
million additional shares of common stock for net proceeds of $
1,548,360
, after deducting underwriting discounts and expenses, pursuant to the underwriter exercising the overallotment option from the June 2, 2020 public offering.
On January 28, 2020, the Company closed on a public offering
4.5
million shares of common stock and
49.45
million warrants (each exercisable into 1/20
th
of a share of common stock for a total of
2.4725
million shares of common stock) from which it received net proceeds of $
8,549,470
, after deducting underwriting discounts and expenses. On February 24, 2020, the Company closed on the public offering of
445,000
additional shares of common stock for net proceeds of $
839,270
, after deducting underwriting discounts and expenses, due to the exercise of the over-allotment option issued the underwriter in January 28, 2020 public offering.
On January 19, 2021, the Company filed a prospectus supplement dated January 15, 2021 (the "ATM Prospectus Supplement") to the shelf registration statement Form S-3 (File No. 333-251185) declared effective by the SEC on December 15, 2020 (the "First Form S-3") for the offer and sale shares of common stock having an aggregate value of $
8,721,746
from time to time through H.C. Wainwright & Co., LLC, as sales agent ("Wainwright"), pursuant to the At The Market Offering Agreement, dated December 7, 2020 (the "ATM Agreement"), between the Company and Wainwright. During January 2021, the Company has raised approximately $
16,200,000
through the sale of
14.9
million shares of the Company's common stock with net proceeds of $
16,242,904
after deducting underwriting discounts and expenses
.
7
On February 2, 2021, the Company filed a second registration statement on Form S-3 (File No. 333-252630) (the "Second S-3") containing a base prospectus covering the offering, issuance and sale by the Company of up to $
100,000,000
of the Company's common stock, preferred stock, warrants and units; and a sales agreement prospectus covering the offering, issuance and sale by us of up to a maximum aggregate offering price of $
100,000,000
(which amount was included in the aggregate offering price set forth in the base prospectus) of the Company's common stock that may be issued and sold under a second At The Market Offering Agreement, dated February 1, 2021, we entered into with Wainwright, as sales agent. The Second S-3 was declared effective by the SEC on February 8, 2021. The Company terminated the First S-3 simultaneously with the filing of the Second S-3. From February 2021 to July 2021, the Company sold an aggregate of
18,826,177
shares of common stock through the Wainwright under the Second S-3 with net proceeds of $
24,602,110
, after deducting underwriting discounts and expenses.
On July 14, 2021, the Company raised gross proceeds of $
40,000,000
in a registered direct offering pursuant to a Form S-3 involving the sale of shares and warrants to several institutional and accredited investors. These shares were sold pursuant to the Second S-3. There was a total of
46,029,920
shares of common stock sold with net proceeds of $
36,259,050
, after deducting underwriting discounts and expenses.
Risk and Uncertainty Concerning Covid-19
In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (COVID-19) as a pandemic which continues to spread throughout the United States and the World. We are currently monitoring the outbreak of COVID-19 and the related business and travel restrictions and changes to behavior intended to reduce its spread. All of our Chinese facilities were temporarily closed for a period of time. All of these facilities have been reopened. Depending on the progression of the outbreak, our ability to obtain necessary supplies and ship finished products to customers may be partly or completely disrupted globally. To date we have been able to obtain supplied and products needed. Also, our ability to maintain appropriate labor levels could be disrupted. If the coronavirus continues to progress, it could have a material negative impact on our results of operations and cash flow, in addition to the impact on its employees. We have concluded that while it is reasonably possible that the virus could have a negative impact on the results of operations, the specific impact is not readily determinable as of the date of these consolidated financial statements. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Liquidity
As of September 30, 2021, the Company's principal sources of liquidity consisted of approximately $
31
million of cash and future cash generated from operations. The Company believes its current cash balances coupled with anticipated cash flow from operating activities will be sufficient to meet its working capital requirements for at least one year from the date of the issuance of the accompanying consolidated financial statements. The Company continues to control its cash expenses as a percentage of expected revenue on an annual basis and thus may use its cash balances in the short-term to invest in revenue growth. Based on current internal projections, the Company believes it has and/or will generate sufficient cash for its operational needs, for at least one year from the date of issuance of the accompanying consolidated financial statements. Management is focused on growing the Company's existing product offering, as well as its customer base, to increase its revenues. The Company cannot give assurance that it can increase its cash balances or limit its cash consumption and thus maintain sufficient cash balances for its planned operations or future acquisitions. Future business demands may lead to cash utilization at levels greater than recently experienced. The Company may need to raise additional capital in the future. However, the Company cannot assure that it will be able to raise additional capital on acceptable terms, or at all. Subject to the foregoing, management believes that the Company has sufficient capital and liquidity to fund its operations for at least one year from the date of issuance of the accompanying consolidated financial statements.
Basis of Presentation
These interim condensed consolidated financial statements are unaudited and were prepared by the Company in accordance with generally accepted accounting principles in the United States of America (GAAP) and with the SEC's instructions to Form 10-Q and Article 10 of Regulation S-X.
8
The preparation of interim condensed consolidated financial statements requires management to make assumptions and estimates that impact the amounts reported. These interim consolidated condensed financial statements, reflect all adjustments, consisting of normal recurring accruals, necessary for a fair presentation of the Company's results of operations, financial position and cash flows for the interim periods ended September 30, 2021 and 2020; however, certain information and footnote disclosures normally included in our audited annual financial statements, as included in the Company's interim condensed consolidated financial statements on Form 10-Q, have been condensed or omitted pursuant to such SEC rules and regulations and accounting principles applicable for interim periods. It is important to note that the Company's results of operations and cash flows for interim periods are not necessarily indicative of the results of operations and cash flows to be expected for a full fiscal year or any other interim period. The information included in this Quarterly Report on Form 10-Q should be read in connection with the financial statements and accompanying notes included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2020.
Principles of Consolidation
The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Toughbuilt Industries UK Limited. All intercompany balances and transaction are eliminated.
Reclassifications
Certain amounts in the prior periods presented have been reclassified to conform to the current period financial statement presentation. These reclassifications have no effect on previously reported total assets or net loss.
NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Use of Estimates
The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the valuation of accounts and factored receivables, valuation of long-lived assets, accrued liabilities, notes payable and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
Cash
The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. The Company did
no
t have any cash equivalents at September 30, 2021 and December 31, 2020.
Accounts Receivable
Accounts receivable represent income earned from the sale of tools and accessories for which the Company has not yet received payment. Accounts receivable are recorded at the invoiced amount and adjusted for amounts management expects to collect from balances outstanding at period-end. The Company estimates the allowance for doubtful accounts based on an analysis of specific accounts and an assessment of the customer's ability to pay, among other factors. At September 30, 2021 and December 31, 2020,
no
allowance for doubtful accounts was recorded.
The Company accounts for the transfer of accounts receivable to a third party under a factoring type arrangement in accordance with Accounting Standards Codification ("ASC") 860,
"
Transfers and Servicing
". ASC 860 requires that several conditions be met in order to present the transfer of accounts receivable as a sale. Even though the Company has isolated the transferred (sold) assets and has the legal right to transfer its assets (accounts receivable), it does not meet the third test of effective control since its accounts receivable sales agreement with a third-party factor requires it to be liable in the event of default by one of its customers. Because it does not meet all three conditions, it does not qualify for sale treatment of its accounts receivable, and its debt thus incurred is presented as a secured loan liability, entitled "Factor loan payable," on its balance sheet. The Company recorded a sales discount of $
13,000
at September 30, 2021 and December 31, 2020.
Inventory
Inventory is valued at the lower of cost or net realizable value using the first-in, first-out method. The reported net value of inventory includes finished saleable products that will be sold or used in future periods. The Company reserves for obsolete and slow-moving inventory. At September 30, 2021 and 2020, there were
no
reserves for obsolete and slow-moving
inventory.
Inventory includes capitalized freight in and custom duty fees. The Company began capitalizing such fees to inventory during the three months ending September 30, 2021.
9
Property and Equipment
Property and equipment are recorded at cost, less accumulated depreciation. The Company provides for depreciation on a straight-line basis over the estimated useful lives which are as follows: furniture
5
years, computers
3
years, production equipment
5
years, automobiles and transportation
5
years, tooling and molds
3
years, application development
3
years, website design
4
years, and steelbox
5
years. Leasehold improvements are amortized over the shorter of the lease term or the estimated useful life of the related assets when they are placed into service. The Company evaluates property and equipment for impairment periodically to determine if changes in circumstances or the occurrence of events suggest the carrying value of the asset or asset group may not be recoverable. Maintenance and repairs are charged to operations as incurred. Expenditures which substantially increase the useful lives of the related assets are capitalized.
Long-lived Assets
In accordance with ASC 360, "
Property, Plant, and Equipment,
" the Company tests long-lived assets or asset groups for recoverability when events or changes in circumstances indicate that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant decreases in the market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and current expectation that the asset will more likely than not be sold or disposed of significantly before the end of its estimated useful life. Recoverability is assessed based on the carrying amount of the asset compared to the estimated future undiscounted cash flows expected to result from the use and the eventual disposal of the asset, as well as specific appraisal in certain instances. An impairment loss equal to the excess of the carrying value over the assets fair market value is recognized when the carrying amount exceeds the undiscounted cash flows. The impairment loss is recorded as an expense and a direct write-down of the asset.
No
impairment loss was recorded during the nine months ended September 30, 2021 and 2020.
Fair Value of Financial Instruments and Fair Value Measurements
The Company adheres to ASC 820, which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 applies to reported balances that are required or permitted to be measured at fair value under existing accounting pronouncements; accordingly, the standard does not require any new fair value measurements of reported balances.
ASC 820 emphasizes that fair value is a market-based measurement, not an entity-specific measurement. Therefore, a fair value measurement should be determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, ASC 820 establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity's own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy).
●
Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access.
●
Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates, and yield curves that are observable at commonly quoted intervals.
●
Level 3 inputs are unobservable inputs for the asset or liability, which is typically based on an entity's own assumptions, as there is little, if any, related market activity.
In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.
The fair value of the Company's warrant liability recorded in the Company's financial statements was determined using a Black-Scholes valuation methodology and the quoted price of the Company's common stock in an active market, a Level 3 measurement. Volatility was based on the actual market activity of the Company for the period in which the Company was public and it's peer group for the remaining period. The expected life was based on the remaining contractual term of the warrants, and the risk-free interest rate was based on the implied yield available on U.S. Treasury Securities with a maturity equivalent to the warrants' expected life.
The Company calculated the estimated fair value of warrants on the date of issuance and at each subsequent reporting date using the following assumptions:
For the Nine Months
Ended September 30,
2021
Risk-free interest rate
0.80
% -
0.98
%
Contractual term
4.75
–
5
years
Expected volatility
56.27
%
-
57.67
%
Level 3 Fair Value Sensitivity
Warrant liability
The table below provides a reconciliation of the balances for the warrant liability which is measured at fair value using significant unobservable inputs (Level 3):
Balance, January 1, 2021
$
—
Fair value of warrant liability at issuance (2021 Offering Warrants as defined and described in Note 6)
7,463,005
Change in the fair value of warrant liability
(
2,902,342
)
Balance, September 30, 2021
$
4,560,663
Revenue Recognition
The Company recognizes revenues when product is delivered to the customer, and the ownership is transferred. The Company's revenue recognition policy is based on the revenue recognition criteria established under the Financial Accounting Standards Board – Accounting Standards Codification 606
"Revenue From Contracts With Customers
" which has established a five-step process to govern contract revenue and satisfy each element is as follows: (1) Identify the contract(s) with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when or as you satisfy a performance obligation. The Company records the revenue once all the above steps are completed. See Note 7 for further information on revenue recognition.
Income Taxes
The Company accounts for income taxes following the asset and liability method in accordance with the ASC 740 "Income Taxes." Under such method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the consolidated financial statement carrying amounts of existing assets and liabilities and their respective tax bases. The Company applies the accounting guidance issued to address the accounting for uncertain tax positions. This guidance clarifies the accounting for income taxes, by prescribing a minimum recognition threshold a tax position is required to meet before being recognized in the financial statements as well as provides guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company classifies interest and penalty expense related to uncertain tax positions as a component of income tax expense. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years that the asset is expected to be recovered or the liability settled. A valuation allowance is provided when it is more likely than not that some portion or all of a deferred tax asset will not be realized. The ultimate realization of deferred tax assets depends on the generation of future taxable income during the period in which related temporary differences become deductible. The Company considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in its assessment of a valuation allowance.
During 2020, the Coronavirus Aid, Relief and Economic Security Act ("CARES Act") was passed, which temporarily removed 80% limitations on net operating loss carryforwards for the years 2019 and 2020.
The Company adopted FASB ASU 2019-12, "Income Taxes (Topic 740): Simplifying the Accounting of Income Taxes," as of January 1, 2021. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and also clarifies and amends existing guidance to improve consistent application. The adoption of this guidance did not have a material impact on its financial statements.
10
Stock Based Compensation
The Company accounts for stock-based compensation in accordance with ASC 718-10, "
Share-Based Payment
," which requires the measurement and recognition of compensation expense for all share-based payment awards made to employees and directors including employee stock options, restricted stock units, and employee stock purchases based on estimated fair values. In addition, as of January 1, 2020, the Company adopted Accounting Standards Update ("ASU") 2018-07,
Compensation – Stock Compensation (Topic 718), Improvements to Nonemployee Share-Based Payment Accounting
. This ASU simplified aspects of share-based compensation issued to non-employees by making the guidance consistent with accounting for employee share-based compensation. The adoption of this guidance did not have a material impact on the financial statements.
The Company estimates the fair value of stock options granted using the Black-Scholes option-pricing formula. This fair value is then amortized on a straight-line basis over the requisite service periods of the awards, which is generally the vesting period. The Company's determination of fair value using an option-pricing model is affected by the stock price as well as assumptions regarding the number of highly subjective variables.
The Company estimates volatility based upon the historical stock price of the comparable companies and estimates the expected term for employee stock options using the simplified method for employees and directors and the contractual term. The risk-free rate is determined based upon the prevailing rate of United States Treasury securities with similar maturities.
The Company recognizes forfeitures as they occur rather than applying a prospective forfeiture rate in advance.
Common Stock Purchase Warrants
The Company accounts for the common stock purchase warrants in accordance with the guidance contained in ASC 815-40, under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, the Company classifies the Warrants as liabilities at their fair value and adjusts the Warrants to fair value in respect of each reporting period. This liability is subject to re-measurement at each balance sheet date until the Warrants are exercised, and any change in fair value is recognized in the statements of operations.
Earnings (Loss) Per Share
The Company computes net earnings (loss) per share in accordance with ASC 260, "
Earnings per Share"
. ASC 260 requires presentation of both basic and diluted net earnings per share ("EPS") on the face of the statement of operations. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of warrants, convertible preferred stock and convertible debentures. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.
11
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021
2020
2021
2020
Net income (loss) computation of basic and diluted net income (loss) per common share:
Net income (loss)
$
(
9,094,707
)
$
120,835
$
(
22,570,791
)
$
(
6,152,982
)
Less: Redemption of Series D Preferred Stock deemed dividend
-
-
-
(
1,295,294
)
Net income (loss) attributable to common stockholders
$
(
9,094,707
)
$
120,835
$
(
22,570,791
)
$
(
7,448,276
)
Basic and diluted net income (loss) per share:
Basic and diluted net income (loss) per common share
$
(
0.07
)
0.00
.
(
0.25
)
(
0.32
)
Basic and diluted weighted average common shares outstanding
122,060,087
38,414,631
90,619,171
23,154,481
Potentially dilutive securities that are not included in the calculation of diluted net loss per share because their effect is anti-dilutive are as follows as of September 30, (in common equivalent shares):
2021
2020
Warrants
42,289,317
21,925,102
Series A & B Notes
-
213,105
Options and restricted stock units
203,135
197,193
Total anti-dilutive weighted average shares
42,492,452
22,335,400
No Segment Reporting
The Company operates
one
reportable segment referred to as th
e
tools segment. A single management team that reports to the Chief Executive Officer comprehensively manages the business. Accordingly, the Company does not have separately reportable segments.
Advertising
Advertising costs are expensed as incurred. Advertising expense for the three months ended September 30, 2021 and 2020 amounted to $
2,618,475
and $
467,982
, respectively. Advertising expense for the nine months ended September 30, 2021 and 2020, amounted to $
6,844,886
and $
952,416
, respectively.
Patents
Legal fees and similar costs incurred relating to patents are capitalized and are amortized over their estimated useful life once determined. Such costs amounted to $
333,403
as of September 30, 2021, and are included in other assets on the accompanying consolidated balance sheet.
Recent Accounting Pronouncements
As an emerging growth company, the Company has elected to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Securities and Exchange Act of 1934, as amended.
In February 2016, the FASB issued ASU 2016-02, "
Leases
(Topic 842)." The objective of this update is to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This ASU is effective
for
fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022 and is to be applied utilizing a modified retrospective approach. The Company is currently evaluating this guidance to determine the impact it may have on its financial statements.
In June 2016, the FASB issued ASU 2016-13, "Financial Instruments – Credit Losses ("Topic 326")". The ASU introduces a new accounting model, the Current Expected Credit Losses model ("CECL"), which requires earlier recognition of credit losses and additional disclosures related to credit risk. The CECL model utilizes a lifetime expected credit loss measurement objective for the recognition of credit losses at the time the financial asset is originated or acquired. ASU 2016-13 is effective for annual period beginning after December 15, 2022, including interim reporting periods within those annual reporting periods. The Company is currently evaluating this guidance to determine its impact it may have on its financial statements.
12
In August 2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity's Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity's Own Equity, which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception and simplifies the diluted earnings per share calculation in certain areas. The amendments in this ASU are effective for annual and interim periods beginning after December 15, 2021, although early adoption is permitted. The Company is in the process of evaluating the impact of this new guidance on its financial statements.
NOTE 3: FACTOR RECEIVABLES, LETTERS OF CREDIT PAYABLE AND LOAN PAYABLE
In April 2013, the Company entered into a financing arrangement with a third-party purchase order financing company (the "Factor"), whereby the Company assigned to the Factor selected sales orders from its customers in exchange for opening a letter of credit ("LC") with its vendors to manufacture its products.
The Company paid an initial fixed fee of 5% of the cost of products it purchased from the vendor upon opening the LC, and 1% each 30 days thereafter, after the LC is funded by the Factor until such time as the Factor receives the payment from the Company's customers.
The factoring agreement provides for full recourse against the Company for factored accounts receivable that are not collected by the Factor for any reason, and the collection of such accounts receivable is fully secured by substantially all of the receivables of the Company. The factoring advances for the LCs at September 30, 2021 and December 31, 2020 have been treated as a loan payable to third party in the accompanying balance sheets, and total outstanding accounts receivable factored, net of allowance for sales returns, discounts and rebates of $
13,000
as of September 30, 2021 and December 31, 2020, were $
0
and $
807,648
, respectively.
NOTE 4: PROPERTY AND EQUIPMENT, NET
Property and equipment consists of the following:
September 30,
2021
December 31,
2020
Furniture
$
738,928
$
183,672
Computers
850,841
586,749
Production equipment
245,713
182,446
Automobile and transportation
635,542
635,542
Tooling and molds
5,407,684
1,989,366
Application development
1,760,816
93,435
Website design
765,573
507,088
Leasehold Improvements
993,197
42,249
Steelbox
882,000
-
Less: accumulated depreciation
(
2,350,185
)
(
1,153,623
)
Property and Equipment, net
$
9,930,109
$
3,066,924
Depreciation and capitalized costs with respect thereto consists of the following:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021
2020
2021
2020
Depreciation expense
$
552,464
$
176,691
$
1,196,562
$
394,322
NOTE 5 – COMMITMENTS AND CONTINGENCIES
On January 3, 2017, the Company executed a non-cancellable operating lease for its principal office with the lease commencing February 1, 2017 for a five (
5
) year term. The Company paid a security deposit of $
29,297
. The lease required the Company to pay its proportionate share of direct costs estimated to be
22.54
% of the total property, a fixed monthly direct cost of $
6,201
for each month during the term of the lease, and monthly rental pursuant to the lease terms.
The Company entered into a lease for office space at 8669 Research Drive, in Irvine, CA, which is to replace the current corporate headquarters.
The lease commenced on December 1, 2019 with no rent due until April 1, 2020. From April 1, 2020 through March 31, 2025, base rent will be due on the first of each month in the amount of $
25,200
escalating annually on December 1 of each year to $
29,480
beginning December 1, 2023. The Company paid an initial amount of $
68,128
comprising the rent for April 2020
, a security deposit and the amount due for property taxes, insurance and association fees.
13
Future minimum lease and other commitments of the Company are as follows:
For the years ending
December 31,
Building leases
2021 (remaining)
$
126,637
2022
343,821
2023
341,653
2024
358,085
Thereafter
89,521
$
1,259,717
The Company recorded rent expense of $
211,672
and $
208,672
and $
650,605
and $
536,566
for the three and nine months ended September 30, 2021 and 2020, respectively. The Company recorded a slotting expense of $
83,334
and $
83,334
and $
250,002
and $
250,002
for the three and nine months ended September 30, 2021 and 2020, respectively.
Employment Agreements with Officers
On January 3, 2017, the Company entered into an employment agreement with its President and Chief Executive Officer for a
five-year
term. The officer received a sign-on-bonus of $
50,000
and was entitled to an annual base salary of $
350,000
to increase by
10
% each year commencing on January 1, 2018. The officer was also granted a stock option to purchase
125,000
shares of the Company's common stock at an exercise price of $
10.00
per share.
On January 3, 2017, the Company entered into an employment agreement with its Vice-President of Design and Development for a
five-year
term. Under the terms of this agreement, the officer received a sign-on-bonus of $
35,000
and is entitled to an annual base salary of $
250,000
beginning on December 1, 2016 to increase by
10
% each year commencing on January 1, 2018.
On January 3, 2017, the Company entered into an employment agreement with its Chief Operating Officer and Secretary for a
three-year
term. Under the terms of this agreement, the officer is entitled to an annual base salary of $
180,000
beginning on January 1, 2017 to increase by
10
% each year commencing on January 1, 2018.
The Company's former Chief Financial Officer was appointed on June 14, 2019, with whom the Company entered into a verbal consulting arrangement at $
10,000
per month. Effective July 2, 2020 such former Chief Financial Officer resigned from the Company.
Effective July 1, 2020, the Company and the Chief Financial Officer agreed to a salary of $
230,000
per annum.
The employment agreements also entitle the officers to receive, among other benefits, the following compensation: (i) eligibility to receive an annual cash bonus at the sole discretion of the Board and as determined by the Compensation Committee commensurate with the policies and practices applicable to other senior executive officers of the Company; (ii) an opportunity to participate in any stock option, performance share, performance unit or other equity based long-term incentive compensation plan commensurate with the terms and conditions applicable to other senior executive officers and (iii) participation in benefit plans, practices, policies and programs provided by the Company (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent available to the Company's other senior executive officers.
14
Litigation Costs and Contingencies
From time to time, the Company may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. Litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm business. Other than as set forth below, management is currently not aware of any such legal proceedings or claims that could have, individually or in the aggregate, a material adverse effect on our business, financial condition, or operating results.
In the normal course of business, the Company incurs costs to hire and retain external legal counsel to advise it on regulatory, litigation and other matters. The Company expenses these costs as the related services are received. If a loss is considered and the amount can be reasonable estimated, the Company recognizes an expense for the estimated loss.
Edwin Minassian v. Michael Panosian and Toughbuilt Industries, Inc., Los Angeles Superior Court Case No. EC065533.
On August 16, 2016, Plaintiff Edwin Minassian filed a complaint against Defendants ToughBuilt Industries, Inc. (the "Company") and Michael Panosian in the Superior Court of California, County of Los Angeles, Case No. EC065533. The complaint alleges breach of oral contracts to pay Plaintiff for consulting and finder's fees, and to hire him as an employee. The complaint further alleged claims of fraud and misrepresentation relating to an alleged payment in exchange for stock in the Company. The complaint seeks unspecified monetary damages, declaratory relief, stock in the Company, and other relief according to proof.
On April 12, 2018, the Court entered judgments of default against the Company and Mr. Panosian in the amounts of $
7,080
and $
235,542
, plus awarding Mr. Minassian a
7
% ownership interest in the Company (the "Judgments"). Mr. Minassian served notice of entry of the judgments on April 17, 2018 and the Company and Mr. Panosian received notice of the entry of the default judgments on April 19, 2018.
The Company and Panosian satisfied the judgments on September 14, 2018 by payment of $
252,949
to Plaintiff Minassian and by issuing Plaintiff Minassian
376,367
shares of common stock of the Company. On October 18, 2018, the Company and Panosian filed a Notice of Appeal from the Order denying their motion for relief from the above-referenced default judgment.
On October 1, 2019, the Second Appellate District of the California Court of Appeal issued its opinion reversing the trial court's order denying ToughBuilt's motion for relief from the default judgment and directing the trial court to grant ToughBuilt's motion for relief, including allowing Toughbuilt to file an Answer and contest Minassian's claims.
The appellate court recently issued a remittitur officially transferring the matter from the appellate court back to the trial court for further proceedings consistent with its ruling, and the Company and Panosian have filed an Answer to the Complaint. The trial court has not yet set a trial date, and discovery in this case is just now beginning. The Company intends to vigorously defend the Complaint and seek to recover the compensation and stock previously paid to satisfy the now vacated default judgment. The Company believes it has a strong position, but cannot quantify the likelihood that it will prevail in the above litigation, or any likely liability or recoveries, because of the current status of the case and the unpredictability of litigation.
15
Minassian seeks damages and stock based on a breach of an alleged oral agreement. Discovery is presently ongoing. In addition, Plaintiff Minassian is in violation of a court order for restitution and the Company is engaged in collection efforts to enforce that order. A trial date has been set for April 25, 2022.
Design 1
st
v. Toughbuilt Industries, Inc., American Arbitration Association
On November 26, 2019, Claimant Design 1
st
filed a Demand for Arbitration against the Company seeking $
169,094
in damages, plus attorney's fees and costs. Claimant contends the Company breached a written contract by failing to pay for design services. The Company filed a Cross-Demand for Arbitration against Claimant seeking $
394,956
in damages, plus attorney's and costs alleging Claimant breached the same contract by performing negligent services, failing to meets its obligations under the contract, and fraudulent billing.
The arbitration hearing occurred in April 2021. On July 14, 2021, the arbitrator concluded that neither party was entitled to prevail on their respective claims and rejected all counterclaims. Both parties are required to bear all fees and incurred in connection with the arbitration.
NOTE 6: STOCKHOLDERS' EQUITY
At September 30, 2021 and December 31, 2020, the Company had
200,000,000
shares of common stock, and
4,268
shares of Series C preferred stock authorized, both with a par value of $
0.0001
per share. In addition, as of September 30, 2021 and December 31, 2020, the Company had
5,775
shares of Series D preferred stock, authorized, and
15
Series E Non-Convertible preferred stock, with a par value of $
1,000
and $
0.001
per share, respectively.
Common Stock and Preferred Stock
On February 24, 2020, the Company closed on the public offering of
0.445
million shares of its common stock, for gross proceeds of $
912,250
based upon the overallotment option arising from the closing of its January 28, 2020 public offering. In the January 28, 2020 public offering, the Company sold
4.5
million shares of its common stock and
49.45
million warrants (each exercisable into 1/20 of a share of common stock for a total of
2.4725
million shares of common stock) from which it received gross proceeds of $
9,472,250
.
On June 12, 2020, the Company closed on the public offering of
1.7
million shares of its common stock, for gross proceeds of $
1,683,000
based upon the overallotment option arising from the closing of its June 2, 2020 public offering. In the June 2, 2020 public offering, the Company sold
19
million shares of its common stock and
20.7
million warrants from which it received gross proceeds of $
19,017,000
.
During 2020,
1,268
shares of Series C Preferred Stock converted into
126,800
shares of the Company's common stock and
3,563
shares of Series D Preferred Stock converted into
3,141,426
shares of the Company's common stock.
During 2020, $
3,200,000
principal amount of Notes was converted into the Company's common Stock
During 2020, the Company granted
360,000
shares of common stock to consultants in consideration for services rendered.
16
On January 19, 2021, the Company filed a prospectus supplement dated January 15, 2021 (the "ATM Prospectus Supplement") to the shelf registration statement Form S-3 (File No. 333-251185) declared effective by the SEC on December 15, 2020 (the "First Form S-3") for the offer and sale shares of common stock having an aggregate value of $
8,721,746
from time to time through H.C. Wainwright & Co., LLC, as sales agent ("Wainwright"), pursuant to At The Market Offering Agreement, dated December 7, 2020 (the "ATM Agreement"), between the Company and Wainwright. During January 2021, the Company has raised approximately $
16,200,000
through the sale of
14.9
million shares of the Company's common stock.
On February 2, 2021, the Company filed a second registration statement on Form S-3 (File No. 333-252630) (the "Second Form S-3") containing a base prospectus covering the offering, issuance and sale by us of up to $
100,000,000
of the Company's common stock, preferred stock, warrants and units; and a sales agreement prospectus covering the offering, issuance and sale by us of up to a maximum aggregate offering price of $
100,000,000
(which amount was included in the aggregate offering price set forth in the base prospectus) of the Company's common stock that may be issued and sold under a second At The Market Offering Agreement, dated February 1, 2021, we entered into with Wainwright, as sales agent. The Second Form S-3 was declared effective by the SEC on February 8, 2021.
From February 2021 to July 2021, the Company sold an aggregate of
18,826,177
shares of common stock through the Wainwright under the Second S-3 with net proceeds of $
24,602,110
, after deducting underwriting discounts and expense.
On March 26, 2021, the Company filed with the Nevada Secretary of State a certificate of designation therein establishing the Series E Preferred Stock consisting of fifteen (15) shares, and the Company issued nine (
9
) shares of such preferred stock to an institutional investor pursuant to an exchange agreement, dated November 20, 2020, between the Company and the investor.
On July 11, 2021, the Company entered into a Securities Purchase Agreement, dated July 11, 2021 (the "Agreement") with several institutional and accredited investors (the "Purchasers") pursuant to which the Company agreed to issue and sell in a registered direct offering (the "Offering") an aggregate of
46,029,920
shares (the "Shares") of its common stock and warrants (the "Warrants") to purchase up to an aggregate of
23,014,960
shares of common stock at a combined offering price of $
0.869
per share and accompanying warrant, for gross proceeds of approximately $
40,000,000
. The Warrants have an exercise price equal to $
0.81
per share, and are immediately exercisable until the fifth anniversary of the date of issuance.
The net proceeds to the Company from the Offering were $
36,259,050
, after deducting placement agent fees and expenses payable by the Company. The Offering closed on July 14, 2021.
Pursuant to an engagement letter, dated July 10, 2021 (the "Engagement Letter"), with H.C. Wainwright & Co., LLC (the "Placement Agent"), the Company agreed to pay the Placement Agent a cash fee equal to
7.0
% of the gross proceeds received in the Offering and a management fee equal to
0.5
% of the gross proceeds received in the Offering. The Company also agreed to pay the Placement Agent $
25,000
for non-accountable expenses, up to $
50,000
for fees and expenses of legal counsel and other reasonable and customary out of-pocket expenses, and $
15,950
for clearing fees.
Also pursuant to the Engagement Letter, the Company, in connection with the Offering, issued to the Placement Agent or its designees warrants to purchase an aggregate of
2,761,795
shares of its
common stock (which represents 6.0% of the Shares sold to investors in the Offering) at an exercise price equal to 125% of the offering price in the offering, or $
1.08625
(the "Placement Agent Warrants"). The Placement Agent Warrants are immediately exercisable until the fifth anniversary of the commencement of sales of the offering.
The Shares sold under the Agreement, the issuance of the Warrants and the Placement Agent Warrants, and the shares issuable pursuant to the Warrants and the Placement Agent Warrants (the "Warrant Shares") were offered and sold by through a prospectus supplement included in the Company's Second Form S-3 (as defined above).
17
Warrants
Placement Agent Warrants
The Company has issued an aggregate of
24,758
warrants to the placement agents to purchase one share of its common stock per warrant at an exercise price of $
120
per share for
4,758
warrants and $
10
for
20,000
warrants. The warrants issued in its October 2016 Private Placement shall expire on
October 17, 2021
, and the warrants issued in its March 2018 Private Placement, May 2018 Private Placement and August 2018 Financing shall expire on
September 4, 2023
. The exercise price and number of shares of common stock or other securities issuable on exercise of such warrants are subject to customary adjustment in certain circumstances, including in the event of a stock dividend, recapitalization, reorganization, merger or consolidation of the Company.
As of September 30, 2021 and December 31, 2020,
20,000
warrants issued to the placement agents at an exercise price of $
10
and
4,437
at an exercise price of $
120
are outstanding and are currently exercisable.
Class B Warrants
The holders of the Class B Warrants did not exercise any of their warrants during the nine months ended September 30, 2021. Class B Warrants have an exercise price of $
120.00
per share and shall expire between October 17, 2021 and May 15, 2023.
As of September 30, 2021 and December 31, 2020, the Company had
26,550
Class B Warrants issued and outstanding.
Series A Warrants and Series B Warrants
On January 24, 2019, the Company entered into an exchange agreement with two institutional investors pursuant to which these investors exercised Series A Warrants to purchase
42,412
shares of the Company's common stock for total cash proceeds of $
2,172,680
to the Company, net of costs of $
159,958
. The two investors also exchanged Series A Warrants to purchase
50,894
shares of its common stock into
50,894
shares of its common stock and received new warrants to purchase an aggregate of 933,056 shares of its common stock. These new warrants have terms substantially similar to the terms of the Company's Series A Warrants, except that the per share exercise price of the new warrants is $
36.70
, and the warrants are not exercisable until July 24, 2019, the six-month anniversary of the date of issuance.
Each warrant expires on the fifth anniversary of the original issuance date.
As of September 30, 2021 and December 31, 2020, the Company had
519,001
Series A Warrants issued and outstanding.
2020 Offering Warrants
In the January 28, 2020 public offering,
the Company sold
49.45
million warrants (each exercisable into 1/20
th
of a share of common stock for a total of 2.4725 million shares of common stock).In the June 2, 2020 public offering,
the Company sold 20.7 million warrants (each exercisable into 1 share of common stock for a total of
20.7
million shares of common stock.)
Each warrant expires on the fifth anniversary of the original issuance date. During the nine months ended September 30, 2021,
5,412,540
warrants were converted to common stock.
As of September 30, 2021, the Company had
15,367,574
2020 Offering Warrants issued and outstanding.
2021 Offering Warrants
In the July 11, 2021 offering, the Company sold
23,014,960
warrants (each exercisable into
1
share of common stock) at an exercise price equal to $0.81 per share, and are immediately exercisable until the fifth anniversary of the date of issuance. In connection with the offering the Company issued to the Placement Agent or its designees warrants to purchase an aggregate of
2,761,795
shares of its common stock at an exercise price equal to
125
% of the offering price in the offering, or $
1.08625
(the "2021 Placement Agent Warrants"). The 2021 Placement Agent Warrants are immediately exercisable until the fifth anniversary of the commencement of sales of the offering.
As of September 30, 2021, the Company had
23,014,960
and
2,761,795
, 2021 Offering Warrants and 2021
Placement Agent Warrants issued and outstanding, respectively. The total fair value of such warrants amounted to $
7,463,005
and $
4,560,663
upon issuance, and September 30, 2021, respectively, and is included in warrant liabilities on the accompanying condensed consolidated balance sheets.
Exchange
As disclosed in Note 9, on November 20, 2020, the Company and the investor entered into an exchange agreement and issued a warrant to purchase up to an aggregate of
575,000
shares of the Company's common stock for $
1.00
per share which expire on
August 20, 2024
. As of September 30, 2021, such warrant was outstanding.
Equity Incentive Plans
The 2016 Equity Incentive Plan
The 2016 Equity Incentive Plan (the "2016 Plan") was adopted by the Board of Directors and approved by the shareholders on July 6, 2016. The awards per 2016 Plan may be granted through July 5, 2026 to the Company's employees, consultants, directors and non-employee directors provided such consultants, directors and non-employee directors render good faith services not in connection with the offer and sale of securities in a capital-raising transaction. The maximum number of shares of our common stock that may be issued under the 2016 Plan is
200,000
shares, which amount will be (a) reduced by awards granted under the 2016 Plan, and (b) increased to the extent that awards granted under the 2016 Plan are forfeited, expire or are settled for cash (except as otherwise provided in the 2016 Plan). No employee will be eligible to receive more than
12,500
shares of common stock in any calendar year under the 2016 Plan pursuant to the grant of awards.
18
On January 3, 2017, the Board of Directors of the Company approved and granted to the President/Chief Executive Officer of the Company, an option to purchase
12,500
shares of the Company's Common Stock ("Option") under the Company's 2016 Plan. The Option will have an exercise price that is no less than $
100.00
per share and will vest over four (
4
) years, with
25
% of the total number of shares subject to the Option vesting on the one (1) year anniversary of the date of grant and, the remainder vesting in equal installments on the last day of each of the thirty-six (36) full calendar months thereafter. Vesting will depend on the Officer's continued service as an employee with the Company and will be subject to the terms and conditions of the 2016 Plan and the written Stock Option Agreement governing the Option. As of December 31, 2018, the Company estimated the fair value of the options using the Black-Scholes option pricing model was $
448,861
. The Company recorded compensation expense of $
28,054
for the three months ended
September
30, 2020 and $
84,161
for the nine months ended
September
30, 2020.
The key valuation assumptions used consist, in part, of the price of the Company's common stock of $
3.060
at the issuance date; a risk-free interest rate of
1.72
% and the expected volatility of the Company's common stock of
315.83
% (estimated based on the common stock of comparable public entities). As of September 30, 2021, there was
no
unrecognized compensation expense.
The 2018 Equity Incentive Plan
Effective July 1, 2018, the Board of Directors and the stockholders of the Company approved and adopted the Company's 2018 Equity Incentive Plan (the "2018 Plan"). The 2018 Plan supplements, and does not replace, the existing 2016 Equity Incentive Plan. Awards may be granted under the 2018 Plan through September 30, 2023 to the Company's employees, officers, consultants, and non-employee directors. The maximum number of shares of our common stock that may be issued under the 2018 Plan is 3.5 million (
3,500,000
) shares, which amount will be (a) reduced by awards granted under the 2018 Plan, and (b) increased to the extent that awards granted under the 2018 Plan are forfeited, expire or are settled for cash (except as otherwise provided in the 2018 Plan). Currently,
no employee will be eligible to receive more than
350,000
shares of common stock (
10
% of authorized shares under the 2018 Plan) in any calendar year under the 2018 Plan pursuant to the grant of awards.
When the Board first adopted the 2018 Plan on July 1, 2018, there were
100,000
shares authorized for issuance under the 2018 Plan. On September 12, 2018, the Board of Directors approved to increase the number of shares of common stock reserved for future issuance under the 2018 Plan from
100,000
shares to
200,000
shares. On June 9, 2019, the Board of Directors approved to increase the authorized shares under the 2018 Plan to 2 million (
2,000,000
) shares. On February 14, 2020, the Board of Directors approved to increase the number of shares of common stock reserved for future issuance under the 2018 plan to 3.5 million (3,500,000) shares. On September 14, 2018,
100,000
shares of common stock underlying awards under the 2018 Plan were granted to the employees and officers,
25
% vesting immediately on the date of grant and
25
% vesting each year thereafter on the three subsequent anniversaries of the grant date. The Company estimated the fair value of the options using the Black-Scholes option pricing model was $
1,241,417
. The key valuation assumptions used consist, in part, of the price of the Company's common stock at $
3.90
or $
4.29
at the issuance date; a risk-free interest rate ranging of
1.9
% and the expected volatility of the Company's common stock ranging from of
40
% (estimated based on the common stock of comparable public entities)
On April 4, 2020, the Company granted
90,635
restricted stock units to two officers of the Company. These units have the following vesting term:
33
% on January 1, 2021,
34
% on January 1, 2022 and
33
% on January 1, 2023. The fair value of these units as of granted date was $
144,110
based upon the closing price of the Company's stock.
The Company recorded compensation expense of $
69,371
and $(
36,370
) for the three months ended September 30, 2021 and 2020, respectively. The Company recorded compensation expense of $
232,447
and $
231,512
for the nine months ended September 30, 2021 and 2020, respectively As of September 30, 2021, the unrecognized compensation expense was $
65,504
which will be recognized as compensation expense over
1.27
years.
19
NOTE 7: REVENUE RECOGNITION AND RESERVE FOR SALES RETURNS AND ALLOWANCES
The Company's contracts with customers only include one performance obligation (i.e., sale of the Company's products). Revenue is recognized in the gross amount at a point in time when delivery is completed and control of the promised goods is transferred to the customers. Revenue is measured as the amount of consideration the Company expects to be entitled to in exchange for those goods. The Company's contracts do not involve financing elements as payment terms with customers are less than one year. Further, because revenue is recognized at the point in time goods are sold to customers, there are no contract asset or contract liability balances. The Company does not disclose remaining performance obligations related to contracts with durations of one year or less as allowed by the practical expedient applicable to such contracts.
The Company disaggregates its revenues by major geographic region. See Note 8, Concentrations, Geographic Data, and Sales by Major Customers, for further information.
The Company accounts for fees paid to Amazon for products sold through its Amazon Stores as operating expense.
The Company offers various discounts, pricing concessions, and other allowances to customers, all of which are considered in determining the transaction price. Certain discounts and allowances are fixed and determinable at the time of sale and are recorded at the time of sale as a reduction to revenue. Other discounts and allowances can vary and are determined at management's discretion (variable consideration). Specifically, the Company occasionally grants discretionary credits to facilitate markdowns and sales of slow-moving merchandise, and consequently accrues an allowance based on historic credits and management estimates. Further, the Company allows sales returns, consequently records a sales return allowance based upon historic return amounts and management estimates. These allowances (variable consideration) are estimated using the expected value method and are recorded at the time of sale as a reduction to revenue. The Company adjusts its estimate of variable consideration at least quarterly or when facts and circumstances used in the estimation process may change. The variable consideration is not constrained as the Company has sufficient history on the related estimates and does not believe there is a risk of significant revenue reversal.
The Company also participates in cooperative advertising arrangements with some customers, whereby it allows a discount from invoiced product amounts in exchange for customer purchased advertising that features the Company's products. Generally, these allowances range from
2
% to
5
% of gross sales and are generally based upon product purchases or specific advertising campaigns. Such allowances are accrued when the related revenue is recognized. These cooperative advertising arrangements provide a distinct benefit and fair value, and are accounted for as direct selling expenses.
Sales commissions are expensed when incurred as the related revenue is recognized at a point in time and therefore, the amortization period is less than one year. As a result, these costs are recorded as direct selling expenses, as incurred.
The Company has also elected to adopt the practical expedient related to shipping and handling fees which allows the Company to account for shipping and handling activities that occur after control of the related good transfers as fulfillment activities instead of assessing such activities as performance obligations. Therefore, shipping and handling activities are considered part of the Company's obligation to transfer the products and therefore are recorded as direct selling expenses, as incurred
During 2020, the Company incurred costs to obtain a contract. Such costs amounted to $
853,412
. The Company expects to recover those costs through future revenue during the period of the contract. The Company amortized these costs over one year which is the stated term of the contract.
The Company's reserve for sales returns and allowances amounted to $
13,000
as of September 30, 2021 and December 31, 2020.
NOTE 8: CONCENTRATIONS
Concentration of Purchase Order Financing
The Company used a third-party financing company for the quarters ended September 30, 2021which provided letters of credit to vendors for a fee against the purchase orders received by the Company for sale of products to its customers. The letters of credit were issued to the vendors to manufacture Company's products pursuant to the purchase orders received by the Company.
20
Concentration of Customers
For the three and nine months ended September 30, 2021 and 2020, respectively, the Company had the following concentrations of customers:
Percentage of
Percentage of
revenues for the
revenues for the
Percentage of accounts
Three Months Ended
Nine Months Ended
receivables as of
September 30,
September 30,
September 30,
December 31,
2021
2020
2021
2020
2021
2020
Customer 1
12
%
14
%
9
%
16
%
8
%
16
%
Customer 2
10
%
5
%
9
%
10
%
10
%
8
%
Customer 3
15
%
11
%
16
%
15
%
9
%
6
%
Customer 4
35
%
49
%
36
%
30
%
40
%
39
%
Concentration of Suppliers
For the three and nine months ended September 30, 2021 and 2020, respectively, the Company had the following concentrations of suppliers:
Percentage of
Percentage of
purchases for the
purchases for the
Percentage of accounts
Three Months Ended
Nine Months Ended
payable as of
September 30,
September 30,
September 30,
December 31,
2021
2020
2021
2020
2021
2020
Supplier 1
29
%
30
%
33
%
26
%
24
%
16
%
Supplier 2
28
%
13
%
21
%
19
%
22
%
14
%
Supplier 3
11
%
13
%
11
%
13
%
9
%
6
%
Supplier 4
0
%
12
%
0
%
17
%
0
%
18
%
Supplier 5
10
%
0
%
5
%
0
%
8
%
2
%
Supplier 6
4
%
0
%
14
%
0
%
3
%
0
%
Concentration of Credit Risk
The Company maintains its cash in bank and financial institution deposits that at times may exceed federally insured limits. The Company has not experienced any losses in such accounts through September 30, 2021 and 2020. The Company's bank balances exceeded FDIC insured amounts at times during the nine months ended September 30, 2021 and 2020. The Company's bank balance exceeded the FDIC insured amounts as of September 30, 2021 by approximately $
31
million.
21
Geographic Concentration
For the three and nine months ended September 30, 2021 and 2020, respectively, the Company had the following geographic concentrations:
Percentage of
revenues for the
Percentage of
revenues for the
Percentage of accounts
Three Months Ended
Nine Months Ended
receivables as of
September 30,
September 30,
September 30,
December 31,
2021
2020
2021
2020
2021
2020
Australia
0
%
2
%
2
%
3
%
0
%
2
%
Canada
3
%
4
%
4
%
5
%
6
%
5
%
Europe
5
%
4
%
9
%
3
%
4
%
3
%
United States of America
80
%
85
%
78
%
80
%
78
%
82
%
Other
12
%
5
%
7
%
9
%
12
%
8
%
NOTE 9: SENIOR SECURED CONVERTIBLE NOTES
On August 19, 2019, the Company entered int
o
a Securities Purchase Agreement with an institutional investor pursuant to which it sold $
11.5
million aggregate principal amount of promissory notes (at an aggregate original issue discount of
15
%) to the investor in a transaction exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended. The first note (the "Series A Note") has a face amount of $
6.72
million for which the investor paid $
5
million in cash. The second note (the "Series B Note" and with the Series A Note, collectively referred to as the "Notes") has a principal amount of $
4.78
million for which the investor paid $
4.78
million in the form of a full recourse promissory note issued by the investor to the Company (the "Investor Note") secured by $4.78 million in cash or cash equivalents of the investor (i.e., an original issue discount of approximately
15
% to the face amount of the Series B Note). No portion of the Series B Note may be converted into shares of our common stock (the "Common Stock") until the corresponding portion of the Investor Note has been prepaid to the Company in cash, at which point in time such portion of the Series B Note shall be deemed "unrestricted".
The Investor Note is subject to optional prepayment at any time at the option of the investor and mandatory prepayment, at the Company's option, subject to certain equity conditions, at any time 45 Trading Days after the effectiveness of a resale registration statement (or otherwise the applicability of Rule 144 promulgated under the Securities Act of 1933, as amended). Notwithstanding the foregoing, the Company may not effect a mandatory prepayment if the shares underlying the Series A Note and the portion of the Series B Note that has become unrestricted exceeds 35% of the market capitalization of the Company.
During 2020, the Company received $
3,000,000
in connection with the Investor Note.
The Notes are senior secured obligations of the Company secured by a lien on all assets of the Company, bear no interest (unless an event default has occurred and is continuing) and mature on
December 31, 2020
. The Notes will be convertible at $1.00 into a fixed number of shares (the "Conversion Shares"). The Notes are convertible at the Holder's option, in whole or in part, at any time after closing. The Conversion Price will be subject to adjustment for stock dividends, stock splits, anti-dilution and other customary adjustment events.
The Company shall repay the Principal Amount of the Notes in 12 installments, with the first installment starting on February 1, 2020 (each, an "Installment Date"). Installments 1-3 shall be 1/36th of the Principal Amount, Installments 4-6 shall be 1/18th of the Principal Amount and Installments 7-12 shall be 1/8th of the Principal Amount. The repayment amount shall be payable in cash, or, subject to the satisfaction of equity conditions, at the option of the Company, in registered Common Stock or a combination of cash and registered Common Stock.
However, if the 30-day volume weighted average price of the Common Stock (the "VWAP") of the Company falls below
50
% of the market price of a share of the Company's common stock or the Company fails to satisfy certain other equity conditions, the repayment amount is payable in shares of Common Stock only unless the Investor(s) waive any applicable equity condition. If the Company elects to satisfy all or any portion of an installment in shares of Common Stock, the Company will pre-deliver such shares of Common Stock to the investor on the 23rd trading day prior to the applicable Installment Date, with a true-up of shares (if necessary) on the Installment Date. Any excess shares of Common Stock shall be applied to subsequent installments.
22
The shares used to meet a Principal Repayment ("Installment Shares") would be valued at a conversion price calculated as the lesser of (i)
85
% of the arithmetic average of the three lowest daily VWAPs of the
20
trading days prior to the payment date or (ii) 85% of the VWAP of the trading day prior to payment date ("Installment Price") with a floor of $0.10.
All amortization payments shall be subject to the Investors' right to (a) defer some or all of any Installment Payment to a subsequent Installment Date; and (b) at any time during an installment period, convert up to four times the installment amount at the Installment Price; provided shares received pursuant to such accelerated conversions shall be subject to a leak-out provision that solely limits sales of such shares received by the investor in such accelerated conversion (and not any other sales) to the greater of (a) $
500,000
per trading day or (b)
40
% of the volume traded on a given day as reported by Bloomberg LP.
Upon completion of a Change of Control, the Holders may require the Company to purchase any outstanding Notes in cash at 125% of par plus accrued but unpaid interest. The Company shall have the right to redeem any and all amounts of the outstanding Note at
125
% of the greater of (a) Principal Amount plus accrued but unpaid interest (if any), or (b) Conversion Value plus accrued but unpaid interest (if any) provided the Company has satisfied certain equity conditions. The Company must give the Investor(s) ninety (90) business days' prior notice of any such redemption.
Prior to all outstanding amounts under the Note being repaid in full, the Company will not create any new encumbrances on any of its or its subsidiaries' assets without the prior written consent of the Lender, with a carve out for a working capital facility of which the details are to be determined. The Notes shall also be subject to standard events of default and remedies therefor.
The Company filed a registration statement ("Effectiveness Date") on Form S-1 (file No: 333-233655) covering the resale of the shares underlying the Series A Note, the Series B Note and Warrants which was declared effective by the SEC on October 15, 2019.
In connection with the granting of the Notes, the Company shall issue detachable warrants to the Investor, exercisable in whole or in part at any time during the five years from the date of issuance, in amount equal to
50
% of the conversion shares underlying the Notes and have an exercise price of $
1.00
per share. To the extent the Company has a change of control or a spinoff, the warrants provide for a put for the warrants to the Company at their Black- Scholes Valuation. The value of the warrants amounted to $
575,000
and was recoded as debt discount in the accompanying balance sheet.
Until the 3 year anniversary of the maturity date, the investor shall have the right (but not the obligation) to participate in 50% of any subsequent equity or debt issuance.
Consummation of the transaction has been subject to certain conditions precedent, including the Company agrees to procure an approval of this transaction at its annual shareholder meeting scheduled no later than 180 days after the Closing Date and agrees to procure voting agreements from principal shareholders prior to closing of the Company.
On December 23, 2019, the Company entered into an exchange agreement with an institutional investor pursuant to which the investor is exchanging $
5.5
million principal amount of its August 19, 2019 Series A Senior Secured Note for
5,775
shares of its Series D Preferred Stock, which was authorized by the Company's Board of Directors on December 21, 2019.
During the year ended December 31, 2020, the Company received $
3,000,000
in connection with the Investor Note. Also, during the year ended December 31, 2020, $
3,200,000
principal amount of Notes was converted into common stock.
On November 20, 2020, the Company and the investor entered into an exchange agreement (the "Exchange Agreement") whereas the investor exchanged the balance of $
2,131,050
of outstanding Notes for the following: an aggregate cash payment of $
744,972
, an aggregate of
1,850,000
shares of the Company's common stock, a warrant to purchase up to an aggregate of
575,000
shares of the Company's common stock for $
1.00
per share, and nine shares of Series E Non-Convertible Preferred Stock of the Company. The Series E Preferred Stock was issued in March 2021. In addition, the Company relinquished their note receivable of $
1,480,000
owed from the investor. As a result of this transaction, the Company recorded a loss of $
1,810,712
.
During April 2020, the Company entered into a promissory note with an approved lender in the principal amount of $
399,300
.
The note was approved under the provisions of the Coronavirus, Aid, Relief and Economic Security Act (the "CARES Act") and the terms of the Paycheck Protection Program of the U.S. Small Business Administration's 7(a) Loan Program ("PPP Loan"). The Company repaid the PPP Loan in full during June 2020.
NOTE 10: SUBSEQUENT EVENTS
Management has evaluated subsequent events through the date which the condensed consolidated financial statements were issued noting that there were no items that would impact the accounting for events or transactions in the current period or require additional disclosures.
23
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
.
The following discussion and analysis is intended to help investors understand our business, financial condition, results of operations, liquidity, and capital resources. You should read this discussion together with our consolidated financial statements and related notes thereto included elsewhere in this Form 10-Q and in conjunction with the Company's Form 10-K for the year ended December 31, 2020. All common share and per common share numbers have been retroactively adjusted to reflect the 1-for-10 reverse stock split effected on April 15, 2020.
FORWARD LOOKING STATEMENTS
This Quarterly Report on Form 10-Q contains "forward-looking statements," which include information relating to future events, future financial performance, financial projections, strategies, expectations, competitive environment and regulation. Words such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar expressions, as well as statements in future tense, identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. Forward-looking statements are based on information we have when those statements are made or management's good faith belief as of that time with respect to future events and are subject to significant risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to:
●
the impact of the worldwide COVID-19 pandemic and government actions, on our business;
●
supply chain disruptions;
●
our limited operating history;
●
our ability to manufacture, market and sell our products;
●
our ability to maintain or protect the validity of our U.S. and other patents and other intellectual property;
●
our ability to launch and penetrate markets;
●
our ability to retain key executive members;
●
our ability to internally develop new inventions and intellectual property;
●
interpretations of current laws and the passages of future laws; and
●
acceptance of our business model by investors.
24
The foregoing does not represent an exhaustive list of matters that may be covered by the forward-looking statements contained herein or risk factors that we are faced with that may cause our actual results to differ from those anticipate in our forward-looking statements.
Moreover, new risks regularly emerge and it is not possible for our management to predict or articulate all risks we face, nor can we assess the impact of all risks on our business or the extent to which any risk, or combination of risks, may cause actual results to differ from those contained in any forward-looking statements. All forward-looking statements included in this Quarterly Report on Form 10-Q are based on information available to us on the date of this Quarterly Report on Form 10-Q. Except to the extent required by applicable laws or rules, we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements contained above and throughout this Quarterly Report on Form 10-Q.
Company History
Our Company was incorporated on April 9, 2012 as Phalanx, Inc., in the state of Nevada and changed its name to ToughBuilt Industries, Inc. on December 29, 2015.
Business Overview
We were formed to design, manufacture, and distribute innovative tools and accessories to the building industry. We market and distribute various home improvement and construction product lines for both do-it-yourself ("DIY") and professional markets under the TOUGHBUILT® brand name, within the global multibillion dollar per year tool market. All of our products are designed by our in-house design team. Since our initial launch of product sales seven years ago, we have experienced annual sales growth from approximately $1,000,000 in 2013 to $20,000,000 in 2019 (or $19,090,071 net of allowances).
Since August 2013, pursuant to a Service Agreement, we have been collaborating with Belegal, a Chinese firm, whose team of experts has provided ToughBuilt with additional engineering, sourcing services, and quality control support for our operations in China. Belegal assists us with supply-chain management (process and operations in China) for our operations in China, among other things, facilitating the transmission of our purchase orders to our suppliers in China, conducting "in-process" quality checking and inspection, and shipping end-products manufactured in China to their final destinations. In accordance with the agreement, we pay all of the monthly costs for payroll, overhead and other operation expenses associated with the Belegal's activities on behalf of ToughBuilt.
Our business is currently based on development of innovative and state of the art products, primarily in tools and hardware category, with particular focus on building and construction industry with the ultimate goal of making life easier and more productive for contractors and workers alike. Our current product line includes two major categories related to this field, with several additional categories in various stages of development, consisting of Soft Goods and Kneepads and Sawhorses and Work Products.
ToughBuilt designs and manages its product life cycles through a controlled and structured process. We involve customers and industry experts from our target markets in the definition and refinement of our product development. Product development emphasis is placed on meeting and exceeding industry standards and product specifications, ease of integration, ease of use, cost reduction, design-for manufacturability, quality, and reliability.
Our mission consists, of providing products to the building and home improvement communities that are innovative, of superior quality derived in part from enlightened creativity for our end users while enhancing performance, improving well-being and building high brand loyalty.
During 2020, we expanded its product line with Lowes. Lowe.ca will now carry a wide array of ToughBuilt products, including but not limited to Cliptech tool belts, bags and totes, knee pads, sawhorses, and Miter Saw Stands. Lowe's Canadian customers will now have the option to purchase ToughBuilt products while they shop online at www.lowes.ca..
25
JOBS Act
On April 5, 2012, the Jumpstart Our Business Startups Act of 2012, or the JOBS Act, was enacted. Section 107 of the JOBS Act provides that an "emerging growth company" can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act of 1933, as amended, or the Securities Act, for complying with new or revised accounting standards. In other words, an "emerging growth company" can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies.
We are in the process of evaluating the benefits of relying on other exemptions and reduced reporting requirements provided by the JOBS Act. Subject to certain conditions set forth in the JOBS Act, as an "emerging growth company," we intend to rely on certain of these exemptions from, without limitation, (i) providing an auditor's attestation report on our system of internal controls over financial reporting pursuant to Section 404(b) of the Sarbanes-Oxley Act and (ii) complying with any requirement that may be adopted by the Public Company Accounting Oversight Board (PCAOB) regarding mandatory audit firm rotation or a supplement to the auditor's report providing additional information about the audit and the financial statements, known as the auditor discussion and analysis. We will remain an "emerging growth company" until the earliest of (a) the last day of our fiscal year following the fifth anniversary of the IPO, (b) the last day of the first fiscal year in which our annual gross revenues exceed $1.07 billion, (c) the last day of our fiscal year in which we are deemed to be a "large accelerated filer" as defined in Rule 12b-2 under the Securities Exchange Act of 1934, or Exchange Act (which would occur if the market value of our equity securities that is held by non-affiliates exceeds $700 million as of the last business day of our most recently completed second fiscal quarter), or (d) the date on which we have issued more than $1 billion in nonconvertible debt during the preceding three-year period.
Competition
The tool equipment and accessories industry is highly competitive on a worldwide basis. We compete with a significant number of other tool equipment and accessories manufacturers and suppliers to the construction, home improvement and Do-It-Yourself industry, many of which have the following:
●
Significantly greater financial resources than we have;
●
More comprehensive product lines;
●
Longer-standing relationships with suppliers, manufacturers, and retailers;
●
Broader distribution capabilities;
●
Stronger brand recognition and loyalty; and
●
The ability to invest substantially more in product advertising and sales.
Our competitors' greater capabilities in the above areas enable them to better differentiate their products from ours, gain stronger brand loyalty, withstand periodic downturns in the construction and home improvement equipment and product industries, compete effectively on the basis of price and production, and more quickly develop new products. These competitors include DeWalt, Caterpillar, and Samsung Active.
The markets for our mobile products and services are also highly competitive and we are confronted by aggressive competition in all areas of its business. These markets are characterized by frequent product introductions and rapid technological advances that have substantially increased the capabilities and use of mobile communication and media devices, personal computers and other digital electronic devices. Our competitors who sell mobile devices and personal computers based on other operating systems have aggressively cut prices and lowered their product margins to gain or maintain market share. Our financial condition and operating results can be adversely affected by these and other industry-wide downward pressures on gross margins. Principal competitive factors important to us include price, product features, relative price/performance, product quality and reliability, design innovation, a strong third-party software and peripherals ecosystem, marketing and distribution capability, service and support, and corporate reputation.
26
We are focused on expanding its market opportunities related to mobile communication and media devices. These industries are highly competitive and include several large, well-funded and experienced participants. We expect competition in these industries to intensify significantly as competitors attempt to imitate some of the features of the Company's products and applications within their own products or, alternatively, collaborate with each other to offer solutions that are more competitive than those they currently offer. These industries are characterized by aggressive pricing practices, frequent product introductions, evolving design approaches and technologies, rapid adoption of technological and product advancements by competitors, and price sensitivity on the part of consumers and businesses. Competitors include Apple, Samsung, and Qualcomm, among others.
Risk and Uncertainty Concerning COVID-19
In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (COVID-19) as a pandemic which continues to spread throughout the United States and the World. We are currently monitoring the outbreak of COVID-19 and the related business and travel restrictions and changes to behavior intended to reduce its spread. All of our Chinese facilities were temporarily closed for a period of time. All of these facilities have been reopened. Depending on the progression of the outbreak, our ability to obtain necessary supplies and ship finished products to customers may be partly or completely disrupted globally. To date we have been able to obtain supplied and products needed. Also, our ability to maintain appropriate labor levels could be disrupted. If the coronavirus continues to progress, it could have a material negative impact on our results of operations and cash flow, in addition to the impact on its employees. We have concluded that while it is reasonably possible that the virus could have a negative impact on the results of operations, the specific impact is not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Results of Operations
The three months ended September 30, 2021 compared to the three months ended September 30, 2020.
Revenues
Revenues for the three months ended September 30, 2021 and 2020 were $17,215,938 and $16,663,389, respectively, consisted of metal goods and soft goods sold to customers. Revenues increased in 2021 over 2020 by $552,549, or 3.32%, primarily due to wide acceptance of our products in the tools industry and receipt of recurring sales orders for metal goods and soft goods from our existing and new customers, and introduction and sale of new soft goods products to our customers.
Cost of Goods Sold
Cost of goods sold for the three months ended September 30, 2021 and 2020 was $11,771,315 and $9,834,009, respectively. Cost of goods sold increased in 2021 over 2020 by $1,937,306 or 19.70%, primarily due to our increased sales as well as increases in materials cost of steel and plastics polyester to manufacture metal goods and soft goods and increase in labor cost in China. Cost of goods sold as a percentage of revenues in 2021 was 68.37% as compared to cost of goods sold as a percentage of revenues in 2020 of 59.02%.
Operating Expenses
Operating expenses consist of selling, general and administrative expenses and research and development costs. Selling, general and administrative expenses (the "SG&A Expenses") for the three months ended September 30, 2021 and 2020 were $15,242,780 and $5,703,676, respectively. SG&A Expenses increased in 2021 over 2020 by $9,539,104 or 167.24%, primarily due to an increase in shipping costs, marketing and advertising expenses for product launches and the hiring of additional employees. SG&A Expense for the quarter ended September 30, 2021 as a percentage of revenues was 88.54% compared to 34.23% for the quarter ended September 30, 2020. We expect our SG&A Expenses will start to increase at a lower rate as our business matures, and we develop economies of scale.
Research and development costs ("R&D") for the three months ended September 30, 2021 and 2020 were $1,610,671 and $789,890, respectively. R&D costs increased by $820,781, or 103.91%. This increase was primarily due to the Company developing new tools for the construction industry.
Other Expense
Other expense for the three months ended September 30, 2021 consisted of warrant issuance costs in the amount of $588,221 and change in fair value of warrant liabilities in the amount of $2,902,342. Other expense for the three months ended September 30, 2020, consisted of interest expense in the amount of $214,979.
27
Net Income (Loss)
Due to factors set forth above, we recorded a net loss of $9,094,707 for the three months ended September 30, 2021 as compared to a net income of $120,835 for the three months ended September 30, 2020.
The nine months ended September 30, 2021 compared to the nine months ended September 30, 2020.
Revenues
Revenues for the nine months ended September 30, 2021 and 2020 were $45,351,558 and $27,412,547, respectively, consisted of metal goods and soft goods sold to customers. Revenues increased in 2021 over 2020 by $17,939,011, or 65.44%, primarily due to additional Amazon sales and European sales that we did not have during the nine months ended September 30, 2020.
Cost of Goods Sold
Cost of goods sold for the nine months ended September 30, 2021 and 2020 was $31,479,176 and $16,537,654, respectively. Cost of goods sold increased in 2021 over 2020 by $14,941,522 or 90.35%, primarily due to our increased sales as well as increases in materials cost of steel and plastics polyester to manufacture metal goods and soft goods and increase in labor cost in China. Cost of goods sold as a percentage of revenues in 2021 was 69.41% as compared to cost of goods sold as a percentage of revenues in 2020 of 60.33%
Operating Expenses
Operating expenses consist of selling, general and administrative expenses and research and development costs. Selling, general and administrative expenses (the "SG&A Expenses") for the nine months ended September 30, 2021 and 2020 were $33,904,958 and $14,727,242, respectively. SG&A Expenses increased in 2021 over 2020 by $19,177,716 or 130.22%, primarily due to an increase in shipping costs, marketing and advertising expenses for product launches and the hiring of additional employees. SG SG&A expense for the nine months ended September 30, 2021 as a percentage of revenues was 74.76%, as compared to 53.72% for the nine months ended September 3, 2020. We expect our SG&A expense will start to increase at a lower rate as our business matures, and we develop economies of scale.
Research and development costs (the "R&D") for the nine months ended September 30, 2021 and 2020 were $4,588,781 and $1,496,129, respectively. R&D costs decreased in 2021 over 2020 by $3,092,652 or 206.71%. We have incurred additional R&D costs during 2021 primarily due to the Company developing new tools for the construction industry.
Other Expense
Other expense for the nine months ended September 30, 2021 consisted of warrant issuance costs in the amount of $588,221, change in fair value of warrant liabilities in the amount of $2,902,342 and interest expense in the amount of $263,555. Other expense for the nine months ended September 30, 2020, consisted of interest expense in the amount of $804,504.
Net Loss
Due to factors set forth above, we recorded net loss of $22,570,791 for the nine months ended September 30, 2021 as compared to a net loss of $6,152,982 for the nine months ended September 30, 2020.
28
Liquidity and Capital Resources
We had $31.2 million in cash at September 30, 2021, compared to $2.2 million at December 31, 2020.
On June 2, 2020, the Company closed on a public offering of 19 million shares of common stock and 20.7 million warrants pursuant to a Form S-1 from which it received net proceeds of $17,185,640, after deducting underwriting discounts and expenses. On June 12, 2020, the Company closed on the public offering of 1.7 million additional shares of common stock for net proceeds of $1,548,360, after deducting underwriting discounts and expenses, pursuant to the underwriter exercising the overallotment option from the June 2, 2020 public offering.
On January 28, 2020, the Company closed on a public offering 4.5 million shares of common stock and 49.45 million warrants (each exercisable into 1/20
th
of a share of common stock for a total of 2.4725 million shares of common stock) from which it received net proceeds of $8,549,470, after deducting underwriting discounts and expenses. On February 24, 2020, the Company closed on the public offering of 445,000 additional shares of common stock for net proceeds of $839,270, after deducting underwriting discounts and expenses, due to the exercise of the over-allotment option issued the underwriter in January 28, 2020 public offering.
On January 19, 2021, the Company filed a prospectus supplement dated January 15, 2021 (the "ATM Prospectus Supplement") to the shelf registration statement Form S-3 (File No. 333-251185) declared effective by the SEC on December 15, 2020 (the "First Form S-3") for the offer and sale shares of common stock having an aggregate value of $8,721,746 from time to time through H.C. Wainwright & Co., LLC, as sales agent ("Wainwright"), pursuant to the At The Market Offering Agreement, dated December 7, 2020 (the "ATM Agreement"), between the Company and Wainwright. During January 2021, the Company has raised approximately $16,200,000 through the sale of 14.9 million shares of the Company's common stock with net proceeds of $16,242,904 after deducting underwriting discounts and expenses
On February 2, 2021, the Company filed a second registration statement on Form S-3 (File No. 333-252630) (the "Second S-3") containing a base prospectus covering the offering, issuance and sale by the Company of up to $100,000,000 of the Company's common stock, preferred stock, warrants and units; and a sales agreement prospectus covering the offering, issuance and sale by us of up to a maximum aggregate offering price of $100,000,000 (which amount was included in the aggregate offering price set forth in the base prospectus) of the Company's common stock that may be issued and sold under a second At The Market Offering Agreement, dated February 1, 2021, we entered into with Wainwright, as sales agent. The Second S-3 was declared effective by the SEC on February 8, 2021. The Company terminated the First S-3 simultaneously with the filing of the Second S-3. From February 2021 to July 2021, the Company sold an aggregate of 18,826,177 shares of common stock through the Wainwright under the Second S-3 with net proceeds of $24,602,110, after deducting underwriting discounts and expenses.
On July 14, 2021, the Company raised gross proceeds of $40,000,000 in a registered direct offering pursuant to a Form S-3 involving the sale of shares and warrants to several institutional and accredited investors. These shares were sold pursuant to the Second S-3. There was a total of 46,029,920 shares of common stock sold with net proceeds of $36,259,050, after deducting underwriting discounts and expenses.
Registered Direct Offering on Form S-3
As previously reported by the Company on Form 8-K filed with the SEC on July 14, 2021, on July 11, 2021, the Company entered into a Securities Purchase Agreement, dated July 11, 2021 (the "Agreement") with several institutional and accredited investors (the "Purchasers") pursuant to which the Company agreed to issue and sell in a registered direct offering (the "Offering") an aggregate of 46,029,920 shares (the "Shares") of its common stock and warrants (the "Warrants") to purchase up to an aggregate of 23,014,960 shares of common stock at a combined offering price of $0.869 per share and accompanying warrant, for gross proceeds of approximately $40,000,000. The Warrants have an exercise price equal to $0.81 per share, and are immediately exercisable until the fifth anniversary of the date of issuance.
29
The net proceeds to the Company from the Offering were approximately $36,325,000, after deducting placement agent fees and expenses payable by the Company. The Company intends to use the net proceeds from the Offering for working capital purposes. The Offering closed on July 14, 2021.
Pursuant to an engagement letter, dated July 10, 2021 (the "Engagement Letter"), with H.C. Wainwright & Co., LLC (the "Placement Agent"), the Company agreed to pay the Placement Agent a cash fee equal to 7.0% of the gross proceeds received in the Offering and a management fee equal to 0.5% of the gross proceeds received in the Offering. The Company also agreed to pay the Placement Agent $25,000 for non-accountable expenses, up to $50,000 for fees and expenses of legal counsel and other reasonable and customary out of-pocket expenses, and $15,950 for clearing fees.
Also pursuant to the Engagement Letter, the Company, in connection with the Offering, issued to the Placement Agent or its designees warrants to purchase an aggregate of 2,761,795 shares of its common stock (which represents 6.0% of the Shares sold to investors in the Offering) at an exercise price equal to 125% of the offering price in the offering, or $1.08625 (the "Placement Agent Warrants"). The Placement Agent Warrants are immediately exercisable until the fifth anniversary of the commencement of sales of the offering.
The Shares sold under the Agreement, the issuance of the Warrants and the Placement Agent Warrants, and the shares issuable pursuant to the Warrants and the Placement Agent Warrants (the "Warrant Shares") were offered and sold pursuant to the Company through a prospectus supplement pursuant to the Company's shelf registration statement on Form S-3 (File No: 333-252630), which was initially filed on February 2, 2021, and declared effective by the Securities and Exchange Commission (the "SEC") on February 8, 2021 (the "Registration Statement"). The Company has filed with the SEC the prospectus supplement, together with the accompanying base prospectus, used in connection with the offer and sale of the securities.
As of September 30, 2021, the Company's principal sources of liquidity consisted of approximately $31 million of cash and future cash generated from operations. The Company believes its current cash balances coupled with anticipated cash flow from operating activities will be sufficient to meet its working capital requirements for at least one year from the date of the issuance of the accompanying consolidated financial statements. The Company continues to control its cash expenses as a percentage of expected revenue on an annual basis and thus may use its cash balances in the short-term to invest in revenue growth. Based on current internal projections, the Company believes it has and/or will generate sufficient cash for its operational needs, for at least one year from the date of issuance of the accompanying consolidated financial statements. Management is focused on growing the Company's existing product offering, as well as its customer base, to increase its revenues. The Company cannot give assurance that it can increase its cash balances or limit its cash consumption and thus maintain sufficient cash balances for its planned operations or future acquisitions. Future business demands may lead to cash utilization at levels greater than recently experienced. The Company may need to raise additional capital in the future. However, the Company cannot assure that it will be able to raise additional capital on acceptable terms, or at all. Subject to the foregoing, management believes that the Company has sufficient capital and liquidity to fund its operations for at least one year from the date of issuance of the accompanying consolidated financial statements.
30
Cash Flows
Nine Months Ended
September 30,
2021
2020
Cash flows used in operating activities
$
(45,708,621
)
$
(18,787,279
)
Cash flows from (used in) investing activities
(8,059,748
)
1,283,002
Cash flows from financing activities
82,762,679
26,370,826
Net increase in cash during period
$
28,994,310
$
8,866,549
Cash Flows Used in Operating Activities
Net cash flows used in operating activities for the nine months ended September 30, 2021 was $45,708,621, attributable to a net loss of $22,570,791, offset by depreciation expense of $1,196,562, $2,902,342 of change in fair value of warrant liabilities, $588,221 in warrant issuance costs, amortization of capitalized contract costs of $213,353, stock-based compensation expense of $232,447, common stock issued for services of $189,000 and net increase in operating assets of $28,685,849, and net increase in operating liabilities of $6,030,778. Net cash flows used in operating activities for the nine months ended September 30, 2020 was $18,787,279, attributable to net loss of $6,152,982, offset by depreciation expense of $394,322, amortization of debt issuance cost of $634,892, stock-based compensation expense of $315,673 and net increase in operating assets of $17,134,707, and net decrease in operating liabilities of $3,155,523.
Cash Flows from (Used in) Investing Activities
Net cash used in investing activities for the nine months ended September 30, 2021 was $8,059,748 attributed to the purchase of property and equipment. Net cash provided by investing activities for the nine months ended September 30, 2020 was $1,283,002.
Cash Flows from Financing Activities
Net cash provided by financing activities for the nine months ended September 30, 2021 was $82,762,679, primarily attributable to the net cash proceeds of $5,412,540 received from exercise of warrants, cash proceeds of $77,941,089 provided for issuance of stock and repayments of $590,950 from loans payable to factor. Net cash provided by financing activities for the nine months ended September 30, 2020 was $26,370,826 primarily attributable to net cash proceeds of $28,122,740 received from the sale of common stock and warrants, cash proceeds of $1,388,240 received from loans payable to factor and repayments of Series D Preferred Stock of $3,140,154.
Net Increase in Cash During Period
As a result of the activities described above, we recorded a net increase in cash of $28,994,310 and $8,866,549 for the nine months ended September 30, 2021 and 2020, respectively.
31
Off Balance Sheet Arrangements
None.
Seasonality
Our business is a seasonal business as a result of our China-based production. For the first two calendar quarters, we are not able to ship our products from China due to the hiatus as a result of their New Year holidays and also a general downturn in business caused by Covid-19. We make up the lost sales from the first two calendar quarters in the subsequent quarters.
Significant Accounting Policies
See the footnotes to our unaudited financial statements for the quarter ended September 30, 2021 and 2020, included with this quarterly report.
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.
As a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and in Item 10(f)(1) of Regulation S-K, we are electing scaled disclosure reporting obligations and therefore are not required to provide the information requested by this item.
ITEM 4. CONTROLS AND PROCEDURES.
Evaluation of Disclosure Controls and Procedures
Under the supervision and with the participation of our management, including our Chief Executive Officer and our Chief Financial Officer, we evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act) as of the end of the period covered by this Quarterly Report.
Based on such evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of the end of such period, our disclosure controls and procedures are not effective in recording, processing, summarizing and reporting, on a timely basis, information required to be disclosed by us in the reports that we file or submit under the Exchange Act and are effective in ensuring that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.
As of September30, 2021, we did not maintain effective controls over the control environment, including our internal control over financial reporting.
We did not design written policies and procedures at a sufficient level of precision to support the operating effectiveness of the controls to prevent and detect potential errors. We also did not maintain adequate documentation to evidence the operating effectiveness of certain control activities, and did not maintain proper levels of supervision and review of complex accounting matters. We did not perform an initial assessment regarding classification of common stock purchase warrants. Lastly, we did not maintain appropriate access to certain systems and did not maintain appropriate segregation of duties related to processes associated within those systems.
These control deficiencies resulted in several immaterial misstatements to the preliminary financial statements that were corrected and/or deemed immaterial in the aggregate prior to issuance of the financial statements. These control deficiencies create a reasonable possibility that a material misstatement to the financial statements will not be prevented or detected on a timely basis, and there we concluded that the deficiencies represent material weaknesses in our internal control over financial reporting and our internal control over financial reporting was not effective as of September 30, 2021.
During the three months ended September 30, 2021, we continued to enhance our internal control over financial reporting in an effort to remediate the material weaknesses described above. We are committed to ensuring that our internal control over financial reporting is designed and operating effectively.
Our remediation process includes, but not limited to:
●
Investing in IT systems to enhance our operational and financial reporting and internal controls.
●
Enhancing the organizational structure to support financial reporting processes and internal controls.
●
Providing guidance, education and training to employees relating to our accounting policies and procedures.
●
Further developing and documenting detailed policies and procedures regarding business processes for significant accounts, critical accounting policies and critical accounting estimates.
●
Establishing effective general controls over IT systems to ensure that information produced can be relied upon by process level controls is relevant and reliable.
●
Continuing to work with additional outside consultants in connection with complex accounting matters.
We expect to fully remediate these material weaknesses in the second half of 2021. However, we may discover additional material weaknesses that may require additional time and resources to remediate.
32
Changes in Internal Control over Financial Reporting
Other than as noted above, there have been no changes in our internal control over financial reporting during the quarter ended September 30, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
PART II. OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS
From time to time, claims are made against us in the ordinary course of business, which could result in litigation. Claims and associated litigation are subject to inherent uncertainties and unfavorable outcomes could occur, such as monetary damages, fines, penalties or injunctions prohibiting us from selling one or more products or engaging in other activities.
The occurrence of an unfavorable outcome in any specific period could have a material adverse effect on our results of operations for that period or future periods. Other than as described below, we are not presently a party to any pending or threatened legal proceedings.
Edwin Minassian v. Michael Panosian and Toughbuilt Industries, Inc., Los Angeles Superior Court Case No. EC065533.
There have no material developments from that reported in our Form 10-K for the fiscal year ended December 31, 2020.
33
Design 1
st
v. Toughbuilt Industries, Inc., American Arbitration Association
On November 26, 2019, Claimant Design 1
st
filed a Demand for Arbitration against the Company seeking $169,094 in damages, plus attorney's fees and costs. Claimant contends the Company breached a written contract by failing to pay for design services. The Company filed a Cross-Demand for Arbitration against Claimant seeking $394,956 in damages, plus attorney's and costs alleging Claimant breached the same contract by performing negligent services, failing to meets its obligations under the contract, and fraudulent billing.
The arbitration hearing occurred in April 2021. On July 14, 2021, the arbitrator concluded that neither party was entitled to prevail on their respective claims and rejected all counterclaims. Both parties are required to bear all fees and incurred in connection with the arbitration.
ITEM 1A. RISK FACTORS.
We could lose our listing on the Nasdaq Capital Market if the closing bid price of our common stock does not return to above $1.00 for ten consecutive days during the 180 days ending May 16, 2022. The loss of the Nasdaq listing would make our common stock significantly less liquid and would affect its value.
As initially disclosed on the Current Report on Form 8-K filed on May 19, 2021 with the Securities and Exchange Commission (the "SEC"), the Company received written notification from Nasdaq notifying the Company that it had failed to comply with Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement") because the bid price for the Company's common stock for 30 consecutive business days prior to such date had closed below the minimum $1.00 per share requirement for continued listing. Nasdaq initially granted the Company 180 calendar days, or until November 15, 2021, to regain compliance with the Minimum Bid Price Requirement.
As subsequently reported on a Form 8-K filed with the SEC on November 16, 2021, on November 16, 2021, Nasdaq granted the Company an additional 180 calendar days, or until May 16, 2022 (the "Extension Period"), to regain compliance with the Minimum Bid Requirement. The extension had no immediate effect on the listing or trading of the common stock on the Nasdaq Capital Market. If, at any time before May 16, 2022, the bid price of the Company's common stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the Rule. If compliance with the Rule cannot be demonstrated by May 16, 2022, Nasdaq will provide written notification that the Company's common stock will be delisted. At that time, the Company may appeal Nasdaq's determination to a Hearings Panel. There can be no assurance that the Company will regain compliance with the Minimum Bid Price Requirement during the 180-day extension period.
Upon delisting from the Nasdaq Capital Market, our stock would be traded over-the-counter inter-dealer quotation system, more commonly known as the OTC. OTC transactions involve risks in addition to those associated with transactions in securities traded on the securities exchanges, such as the Nasdaq Capital Market (together, "Exchange-listed Stocks"). Many OTC stocks trade less frequently and in smaller volumes than Exchange-listed Stocks. Accordingly, our stock would be less liquid than it would be otherwise. Also, the values of OTC stocks are often more volatile than Exchange-listed Stocks.   Additionally, institutional investors are usually prohibited from investing in OTC stocks, and it might be more challenging to raise capital when needed.
The Company will continue to monitor the closing bid price of its common stock and seek to regain compliance with the Minimum Bid Price Requirement within the allotted compliance period; however, there can be no assurance that the Company will regain compliance with the Minimum Bid Requirement or that if the Company does appeal a subsequent delisting determination, that such appeal would be successful.
As a "smaller reporting company" as defined by Rule 12b-2 of the Exchange Act and in Item 10(f)(1) of Regulation S-K, we are electing scaled disclosure reporting obligations and therefore are not required to provide any additional information requested by this item.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
None
ITEM 3. DEFAULTS UPON SENIOR SECURITIES.
None.
ITEM 4. MINE SAFETY DISCLOSURES.
Not applicable.
ITEM 5. OTHER INFORMATION.
See "Item 2. Liquidity and Capital Resources, Subsequent Events."
34
ITEM 6. EXHIBITS.
(a) Exhibits. The following documents are filed as part of this report:
Exhibit
No.:
Description:
31.1
Certification of Principal Executive Officer pursuant to Securities Exchange Act Rules 13a- 14(a) and 15d-14(a) as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2
Certification of Principal Financial Officer pursuant to Securities Exchange Act Rules 13a- 14(a) and 15d-14(a) as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1
Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2
Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS
Inline XBRL Instance Document
101.SCH
Inline XBRL Schema Document
101.CAL
Inline XBRL Calculation Linkbase Document
101.DEF
Inline XBRL Definition Linkbase Document
101.LAB
Inline XBRL Label Linkbase Document
101.PRE
Inline XBRL Presentation Linkbase Document
104
Cover Page Interactive Data File (embedded within the Inline XBRL document filed as Exhibit 101)
(1)
Filed as Exhibit 3.1 to Form 8-K filed on April 1, 2021 and incorporated by refence herein.
35
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
TOUGHBUILT INDUSTRIES, INC.
Date: November 22, 2021
By:
/s/ Michael Panosian
Name:
Michael Panosian
Title:
Chief Executive Officer and Chairman
(Principal Executive Officer)
Date: November 22, 2021
By:
/s/ Martin Galstyan
Name:
Martin Galstyan
Title:
Chief Financial Officer
(Principal Financial and Accounting Officer)
36