Annual report pursuant to Section 13 and 15(d)

INVESTMENTS (Tables)

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INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2021
Investments, All Other Investments [Abstract]  
SCHEDULE OF INVESTMENT

Investments consist of the following:

 

(in thousands)   December 31, 2021     December 31, 2020  
Common stock of Sonnet, at fair value   $ 50     $ 413  
Chanticleer Investors, LLC, at cost     16       365  
Total   $ 66     $ 778  
SCHEDULE OF FAIR VALUE OF WARRANT

 

As of April 1, 2020
Fair value of Sonnet common stock   $ 8.76  
Exercise price   $ 0.01  
Term     5 years  
Volatility     103 %
Risk-free interest rate     0.37 %