Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.



Executive Arbitration
Former Chief Executive Officer, Indroneel Chatterjee

On December 29, 2022, the arbitrator entered a final order which granted an
additional award of fees and costs to the Company in the amount of over $1
million, bringing the Company's total judgment against Mr. Chatterjee to
approximately $1.6 million. In the arbitrator's final award, he also included
the amounts he had previously awarded to the Company in his October 19, 2022
order, which were $400,000 plus interest at the U.S. Virgin Islands' 9%
statutory rate for contractual claims (since Mr. Chatterjee's termination on
April 16, 2021) and approximately $140,000 as reimbursement to the Company for
all expenses the Company incurred directly and solely as a result of Mr.
Chatterjee's misconduct in the arbitration.

The Company intends to enforce the judgment against Mr. Chatterjee.

Item 9.01 Financial Statements and Exhibits.




Exhibit No.                                              Description

       101               Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in
                         Inline XBRL (Inline eXtensible Business Reporting Language)
       104               Cover Page Interactive Data File (embedded within

the Inline XBRL document).

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