| Explanation of Responses: |
| (1) | This Form 3 is being filed by Stratos Management Systems Holdings, LLC ("Holdings") in connection with the closing of the transactions contemplated by that certain Business Combination Agreement dated July 24, 2019, as amended (the "Agreement"), by and among the Issuer, Stratos Management Systems, Inc., Tango Merger Sub Corp., and Stratos Management Systems Holdings, LLC. Pursuant to the terms of a Securities Purchase Agreement dated April 3, 2020, by and among the Issuer, Holdings, and the other purchasers named therein ("Purchasers"), the following securities were issued to Holdings on April 7, 2020: (i) $20,000,000 aggregate principal amount of Series A Convertible Debentures ("Debentures"), which are initially convertible into 5,797,101 shares of the Issuer's common stock, par value $0.001 per share ("Common Stock"); (continued to footnote 2) |
| (2) | (continued from footnote 1) (ii) warrants to purchase 2,000,000 shares of Common Stock ("Warrants"); and (iii) 8,189,490 shares of Common Stock. Upon the closing of the Agreement and the transactions contemplated therein, the Issuer delivered consideration to Holdings as follows: (i) $20,000,000 aggregate principal amount of Series A Convertible Debentures; (ii) Warrants to purchase 2,000,000 shares of the Issuer's Common Stock, and (iii) 8,189,490 shares of Common Stock of the Issuer. |
| (3) | Holdings disclaims beneficial ownership of the shares it holds for all other purposes, except to the extent of its pecuniary interest therein. Holdings also disclaims beneficial ownership of securities of the Issuer held by other Purchasers and "group" status with other Purchasers. |
| (4) | The Debentures are immediately convertible at the option of the holder, subject to potential redemption rights within 120 days of the issuance date, into shares of Common Stock at an initial conversion price of $3.45 per share. The Debentures are initially convertible into 5,797,101 shares of Common Stock, subject to adjustment. The Debentures bear interest at a rate of 10% per annum, payable quarterly on the last day of each calendar quarter in the form of additional Debentures, except upon maturity in which case accrued and unpaid interest is payable in cash. The entire principal amount of the Debentures, together with accrued and unpaid interest thereon, is due and payable on the earlier of (i) such date, commencing on or after October 7, 2022, as the holder thereof, at its sole option, upon not less than 30 days' prior written notice to the Issuer, demands payment thereof and (ii) the occurrence of a Change in Control (as defined in the Debentures). (continued to footnote 5) |
| (5) | (continued from footnote 4) The Debentures are convertible, in whole or in part, at any time at the option of the holder thereof into that number of shares of Common Stock calculated by dividing the principal amount being converted, together with all accrued but unpaid interest thereon, by the applicable conversion price, initially $3.45. The conversion price is subject to customary adjustments for stock dividends, stock splits, reclassifications and the like, and is also subject to price-based adjustment, on a "full ratchet" basis, in the event of any issuances of Common Stock, or securities convertible, exercisable or exchangeable for, Common Stock at a price below the then-applicable conversion price (subject to certain exceptions). The Debentures are subject to mandatory conversion if the closing price of the Common Stock exceeds $6.00 for any 40 trading days within a consecutive 60 trading day-period, subject to the satisfaction of certain other conditions. |
| (6) | The Warrants are immediately exercisable, have an exercise price of $0.01 per whole share and expire on April 7, 2025. The number of shares issuable upon exercise of the Warrants is subject to customary adjustments for stock dividends, stock splits, reclassifications and the like. |
| (7) | The Debentures and Warrants are subject to a 19.9% blocker, whereby the aggregate number of shares of Common Stock issuable upon conversion of the Debentures, together with the aggregate number of shares of Common Stock issued upon exercise of the Warrants, shall not exceed 19.9% of either (a) the total number of shares of Common Stock outstanding as of April 3, 2020 or (b) the total voting power of the Issuer's securities outstanding as of April 3, 2020 that are entitled to vote on a matter being voted on by holders of the Common Stock, until the 21st date after the date an information statement (the \"Information Statement") regarding approval of the issuance of the shares upon conversion of the Warrants and Debentures is filed by the Issuer pursuant to Regulation 14C under the Securities Exchange Act of 1934, as amended. The Issuer is required to file the Information Statement by April 22, 2020. |