According to previous news releases, the maturity date on the bridge loans was Mar 31, 2023.   It's now 2 months past this date. What is the incentive for the company to delay the debt settlement?

On Mar 31, the share price was at 0.34.  Today it is at 0.28.  This means more shares will have to be issued at a lower price.  How does the company benefit by delaying this debt settlement?  As the price continues to drop, it will just mean more shares need to be issued.