Item 1.01 Entry into a Material Definitive Agreement.

On May 31, 2022, MobileSmith, Inc., a Delaware corporation (the "Company"), entered into a Fourth Amendment to Loan and Security Agreement (the "Fourth Amendment") with Comerica Bank ("Comerica").

As background, the Company and Comerica are parties to a Loan and Security Agreement dated June 9, 2014, as amended (the "Loan Agreement"), whereby Comerica agreed to loan the Company up to $5,000,000. Currently, there is $5,000,000 in principal outstanding under the Loan Agreement and the previously extended maturity date of the Loan Agreement was June 9, 2022.

The Fourth Amendment to the Loan Agreement extends the previously extended maturity date of the Loan Agreement from June 9, 2022 to June 9, 2024.

Except for extending the maturity date as described above, the Fourth Amendment does not amend any other term of the Loan Agreement in any material respect.

The foregoing description of the Fourth Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Fourth Amendment, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

The original Loan Agreement is filed as Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for the period ended June 30, 2014 filed with the Securities and Exchange Commission on August 13, 2014, a copy of which is attached hereto as Exhibit 10.2 and is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

All information set forth in Item 1.01 of this Current Report on Form 8-K is hereby incorporated herein by referenced.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibit



  10.1       Fourth Amendment to Loan and Security Agreement dated May 31, 2022
           between MobileSmith, Inc. and Comerica Bank.

10.2       Loan and Security Agreement dated June 9, 2014 between MobileSmith,
           Inc. and Comerica Bank (incorporated by reference to Exhibit 10.1 to
           the Company's Quarterly Report on Form 10-Q filed with the Securities
           and Exchange Commission on August 13, 2014).





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