Quarterly report pursuant to Section 13 or 15(d)

Derivative Liability (Details)

v3.22.2
Derivative Liability (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
Derivative liability description   The estimated fair value of the derivative feature of convertible debt was $2,782,569 at commitment dates, which was calculated using the following assumptions: volatility of 95.97%, risk-free rate of 2.75% - 2.89%, annual dividend yield of 0% and expected life of 10 years. The estimated fair value of the derivative feature of convertible debt was $2,013,300 at June 30, 2022, which was computed using the following assumptions: volatility of 95.71%, risk-free rate of 2.98%, annual dividend yield of 0% and expected life of 9.8 – 9.9 years. 
Derivative liability $ 769,269 $ 769,269