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STOCKHOLDERS’ DEFICIT (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Schedule of Black Scholes option pricing

 

     
Market value of common stock on issuance date   $5.34 - $33.25 
Expected price   $0.095 - $19.34 
Expected volatility   450% - 608% 
Expected term (in years)   0.3 - 3.0 
Risk-free interest rate   0.11%
Expected dividend yields    

 

The fair value of the options for the three months ended March 31, 2022 is estimated using a Black-Scholes option pricing model with the following range of assumptions:

 

Market value of common stock on issuance date   $1.24 - $12.45 
Expected price   $1.24 - $12.04 
Expected volatility   415% - 442% 
Expected term (in years)   0.0 - 5.0 
Risk-free interest rate   0.11%
Expected dividend yields    

 

Schedule of option activity
               
    Number of   shares  Weighted   Average   exercise price  Weighted   Average   remaining years
           
Outstanding December 31, 2021   1,055,184   $6.62      
Issued   335,527   $4.00      
Exercised      $      
Cancelled   (391,579)  $2.44      
Outstanding as of March 31, 2022   999,132   $7.38    2.37 
Outstanding as of March 31, 2022, vested   667,235   $7.75    2.37