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WARRANTS (Tables)
9 Months Ended
Sep. 30, 2021
WARRANTS  
Schedule of Warrants outstanding

 

 

Warrants

 

 

Weighted-Average Exercise Price

 

 

 

 

 

 

 

 

Warrants Outstanding as of January 1, 2021

 

 

1,076,555

 

 

$1.99

 

Warrants Granted

 

 

85,336,515

 

 

$0.08

 

Warrants Outstanding as of September 30, 2021

 

 

86,413,070

 

 

$0.10

 

Schedule of Weighted-average fair value of the warrants granted

 

 

September 30,

 

 

 

2021

 

Expected term (years)

 

 

3.8

 

Volatility

 

 

112.6%

Risk-free interest rate

 

 

0.17%

Dividend yield

 

 

0%