XML 41 R26.htm IDEA: XBRL DOCUMENT v3.22.2.2
FAIR VALUE MEASUREMENTS AND DERIVATIVE LIABILITIES (Tables)
3 Months Ended
Jun. 30, 2022
WARRANTS  
Schedule of change in fair value of derivative liabilities

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Fair value of derivative liability as of March 31, 2022

 

$-

 

 

$-

 

 

$-

 

Additions at fair value

 

 

 -

 

 

 

 -

 

 

 

308,330

 

Change in fair value of the derivative

 

 

-

 

 

 

-

 

 

 

527,584

 

Balance at June 30, 2022

 

$-

 

 

$-

 

 

$835,914

 

Schedule of estimated fair value drivative assumptions

Risk-free interest rate

 

 

2.80

%

Expected life in years

 

 

0.75

 

Dividend yield

 

 

0

%

Expected volatility

 

 

129.00

%