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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Summary of Significant Accounting Policies (Policies)  
Fair value of the Company's derivative liabilities

 

 

Fair value measurements on

a recurring basis

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

As of June 30, 2022:

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$-

 

 

$-

 

 

$441,262

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2021:

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$-

 

 

$-

 

 

$405,957

 

Potentially dilutive securities at each reporting period

 

 

Six Months

Ended June 30,

2022

 

 

Six Months Ended June 30,

2021

 

Research warrants at 3% of issued and outstanding shares

 

 

398,694

 

 

 

398,694

 

Convertible notes

 

 

689,189

 

 

 

634,966

 

Series A preferred shares

 

 

700

 

 

 

700

 

Stock options vested

 

 

4,088,332

 

 

 

3,191,666

 

Stock purchase warrants

 

 

295,000

 

 

 

295,000

 

Total

 

 

5,471,915

 

 

 

4,521,026