Convertible Note Related Party and Derivative Liabilities (Tables)

6 Months Ended

Jun. 30, 2022

Convertible Note Related Party and Derivative Liabilities (Tables)

The carrying value of these convertible notes is as follows

	June 30, 2022		December 31, 2021
Face value of certain convertible notes	$	25,000	$	25,000
Carrying value	$	25,000	$	25,000

	For Three Months Ended June 30,				For Six Months Ended June 30,
	2022		2021		2022		2021
Interest on the convertible notes	$	499	$	499	$	992	$	992

Schedule of derivative liability associated with the conversion

Balance at December 31, 2020	$	61,682
Change in fair value		11,417
Balance at December 31, 2021		73,099
Change in fair value		(38,190	)
Balance at June 30, 2022	$	34,909

Derivative liabilities were based upon the following management assumptions

	Commitment Date	December 31, 2021	June 30, 2022
Expected dividends	0	0	0
Expected volatility	101% ~103%	181%~ 182%	75% ~ 202%
Expected term	0.92 ~ 1 year	0.67 ~ 0.74 year	0.17 ~ 0.24 year
Risk free interest rate	1.33%	1.06%	1.28%