WARRANTS (Tables)

9 Months Ended

Sep. 30, 2022

Warrants

Schedule of warrants outstanding

	Warrants
Outstanding as of December 31, 2021		125,618
Warrants granted and issued		40,000,000
Warrants exercised		(1,750,000)
Warrants exchanged		—
Outstanding as of September 30, 2022		38,375,618

Warrants Issued with Series A Preferred Stock | 2017 Warrants

Warrants

Schedule of fair value of warrants using the Black Scholes option pricing model

Contractual term (in years)	10.0
Volatility	74.48	%
Risk-free interest rate	3.20	%
Dividend yield	0.00	%

Warrants Issued with Series B Preferred Stock | 2018 Warrants

Warrants

Schedule of fair value of warrants using the Black Scholes option pricing model

Contractual term (in years)	10.0
Volatility	73.22	%
Risk-free interest rate	2.70	%
Dividend yield	0.00	%

Warrants Issued with Series B Preferred Stock | 2019 Warrants

Warrants

Schedule of fair value of warrants using the Black Scholes option pricing model

Contractual term (in years)	10.0
Volatility	73.22	%
Risk-free interest rate	2.70	%
Dividend yield	0.00	%

Common And Pre-Funded Warrants

Warrants

Schedule of fair value of warrants using the Black Scholes option pricing model

Expected term (in years)	3.7
Volatility	91.53	%
Risk-free interest rate	4.11	%
Dividend yield	0.00	%