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DERIVATIVE LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
SCHEDULE OF CHANGES IN THE FAIR VALUE OF COMPANY'S LEVEL 3 FINANCIAL INSTRUMENTS

Changes in the fair value of the Company’s financial instruments for the six months ended June 30, 2023 and 2022 were as follows:

 

   Level 1   Level 3   Level 3     
  

Equity

Warrants

  

Debenture

Warrants

  

Debenture

Convertible

Feature

   Total 
Balance at January 1, 2023  $275,115   $2,917,000   $1,457,000   $4,649,115 
Additions   45,120    2,378,000    1,599,000    4,022,120 
Conversions   -    -    (194,492)   (194,492)
Change in fair value   (167,527)   (4,579,136)   (1,086,362)   (5,833,025)
Effect of exchange rate changes   8,903    (10,864)   29,854    27,893 
Balance at June 30, 2023  $161,611   $705,000   $1,805,000   $2,671,611 

 

   Level 1   Level 3   Level 3     
  

Equity

Warrants

  

Debenture

Warrants

  

Debenture

Convertible

Feature

   Total 
Balance at January 1, 2022  $1,418,964   $-   $-   $1,418,964 
Additions   -    4,080,958    3,336,535    7,417,493 
Change in fair value   (218,462)   -    -    (218,462)
Effect of exchange rate changes   (27,216)   -    -    (27,216)
Balance at June 30, 2022  $1,173,286   $4,080,958   $3,336,535   $8,590,779