RELATED PARTY

12 Months Ended

Dec. 31, 2021

Related Party Transactions [Abstract]

RELATED PARTY

10. RELATED PARTY

In November 2018, the Company authorized payment of $3,500 per month to Dr. Hirschman for his services as Chief Executive Officer and $3,500 to Mr. Abrams for his services as a Director.

During the year ended December 31, 2020, Dr. Hirschman received aggregate compensation of $3,500 of consulting fees for services as Chief Executive Officer. Dr. Hirschman waived consulting fees for calendar years 2021 and 2020. Mr. Abrams waived consulting fees for the calendar years 2021 and 2020.

As of December 31, 2021 and 2020, we owed Mr. Abrams, a director of the Company, an aggregate of $181,490 and $166,251, respectively, for outstanding principal and accrued and unpaid interest due pursuant to certain Bridge Notes.