DERIVATIVE LIABILITY (Tables)

3 Months Ended

Mar. 31, 2022

Disclosure Derivative Liability Abstract

Schedule of Derivative Liability Activity

	Quarter Ended March 31,
	2022
Derivative liability balance, December 31, 2021	$	1,907,000
Fair value on the date of issuance of new derivatives		1,572,000
Reclassification to Additional Paid-In Capital		(167,000	)
Change in derivative liability during the period		(412,000	)
Derivative liability balance, March 31, 2022	$	2,900,000

Summary of Average Assumptions Used in Valuing the Derivative Liability

	Quarter Ended March 31,
	2022
Expected life in years	0.50 – 4.98
Stock price volatility	187.11% – 203.78%
Risk free interest rate	1.06% – 2.45%
Expected dividends	-
Forfeiture rate	-