Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Instruments

Financial instruments measured at fair value during the year consisted of the following:

	As of December 31, 2021
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Senior Secured Note	$	60,756,285	$	-	$	60,756,285	$	-

	As of December 31, 2020
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Senior Secured Note	$	52,556,401	$	-	$	52,556,401	$	-
Warrant derivative liabilities:
Strome Warrants	$	704,707	$	-	$	-	$	704,707
B. Riley Warrants		443,188		-		-		443,188
Total warrant derivative liabilities	$	1,147,895	$	-	$	-	$	1,147,895

Schedule of Valuation Activity for the Embedded Conversion Feature Liability

The following table represents the carrying amounts and change in valuation for the Company’s warrants accounted for as a derivative liability and classified within Level 3 of the fair-value hierarchy as of and for the years ended December 31, 2021 and 2020:

	As of and for the Years Ended December 31,
	2021										2020
	Carrying Amount at Beginning of Year		Change in Valuation			Reclassification to Equity			Carrying Amount at End of Year		Carrying Amount at Beginning of Year		Change in Valuation			Carrying Amount at End of Year
Strome Warrants	$	704,707	$	(75,179	)	$	(629,528	)	$	-	$	1,036,687	$	(331,980	)	$	704,707
B. Riley Warrants		443,188		40,687			(483,875	)		-		607,513		(164,325	)		443,188
Total	$	1,147,895	$	(34,492	)	$	(1,113,403	)	$	-	$	1,644,200	$	(496,305	)	$	1,147,895

For the years ended December 31, 2021 and 2020, the change in valuation of warrant derivative liabilities recognized within other (expense) income on the consolidated statements of operations, as described in the above table of $34,492 and $496,305, respectively. The Strome Warrants and B. Riley Warrants were reclassified to equity upon filing an effective registration statement during the year ended December 31, 2021, resulting in a $1,113,403 offset within additional paid-in capital on the consolidated statements of stockholders’ deficiency.

The following table represents the carrying amounts and changes in valuation for the Company’s conversion option features, buy-in features, and default remedy features, as deemed appropriate for each instrument (collectively the embedded derivative liabilities), for the 12% Convertible Debentures (refer to Note 18) accounted for as embedded derivative liabilities and classified within Level 3 of the fair-value hierarchy as of and for the year ended December 31, 2020:

	As of and for the Year Ended December 31, 2020
	Carrying Amount at Beginning of Year		Change in Valuation			Fair Value Recorded within Equity Upon Conversion			Carrying Amount at End of Year
12% Convertible Debentures	$	13,501,000	$	(2,571,004	)	$	(10,929,996	)	$	-

Schedule of Valuation Activity for the Embedded Conversion Feature Liability

The following table represents the carrying amounts and changes in valuation for the Company’s conversion option features, buy-in features, and default remedy features, as deemed appropriate for each instrument (collectively the embedded derivative liabilities), for the 12% Convertible Debentures (refer to Note 18) accounted for as embedded derivative liabilities and classified within Level 3 of the fair-value hierarchy as of and for the year ended December 31, 2020:

	As of and for the Year Ended December 31, 2020
	Carrying Amount at Beginning of Year		Change in Valuation			Fair Value Recorded within Equity Upon Conversion			Carrying Amount at End of Year
12% Convertible Debentures	$	13,501,000	$	(2,571,004	)	$	(10,929,996	)	$	-