Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value Assets Measured On Recurring Basis

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at June 30, 2021:

			Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Derivative liabilities:
Derivative Instruments	467,598		—		—		467,598
Total derivative liabilities	467,598		—		—		467,598
Total assets and liabilities measured at fair value	$	467,598	$	—	$	—	$	467,598

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2020: 

			Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Derivative liabilities:
Derivative Instruments	472,851		—		—		472,851
Total derivative liabilities	472,851		—		—		472,851
Total assets and liabilities measured at fair value	$	472,851	$	—	$	—	$	472,851

Fair Value Measurements using Significant Unobservable Inputs

The following table presents a reconciliation of the beginning and ending balances of the Company's liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three and six months ended June 30, 2021 and June 30, 2020:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Beginning Balance	$	470,222	$	481,052	$	472,851	$	483,804
Total income recognized in earnings	(2,624)		(2,740)		(5,253)		(5,492)
Ending Balance	$	467,598	$	478,312	$	467,598	$	478,312