Fair Value Measurements (Tables)

9 Months Ended

Sep. 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 September 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	464,972		—		—		464,972
Total derivative liabilities	464,972		—		—		464,972
Total assets and liabilities measured at fair value	$	464,972	$	—	$	—	$	464,972

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 nine months ended September 30, 2021 and September 30, 2020:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Beginning Balance	$	467,598	$	478,312	$	472,851	$	483,804
Total income recognized in earnings	(2,626)		(2,751)		(7,879)		(8,243)
Ending Balance	$	464,972	$	475,561	$	464,972	$	475,561