Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

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 March 31, 2022:

			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	784,325		—		—		784,325
Total derivative liabilities	784,325		—		—		784,325
Total assets and liabilities measured at fair value	$	784,325	$	—	$	—	$	784,325

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 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	776,623		—		—		776,623
Total derivative liabilities	776,623		—		—		776,623
Total assets and liabilities measured at fair value	$	776,623	$	—	$	—	$	776,623

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 months ended March 31, 2022 and March 31, 2021:

	Three Months Ended March 31,
	2022		2021
Beginning Balance	$	776,623	$	703,747
Total loss recognized in earnings	7,702		14,323
Ending Balance	$	784,325	$	718,070