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STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2021
Class of Stock [Line Items]  
SCHEDULE OF FAIR VALUE ASSUMPTIONS OF WARRANTS

The following assumptions were used to determine the fair value of the September Warrants:

 

   As of
September 25, 2020
 
Dividend   -%
Risk Free Rate   0.30%
Exercise Price  $2.90 
Strike Price  $3.19 
Term   5.00 
Volatility   102%
SCHEDULE OF WARRANT ACTIVITY

A summary of the Company’s warrants to purchase common stock activity is as follows:

 

   Shares Underlying Warrants  

Weighted Average

Exercise

Price

  

Weighted Average Remaining Contractual Term (in

years)

 
Outstanding at December 31, 2020   3,501,014   $8.03    2.87 
Granted   3,873,711   $7.24      
Exercised   (13,642)  $7.33      
Expired   (1,252,260)  $8.80      
Outstanding at June 30, 2021   6,108,823   $7.37    2.82 
Convertible Preferred Stock Series H [Member]  
Class of Stock [Line Items]  
SCHEDULE OF PAYMENT OF PREFERRED STOCK

As of June 30, 2021, such payment would be calculated as follows:

 

Number of Series H Preferred Stock outstanding as of June 30, 2021   8 
Multiplied by the stated value  $154.00 
Equals the gross stated value  $1,232 
Divided by the conversion price  $184.80 
Equals the convertible shares of Company Common Stock   7 
Multiplied by the fair market value of Company Common Stock as of June 30, 2021  $4.88 
Equals the payment  $34 
Convertible Preferred Stock Series H-3 [Member]  
Class of Stock [Line Items]  
SCHEDULE OF PAYMENT OF PREFERRED STOCK

As of June 30, 2021, such payment would be calculated as follows:

 

Number of Series H-3 Preferred Stock outstanding as of June 30, 2021   1,234 
Multiplied by the stated value  $138 
Equals the gross stated value  $170,292 
Divided by the conversion price  $165.60 
Equals the convertible shares of Company Common Stock   1,028 
Multiplied by the fair market value of Company Common Stock as of June 30, 2021  $4.88 
Equals the payment  $5,017 
Convertible Preferred Stock Series H-6 [Member]  
Class of Stock [Line Items]  
SCHEDULE OF PAYMENT OF PREFERRED STOCK

As of June 30, 2021, such payment would be calculated as follows:

 

Number of Series H-6 Preferred Stock outstanding as of June 30, 2021   50 
Multiplied by the stated value  $72.00 
Equals the gross stated value  $3,600 
Divided by the conversion price  $2.50 
Equals the convertible shares of Company Common Stock   1,440 
Multiplied by the fair market value of Company Common Stock as of June 30, 2021  $4.88 
Equals the payment  $7,027