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STOCKHOLDERS’ EQUITY (Tables)
12 Months Ended
Dec. 31, 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, 2019   461,647   $7.33    4.22 
Assumed as part of the Merger   413,450   $14.11      
Granted   7,728,872   $3.20      
Exercised   (5,092,806)  $0.86      
Expired   (10,149)  $145.2      
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 December 31, 2021   6,108,823   $7.37    2.31 
Series H Convertible Preferred Stock [Member]  
Class of Stock [Line Items]  
SCHEDULE OF PAYMENT OF PREFERRED STOCK

 

      
Number of Series H Preferred Stock outstanding as of December 31, 2021   8 
Multiplied by the stated value  $154 
Equals the gross stated value  $1,232 
Divided by the conversion price  $184.8 
Equals the convertible shares of Company Common Stock   7 
Multiplied by the fair market value of Company Common Stock as of December 31, 2021  $1.61 
Equals the payment  $11 
Series H-3 Convertible Preferred Stock [Member]  
Class of Stock [Line Items]  
SCHEDULE OF PAYMENT OF PREFERRED STOCK

 

      
Number of Series H-3 Preferred Stock outstanding as of December 31, 2021   1,234 
Multiplied by the stated value  $138 
Equals the gross stated value  $170,292 
Divided by the conversion price  $165.6 
Equals the convertible shares of Company Common Stock   1,028 
Multiplied by the fair market value of Company Common Stock as of December 31, 2021  $1.61 
Equals the payment  $1,655 
Series H-6 Convertible Preferred Stock [Member]  
Class of Stock [Line Items]  
SCHEDULE OF PAYMENT OF PREFERRED STOCK

 

      
Number of Series H-6 Preferred Stock outstanding as of December 31, 2021   50 
Multiplied by the stated value  $72 
Equals the gross stated value  $3,600 
Divided by the conversion price  $2.5 
Equals the convertible shares of Company Common Stock   1,440 
Multiplied by the fair market value of Company Common Stock as of December 31, 2021  $1.61 
Equals the payment  $2,318