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Derivative Liability (Tables)
9 Months Ended
Sep. 30, 2022
Derivative Liability  
Schedule of Derivative Liabilities Assumptions

The derivative liabilities were valued using a Binomial pricing model with the following average assumptions:

 

   September 30,   December 31, 
   2022   2021 
   (Unaudited)     
Stock price  $1.76   $3.05 
Risk-free interest rate   4.25%   1.26%
Expected volatility   114%   129%
Expected life (in years)   2.8    3.6 
Expected dividend yield   -    - 
 Derivative liability, measurement input          
Fair value of warrants  $57,000   $138,000