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Derivative Liability (Tables)
6 Months Ended
Jun. 30, 2021
Convertible Notes Payable  
Fair value assumptions

 

 

June 30,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

Stock Price

 

$15.50

 

 

$7.21

 

Risk-free interest rate

 

 

0.87%

 

 

0.36%

Expected volatility

 

 

135%

 

 

135%

Expected life (in years)

 

4.33 years

 

 

4.60 years

 

Expected dividend yield

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Fair Value:

 

 

 

 

 

 

 

 

Warrants

 

$842,000

 

 

$383,000