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

 

 

September 30,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

Stock Price

 

$6.68

 

 

$7.21

 

Risk-free interest rate

 

 

0.98%

 

 

0.36%

Expected volatility

 

 

132%

 

 

135%

Expected life (in years)

 

3.83 years

 

 

4.60 years

 

Expected dividend yield

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Fair Value:

 

 

 

 

 

 

 

 

Warrants

 

$340,000

 

 

$383,000