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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2021
Payables and Accruals [Abstract]  
SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consist of:

 

   December 31, 2021   December 31, 2020 
         
         
Accrued payroll  $28,370   $- 
Accrued research and development expenses   29,672    - 
Accrued general and administrative expenses   76,928    109,968 
Accrued DIP and Plan costs related to DIP Funding and Plan   -    657,598(1)
Total accrued expenses  $134,970   $767,566 

 

(1)Amount represents DIP and Plan costs associated with the Auctus DIP Funding and the Plan. As of December 31, 2020, these amounts were note finalized and, as a result, were recorded as accrued expenses in the consolidated balance sheets. Subsequent to December 31, 2020, upon finalization, the amount representing the costs associated with the DIP Funding and the Plan was converted into a Secured Convertible Note and subsequently, in connection with the Company’s public offering, into shares of preferred and common stock and warrants to purchase common stock.