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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue

  

For the Three Months

Ended September 30,

  

For the Nine Months

Ended September 30,

 
   2021   2020   2021   2020 
Revenues:                
Product sales  $1,123,966   $2,408,248   $6,303,646   $9,444,452 
Media platform sales   

1,042,898

    -    

1,042,898

    - 
Service   -    800    -    800 
Licensing   65,122    113,093    142,415    204,217 
Total revenues, net  $2,231,986   $2,522,141   $7,488,959   $9,649,469 
Schedule of Revenue from External Customers

For the three and nine months ended September 30, 2021 and 2020, the following customer represented more than 10% of total net revenues:

 

 Schedule of Revenue from External Customers

  

For the Three Months

Ended September 30,

  

For the Nine Months

Ended September 30,

 
   2021   2020   2021   2020 
Customer:                
Customer A   7%   0*    10%   0* 

 

* Customer did not represent greater than 10% of total net revenue.
Schedule of Revenue by Geographical Areas

For the three and nine months ended September 30, 2021 and 2020, the following geographical regions represented more than 10% of total net revenues:

 

   

For the Three Months

Ended September 30,

   

For the Nine Months

Ended September 30,

 
    2021     2020     2021     2020  
Region:                                
North America     100 %     79 %     100 %     89 %
Europe     * %     17 %     * %     10 %

 

* Region did not represent greater than 10% of total net revenue.
Schedule of Fair Value of Financial Assets and Liabilities

The following fair value of financial assets and liabilities and the input level used to determine the fair value at September 30, 2021 is presented below:

 

 Schedule of Fair Value of Financial Assets and Liabilities

  

Fair Value Measurements as of

September 30, 2021

 
   Level 1   Level 2   Level 3 
             
Assets:                 
Short-term investments  $282,000   $-   $- 
                
Liabilities:               
Warrant liability   -    -    468,612,700 
Total   282,000    -    468,612,700 

 

The following fair value of financial assets and liabilities and the input level used to determine the fair value at December 31, 2020 is presented below:

 

  

Fair Value Measurements as of

December 31, 2020

 
   Level 1   Level 2   Level 3 
             
Assets:                   
Short-term investments  $282,000   $-   $- 
Total   282,000    -    - 
Schedule of Reconciliation of Liabilities Measured at Fair Value

The following table presents a reconciliation of the Company’s liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended September 30, 2021:

 

 Schedule of Reconciliation of Liabilities Measured at Fair Value

  

Warrant

Liability

(Level 3)

 
Balance, December 31, 2020  $- 
Issuance of warrants   518,742,375 
Change in fair value   287,891,005 
Exercise of warrants   (338,020,680)
Balance, September 30, 2021  $468,612,700 
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

As of September 30, 2021 and 2020, the Company excluded the common stock equivalents summarized below, which entitled the holders thereof to ultimately acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive.

 

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share 

   September 30,   September 30, 
   2021   2020 
Selling Agent Warrants   -    160,492 
Shares reserved in exchange for the cancellation of certain non-voting membership interest in EVNT, LLC   1,000,000    - 
Placement Agent Warrants   6,291,604    - 
Options   80,000    80,000 
Convertible shares under notes payable   30,060,454    558,803 
Warrants for noteholders   86,529,254    625,000 
Warrants for investors   1,007,194    - 
Restricted stock units   -    120,000 
Series B Convertible Stock   -    - 
Shares to be issued   1,150,796    165,000 
Total  $126,119,302   $1,709,295