Convertible Notes Payable and Derivative Liabilities (Tables)

12 Months Ended

Dec. 31, 2022

Convertible Notes Payable and Derivative Liabilities

Schedule of outstanding convertible notes

	December 31, 2022			December 31, 2021
June 2019 Notes, due December 21, 2022	$	444,444		$	448,888
June 2020 Note 1, maturing June 4, 2021		-			119,078
June 2020 Note 2, maturing June 24, 2021		-			87,779
June 2020 Note 3, maturing June 24, 2021		-			87,779
November 2020 Note, maturing November 23, 2021		-			305,000
February 2021 Note, maturing February 15, 2022		-			-
Total		444,444			1,048,524
Less: Debt discount and deferred finance costs on short-term convertible notes		-			(239,282	)
Less: Current convertible notes payable, net of discount		(444,444	)		(809,242	)
Total long-term convertible notes payable, net	$	-		$	-

Schedule of fair values of conversion option and warrants

	As of December 31, 2022
	Conversion Option			Warrants
Volatility		75.43	%	75.43-107.09		%
Dividend Yield		0	%		0	%
Risk-free rate		4.76	%	4.22-4.76		%
Expected term	0.5 year			0.5-4.5 years
Stock price	$	0.012		$	0.018
Exercise price	$	0.18		$	0.006-0.30
Derivative liability fair value	$	-		$	491,913

Schedule of fair value of derivative liability

Fair value as of December 31, 2020	$	1,305,106
Fair value on the date of issuance related to warrants issued		493,671
Extinguishment due to repayment of debt		(19,748	)
Extinguishment due to conversion of debt		(72,958	)
Loss on change in fair value of derivatives		(1,380,263	)
Fair value as of December 31, 2021		325,808
Fair value on the date of issuance of new derivatives		167,620
Extinguishment due to repayment of debt		(7,655	)
Extinguishment due to exercise of warrant		-
Gain on change in fair value of derivatives		6,140
Fair value as of December 31, 2022	$	491,913