SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2021

SCHEDULE OF POTENTIALLY DILUTIVE SECURITIES

Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share for the three and nine months ended September 30, 2021 and 2020 because the effect of their inclusion would have been anti-dilutive.

	For the three and nine months ended September 30, 2021		For the three and nine months ended September 30, 2020
Warrants to purchase shares of common stock		10,576,654		332,854
Convertible notes		-		139,721
Restricted stock units		5,775,171		-
Restricted stock awards		28,861		-
Options to purchase shares of common stock		1,147,334		797,372
Total potentially dilutive securities		17,528,020		1,269,947

SCHEDULE OF FAIR VALUE HIERARCHY OF VALUATION INPUTS ON RECURRING BASIS

The following table provides the financial liabilities measured on a recurring basis and reported at fair value on the unaudited condensed consolidated balance sheet as of September 30, 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

	Level		September 30, 2021
Warrant liabilities – January Warrants		3	$	1,487,234
Warrant liabilities – February Warrants		3		1,416,391
Put rights in warrants issued prior to and surviving amalgamation with Ameri		2		262,491
Fair value as of September 30, 2021			$	3,166,116

SCHEDULE OF FAIR VALUE OF WARRANT LIABILITIES

The following table presents the changes in fair value of the warrant liabilities:

	January Warrants			February Warrants			Total Warrant Liability
Fair value as of December 31, 2020	$	-		$	-		$	-
Initial value of warrant liability		4,846,000			5,135,000			9,981,000
Change in fair value		(3,358,767	)		(3,718,609	)		(7,077,376	)
Fair value of put rights in warrants issued prior to and surviving amalgamation with Ameri								262,491
Fair value as of September 30, 2021	$	1,487,234		$	1,416,391		$	3,166,116

Initial Measurement [Member]

SCHEDULE OF BLACK SCHOLES VALUATION MODELS OF WARRANT LIABILITIES

	January Warrants			February Warrants
	January 13, 2021			February 12, 2021
Term (years)		5.0			5.0
Stock price	$	4.21		$	4.62
Exercise price	$	4.95		$	4.90
Dividend yield		0.0	%		0.0	%
Expected volatility		84.7	%		84.7	%
Risk free interest rate		0.5	%		0.5	%
Number of shares		1,821,449			1,714,005
Value (per share)	$	2.66		$	3.00

Subsequent Measurement [Member]

SCHEDULE OF BLACK SCHOLES VALUATION MODELS OF WARRANT LIABILITIES

The key inputs into the Black Scholes valuation model for the Level 3 valuations as of September 30, 2021 are below:

	January Warrants			February Warrants
Term (years)		4.3			4.3
Stock price	$	2.07		$	2.07
Exercise price	$	4.95		$	4.90
Dividend yield		0.0	%		0.0	%
Expected volatility		77.1	%		76.7	%
Risk free interest rate		0.98	%		0.98	%
Number of shares		1,821,449			1,714,005
Value (per share)	$	0.82		$	0.83