Derivative Financial Instruments and Fair Value (Tables)

12 Months Ended

Dec. 31, 2021

Derivative Financial Instruments And Fair Value

Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis

The following table sets forth the financial assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2021 and 2020:

	Level 1		Level 2		Level 3		Total
As of December 31, 2020:
InnovaQor Series B Preferred Stock	$	-	$	-	$	-	$	-
Embedded conversion option of debenture		-		-		455,336		455,336
Total	$	-	$	-	$	455,336	$	455,336
As of December 31, 2021:
InnovaQor Series B Preferred Stock	$	-	$	-	$	9,016,072	$	9,016,072
Embedded conversion option of debenture		-		-		455,336		455,336
Total	$	-	$	-	$	9,471,408	$	9,471,408