Quarterly report pursuant to Section 13 or 15(d)

Convertible Note Payable (Tables)

v3.22.2.2
Convertible Note Payable (Tables)
6 Months Ended
Jun. 30, 2022
Convertible Note Payable [Abstract]  
Schedule of fair value of the stock warrants was estimated at issuance using the binomial valuation model
    2022     2021  
Dividend rate     %    
—%
 
Term (in years)     4 years       5 years  
Volatility     246.6% to 329.6%       348.5%
Risk—free interest rate     2.79% to 3.12%       1.16%

 

Schedule of convertible notes payable
    June 30,
2022
    December 31,
2021
 
Convertible notes payable   $ 1,020,000     $ 825,000  
Less: unamortized debt discount     (615,937 )     (653,125 )
Convertible notes payable, net     404,063       171,875  
Less: current portion of convertible notes payable     (404,063 )     (171,875 )
Convertible notes payable – long-term   $
-
    $
-