Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.2
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
Schedule of assets and liabilities measured at fair value on a recurring basis

    At
September 30,
2020		     At
December 31,
2019		  
Description   Level 1     Level 2     Level 3     Level 1     Level 2     Level 3  
Derivative liabilities     -       -     $ -       -       -     $ 890,410  
Schedule of roll forward of the level 3 valuation financial instruments

    For the Nine Months Ended
September 30,		  
    2020     2019  
Balance at beginning of period   $ 890,410     $ -  
Initial valuation of derivative liabilities included in debt discount     85,502       222,720  
Initial valuation of derivative liabilities included in derivative expense     160,416       371,103  
Gain on extinguishment of debt related to repayment/conversion of debt     (1,066,535 )     -  
Change in fair value included in derivative expense     (69,793 )     9,902  
Balance at end of period   $ -     $ 603,725  
Schedule of warranty liability

    For the Nine Months Ended
September 30,		  
    2020     2019  
Balance at beginning of period   $ 26,933     $ 24,190  
Increase in estimated warranty liability     -       4,650  
Warranty expenses incurred     (100 )     (1,837 )
Balance at end of period   $ 26,833     $ 27,003  
Schedule of diluted common shares outstanding

    September 30,  
    2020     2019  
Convertible notes     -       16,666,667  
Stock options     8,445,698       11,445,698  
Warrants     2,050,000       1,750,000  
Series B preferred stock     17,142,857       -  
Series C preferred stock     100,000,000       -  
Non-vested, forfeitable common shares     23,851,926       16,375,299