Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.20.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Financial instruments at fair value on a recurring basis
    At June 30, 2020   At December 31, 2019
Description   Level 1   Level 2   Level 3   Level 1   Level 2   Level 3
Derivative liabilities     —         —       $ 468,387       —         —       $ 880,410  
                                                 
Roll forward of the level 3 valuation financial instruments
    For the Six
Months Ended
June 30, 2020
Balance at beginning of period   $ 880,410  
Transfers out due to conversions of convertible notes into common shares     (55,555 )
Change in fair value included in derivative gain     (356,468 )
Balance at end of period   $ 468,387  
Anti-dilutive securities
    2020   2019
      (Unaudited)       (Unaudited)  
Stock Options     4,781,697       5,684,375  
Stock Warrants     2,014,299       1,154,500  
Restricted stock to be issued upon vesting     6,461,536       —    
Convertible Preferred Stock     9,460,845       5,542,212  
Convertible Debt     8,143,768       250,000  
Total     30,862,145       12,631,087