Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

As of June 30, 2022, there were the following potentially dilutive securities that were excluded from diluted net loss per share because their effect would be anti-dilutive (all shares adjusted to reflect a 40:1 reverse stock split effected on March 9, 2022):

 

 

Shares from common stock options     177,815  
Shares from common stock warrants     37,083  
Shares from the conversion of convertible notes and accrued interest     78,584  
Shares from the conversion of Series A Stock inclusive of cumulative dividends     110,437  
Shares from the conversion of Series B Preferred Stock inclusive of dividends     271,490  

 

As of June 30, 2021, there were the following potentially dilutive securities that were excluded from diluted net loss per share because their effect would be anti-dilutive (all shares adjusted to reflect a 40:1 reverse stock split effected on March 9, 2022):

 

Shares from common stock options     11,715  
Shares from common stock warrants     187,339  
Shares from the conversion of debentures     5,469  
Shares from the conversion of Series A Stock     75,000  
Shares from the conversion of Series B Preferred Stock     390,625  
Shares from the conversion of Series E-1 Preferred Stock     212,500