Quarterly report pursuant to Section 13 or 15(d)

COMMON STOCK, PREFERRED STOCK AND WARRANTS (Tables)

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COMMON STOCK, PREFERRED STOCK AND WARRANTS (Tables)
 3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
SCHEDULE OF ISSUED SHARES OF COMMON STOCK

During the three months ended March 31, 2022, the Company issued shares of common stock as follows:

 

         
Stock based compensation for services     18,750  
Stock based compensation for services performed by one prior Director     10,000  
Conversions of debentures and accrued expenses     5,469  
Total common stock issued in the first quarter of 2022     34,219  

 

During the three months ended March 31, 2021, the Company issued shares of common stock as follows:

 

         
Stock based compensation for services     6,250  
Conversions of debentures and accrued expenses     15,825  
Conversion of Bridge Notes     165,692  
Conversion of Series A Preferred Stock     18,750  
Total common stock issued in the first quarter of 2021     206,517  
SCHEDULE OF STOCKHOLDERS' EQUITY NOTE, WARRANTS OR RIGHTS

The following is a summary of all outstanding common stock warrants as of March 31, 2022:

 

    Number of
Warrants		     Exercise price
per share		     Average remaining term in years
                 
Warrants issued in connection with issuance of Series B Preferred Stock to lead investor     11,875     $ 10.00     January 15, 2023
Warrants issued in connection with convertible notes     25,208     $ 24.00     October 31, 2022