Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash $ 1,941,154 $ 8,304
Prepaid expenses and other assets 31,037 12,896
TOTAL CURRENT ASSETS 1,972,191 21,200
TOTAL ASSETS 1,972,191 21,200
CURRENT LIABILITIES    
Accounts payable and accrued expenses 210,622 308,157
Accrued payroll and related expenses 48,006 48,006
Accrued interest - related parties 1,914
Notes payable - related parties 40,992 63,992
Paycheck Protection Program Loan - current portion 52,179 34,163
Debentures 35,000 137,500
Convertible bridge notes, at fair value 3,598,000
TOTAL CURRENT LIABILITIES 388,713 4,189,818
Paycheck Protection Program Loan - net of current portion 90,763 108,779
TOTAL LIABILITIES 479,476 4,298,597
Redeemable convertible preferred stock, Series A; $0.0001 par value, 1,500 designated Series A, 480 and 600 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively (liquidation preference of $671,941) 671,941 784,044
STOCKHOLDERS' EQUITY (DEFICIT)    
Common stock, $0.0001 par value, 300,000,000 shares authorized, 27,732,928 and 19,512,517 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 2,774 1,947
Unearned deferred compensation (4,175,110) (148,333)
Subscription receivable (25,000)
Additional paid-in capital 25,853,559 11,021,840
Accumulated deficit (20,860,452) (15,911,895)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) 820,774 (5,061,441)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 1,972,191 21,200
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock value 2
Series E-1 Preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock value $ 1