SCHEDULE OF FAIR VALUE OF DERIVATIVE LIABILITY (Details) - USD ($) |
3 Months Ended | 9 Months Ended | ||
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Sep. 30, 2021 |
Sep. 30, 2020 |
Sep. 30, 2021 |
Sep. 30, 2020 |
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Derivative Instruments and Hedging Activities Disclosure [Abstract] | ||||
Beginning balance, December 31, 2020 | $ 797,000 | |||
Change in fair value of derivative liabilities | $ (472,143) | $ 211,000 | (670,143) | $ 211,000 |
Ending balance, September 30, 2021 | $ 126,857 | $ 126,857 |
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- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The difference between the book value and the sale price of options, swaps, futures, forward contracts, and other derivative instruments. This element refers to the gain (loss) included in earnings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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