Quarterly report pursuant to Section 13 or 15(d)

Derivative Liability (Tables)

v3.22.1
Derivative Liability (Tables)
3 Months Ended
Mar. 31, 2022
Derivative Liability  
Schedule of Derivative Liabilities Assumptions

The derivative liabilities were valued using a Binomial pricing model with the following average assumptions:

 

    March 31     December 31  
   

2022

   

2021

 
    (Unaudited)        
Stock Price   $ 2.88     $ 3.05  
Risk-free interest rate     2.42 %     1.26 %
Expected volatility     127 %     129 %
Expected life (in years)     3.3       3.6  
Expected dividend yield     -       -  
                 
Fair Value of Warrants   $ 120,000     $ 138,000