WARRANTS

v3.22.1

WARRANTS	12 Months Ended
	Dec. 31, 2021
Warrants and Rights Note Disclosure [Abstract]
WARRANTS	WARRANTS The following table summarizes warrant activity for the years ended December 31, 2021 and 2020: Shares Weighted- Average Exercise Price Warrants Outstanding as of January 1, 2020 1,313,459  $ 2.67  Warrants Issued —  $ —  Warrants Expired (236,904) $ 5.73  Warrants Outstanding as of December 31, 2020 1,076,555  $ 1.99  Warrants Issued 85,336,515  $ 0.08  Warrants Exercised (586,198) $ 0.07  Warrants Outstanding as of December 31, 2021 85,826,872  $ 0.22  The weighted-average exercise price and weighted-average fair value of the warrants granted by the Company during 2021 were as follows: For the Year Ended December 31, 2021 Weighted- Average Exercise Price Weighted- Average Fair Value Warrants Granted Whose Exercise Price Exceeded Fair Value at the Date of Grant $ 0.08  $ 0.21  Warrants Granted Whose Exercise Price Was Equal or Lower Than Fair Value at the Date of Grant $ —  $ —  The Company estimated the fair value of the warrants issued during 2021 utilizing the Black-Scholes option-pricing model with the following weighted-average inputs: Year Ended December 31, 2021 Volatility 112.6  % Term 3.8 years Risk-Free Interest Rate 0.2  % Expected Dividend Rate 0.0  % For the years ended December 31, 2021 and 2020, zero warrants were issued in connection with debt and recorded as a debt discount.