v3.20.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of fair value measurements

 

 

Fair Value Measurement

 

Carrying Value

 

Level 1

 

Level 2

 

Level 3

 

As of December 31, 2019

 

Derivative liabilities, debt and equity instruments

 

$

72,904

 

 

 

$

72,904

 

As of December 31, 2018

 

Derivative liabilities, debt and equity instruments

 

$

111,291

 

 

 

$

111,291

 

Schedule of Level 3 assets measured at fair value

 

Balance, December 31, 2017

 

$

 

Beneficial conversion derivative liability assumed in Merger

 

172,532

 

Changes in fair value of derivative

 

(61,241

)

Balance, December 31, 2018

 

$

111,291

 

Change in fair value of derivative

 

(38,387

)

Balance, December 31, 2019

 

$

72,904