v3.21.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2020
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, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities, debt and equity instruments

 

$

238,395

 

 

 

 

 

 

 

 

$

238,395

 

As of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities, debt and equity instruments

 

$

72,904

 

 

 

 

 

 

 

 

$

72,904

 

Schedule of Level 3 assets measured at fair value

Balance, December 31, 2018

 

$

111,291

 

Changes in fair value of derivative

 

 

(38,387

)

Balance, December 31, 2019

 

$

72,904

 

Change in fair value of derivative

 

 

165,491

 

Balance, December 31, 2020

 

$

238,395