v3.21.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of fair value measurements

 

 

Fair Value Measurement

 

 

 

Carrying Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

As of March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities, debt and equity instruments

 

$

265,062

 

 

 

 

 

 

 

 

$

265,062

 

As of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities, debt and equity instruments

 

$

238,395

 

 

 

 

 

 

 

 

$

238,395

 

Schedule of Level 3 assets measured at fair value

Balance, December 31, 2019

 

$

72,904

 

Changes in fair value of derivative

 

 

165,491

 

Balance, December 31, 2020

 

$

238,395

 

Change in fair value of derivative

 

 

26,667

 

Balance, March 31, 2021

 

$

265,062