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FAIR VALUE MEASUREMENTS (Tables) | 3 Months Ended
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Mar. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of Liabilities Measured on Recurring Basis | The following table presents our assets and liabilities measured at fair value on a recurring basis at March 31, 2023:
|  |  | Fair Value Measurements at
|  |  | March 31, 2023
| Total |  | Quoted Prices in Active Markets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Liabilities: |  |  |  |  |  |  |
Ionic convertible debenture derivative | $ | (24,000) |  |  | $ | — |  |  | $ | — |  |  | $ | (24,000) |
LINICO related derivative | (5,468,162) |  |  | — |  |  | (5,468,162) |  |  | — |
Haywood derivative | (1,190,000) |  |  | — |  |  | (1,190,000) |  |  | — |
GenMat derivative | (5,234,043) |  |  | — |  |  | (5,234,043) |  |  | — |
Total liabilities measured at fair value | $ | (11,916,205) |  |  | $ | — |  |  | $ | (11,892,205) |  |  | $ | (24,000) |
The following table presents our assets and liabilities at December 31, 2022, measured at fair value on a recurring basis:
|  |  | Fair Value Measurements at
|  |  | December 31, 2022
| Total |  | Quoted Prices in Active Markets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Liabilities: |  |  |  |  |  |  |
Ionic convertible debenture derivative | $ | (420,000) |  |  | $ | — |  |  | $ | — |  |  | $ | (420,000) |
LINICO related derivative | (6,053,162) |  |  | — |  |  | (6,053,162) |  |  | — |
Haywood derivative | (1,480,000) |  |  | — |  |  | (1,480,000) |  |  | — |
GenMat derivative | (6,592,638) |  |  | — |  |  | (6,592,638) |  |  | — |
Total liabilities measured at fair value | $ | (14,545,800) |  |  | $ | — |  |  | $ | (14,125,800) |  |  | $ | (420,000) |

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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