XML 79 R69.htm IDEA: XBRL DOCUMENT v3.21.2
The following table summarizes the changes in the Company’s investments in AVLP, Alzamend and Ault & Company during the six months ended June 30, 2021 (Details) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Acquired Indefinite-lived Intangible Assets [Line Items]          
Fair value of warrants issued by AVLP $ (290,000) $ 10,000 $ 388,000 $ 6,000  
Avalanche International Corp And Alzamend [Member]          
Acquired Indefinite-lived Intangible Assets [Line Items]          
Balance at January 1, 2021     16,807,000    
Investment in convertible promissory notes of AVLP     1,540,000    
Investment in convertible promissory note of Alzamend     (50,000)    
Investment in promissory note of Ault & Company     2,500,000   $ 50,000
Investment in common stock of AVLP and Alzamend     14,093,000    
Investment in warrants of Alzamend     954,000    
Short-term advance in Alzamend     (750,000)   750,000
Fair value of warrants issued by AVLP     2,240,000    
Unrealized loss in warrants of AVLP     (2,924,000)    
Unrealized gain in warrants of Alzamend     8,612,000    
Unrealized gain in common stock of AVLP and Alzamend     31,241,000    
Accretion of discount     4,000    
Accrued interest     1,000    
Balance at June 30, 2021 74,268,000   74,268,000   16,807,000
Avalanche International Corp And Alzamend [Member] | Warrants and Common Stock [Member]          
Acquired Indefinite-lived Intangible Assets [Line Items]          
Balance at January 1, 2021     6,139,000    
Investment in convertible promissory notes of AVLP        
Investment in convertible promissory note of Alzamend        
Investment in promissory note of Ault & Company        
Investment in common stock of AVLP and Alzamend     14,093,000    
Investment in warrants of Alzamend     954,000    
Short-term advance in Alzamend        
Fair value of warrants issued by AVLP     2,240,000    
Unrealized loss in warrants of AVLP     (2,924,000)    
Unrealized gain in warrants of Alzamend     8,612,000    
Unrealized gain in common stock of AVLP and Alzamend     31,241,000    
Accretion of discount        
Accrued interest        
Balance at June 30, 2021 60,355,000   60,355,000   6,139,000
Avalanche International Corp And Alzamend [Member] | Convertible Promissory Note [Member]          
Acquired Indefinite-lived Intangible Assets [Line Items]          
Balance at January 1, 2021     10,668,000    
Investment in convertible promissory notes of AVLP     1,540,000    
Investment in convertible promissory note of Alzamend     (50,000)    
Investment in promissory note of Ault & Company     2,500,000    
Short-term advance in Alzamend     (750,000)    
Accretion of discount     4,000    
Accrued interest     1,000    
Balance at June 30, 2021 $ 13,913,000   $ 13,913,000   $ 10,668,000