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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

 

   Year Ended December 31, 
   2021   2020 
Warrants   3,987,931    1,881,429 
Preferred Stock Warrants   -    4,748 
Stock Options   1,395,882    713,010 
Preferred Stock   148,918    243,024 
Total Underlying Common Shares   5,532,731    2,842,211 
Schedule of Warrant Liability Measured on Recurring Basis

The fair value of the warrant liability measured on a recurring basis is as follows:

 

   December 31, 2021   Date of Issuance March 26, 2021
   Fair Value   Input Level   Fair Value   Input Level
                   
Derivative Liability - Warrants  $-         -   $5,708,212   Level 3
Schedule of Derivative Liability Measured on a Recurring Basis Using Significant Unobservable Input (Level 3)

The following table presents a reconciliation of the derivative liability measured at fair value on a recurring basis using significant unobservable input (Level 3):

 

   Warrants 
Fair Value on Issuance Date  $5,708,212 
Change in Fair Value   (1,092,441)
Fair Value on May 24, 2021   4,615,771 
Extinguishment of Derivative Liability   (4,615,771)
Fair Value on December 31, 2021  $-