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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
SCHEDULE OF FAIR VALUE RECURRING BASIS

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of September 30, 2022, and December 31, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

       Fair value measurements at reporting date using: 
Description  Fair Value   Quoted
prices in
active
markets
for identical
liabilities
(Level 1)		   Significant other
observable
inputs
(Level 2)		   Significant
unobservable
inputs
(Level 3)		 
Assets:                    
Cash equivalents as of September 30, 2022  $4,898,305   $4,898,305   $-   $- 
Marketable securities as of September 30, 2022  $9,913,667   $9,913,667   $-   $- 
Marketable securities as of December 31, 2021  $-   $-   $-   $- 
SCHEDULE OF WEIGHTED AVERAGE DILUTIVE COMMON SHARES

The following table summarizes the securities that were excluded from the diluted loss per share calculation:

   Three Months Ended 
   September 30, 
   2022   2021 
         
Options   864,609    588,048 
Warrants   4,739,723    3,704,997 
Unvested RSUs   208,086    293,479 
Convertible notes – common stock (1)   -    697,582 
Total   5,812,418    5,284,121 

 

   Nine Months Ended 
   September 30, 
   2022   2021 
         
Options   864,609    588,048 
Warrants   4,739,723    3,704,997 
Unvested RSUs   208,086    293,479 
Convertible notes – common stock (1)   -    697,582 
Total   5,812,418    5,284,121 

 

  (1) As of September 30, 2021, all of the convertible notes had variable conversion prices and the shares issuable were estimated based on the market conditions. Pursuant to the note agreements, there were 12,876,004 shares of common stock reserved for future note conversions as of September 30, 2021.