Quarterly report pursuant to Section 13 or 15(d)

WARRANTS (Tables)

v3.22.2.2
WARRANTS (Tables)
9 Months Ended
Sep. 30, 2022
Warrants  
SCHEDULE OF FAIR VALUE OF WARRANTS

The following table summarizes the calculated aggregate fair values for the warrants using the Black-Scholes method based on the following assumptions at September 30, 2022:

 

Exercise price per share of warrant   $ 5.25  
Fair market closing price per share of Common Stock   $ 4.13  
Volatility     107-121%  
Expected term (years)     5.0  
Risk-free interest rate     1.37-1.62%  
Dividend yield     0 %