v3.23.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Measurements  
Schedule of liabilities that are measured at fair value on a recurring basis

    

    

    

    

    

    

 

December 31

 

December 31

Description

 

Level

 

2022

 

2021

Liabilities:

 

  

 

  

 

  

Warrant liability (Note 6)

 

3

$

1,510,000

$

Bifurcated embedded derivative liability (Note 6)

 

3

$

369,400

$

Summary of the change in the fair value of the liabilities that is measured at fair value on a recurring basis

    

December 31, 2022

Balance on December 31, 2021

$

Issuance of warrants

 

9,915,000

Change in fair value of warrant liability

 

8,405,000

Balance on December 31, 2022

$

1,510,000

    

December 31, 2022

Balance on December 31, 2021

$

Issuance of convertible preferred stock with bifurcated embedded derivative

 

2,191,300

Change in fair value of bifurcated embedded derivative

 

1,821,900

Balance on December 31, 2022

$

369,400