Quarterly report pursuant to Section 13 or 15(d)

DEFERRED RD OBLIGATIONS PARTICIPATION AGREEMENTS (Details Narrative)

v3.22.2
DEFERRED RD OBLIGATIONS PARTICIPATION AGREEMENTS (Details Narrative)
2 Months Ended 3 Months Ended 6 Months Ended
May 31, 2021
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2022
USD ($)
integer
shares
Jun. 30, 2021
USD ($)
Number Of License Co-development Participation Agreements | integer     21  
Revenue Share     44.78%  
Proceeds From Sales As Future Revenues $ 2,985,000   $ 2,985,000  
Warrants Issued And Sold | shares     106,315  
Warrants Issued And, Value     $ 953,897  
Deferred Revenue     $ 2,031,103  
Annual Rate Of Dividends     0.00% 0.00%
Research And Development Expense   $ 67,595 $ 270,237  
Revenue Share Minimum Percentage     140.00%  
Revenue Share Minimum Percentage     30.00%  
Buy-back Premium % Pre-18 Mos.     40.00%  
Buy-back Premium % Post18 Mos.     50.00%  
Amortization Amount Attributable To Related Parties     $ 101,826  
Contra R&D expense related to personnel and third-party expenses     $ 407,085 $ 0
Volatilities Rate     135.32%  
HEP Investments, LLC        
Proceeds From Loans     $ 265,000  
MKY MTS LLC        
Proceeds From Loans     45,000  
Strome        
Proceeds From Loans     $ 500,000  
Maximum [Member]        
Volatilities Rate     154.26%  
Discount Rates     0.87%  
Minimum [Member]        
Volatilities Rate     129.13%  
Discount Rates     0.26%