Quarterly report pursuant to Section 13 or 15(d)

(RESTATED) - DEFERRED RD OBLIGATIONS - PARTICIPATION AGREEMENTS (Details Narrative)

v3.22.1
(RESTATED) - DEFERRED RD OBLIGATIONS - PARTICIPATION AGREEMENTS (Details Narrative)
9 Months Ended 18 Months Ended
Sep. 30, 2021
USD ($)
Sep. 30, 2021
USD ($)
integer
shares
Number of license co-development participation agreements | integer   21
Revenue Share 44.775% 44.78%
Proceeds from sales as future revenues   $ 2,985,000
Warrants issued and sold | shares   106,315
Warrants issued and, value   $ 953,897
Deferred revenue   $ 2,031,103
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%
Contra R&D expense related to personnel and third-party expenses   $ 350,099
Maximum [Member]    
Volatilities rate   154.26%
Discount rates   0.45%
Minimum [Member]    
Volatilities rate   139.55%
Discount rates   0.26%
HEP Investments, LLC    
Proceeds from Loans $ 9,000 $ 265,000
MKY MTS LLC    
Proceeds from Loans   45,000
Strome    
Proceeds from Loans   $ 500,000