Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.21.2
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis

The following table sets forth the financial assets and liabilities carried at fair value measured on a recurring basis as of September 30, 2021 and December 31, 2020:

 

    Level 1     Level 2     Level 3     Total  
                (unaudited)        
As of December 31, 2020:                                
                                 
InnovaQor Series B Preferred Stock   $ -     $ -     $ -     $ -  
Embedded conversion option of debenture     -     $ -     $ 455,336     $ 455,336  
Total   $ -     $ -     $ 455,336     $ 455,336  
                                 
As of September 30, 2021:                                
InnovaQor Series B Preferred Stock   $ -     $ -     $ 9,016,072     $ 9,016,072  
Embedded conversion option of debenture     -       -       455,336       455,336  
Total   $ -     $ -     $ 9,471,408     $ 9,471,408