Quarterly report pursuant to Section 13 or 15(d)

Fair Value, Derivative Financial Instruments and Deemed Dividends (Tables)

v3.23.2
Fair Value, Derivative Financial Instruments and Deemed Dividends (Tables)
 6 Months Ended
Jun. 30, 2023
Fair Value Derivative Financial Instruments And Deemed Dividends  
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 June 30, 2023 (unaudited) and December 31, 2022:

 

    Level 1     Level 2     Level 3     Total  
                         
As of June 30, 2023:                                
Asset - InnovaQor Series B-1 Preferred Stock   $ -     $ -     $ 9,016,072     $ 9,016,072  
Liability - Embedded conversion option of debenture     -       -       455,336       455,336  
                                 
As of December 31, 2022:                                
Asset - InnovaQor Series B-1 Preferred Stock   $ -     $ -     $ 9,016,072     $ 9,016,072  
Liability - Embedded conversion option of debenture     -       -       455,336       455,336