General form of registration statement for all companies including face-amount certificate companies

RELATED PARTY TRANSACTIONS (Tables)

v3.21.2
RELATED PARTY TRANSACTIONS (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Convertible Promissory Note [Member]    
Summary of the changes in the fair value

 

 

 

 

Fair value as of January 1, 2021

    

$

1,604,359

Change in valuation inputs and other assumptions

 

 

27,624

Fair value as of March 31, 2021

 

$

1,632,013

 

 

 

 

 

Fair value as of January 1, 2020

    

$

 —

Initial measurement on November 2, 2020

 

 

1,493,877

Change in valuation inputs and other assumptions

 

 

110,482

Fair value as of December 31, 2020

 

$

1,604,359