10. ACCRUED ISSUABLE EQUITY (AS RESTATED)

As of September 30, 2020, warrants to purchase an aggregate of 28,935 shares of common stock at an exercise price of $5.28 per share were issuable to A.G.P. (see Note 9) in connection with the placement of the Dominion, Kingsbrook and Alpha Capital Anstalt convertible notes (see Notes 6, 7 and 8) and were valued at issuance at $172,248 using the Black-Scholes option pricing model and certain assumptions (restricted stock price of $7.36; expected term of 4.25-4.5 years; volatility of 207%; dividends of 0.00% and a risk-free rate of 0.28-0.33%). As of September 30, 2020, the warrants had not been issued and the Company recorded an increase in the fair value of $35,149 for the unissued warrants.