FAIR VALUE MEASUREMENT

3 Months Ended

Sep. 30, 2024

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT

NOTE 12 – FAIR VALUE MEASUREMENT

Fair value measurements

At September 30, 2024 and June 30, 2024, the fair value of derivative liabilities is estimated using the Cox, Ross & Rubinstein Binomial Tree valuation model using inputs that include the expected volatility, the implied risk-free interest rate, as well as the expected dividend rate. The derivative liabilities are the only Level 3 fair value measures.

At September 30, 2024 the estimated fair values of the liabilities measured on a recurring basis are as follows:

	Fair Value Measurements at
	September 30, 2024:
	(Level 1)		(Level 2)		(Level 3)
Derivative liability – Convertible notes	$		$		$	15,455
Total derivative liability	$	-	$	-	$	15,455