XML 23 R14.htm IDEA: XBRL DOCUMENT v3.26.1
DERIVATIVE LIABILITY
3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE LIABILITY

NOTE 8 — DERIVATIVE LIABILITY

 

The Company has various convertible notes outstanding that require derivative liability considerations for its conversion features. Total derivative liability on March 31, 2026 and December 31, 2025 was $3,758 and $134,433, respectively, which was principally related to convertible notes.

 

      
Balance at December 31, 2024  $510,154 
Decrease to derivative due to repayment   (1,223,594)
Increase to derivative due to new issuances   591,882 
Derivative loss due to mark to market adjustment   255,991 
Balance at December 31, 2025   134,433 
Decrease to derivative due to conversion   (334,604)
Increase to derivative due to new issuances   62,992 
Derivative loss due to mark to market adjustment   140,937 
Balance at March 31, 2026  $3,758 

 

The following table summarizes the weighted average key inputs used in the Black-Scholes model for all outstanding conversion feature derivative liabilities as of the measurement dates:

 

    March 31, 2026     December 31, 2025  
Input   Weighted Avg.     Range     Weighted Avg.     Range  
Stock price   $ 0.22     $ 0.22     $ 0.10     $ 0.10  
Exercise price (conversion price)   $ 0.318     $ 0.212     $ 0.079     $ 0.079  
Risk-free interest rate     3.72 %     3.68 %     3.59 %     3.59 %
Expected term (years)     0.87       0.87       0.52       0.520.54  
Expected volatility     500.73 %     581.29 %     555.020 %     546.69% - 559.16 %
Dividend yield     -       -       -       -