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DERIVATIVE LIABILITY
3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE LIABILITY

NOTE 10 – DERIVATIVE LIABILITY

 

The Company has various convertible notes outstanding that require derivative liability considerations for its conversion features. Total derivative liability on March 31, 2025 was $526,033 and on December 31, 2024 was $510,154 which was principally related to convertible notes.

 

 

     
Balance at December 31, 2023  $293,621 
      
Decrease to derivative due to repayments   (66,769)
Increase to derivative due to new issuances   378,156 
Derivative gain due to mark to market adjustment   (94,854)
Balance at December 31, 2024   510,154 
Decrease to derivative due to repayments    
Increase to derivative due to new issuances    
Derivative loss due to mark to market adjustment   15,879 
Balance at March 31, 2025  $526,033 

 

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, 2025   December 31, 2024 
Input  Weighted Avg.   Range   Weighted Avg.   Range 
Stock price  $1.95   $1.95   $0.003300   $0.000611 
Exercise price (conversion price)   0.64     0.471 - 0.942     0.000611     0.0009 - 0.0011  
Risk-free interest rate   4.30%    4.03% - 4.36%     4.37%   4.37%
Expected term (years)   0.25     0.08 - 0.93     0.30     0.25 - 0.33  
Expected volatility   177.01%   143.05% - 282.84%     189.41%   333.08% - 310.70% 
Dividend yield   -    -    -    -