XML 35 R23.htm IDEA: XBRL DOCUMENT v3.25.1
Convertible Note Payable (Tables)
3 Months Ended
Mar. 31, 2025
Convertible Note Payable [Abstract]  
Schedule of Derivative Liability

A summary of the activity of the derivative liability for the notes above is as follows:

 

Balance at December 31, 2023   
 
Increase to derivative due to new issuances   207,350 
Decrease to derivative due to conversion/repayments   (28,269)
Derivative gain due to mark to market adjustment   (27,067)
Balance at December 31, 2024  $152,014 
Increase to derivative due to new issuances   239,866 
Decrease to derivative due to conversion/repayments   
 
Derivative gain due to mark to market adjustment   (208,026)
Balance at March 31, 2025  $183,854 
Schedule of Quantitative Information about Significant Unobservable Inputs

A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy as of December 31, 2024 is as follows:

 

Inputs   March 31
2025
    Initial
Valuation
 
Stock price   $ 0.01     $ 0.0076 - 0.0114  
Conversion price   $ 0.0073     $ 0.0039 - 0.007  
Volatility (annual)     96.4 – 113.4 %     105.7 – 116.9 %
Risk-free rate     4.13 – 4.23 %     4.28 - 4.44 %
Dividend rate            
Years to maturity     0.42 - .75       .75