DERIVATIVE LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2024

SCHEDULE OF DERIVATIVE LIABILITIES

The derivative liabilities as of March 31, 2024 and December 31, 2023 were as follows:

	March 31, 2024		December 31, 2023
Fair value of the Platinum Point Warrants (25,000 warrants)	$	-	$	17,500
	$	-	$	17,500

SCHEDULE OF ACTIVITY RELATED TO DERIVATIVE LIABILITIES

Activity related to the derivative liabilities for the three months ended March 31, 2024 were as follows:

Beginning balance as of December 31, 2023	$	17,500
Change in fair value of warrant - derivative liability		(17,500	)
Ending balance as of March 31, 2024	$	-

Black Scholes Valuation Model [Member]

SCHEDULE OF VALUATION ASSUMPTIONS

The fair value of the Platinum Point Warrants derivative liability is estimated using a Black-Scholes valuation model with a stock price of $11.60. Changes to the inputs used in the model could produce a significantly higher or lower fair value. The following assumptions were used as of March 31, 2024 and December 31, 2023:

	Three Months Ended March 31, 2024			Year Ended December 31, 2023
Expected term (years)		0.00			0.12
Expected volatility		0.00	%		1,288.16	%
Expected dividend yield		0.00	%		0.00	%
Risk-free interest rate		0.00	%		4.79	%