CONVERTIBLE DEBT OBLIGATIONS (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

SCHEDULE OF CONVERTIBLE NOTES

Convertible debt obligations consist of the following:

	2023 Convertible Note		Preferred Share Convertible Notes		Total Principal		Debt Discount			Convertible debt, net of discount		Preferred Share Convertible Notes - Related Party
Balance at January 1, 2024	$	1,595,697	$	-	$	1,595,697	$	(274,795	)	$	1,320,902	$	-
Convertible notes issued		-		936,025		936,025		(6,725	)		929,300		-
Convertible note issued to related party		-		-		-		-			-		1,000,000
Amortization of debt discount		-		-		-		279,442			279,442		-
Convertible notes outstanding at June 30, 2024	$	1,595,697	$	936,025	$	2,531,722	$	(2,078	)	$	2,529,644	$	1,000,000

SUMMARY OF THE CHANGES IN THE FAIR VALUE OF DERIVATIVE LIABILITIES

The following table sets forth a summary of the changes in the fair value of the derivative liability that are measured at fair value on a recurring basis:

Balance at January 1, 2024	$	738,140
Add: fair value of derivative associated with convertible interest accrued during the period		155,627
Balance at June 30, 2024	$	893,767