DERIVATIVE LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

SCHEDULE OF CHANGES IN THE FAIR VALUE OF COMPANY'S LEVEL 3 FINANCIAL INSTRUMENTS

Changes in the fair value of the Company’s financial instruments for the nine months ended March 31, 2024 and 2023 were as follows:

	Level 1			Level 3			Level 3
	IPO and Rep Warrants			Debenture Warrants			Debenture Convertible Feature			Total
Balance at January 1, 2024	$	11,308		$	955,000		$	1,724,000		$	2,690,308
Additions		-			564,000			359,000			923,000
Conversions		-			-			(630,106	)		(630,106	)
Change in fair value		17,273			(736,181	)		742,677			23,769
Effect of exchange rate changes		(285	)		(23,819	)		(43,571	)		(67,675	)
Balance at March 31, 2024	$	28,296		$	759,000		$	2,152,000		$	2,939,296

	Level 1		Level 3			Level 3
	IPO and Rep Warrants		Debenture Warrants			Debenture Convertible Feature			Total
Balance at January 1, 2023	$	275,115	$	2,917,000		$	1,457,000		$	4,649,115
Additions		-		2,378,000			1,599,000			3,977,000
Conversions		-					(111,597	)		(111,597	)
Change in fair value		107,159		(2,930,015	)		(551,176	)		(3,374,032	)
Effect of exchange rate changes		1,402		(55,985	)		(19,227	)		(73,810	)
Balance at March 31, 2023	$	383,676	$	2,309,000		$	2,374,000		$	5,066,676