XML 52 R42.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONVERTIBLE NOTE PAYABLE (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
SCHEDULE OF CONVERTIBLE NOTE PAYABLE

Principal due under the convertible note payable was as follows at December 31, 2023 and December 31, 2022:

 

  

December 31,

2023

  

December 31,

2022

 
         
Note payable, 0%   4,637,250    9,743,333 
Less: debt discount   -   (1,831,828)
Note payable, net  $4,637,250   $7,911,505 

SCHEDULE OF FAIR VALUE OF OPTION WITH ASSUMPTIONS

 SCHEDULE OF FAIR VALUE OF OPTION WITH ASSUMPTIONS 

  

Dividend

Yield

   Expected Volatility  

Risk-free Interest

Rate

  

Expected

Life

 
Hudson Bay Warrant; March 2023   0.00%   143.23%   3.88%   2.5 years  
Palladium Capital Warrant; March 2023   0.00%   143.23%   3.88%   2.5 years  
 
  

Dividend

Yield

   Expected Volatility  

Risk-free Interest

Rate

  

Expected

Life

 
Hudson Bay Warrant; March 2023   0.00%   143.81%   3.67%   2.5 years 
Palladium Capital Warrant; March 2023   0.00%   143.81%   3.67%   2.5 years 
  
  

Dividend

Yield

   Expected Volatility  

Risk-free Interest

Rate

  

Expected

Life

 
Hudson Bay Warrant; as adjusted January 2023   0.00%   142.28%   4.10%   2.5 years 
Palladium Capital Warrant; as adjusted January 2023   0.00%   142.28%   4.10%   2.5 years 
BHP Warrant; as adjusted January 2023   0.00%   142.28%   4.10%   2.5 years