XML 29 R15.htm IDEA: XBRL DOCUMENT v3.25.3
Fair Value of Financial Instruments
9 Months Ended
Sep. 30, 2025
Fair Value of Financial Instruments  
Fair Value of Financial Instruments

NOTE 8 – FAIR VALUE OF FINANCIAL INSTRUMENTS

 

The Company evaluates its financial assets and liabilities subject to fair value measurements on a recurring basis to determine the appropriate level in which to classify them for each reporting period. This determination requires significant judgments to be made.

 

Liabilities measured at fair value on a recurring basis consisted of the following at September 30, 2025 and December 31, 2024:

 

 

 

September 30, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$-

 

 

$-

 

 

$315,034

 

 

$315,034

 

Total

 

$-

 

 

$-

 

 

$315,034

 

 

$315,034

 

 

 

 

December 31, 2024

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$-

 

 

$-

 

 

$338,061

 

 

$338,061

 

Total

 

$-

 

 

$-

 

 

$338,061

 

 

$338,061