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Derivative Liability (Tables)
3 Months Ended
Mar. 31, 2025
Derivative Liability  
Schedule of estimated fair values of the liabilities measured

 

 

March 31,

 

December 31

 

 

 

2025

 

2024

 

Expected term

 

0.21 – 1 year

 

0.29 years

 

Risk-free interest rate

 

4.02 – 4.30

%

 

4.15%

Stock price at valuation date

 

0.89 – 1.20

 

$0.73

 

Expected average volatility

 

97.5 – 146.5

 

 

95.41%
Summarizes the changes in the derivative liabilities

Fair Value Measurements Using Significant Observable Inputs (Level 3)

 

Balance - December 31, 2024

 

$1,055,233

 

Addition of new derivatives recognized as debt discounts

 

 

1,027,000

 

Loss on change in fair value of the derivative

 

 

804,767

 

Balance - March 31, 2025

 

$2,887,000