A
summary of the activity related to derivative liabilities for the three months ended March 31, 2025, and 2024, is as follows:
SCHEDULE OF DERIVATIVE LIABILITIES AT FAIR VALUE
| | |
Derivative liabilities associated with warrants | | |
Derivative liabilities associated with
convertible notes | | |
Total derivative liabilities | |
| | |
| | |
| | |
| |
| Balance January 1, 2025 | |
$ | 176,103 | | |
$ | 34,390 | | |
$ | 210,493 | |
| Fair value of issuances during the period | |
| - | | |
| - | | |
| - | |
| Change in fair value | |
| (118,783 | ) | |
| 7,024 | | |
| (111,759 | ) |
| Balance March 31, 2025 | |
$ | 57,320 | | |
$ | 41,414 | | |
$ | 98,734 | |
| | |
Derivative liabilities associated with warrants | | |
Derivative liabilities associated with convertible notes | | |
Total derivative liabilities | |
| | |
| | |
| | |
| |
| Balance January 1, 2024 | |
$ | 1,187,076 | | |
$ | 29,002 | | |
$ | 1,216,078 | |
| Fair value of issuances during the period | |
| - | | |
| - | | |
| - | |
| Change in fair value | |
| (465,157 | ) | |
| 3,152 | | |
| (462,005 | ) |
| Balance March 31, 2024 | |
$ | 721,919 | | |
$ | 32,154 | | |
$ | 754,073 | |
|