SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Derivatives, Policy (Policies) |
3 Months Ended |
|---|---|
Apr. 30, 2025 | |
| Policies | |
| Derivatives, Policy | DERIVATIVE LIABILITIES Derivative liabilities include the fair value of instruments such as common stock warrants, preferred stock warrants and convertible features of notes, that are initially recorded at fair value and are required to be re-measured to fair value at each reporting period under provisions of ASC 480, Distinguishing Liabilities from Equity, or ASC 815, Derivatives and Hedging. The change in fair value of the instruments is recognized as a component of other income (expense) in the Company’s statements of operations until the instruments settle, expire or are no longer classified as derivative liabilities. The Company estimates the fair value of these instruments using the Black-Scholes pricing model. The significant assumptions used in estimating the fair value include the exercise price, volatility of the stock underlying the instrument, risk-free interest rate, estimated fair value of the stock underlying the instrument and the estimated life of the instrument. At April 30, 2025 and January 31, 2025, the Company had $3,429,126 and $0 derivative liability, respectively. |