v3.25.2
Notes Payable (Tables)
 6 Months Ended
Jun. 30, 2025
Notes Payable [Abstract]  
Schedule of Convertible Notes

The balance of the convertible notes as of June 30, 2025, and December 31, 2024, is as follows:

 

   June 30,   December  31, 
   2025   2024 
Convertible notes payable  $43,138   $43,138 
Less: Discount   
-
    
-
 
Convertible notes payable, net  $43,138   $43,138 
Schedule of Promissory Notes

The balance of the promissory notes as of June 30, 2025, and December 31, 2024, is as follows:

 

   June 30,   December  31, 
   2025   2024 
Notes payable, net  $17,722,932   $19,722,931 
Notes payable-related parties   7,800    7,800 
Notes payable, net of current portion   3,374,999    
-
 
    21,105,731    19,730,731 
Less: Discount   (617,983)   
-
 
Promissory notes payable, net  $20,487,748   $19,730,731 
Schedule of Fair Values of the Embedded Convertible Notes Derivatives and Tainted Convertible Notes Using the Lattice Valuation

The Company determined the fair values of the embedded convertible notes derivatives and tainted convertible notes using the lattice valuation model with the following assumptions:

 

   June 30, 
   2025 
Common stock issuable   143,395 
Market value of common stock on measurement date  $0.043 
Adjusted exercise price  $0.06 
Risk free interest rate   3.99%
Instrument lives in years   0.00 Year 
Expected volatility   327.90%
Expected dividend yields   None 
Schedule of Fair Value of the Derivative Liability

The balance of the fair value of the derivative liability as of June 30, 2025, and December 31, 2024, is as follows:

 

Balance at December 31, 2023  $2,146 
Additions   
-
 
Fair value loss   2,543 
Conversions   
-
 
Balance at December 31, 2024   4,689 
Additions   
-
 
Fair value gain   1,477 
Conversions   
-
 
Balance at June 30, 2025  $6,166