v3.25.4
DERIVATIVE LIABILITIES AND FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2025
Derivative Liabilities And Fair Value Measurements  
SCHEDULE OF FAIR VALUE ON A RECURRING BASIS IN THE ACCOMPANYING FINANCIAL STATEMENTS

Items recorded or measured at fair value on a recurring basis in the accompanying consolidated financial statements consisted of the following items as of June 30, 2025 and December 31, 2024:

 

       Quoted Prices   Significant     
       in Active   Other   Significant 
       Markets for   Observable   Unobservable 
   June 30,   Identical Assets   Inputs   Inputs 
   2025   (Level 1)   (Level 2)   (Level 3) 
Derivative liability  $    -   $   -   $       -   $-          

 

       Quoted Prices   Significant     
       in Active   Other   Significant 
       Markets for   Observable   Unobservable 
   December 31,   Identical Assets   Inputs   Inputs 
   2024   (Level 1)   (Level 2)   (Level 3) 
Derivative liability  $       -   $   -   $        -   $         - 
SCHEDULE OF CHANGES IN FAIR VALUE ON THE COMPANY’S LEVEL 3 FINANCIAL LIABILITIES

The following table provides a summary of changes in fair value of the Company’s Level 3 financial liabilities for the three months ended June 30, 2025 and the year ended December 31, 2024:

 

Balance, December 31, 2023  $- 
Establishment of derivative liability upon authorized share shortfall   64,951,789 
Gain on change in fair value of derivative liability   (48,314,949)
Settlement of derivative liability upon correction of authorized share shortfall   (16,636,840)
Mark to market to December 31, 2024   - 
Balance, December 31, 2024  $- 
Mark to market to June 30, 2025   - 
Balance, June 30, 2025  $-