The
following table summarizes financial assets and liabilities measured at fair value on a recurring basis:
Schedule
of financial assets and liabilities measured at fair value on a recurring basis
| Description | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| | |
As of December 31, 2025 | |
| Description | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Liabilities: | |
| | | |
| | | |
| | | |
| | |
| Warrant liability | |
$ | - | | |
$ | - | | |
$ | 1,626,832 | | |
$ | 1,626,832 | |
| Arbitration reserve | |
| 93,041 | | |
| - | | |
| - | | |
| 93,041 | |
| Description | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| | |
As of December 31, 2024 | |
| Description | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Liabilities: | |
| | | |
| | | |
| | | |
| | |
| Warrant liability | |
$ | - | | |
$ | - | | |
$ | 14,314 | | |
$ | 14,314 | |
| Arbitration reserve | |
| 199,374 | | |
| - | | |
| - | | |
| 199,374 | |
| Convertible debt | |
| - | | |
| - | | |
| 16,390,488 | | |
| 16,390,488 | |
|