| SCHEDULE OF CONVERTIBLE DEBENTURES |
Convertible
debentures transactions are summarized as follows
SCHEDULE OF CONVERTIBLE DEBENTURES
| Principal | |
As
of
March 31, 2026 | | |
As
of
December 31, 2025 | |
| Balance, beginning of period | |
$ | 1,635,000 | | |
$ | 1,410,000 | |
| Principal balance, beginning of period | |
$ | 1,635,000 | | |
$ | 1,410,000 | |
| Additions | |
| - | | |
| 225,000 | |
| Balance, end of period | |
| 1,635,000 | | |
| 1,635,000 | |
| Principal balance, end
of period | |
| 1,635,000 | | |
| 1,635,000 | |
| | |
| | | |
| | |
| Debt issuance cost | |
| | | |
| | |
| Balance, beginning of period | |
| 54,000 | | |
| 97,000 | |
| Debt issuance cost balance, beginning of period | |
| 54,000 | | |
| 97,000 | |
| Additions | |
| - | | |
| 10,000 | |
| Amortization | |
| (13,000 | ) | |
| (53,000 | ) |
| Balance, end of period | |
| 41,000 | | |
| 54,000 | |
| Debt issuance cost balance,
end of period | |
| 41,000 | | |
| 54,000 | |
| | |
| | | |
| | |
| Net book value | |
$ | 1,594,000 | | |
$ | 1,581,000 | |
|