NOTE
10 – DERIVATIVE LIABILITY
The
Company has various convertible notes outstanding that require derivative liability considerations for its conversion features. Total
derivative liability on December 31, 2025 was $134,433 and on December 31, 2024 was $510,154 which was principally related to convertible
notes.
SCHEDULE OF ACTIVITY OF DERIVATIVE LIABILITY
| | |
| | |
| Balance at December 31, 2023 | |
$ | 293,621 | |
| Decrease to derivative due to repayments | |
| (66,769 | ) |
| Increase to derivative due to new issuances | |
| 378,156 | |
| Derivative gain due to mark to market adjustment | |
| (94,854 | ) |
| Balance at December 31, 2024 | |
| 510,154 | |
| Balance | |
| 510,154 | |
| Decrease to derivative due to repayment | |
| (1,223,594 | ) |
| Increase to derivative due to new issuances | |
| 591,882 | |
| Derivative loss due to mark to market adjustment | |
| 255,991 | |
| Balance at December 31, 2025 | |
$ | 134,433 | |
| Balance | |
$ | 134,433 | |
The
following table summarizes the weighted average key inputs used in the Black-Scholes model for all outstanding conversion feature derivative
liabilities as of the measurement dates:
SCHEDULE OF OUTSTANDING CONVERSION
FEATURE DERIVATIVE LIABILITIES
| | |
December 31, 2025 | | |
December 31, 2024 | |
| Input | |
Weighted
Avg. | | |
Range | | |
Weighted
Avg. | | |
Range | |
| Stock price | |
$ | 0.10 | | |
$ | 0.10 | | |
$ | 0.003300 | | |
$ | 0.0033 | |
| Exercise price (conversion price) | |
$ | 0.079 | | |
$ | 0.079 | | |
$ | 0.0010 | | |
$ | 0.0009 - 0.0011 | |
| Risk-free interest rate | |
| 3.59 | % | |
| 3.59 | % | |
| 4.34 | % | |
| 4.32 - 4.37 | % |
| Expected term (years) | |
| 0.52 | | |
| 0.52– 0.54 | | |
| 0.30 | | |
| 0.25 - 0.33 | |
| Expected volatility | |
| 555.020 | % | |
| 546.69% - 559.16 | % | |
| 348.13 | % | |
| 338.03% - 365.61 | % |
| Dividend yield | |
| - | | |
| - | | |
| - | | |
| - | |
|