NOTE
8 — DERIVATIVE LIABILITY
The
Company has various convertible notes outstanding that require derivative liability considerations for its conversion features. Total
derivative liability on March 31, 2026 and December 31, 2025 was $3,758 and $134,433, respectively, which was principally related to
convertible notes.
SCHEDULE OF ACTIVITY OF DERIVATIVE LIABILITY
| | |
| | |
| Balance at December 31, 2024 | |
$ | 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 | |
| Decrease to derivative due to conversion | |
| (334,604 | ) |
| Increase to derivative due to new issuances | |
| 62,992 | |
| Derivative loss due to mark to market adjustment | |
| 140,937 | |
| Balance at March 31, 2026 | |
$ | 3,758 | |
| Balance | |
$ | 3,758 | |
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
| |
|
March
31, 2026 |
|
|
December
31, 2025 |
|
| Input |
|
Weighted
Avg. |
|
|
Range |
|
|
Weighted
Avg. |
|
|
Range |
|
| Stock
price |
|
$ |
0.22 |
|
|
$ |
0.22 |
|
|
$ |
0.10 |
|
|
$ |
0.10 |
|
| Exercise
price (conversion price) |
|
$ |
0.318 |
|
|
$ |
0.212 |
|
|
$ |
0.079 |
|
|
$ |
0.079 |
|
| Risk-free
interest rate |
|
|
3.72 |
% |
|
|
3.68 |
% |
|
|
3.59 |
% |
|
|
3.59 |
% |
| Expected
term (years) |
|
|
0.87 |
|
|
|
0.87 |
|
|
|
0.52 |
|
|
|
0.52–
0.54 |
|
| Expected
volatility |
|
|
500.73 |
% |
|
|
581.29 |
% |
|
|
555.020 |
% |
|
|
546.69%
- 559.16 |
% |
| Dividend
yield |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|