LINE OF CREDIT AND NOTES PAYABLE (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Debt Disclosure [Abstract] |
|
| SCHEDULE OF CHANGES IN DERIVATIVE LIABILITY |
The
following is the change in derivative liability for the three Months ended March 31, 2026:
SCHEDULE OF CHANGES IN DERIVATIVE LIABILITY
| | |
| | |
| Balance, January 1, 2026 | |
$ | 493,308 | |
| | |
| | |
| Issuance of new Convertible notes | |
| 422,376 | |
| Conversions | |
| (202,482 | ) |
| Change in fair market value of derivative liability | |
| 8,476 | |
| | |
| | |
| Balance, March 31, 2026 | |
$ | 721,678 | |
The
following is the change in derivative liability for the twelve Months ended December 31, 2025:
| | |
| | |
| Balance, January 1, 2025 | |
$ | - | |
| | |
| | |
| Issuance of new derivative liability | |
| 1,756,115 | |
| Conversions | |
| (892,100 | ) |
| Change in fair market value of derivative liability | |
| (370,707 | ) |
| | |
| | |
| Balance, December 31, 2025 | |
$ | 493,308 | |
|
| SCHEDULE OF CONVERTIBLE NOTES |
Total
due to Convertible Notes
SCHEDULE
OF CONVERTIBLE NOTES
| | |
March 31, 2026 | | |
December 31, 2025 | |
| Outstanding principal amount | |
$ | 2,362,014 | | |
| 1,203,400 | |
| Accrued interest | |
| 127,918 | | |
| 73,253 | |
| Debt discount | |
| (1,490,443 | ) | |
| (1,068,067 | ) |
| Amortization of debt discount | |
| 880,812 | | |
| 671,466 | |
| Total | |
$ | 1,880,301 | | |
| 880,052 | |
|
| SCHEDULE OF FAIR VALUE ON RECURRING BASIS |
The
following table presents the Company’s liabilities measured at fair value on a recurring basis:
SCHEDULE
OF FAIR VALUE ON RECURRING BASIS
March
31, 2026
| | |
Fair Value | | |
Level 1 | | |
Level 2 | | |
Level 3 | |
| Derivative liabilities | |
$ | 721,678 | | |
$ | — | | |
$ | — | | |
$ | 721,678 | |
| Total | |
$ | 721,678 | | |
$ | — | | |
$ | — | | |
$ | 721,678 | |
December
31, 2025
| | |
Fair Value | | |
Level 1 | | |
Level 2 | | |
Level 3 | |
| Derivative liabilities | |
$ | 493,308 | | |
$ | — | | |
$ | — | | |
$ | 493,308 | |
| Total | |
$ | 493,308 | | |
$ | — | | |
$ | — | | |
$ | 493,308 | |
|
| SCHEDULE OF DERIVATIVE LIABILITIES |
The
following table presents the changes in the Company’s Level 3 derivative liabilities for the three months ended March 31, 2026:
SCHEDULE
OF DERIVATIVE LIABILITIES
| | |
Amount | |
| Balance, beginning of period | |
$ | 493,308 | |
| Issuance of derivative liabilities | |
| 422,376 | |
| Conversions | |
| (202,482 | ) |
| Change in fair value recognized in earnings | |
| 8,476 | |
| Balance, end of period | |
$ | 721,678 | |
|
| SCHEDULE OF DERIVATIVE LIABILITIES UNOBSERVABLE INPUTS USED IN THE VALUATION MODELS |
The
fair values of the derivative liabilities were determined using Monte Carlo simulation and Black-Scholes option pricing models, as applicable.
Significant unobservable inputs used in the valuation models included the following:
SCHEDULE
OF DERIVATIVE LIABILITIES UNOBSERVABLE INPUTS USED IN THE VALUATION MODELS
| Significant Unobservable Inputs | |
March 31, 2026 |
| Valuation methodology | |
Monte Carlo Simulation and Black-Scholes Option Pricing Model |
| Stock price | |
$0.0018 – $0.9170 |
| Expected dividend yield | |
0.0% |
| Expected stock price volatility | |
230.5% – 250.4% |
| Risk-free interest rate | |
3.48% |
| Expected term | |
0.48 – 1.04 years |
|