v3.26.1
CONVERTIBLE PROMISSORY NOTE (Tables) - GNQ INSILICO INC [Member]
 3 Months Ended
Mar. 31, 2026
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF FAIR VALUE ISSUANCE

The following table represents the fair value at issuance (March 16, 2026) and as at March 31, 2026:

 

SCHEDULE OF FAIR VALUE ISSUANCE  

   March 16,
2026		   March 31,
2026		 
Convertible note payable, at fair value  $160,194   $170,577 
Warrant liability, at fair value   89,806    95,487 
Total  $250,000   $266,064 
SCHEDULE OF NOTE AND WARRANT LIABILITIES

The following table represents the roll-forward of the Note and Warrant liabilities from the date of issuance (March 16, 2026) through March 31, 2026:

 

   Convertible
Note (incl.
conversion
feature)		   Warrant   Total 
Opening Fair Value, January 1, 2026  $-   $-   $- 
Fair Value at Issuance (March 16, 2026)   160,194    89,806    250,000 
Change in Fair Value (recognized in earnings)   9,341   5,681   15,022 
Interest expense accrual   1,042    -    1,042 
Ending Fair Value, March 31, 2026  $170,577   $95,487   $266,064 
SCHEDULE OF UNPAID PRINCIPAL BALANCE

The following table indicates the fair value compared to the unpaid principal balance:

 

SCHEDULE OF UNPAID PRINCIPAL BALANCE  

   March 16,
2026		   March 31,
2026		 
Unpaid principal and accrued interest  $250,000   $251,042 
Fair value   160,194    170,577 
Fair value over/(under) unpaid principal  $(89,806)  $(80,465)
SCHEDULE OF VALUATION OF CONVERTIBLE NOTE AND WARRANT

The significant quantitative inputs used under these valuation methods were as follows:

 

Convertible Note (including embedded conversion feature):

 

   March 16, 2026   March 31, 2026 
Valuation assumptions          
Stock Price  $18.5461   $18.5461 
Volatility   59.54%   62.63%
Risk-free interest rate   3.72%   3.72%
Debt discount rate   18.75%   19.12%
Expected term remaining   0.50 years    0.46 years 
Note discount rate (calibrated)   

43.69

%   

40.13

%

 

Warrants:

 

   March 16, 2026   March 31, 2026 
Valuation assumptions          
Stock Price  $18.5461   $18.5461 
Volatility   63.10%   62.41%
Risk-free interest rate   3.80%   3.92%
Discount rate   -    - 
Expected term remaining   5 years    4.96 years