v3.26.1
Convertible Promissory Notes, Net (Tables)
 6 Months Ended
Jun. 30, 2026
Convertible Promissory Notes, Net [Abstract]  
Schedule of Derivative Liability

The Company valued the derivative liability relating to the variable amount of the Purchase Warrants using the Black Scholes Model using the following assumptions on the respective dates of the Debentures:

 

    December 31,
2025		     February 26,
2026		     April 28,
2026		     June 23,
2026		     June 30,
2026		  
Stock price   $ 0.0100       0.0061       0.0100       0.0110       0.0125  
Estimated exercise price     0.0095       0.0058       0.0065       0.0105       0.012  
Term (years)     2.5       2.5       2.5       2.5       2.5  
Annual volatility     43.81 %     44.46 %     44.06 %     43.83 %     43.88 %
Risk free rate     3.55 %     3.46 %     3.86 %     4.22 %     4.15 %
Dividend yield     0 %     0 %     0 %     0 %     0 %
Estimated warrant amount*     262,500,000       49,180,328       63,461,538       13,636,364       279,000,000  
Fair value of warrants   $ 722,192     $ 85,296     $ 116,824     $ 44,119     $ 993,779  

 

* Amounts at December 31, 2025 and June 30, 2026 represent the total estimated number of warrants.
Schedule of Convertible Promissory Notes, Net Related Derivative Liability

The Company’s activity in its convertible promissory notes, net related derivative liability was as follows for the period ended June 30, 2026:

 

Balance of derivative liability at January 1, 2025   $ -  
Grant of warrants     751,640  
Change in fair value of warrant derivative liability     (29,448 )
Balance of derivative liability at December 31, 2025   $ 722,192  
Grant of warrants     246,239  
Change in fair value of warrant derivative liability     25,348  
Balance of derivative liability at June 30, 2026   $ 993,779