v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2026
DERIVATIVE FINANCIAL INSTRUMENTS  
Schedule of derivative finaincial instruments

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

 

$262,000

 

 

$-

 

 

$634,424

 

 

$-

 

Inception of derivative financial instruments

 

 

630,355

 

 

 

-

 

 

 

695,188

 

 

 

-

 

Change in fair value of derivative financial instruments

 

 

(104,629)

 

 

-

 

 

 

(541,886)

 

 

-

 

Conversion or extinguishment of derivative financial instruments

 

 

(16,484)

 

 

-

 

 

 

(16,484)

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, end of period

 

$771,242

 

 

$-

 

 

$771,242

 

 

$-

 

Schedule of assumptions used for fair market value of the derivative financial instruments

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

Pricing model utilized

 

Black Scholes

 

 

 

-

 

Risk free rate range

 

3.45% to 4.01%

 

 

 

-

 

Expected life range (in years)

 

0.18 to 1.00

 

 

 

-

 

Volatility range

 

90.64% to 136.60%

 

 

 

-

 

Dividend yield

 

 

0.00%

 

 

-