v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS – WARRANTS (Tables)
 3 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
SCHEDULE OF FAIR VALUE OF WARRANTS ISSUED

 

   June 30, 2026   March 31, 2026 
Fair value of the Company’s Common Stock  $0.3651   $0.3601 
Volatility   50.90%   63.96%
Initial exercise price  $0.1521   $0.1521 
Warrant term (in years)   0.8    1.1 
Risk free rate   3.47%   3.47%
SCHEDULE OF CHANGES IN WARRANTS MEASURED AT FAIR VALUE ON A RECURRING BASIS

The changes in warrants (Level 3 financial instruments) measured at fair value on a recurring basis were as follows for the periods ended three months ended June 30, 2026 and 2025:

 

Balance at March 31, 2025  $25,199,193 
Change in fair value of derivative financial instruments - warrants   22,109,537 
Balance at June 30, 2025  $47,308,730 
      
Balance at March 31, 2026   $ 17,343,586  
Change in fair value of derivative financial instruments - warrants     (94,247 )
Balance at June 30, 2026     17,249,339  
SCHEDULE OF LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS

The following table presents information about the Company’s liabilities measured at fair value on a recurring basis, aggregated by the level in the fair value hierarchy within which those measurements fell:

 

       Fair Value Measurement 
  

Amount at Fair Value

   Level 1   Level 2   Level 3 
Balance as of March 31, 2026  $17,343,586   $—   $—   $17,343,586 
Change in fair value of derivative financial instruments - warrants   (94,247)   —    —    (94,247)
Balance as of June 30, 2026  $17,249,339   $—   $—   $17,249,339 

 

       Fair Value Measurement 
  

Amount at Fair Value

   Level 1   Level 2   Level 3 
Balance as of March 31, 2025  $25,199,193   $—   $—   $25,199,193 
Change in fair value of derivative financial instruments - warrants   22,109,537    —    —    22,109,537 
Balance as of June 30, 2025  $47,308,730   $—   $—   $47,308,730