v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2026
FAIR VALUE MEASUREMENTS  
Schedule of fair value of liabilities measured at recurring basis

 

 

Fair Value at June 30, 2026

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liability/bifurcated conversion options in connection with convertible promissory notes

 

$-

 

 

$-

 

 

$36

 

 

$36

 

Deferred compensation conversion liability

 

 

-

 

 

 

-

 

 

 

326

 

 

 

326

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total short-term liabilities at fair value

 

$-

 

 

$-

 

 

$362

 

 

$362

 

 

 

Fair Value at December 31, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liability/bifurcated conversion options in connection with convertible promissory notes

 

$-

 

 

$-

 

 

$37

 

 

$37

 

Deferred compensation conversion liability

 

 

-

 

 

 

-

 

 

 

548

 

 

 

548

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total short-term liabilities at fair value

 

$-

 

 

$-

 

 

$585

 

 

$585

 

Schedule of derivative financial instruments

 

 

Six Months Ended

June 30,

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

Fair value, beginning of period

 

$37

 

 

$118

 

Inception of derivative liability

 

 

21

 

 

 

25

 

Change in fair value of beneficial conversion features

 

 

(22)

 

 

(83)

 

 

 

 

 

 

 

 

 

Fair value, end of period

 

$36

 

 

$60

 

Schedule of deferred compensation conversion liability

 

 

Six Months Ended

June 30,

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

Fair value, beginning of period

 

$548

 

 

$-

 

Remeasurement gain recognized in operations

 

 

(222)

 

 

-

 

 

 

 

 

 

 

 

 

 

Fair value, end of period

 

$326

 

 

$-