v3.26.1
DERIVATIVE LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2026
DERIVATIVE LIABILITIES  
Schedule of Derivative Liabilities Measured at Fair Value on a Recurring Basis

A reconciliation of the beginning and ending balances for the derivative liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) is as follows for the three and six months ended June 30, 2026:

 

 

 

Contingent Milestone Payment

Derivative liabilities - December 31, 2025

 

$

374,741

Change in fair value

 

 

4,567

Derivative liabilities - March 31, 2026

 

$

379,308

Change in fair value

 

 

5,665

Derivative liabilities - June 30, 2026

 

$

384,973

 

A reconciliation of the beginning and ending balances for the derivative liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) is as follows for the three and six months ended June 30, 2025:

 

 

 

Contingent Milestone Payment

Derivative liabilities - December 31, 2024

 

$

640,830

Change in fair value

 

 

(5,105)

Derivative liabilities - March 31, 2025

 

$

635,725

Change in fair value

 

 

140,447

Derivative liabilities - June 30, 2025

 

$

776,172