NOTE
10 - DERIVATIVE LIABILITY
The
Company has various convertible notes that require derivative liability considerations for its conversion features. Total derivative
liability on June 30, 2026 and December 31, 2025 was $71,228 and $134,433, respectively, which was principally related to convertible
notes.
SCHEDULE OF ACTIVITY OF DERIVATIVE LIABILITY
| | |
| | |
| Balance at December 31, 2024 | |
$ | 510,154 | |
| Decrease to derivative due to repayment | |
| (1,223,594 | ) |
| Increase to derivative due to new issuances | |
| 591,882 | |
| Derivative loss due to mark to market adjustment | |
| 255,991 | |
| Balance at December 31, 2025 | |
| 134,433 | |
| Beginning balance | |
| 134,433 | |
| Decrease to derivative due to conversion | |
| (344,192 | ) |
| Increase to derivative due to new issuances | |
| 111,871 | |
| Derivative loss due to mark to market adjustment | |
| 169,116 | |
| Balance at June 30, 2026 | |
$ | 71,228 | |
| Ending balance | |
$ | 71,228 | |
The
following table summarizes the weighted average key inputs used in the Black-Scholes model for all outstanding conversion feature derivative
liabilities as of the measurement dates:
SCHEDULE OF OUTSTANDING CONVERSION
FEATURE DERIVATIVE LIABILITIES
| | |
June 30, 2026 | | |
December 31, 2025 | |
| Input | |
Weighted Avg. | | |
Range | | |
Weighted Avg. | | |
Range | |
| Stock price | |
$ | 1.12 | | |
$ | 1.12 | | |
$ | 0.10 | | |
$ | 0.10 | |
| Exercise price (conversion price) | |
$ | 0.318 | | |
$ | 0.408 - $0.612 | | |
$ | 0.079 | | |
$ | 0.079 | |
| Risk-free interest rate | |
| 3.995 | % | |
| 3.98 - 4.01 | % | |
| 3.59 | % | |
| 3.59 | % |
| Expected term (years) | |
| 0.76 | | |
| 0.62 - 0.90 | | |
| 0.52 | | |
| 0.52 - 0.54 | |
| Expected volatility | |
| 400.55 | % | |
| 316.96 - 484.14 | % | |
| 555.020 | % | |
| 546.69% - 559.16 | % |
| Dividend yield | |
| - | | |
| - | | |
| - | | |
| - | |
|