v3.26.1
Derivative Liability (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Liability [Abstract]  
Schedule of Assumptions were used in the Black-Scholes Valuation Model

The following assumptions were used in the Black-Scholes valuation model:

 

    Six months
ended
June 30,
2026		     Year ended
December 31,
2025		  
             
Conversion price   $ 0.0005 to 0.01     $ 0.0005 to 0.01  
Risk free interest rate     3.68 to 3.87 %     3.54 to 4.44 %
Expected life of derivative liability     1 to 3 months       3 to 29 months  
Expected volatility of underlying stock     114.40 to 189.60 %     189.8 to 443.26  
Expected dividend rate     0 %     0 %
Schedule of Movement in Derivative Liability

The movement in derivative liability is as follows:

 

   Six months
ended
June 30,
2026		   Year ended
December 31,
2025		 
         
Opening balance  $1,581,520   $1,138,204 
Derivative financial liability arising from convertible notes and warrants   -    150,000 
Derivative liability arising on anti-dilutive convertible debt and warrants   20,196,476    13,220,310 
Fair value of derivative liability on cancelled warrants   -    (12,794,203)
Fair value adjustment to derivative liability   (9,208,075)   (132,791)
Closing balance  $12,569,921   $1,581,520 
Schedule of Derivative Liability A 10% change in volatilities and interest rate factors would not result in a material change in our Level 3 fair value.
   June 30, 2026 
   Level 1   Level 2   Level 3   Fair Value 
                 
Liabilities                    
Derivative liability  $
         -
   $
         -
   $12,569,921   $12,569,921 

 

   December 31, 2025 
   Level 1   Level 2   Level 3   Fair Value 
                 
Liabilities                    
Derivative liability  $
       -
   $
           -
   $1,581,520   $1,581,520