v3.26.1
Derivative liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Derivative liabilities  
Schedule of derivative financial instruments

 

 

June 30, 2026

 

The financings giving rise to derivative financial instruments

 

Indexed

Shares

 

 

Fair

Values

 

Embedded derivatives

 

 

37,232,223

 

 

$115,903

 

Total

 

 

37,232,223

 

 

$115,903

 

 

 

December 31, 2025

 

The financings giving rise to derivative financial instruments

 

Indexed

Shares

 

 

Fair

Values

 

Embedded derivatives

 

 

27,453,485

 

 

$265,594

 

Total

 

 

27,453,485

 

 

$265,594

 

Schedule of gain loss derivative financial instruments

 

 

For the three months ended

 

 

 

June 30,

2026

 

 

June 30,

2025

 

Embedded derivatives

 

$42,104

 

 

$66,848

 

Loss on issuance of derivative

 

 

 

 

 

 

Total (gain) loss

 

$42,104

 

 

$66,848

 

 

 

For the six months ended

 

 

 

June 30,

2026

 

 

June 30,

2025

 

Embedded derivatives

 

$57,591

 

 

$11,512

 

Loss on issuance of derivative

 

 

 

 

 

 

Total (gain) loss

 

$57,591

 

 

$11,512

 

Schedule of assumptions used for embedded derivatives

 

 

Inception

Date

 

 

December 31,

2025

 

 

June 30,

2026

 

Quoted market price on valuation date

 

$

0.014 - 0.045

 

 

$

0.020

 

 

$

0.007

 

Effective contractual conversion rates

 

$

0.0118 – 0.0366

 

 

$

0.018

 

 

$

0.0098

 

Contractual term to maturity

 

0.5 Years

 

 

0.75 Years

 

 

0.50 Years

 

Market volatility:

 

 

 

 

 

 

 

 

 

 

 

Volatility

 

200.36%-332.78

%

 

122.75%-209.58

%

 

154.86%-287.71

%

Risk-adjusted interest rate

 

 

10

%

 

 

10

%

 

 

10

%

Schedule of embedded derivatives and changes in fair value inputs and assumptions

 

 

Six months ended

 

 

Year ended

 

 

 

June 30,

2026

 

 

December 31,

2025

 

Balances at beginning of period

 

$265,594

 

 

$158,055

 

Issuances of embedded derivatives

 

 

 

 

 

 

Conversions/extinguishments

 

 

(92,100 )

 

 

 

Changes in fair value inputs and assumptions reflected in income

 

 

(57,591 )

 

 

107,539

 

Balances at end of period

 

$115,903

 

 

$265,594