v3.26.1
Derivative Valuation (Tables)
6 Months Ended
Jun. 30, 2026
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]  
Schedule of Valuation Methodology and Significant Unobservable Income Used for the Company’s Derivative Liability

During the six months ended June 30, 2026, the Company had the following activity in the derivative liability account for the convertible debt:

 

Derivative liability at December 31, 2025  $507,733 
(Gain) loss on change in fair value   133,083
Derivative liability at June 30, 2026  $374,650 
Schedule of Activity in the Derivative Liability Account
Derivative liability at December 31, 2025  $- 
(Gain) loss on change in fair value   1,088,287 
Derivative liability at June 30, 2026  $1,088,287 
 
Schedule of Valuation Methodology and Significant Unobservable Income Used for the Company’s Derivative Liability

A summary of quantitative information with respect to valuation methodology and significant unobservable income used for the Company’s derivative liability that are categorized within Level 3 of fair value hierarchy for the six months ended June 30, 2026 is as follows:

 

Stock price at valuation date  $.03 
Risk free interest rate   3.92%
Stock volatility factor   139%
Contractual terms (in years)   0.18 
Stock price at valuation date  $.020-.027 
Risk free interest rate   4.05%-4.19%
Stock volatility factor   246% - 247%
Contractual terms (in years)   5 
 
Warrant [Member]  
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]  
Schedule of Valuation Methodology and Significant Unobservable Income Used for the Company’s Derivative Liability

 

Derivative liability at December 31, 2025  $- 
(Gain) loss on change in fair value   1,088,287 
Derivative liability at June 30, 2026  $1,088,287 

 

A summary of quantitative information with respect to valuation methodology and significant unobservable income used for the Company’s derivative liability that are categorized within Level 3 of fair value hierarchy for the six months ended June 30, 2026 is as follows:

 

Stock price at valuation date  $.020-.027 
Risk free interest rate   4.05%-4.19%
Stock volatility factor   246% - 247%
Contractual terms (in years)   5 

 

Schedule of Valuation Methodology and Significant Unobservable Income Used for the Company’s Derivative Liability

Stock price at valuation date  $.020-.027 
Risk free interest rate   4.05%-4.19%
Stock volatility factor   246% - 247%
Contractual terms (in years)   5