Quarterly report [Sections 13 or 15(d)]

FAIR VALUE OF FINANCIAL LIABILITIES (Tables)

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FAIR VALUE OF FINANCIAL LIABILITIES (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
SCHEDULE OF FAIR VALUE MEASUREMENT OF EMBEDDED DERIVATIVE LIABILITIES AND WARRANT LIABILITIES

Financial liabilities consisting of warrant liabilities measured at fair value on a recurring basis are summarized below. The fair value of the warrant liabilities recorded are as follows:

SCHEDULE OF FAIR VALUE MEASUREMENT OF EMBEDDED DERIVATIVE LIABILITIES AND WARRANT LIABILITIES

 

    Fair value at March 31, 2026  
    Total     Level 1     Level 2     Level 3  
Liabilities:                        
Warrant liability   $ 1,237,440     $     $     $ 1,237,440  
Total liabilities   $ 1,237,440     $     $     $ 1,237,440  

 

 

    Fair value at December 31, 2025  
    Total     Level 1     Level 2     Level 3  
Liabilities:                        
Warrant liability   $ 1,492,395     $     $     $ 1,492,395  
Total liabilities   $ 1,492,395     $     $     $ 1,492,395  
SCHEDULE OF CHANGES IN FAIR VALUE OF THE DERIVATIVE LIABILITIES AND WARRANT LIABILITIES

 SCHEDULE OF CHANGES IN FAIR VALUE OF THE DERIVATIVE LIABILITIES AND WARRANT LIABILITIES

  2026     2025  
   

Three Months Ended

March 31,

 
  2026     2025  
Warrant liability:            
Balance, beginning of period   $ 1,492,395     $ 2,690,605  
Issuance of warrants            
Exercise of warrants            
Amendment of warrants            
Gain on fair value of warrant liability     (254,955)       (825,989 )
Balance, end of period   $ 1,237,440     $ 1,864,616