v3.25.4
Derivative Liability (Tables)
9 Months Ended
Sep. 30, 2025
Derivative Liability [Abstract]  
Schedule of Estimated Fair Values of the Liabilities Measured on a Recurring Basis

As of the date of issuance of the convertible notes and September 30, 2025, the estimated fair values of the liabilities measured on a recurring basis were based on the following Black Scholes inputs:

 

    Initial   September 30,
    Date   2025
Expected conversion price   $5.95 - $11.70   $5.44 - $7.65
Expected term   0.22 - 1.00 years   0.99 - 0.61 years
Expected average volatility   135% - 205%   199% - 292%
Expected dividend yield  
-
 
-
Risk-free interest rate   3.92% - 4.34%   3.83% - 4.20%
Expected IPO Price   $4.00 - $9.00   $4.00 - $9.00
Schedule of Changes in Derivative Liabilities

The following table summarizes the changes in the derivative liabilities during the three and nine months ended September 30, 2025:

 

Fair Value Measurements Using Significant Unobservable Inputs (Level 3)     
      
Balance - June 30, 2025  $898,059 
Gain on change in fair value of the derivative   (630,586)
Balance - September 30, 2025  $267,473 

 

Fair Value Measurements Using Significant Unobservable Inputs (Level 3)     
      
Balance - December 31, 2024  $- 
Addition of new derivatives recognized as debt discount - conversion feature   953,571 
Addition of new derivatives recognized as loss on derivatives   117,217 
Gain on change in fair value of the derivative   (803,315)
Balance - September 30, 2025  $267,473