v3.26.1
ALLOCATION OF FAIR VALUE IN PRIVATE PLACEMENT (Tables)
12 Months Ended
Dec. 31, 2025
Allocation Of Fair Value In Private Placement  
SCHEDULE OF ALLOCATION OF FAIR VALUE IN PRIVATE PLACEMENT

The allocation was calculated as follows:

 

Component 

Standalone

Fair Value

  

% of Total

Fair Value

  

Allocation of

Proceeds

  

Allocation per

Share/Warrant

 
Common Stock (16,614,001 shares)  $    %  $   $ 
Common Stock (16,614,001 shares)  $1,366,246    59.28%  $425,370   $0.0256 
Warrants (15,383,334 warrants)  938,613    40.72%  292,230   0.0190 
Total  $2,304,861    100%  $717,600      
SCHEDULE OF SIGNIFICANT INPUTS

The fair value of the warrants was estimated using the Black-Scholes option-pricing model in accordance with ASC 820-10-35-2 (Fair Value Measurement Framework). The following significant inputs were used in the valuation:

  

Assumption  Value
Expected volatility  119.99 - 121.82%
Expected term  5 years
Risk-free interest rate  3.61 - 3.86%
Expected dividend yield  none
SUMMARY OF WARRANT ACTIVITY

A summary of warrant activity for the year ended 12/31/2025 is as follows:

 

   Number of
Warrants *
  

Weighted

Average
Exercise Price

  

Weighted

Average

Remaining

Expected Term

 
Outstanding, beginning of year   1,292,030   $0.22    3.0 
Granted   15,383,334    0.12    5.0 
Exercised   —    —    — 
Forfeited/Cancelled   —    —    — 
Outstanding, end of year   16,675,364   $0.13    4.6