Notes Payable (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Notes Payable [Abstract] |
|
| Schedule of Convertible Notes |
The balance of the convertible notes as of December
31, 2025, and December 31, 2024, is as follows:
| | |
December 31, | | |
December 31, |
| | |
2025 | | |
2024 |
| Convertible notes payable | |
$ | 47,452 | | |
$ | 43,138 |
| Less: Discount | |
| - | | |
| - |
| Convertible notes payable, net | |
$ | 47,452 | | |
$ | 43,138 |
|
| Schedule of Promissory Notes |
The balance of the promissory notes as of December
31, 2025, and December 31, 2024, is as follows:
| | |
December 31, | | |
December 31, |
| | |
2025 | | |
2024 |
| Notes payable, net | |
$ | 19,097,931 | | |
$ | 17,722,932 |
| Notes payable-related parties | |
| 7,800 | | |
| 7,800 |
| Notes payable, net of current portion | |
| 1,999,999 | | |
| 1,999,999 |
| | |
| 21,105,730 | | |
| 19,730,731 |
| Less: Discount | |
| (2,213,952 | ) | |
| - |
| Promissory notes payable, net | |
$ | 18,891,778 | | |
$ | 19,730,731 |
|
| Schedule of Fair Values of the Embedded Convertible Notes Derivatives and Tainted Convertible Notes Using the Lattice Valuation |
The Company determined the fair values of the embedded convertible notes
derivatives and tainted convertible notes using the Monte Carlo model with the following assumptions:
| | |
December 31, | |
| | |
2025 | |
| Common stock issuable | |
| 129,347 | |
| Market value of common stock on measurement date | |
$ | 0.049 | |
| Adjusted exercise price | |
$ | 0.06 | |
| Risk free interest rate | |
| 3.54 | % |
| Instrument lives in years | |
| 0.00 Year | |
| Expected volatility | |
| 288.00 | % |
| Expected dividend yields | |
| None | |
The Company determined the fair values of the derivatives
on warrants using the Binomial Option model with the following assumptions:
| |
|
December
31, |
|
| |
|
2025 |
|
| Common stock issuable |
|
|
50,000,000 |
|
| Market value of common stock on measurement date |
|
$ |
0.049 |
|
| Adjusted exercise price |
|
$ |
0.035-0.050 |
|
| Risk free interest rate |
|
|
3.52 |
% |
| Instrument lives in years |
|
|
2.62 Year |
s |
| Expected volatility |
|
|
281.00 |
% |
| Expected dividend yields |
|
|
None |
|
|
| Schedule of Fair Value of the Derivative Liability |
The balance of the fair value of the derivative
liability as of December 31, 2025, and December 31, 2024, is as follows:
| Balance at December 31, 2023 | |
$ | 2,146 | |
| Additions | |
| - | |
| Fair value loss | |
| 2,543 | |
| Conversions | |
| - | |
| Balance at December 31, 2024 | |
| 4,689 | |
| Additions | |
| 3,320,551 | |
| Fair value gain | |
| (918,688 | ) |
| Conversions | |
| - | |
| Balance at December 31, 2025 | |
$ | 2,406,552 | |
|