v3.26.1
Derivative liabilities (Tables)
3 Months Ended
Mar. 31, 2026
Derivative liabilities  
Schedule of derivative financial instruments

 

 

March 31, 2026

 

The financings giving rise to derivative financial instruments

 

Indexed

Shares

 

 

Fair

Values

 

Embedded derivatives

 

 

30,203,925

 

 

$250,107

 

Total

 

 

30,203,925

 

 

$250,107

 

 

 

December 31, 2025

 

The financings giving rise to derivative financial instruments

 

Indexed

Shares

 

 

Fair

Values

 

Embedded derivatives

 

 

27,453,485

 

 

$265,594

 

Total

 

 

27,453,485

 

 

$265,594

 

Schedule of gain loss derivative financial instruments

 

 

For the three months ended

 

 

 

March 31,

2026

 

 

March 31,

2025

 

Embedded derivatives

 

$15,487

 

 

$(55,336 )

Loss on issuance of derivative

 

 

—

 

 

 

—

 

Total (gain) loss

 

$15,487

 

 

$(55,336 )
Schedule of embedded derivatives

 

 

Inception

Date

 

 

December 31,

2025

 

 

March 31,

2026

 

Quoted market price on valuation date

 

$ 0.014 - 0.045

 

 

$0.020

 

 

$0.018

 

Effective contractual conversion rates

 

$ 0.0118 – 0.0366

 

 

$0.018

 

 

$0.017

 

Contractual term to maturity

 

0.5 Years

 

 

0.75 Years

 

 

0.50 Years

 

Market volatility:

 

 

 

 

 

 

 

 

 

 

 

Volatility

 

200.36%-332.78%

 

 

122.75%-209.58%

 

 

162.51%-249.23%

 

Risk-adjusted interest rate

 

 

10%

 

 

10%

 

 

10%
Schedule of embedded derivatives and changes in fair value inputs and assumptions

 

 

Three months ended

 

 

Year  ended

 

 

 

March 31,

2026

 

 

December 31,

2025

 

Balances at beginning of period

 

$265,594

 

 

$158,055

 

Issuances:

 

 

 

 

 

 

 

 

Embedded derivatives

 

 

-

 

 

 

-

 

Conversions/extinguishments

 

 

-

 

 

 

-

 

Changes in fair value inputs and assumptions reflected in income

 

 

(15,487 )

 

 

107,539

 

Balances at end of period

 

$250,107

 

 

$265,594