XML 30 R21.htm IDEA: XBRL DOCUMENT v3.23.2
Derivative Liability (Tables)
6 Months Ended
Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Liabilities at Fair Value

The change in the fair value of derivative liabilities is as follows:

 

Schedule of Derivative Liabilities at Fair Value

Balance – December 31, 2021  $712,784 
Settlement of derivatives upon conversion  $(442,389)
Change in fair value of the derivative  $180,724 
Balance – December 31, 2022  $451,119 
Settlement of derivatives upon conversion  $(47,094)
Gain on change in fair value of the derivative  $48,719 
Balance – June 30, 2023  $452,744 
Schedule of Derivative Instruments, Black-Scholes Option-Pricing Model Input Used

The table below shows the Black-Scholes option-pricing model inputs used by the Company to value the derivative liability at each measurement date:

 

Schedule of Derivative Instruments, Black-Scholes Option-Pricing Model Input Used

    

Six Months ended June 30, 2023

    

Year ended

December 31, 2022

 
Expected term   0.251.01 years    0.251.09 years 
Expected average volatility   209.45% – 362%   229,.64% – 260.80%
Expected dividend yield   -    - 
Risk-free interest rate   5.24 % – 5.47%   4.12 % – 4.76%