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Derivative liabilities (Tables)
9 Months Ended
Sep. 30, 2024
Derivative liabilities  
Schedule of derivative financial instruments

 

 

September 30, 2024

 

The financings giving rise to derivative financial instruments

 

Indexed

Shares

 

 

Fair

Values

 

Embedded derivatives

 

 

37,702,759

 

 

$216,186

 

Total

 

 

37,702,759

 

 

$216,186

 

 

 

December 31, 2023

 

The financings giving rise to derivative financial instruments

 

Indexed

Shares

 

 

Fair

Values

 

Embedded derivatives

 

 

45,221,645

 

 

$149,182

 

Total

 

 

45,221,645

 

 

$149,182

 

Schedule of gain loss derivative financial instruments

 

 

For the Nine Months Ended

 

 

 

September 30, 2024

 

 

September 30, 2023

 

Embedded derivatives

 

$(67,004 )

 

$(28,408 )

Loss on issuance of derivative

 

 

 

 

 

 

Total gain (loss)

 

$(67,004 )

 

$(28,408 )

 

 

For the Three Months Ended

 

 

 

September 30, 2024

 

 

September 30, 2023

 

Embedded derivatives

 

$(105,066 )

 

$(80,334 )

Loss on issuance of derivative

 

 

 

 

 

 

Total gain (loss)

 

$(105,066 )

 

$(80,334 )
Schedule of embedded derivatives

 

 

Inception Date

 

 

December 31, 2023

 

 

September 30, 2024

 

Quoted market price on valuation date

 

$0.034

 

 

$0.012

 

 

$0.016

 

Effective contractual conversion rates

 

$0.026

 

 

$0.009

 

 

$0.012

 

Contractual term to maturity

 

0.5 Years

 

 

0.25 Years

 

 

0.25 Years

 

Market volatility:

 

 

 

 

 

 

 

 

 

 

 

 

Volatility

 

200.36%-332.78

%

 

200.36%-332.78

%

 

29.58%-188.57

%

Risk-adjusted interest rate

 

 

10%

 

 

10%

 

 

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

 

 

Nine months ended

 

 

Year ended

 

 

 

September 30, 2024

 

 

December 31, 2023

 

Balances at beginning of period

 

$149,182

 

 

$161,565

 

Issuances:

 

 

 

 

 

 

 

 

Embedded derivatives

 

 

-

 

 

 

26,376

 

Conversions/extinguishments

 

 

-

 

 

 

-

 

Changes in fair value inputs and assumptions reflected in income

 

 

67,004

 

 

 

(38,759)

Balances at end of period

 

$216,186

 

 

$149,182