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Derivative Liabilities (Tables)
 9 Months Ended
Sep. 30, 2023
Derivative Liabilities  
Schedule of Derivative Liabilities at Fair Value

The Company used the binomial pricing model to estimate the fair value of its embedded conversion option and warrant liabilities on both the commitment date and the remeasurement date with the following inputs:

 

   Nine Months Ended   Year Ended 
   September 30, 2023   December 31, 2022 
         
Exercise price  $ 0.00006 - $0.01   $ 0.0001 - $0.01 
Expected volatility   282% - 521%   196% - 377%
Risk-free interest rate   5.55%   0.73% - 2.99%
Expected term (in years)   0.01 - 2.02    0.30 - 3.00 
Expected dividend rate   0%   0%
Schedule of Derivative Liabilities

A reconciliation of the beginning and ending balances for the derivative liability measured at fair value on a recurring basis using significant unobservable inputs (Level 3) is as follows at September 30 30, 2023 and December 31, 2022:

 

   Convertible Debt   Warrants   Total 
Derivative liabilities - December 31, 2021   330,294    775,243    1,105,537 
                
Fair value - commitment date   300,137    61,600    361,737 
Fair value - mark to market adjustment   404,695    (238,813)   165,882 
Gain on debt extinguishment (derivative liabilities - convertible debt)   (226,391)   -    (226,391)
Reclassification to APIC for financial instruments that ceased to be derivative liabilities   -    (425,000)   (425,000)
Derivative liabilities – December 31, 2022   808,736    173,030    981,766 
Fair value - commitment date   -    -    - 
Fair value - mark to market adjustment   3,466,013    (10,607)   3,455,406 
Derivative liabilities – March 31, 2023   4,274,750    162,423    4,437,173 
Fair value - mark to market adjustment   (2,930,214)   (21,221)   (2,951,435)
Gain on debt extinguishment (derivative liabilities - convertible debt)   (567,580)   -    (567,580)
Derivative liabilities – June 30, 2023   776,956    141,202    918,158 
Fair value - mark to market adjustment   (286,795)   (94,537)   (381,332)
Gain on debt extinguishment (derivative liabilities - convertible debt)   (110,654)   -    (110,654)
                
Derivative liabilities – September 30, 2023   379,507    46,665    426,172