Annual report [Section 13 and 15(d), not S-K Item 405]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
SCHEDULE OF FINANCIAL INSTRUMENTS AT FAIR VALUE MEASUREMENTS

The following table summarized the financial instruments of the Company at fair value based on the valuation approach applied to each class of security as of December 31, 2024:

 

   

Carrying

Value at

December 31, 2024

   

Quoted Prices

in Active

Markets for

Identical

Assets

(Level 1)

   

Significant

Other

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

 
          Fair Value Measurement at Reporting Date Using  
   

Carrying

Value at

December 31, 2024

   

Quoted Prices

in Active

Markets for

Identical

Assets

(Level 1)

   

Significant

Other

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

 
Liabilities:                                
Fair Value of Share Adjustment   $ 9,299,703     $             -     $             -     $ 9,299,703  
Total Liabilities   $ 9,299,703     $ -     $ -     $ 9,299,703  
SCHEDULE OF FAIR VALUE OF SHARE ADJUSTMENT

The following table presents a reconciliation of the opening and closing balances of the Fair Value of Share Adjustment for the years ended December 31, 2025 and 2024:

SCHEDULE OF FAIR VALUE OF SHARE ADJUSTMENT 

    Fair Value of Share Adjustment  
Balance at December 31, 2023   $ 36,931,330  
Fair Value of Shares Issued     (17,087,364 )
Gain on Fair Value of Share Adjustment     (10,544,263 )
Balance at December 31, 2024   $ 9,299,703  
Fair Value of Shares Issued     (5,607,174 )
Gain on Fair Value of Share Adjustment     (3,692,529 )
Balance at December 31, 2025   $ -  
SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF NET LOSS PER SHARE

The following table summarizes securities that were excluded from the diluted per-share calculation because their inclusion would have been anti-dilutive:

 

    2025     2024  
    Year Ended December 31,  
    2025     2024  
             
Warrants     38,341,664       39,100,000  
Stock Options     5,540,000       3,640,000  
Acquisition Stock Consideration Payable     -       136,760,338  
Total     43,881,664       179,500,338