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CONVERTIBLE DEBT (Tables)
9 Months Ended
Sep. 30, 2025
CONVERTIBLE DEBT  
Schedule of convertible debt

 

 

September 30,

2025

 

 

December 31,

2024

 

 

 

 

 

 

 

 

Beginning balance convertible notes

 

$-

 

 

 

-

 

Issuance of new convertible notes

 

 

9,839,348

 

 

 

-

 

Payments

 

 

-

 

 

 

-

 

Conversion to common stock

 

 

-

 

 

 

-

 

Subtotal notes

 

 

9,839,348

 

 

 

-

 

Unamortized debt discount

 

 

(4,085,949 )

 

 

-

 

Fair value adjustment

 

 

1,691,933

 

 

 

-

 

Convertible note payable, net of fair value adjustment and unamortized debt discount

 

$7,445,332

 

 

 

-

 

Schedule of changes in convertible debt

Balance, January 1, 2025

 

$-

 

Derivative liability associated with the August 2025 Note issued

 

 

2,817,218

 

Change in fair value of the derivative liability

 

 

311,778

 

Balance, September 30, 2025

 

$3,128,996