| SCHEDULE OF CHANGES IN FAIR VALUE OF COMPANY'S LEVEL 3 FINANCIAL INSTRUMENTS |
Changes
in the fair value of the Company’s financial instruments for the nine months ended June 30, 2024 and 2023 were as follows:
SCHEDULE OF CHANGES IN FAIR VALUE OF COMPANY'S LEVEL 3 FINANCIAL INSTRUMENTS
| |
|
Level 1 |
|
|
Level 3 |
|
|
Level 3 |
|
|
|
|
| |
|
IPO and Rep Warrants
|
|
|
Debenture Warrants
|
|
|
Debenture Convertible Feature
|
|
|
Total |
|
| Balance at January 1, 2024 |
|
$ |
11,308 |
|
|
$ |
955,000 |
|
|
$ |
1,724,000 |
|
|
$ |
2,690,308 |
|
| Additions |
|
|
- |
|
|
|
1,175,000 |
|
|
|
854,000 |
|
|
|
2,029,000 |
|
| Conversions |
|
|
- |
|
|
|
- |
|
|
|
(2,297,316 |
) |
|
|
(2,297,316 |
) |
| Change in fair value |
|
|
21,195 |
|
|
|
(1,346,430 |
) |
|
|
632,309 |
|
|
|
(692,926 |
) |
| Effect of exchange rate changes |
|
|
(563 |
) |
|
|
(32,570 |
) |
|
|
(64,993 |
) |
|
|
(98,126 |
) |
| Balance at June 30, 2024 |
|
$ |
31,940 |
|
|
|
751,000 |
|
|
|
848,000 |
|
|
|
1,630,940 |
|
| |
|
Level 1 |
|
|
Level 3 |
|
|
Level 3 |
|
|
|
|
| |
|
Equity Warrants
|
|
|
Debenture Warrants
|
|
|
Debenture Convertible Feature
|
|
|
Total |
|
| Balance at January 1, 2023 |
|
$ |
275,115 |
|
|
$ |
2,917,000 |
|
|
$ |
1,457,000 |
|
|
$ |
4,649,115 |
|
| Additions |
|
|
45,120 |
|
|
|
2,378,000 |
|
|
|
1,599,000 |
|
|
|
4,022,120 |
|
| Conversions |
|
|
- |
|
|
|
- |
|
|
|
(194,492 |
) |
|
|
(194,492 |
) |
| Change in fair value |
|
|
(167,527 |
) |
|
|
(4,579,136 |
) |
|
|
(1,086,362 |
) |
|
|
(5,833,025 |
) |
| Effect of exchange rate changes |
|
|
8,903 |
|
|
|
(10,864 |
) |
|
|
29,854 |
|
|
|
27,893 |
|
| Balance at June 30, 2023 |
|
$ |
161,611 |
|
|
$ |
705,000 |
|
|
$ |
1,805,000 |
|
|
$ |
2,671,611 |
|
|