SUBSEQUENT EVENTS |
3 Months Ended |
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Mar. 31, 2025 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS |
19. SUBSEQUENT EVENTS
From April 1, 2025 through May 15, 2025, the Company issued 817,087 common shares upon conversion of convertible debt (principal and interest of $1,214,047).
On April 22, 2025, an Investor purchased a promissory note of $290,000. The promissory note has an original issue discount of $40,000 and a one-time interest charge of 12% ($34,800).
On May 1, 2025, the Company issued 117,206 common shares to the Executive Chair of the Company for completion of certain milestones.
On May 1, 2025, the Company issued 141,289 common shares to an executive of the Company as part of compensation to Company officers.
On May 9, 2025, the Company issued 50,000 common shares upon exercise of warrants.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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